Operating Cash Flow CAGR:19.91%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, Operating Cash Flow CAGR averages 42.18% over 3 years and 15.32% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Operating cash flow CAGR measures the compound annual growth rate of the cash Royal Caribbean Cruises Ltd. generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
RCL Operating Cash Flow CAGR Chart
Royal Caribbean Cruises Ltd. (RCL)
RCL Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
RCL Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $5.26B | $6.46B | +$1.20B | +22.79% | +22.79% |
| 2024 | $4.48B | $5.26B | +$788.00M | +17.60% | +17.60% |
| 2023 | $481.00M | $4.48B | +$4.00B | +830.77% | +830.77% |
| 2022 | $-1.88B | $481.00M | +$2.36B | N/A | N/A |
| 2021 | $-3.73B | $-1.88B | +$1.85B | N/A | N/A |
| 2020 | $3.72B | $-3.73B | $-7.45B | -200.41% | N/A |
| 2019 | $3.48B | $3.72B | +$237.23M | +6.82% | +6.82% |
| 2018 | $2.87B | $3.48B | +$604.57M | +21.03% | +21.03% |
| 2017 | $2.52B | $2.87B | +$357.88M | +14.22% | +14.22% |
| 2016 | $1.95B | $2.52B | +$570.32M | +29.30% | +29.30% |
| 2015 | $1.74B | $1.95B | +$202.61M | +11.62% | +11.62% |
| 2014 | $1.41B | $1.74B | +$331.69M | +23.49% | +23.49% |
| 2013 | $1.38B | $1.41B | +$30.33M | +2.20% | +2.20% |
| 2012 | $1.46B | $1.38B | $-74.00M | -5.08% | -5.08% |
| 2011 | $1.66B | $1.46B | $-207.28M | -12.46% | -12.46% |
| 2010 | $844.88M | $1.66B | +$818.14M | +96.83% | +96.83% |
| 2009 | $1.07B | $844.88M | $-226.37M | -21.13% | -21.13% |
| 2008 | $1.27B | $1.07B | $-197.44M | -15.56% | -15.56% |
| 2007 | $948.51M | $1.27B | +$320.19M | +33.76% | +33.76% |
| 2006 | $1.11B | $948.51M | $-162.85M | -14.65% | -14.65% |
| 2005 | $1.08B | $1.11B | +$34.37M | +3.19% | +3.19% |
| 2004 | $857.80M | $1.08B | +$219.19M | +25.55% | +25.55% |
| 2003 | $870.47M | $857.80M | $-12.67M | -1.46% | -1.46% |
| 2002 | $633.69M | $870.47M | +$236.78M | +37.37% | +37.37% |
| 2001 | $703.32M | $633.69M | $-69.63M | -9.90% | -9.90% |
| 2000 | $583.36M | $703.32M | +$119.96M | +20.56% | +20.56% |
| 1999 | $526.86M | $583.36M | +$56.50M | +10.72% | +10.72% |
| 1998 | $434.10M | $526.86M | +$92.76M | +21.37% | +21.37% |
| 1997 | $299.50M | $434.10M | +$134.60M | +44.94% | +44.94% |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $1.83B | +13.0% | +12.7% |
| Q4 2025 | $1.62B | +10.5% | +10.6% |
| Q3 2025 | $1.47B | -15.9% | +63.8% |
| Q2 2025 | $1.75B | +7.3% | +11.0% |
| Q1 2025 | $1.63B | +10.9% | +22.5% |
| Q4 2024 | $1.47B | +63.5% | +31.5% |
| Q3 2024 | $897.00M | -43.0% | +36.1% |
| Q2 2024 | $1.57B | +18.4% | +13.0% |
| Q1 2024 | $1.33B | +19.0% | +1.4% |
| Q4 2023 | $1.12B | +69.3% | +93.5% |
| Q3 2023 | $659.00M | -52.7% | — |
| Q2 2023 | $1.39B | +6.3% | +190.8% |
| Q1 2023 | $1.31B | +127.2% | — |
| Q4 2022 | $576.60M | — | — |
| Q3 2022 | -$44.53M | — | +89.0% |
| Q2 2022 | $478.64M | — | — |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About Royal Caribbean Cruises Ltd.
Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61 vessels. Established in 1968, the company's corporate headquarters are situated in Miami, Florida.
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- CEO
- Jason T. Liberty