Royal Caribbean Cruises Ltd. (RCL)

Royal Caribbean Cruises Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	875	825	388	497	1,935	2,702
Trading Asset Securities	1	1	-	1	-	6.48
Cash & Short-Term Investments	876	826	388	498	1,935	2,708
Cash Growth	19.18%	112.89%	-22.09%	-74.26%	-28.55%	-26.50%
Accounts Receivable	441	317	354	386	513	386.56
Receivables	441	317	371	405	531	408.07
Inventory	267	264	265	248	224	150.22
Prepaid Expenses	803	690	670	617	456	286.03
Other Current Assets	46	114	11	24	59	47.71
Total Current Assets	2,433	2,211	1,705	1,792	3,205	3,600
Property, Plant & Equipment	38,869	36,316	32,508	30,725	28,084	26,450
Long-Term Investments	31	29	58	75	115	-
Goodwill	808	808	808	809	809	809.38
Other Intangible Assets	-	390	404	418	426	434.56
Long-Term Accounts Receivable	220	187	161	167	168	52.9
Other Long-Term Assets	2,108	1,550	1,305	1,059	886	802.09
Total Assets	44,644	41,619	37,070	35,131	33,776	32,258

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,093	953	919	792	647	545.98
Accrued Expenses	2,165	2,026	1,635	1,478	1,459	1,140
Current Portion of Long-Term Debt	1,573	3,176	1,596	1,694	2,054	2,192
Current Portion of Leases	71	94	81	91	114	120.39
Current Unearned Revenue	3,700	3,100	2,800	2,600	-	-
Other Current Liabilities	3,053	2,706	2,786	2,746	4,299	3,288
Total Current Liabilities	11,655	12,055	9,817	9,401	8,573	7,286
Long-Term Debt	21,104	18,011	18,363	19,389	20,986	18,488
Long-Term Leases	770	755	780	956	840	955.53
Other Long-Term Liabilities	654	553	375	486	508	443.1
Total Liabilities	34,183	31,374	29,335	30,232	30,907	27,173

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3	3	3	3	3	2.83
Additional Paid-In Capital	7,896	7,964	7,831	7,474	7,285	7,557
Retained Earnings	7,187	5,925	2,612	-10	-1,707	302.28
Treasury Stock	-4,334	-3,251	-2,081	-2,069	-2,068	-2,066
Comprehensive Income & Other	-516	-604	-802	-674	-644	-710.89
Total Common Equity	10,236	10,037	7,563	4,724	2,869	5,086
Minority Interest	225	208	172	175	-	-
Shareholders' Equity	10,461	10,245	7,735	4,899	2,869	5,086
Total Liabilities & Equity	44,644	41,619	37,070	35,131	33,776	32,258

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	23,518	22,036	20,820	22,130	23,994	21,756
Net Cash (Debt)	-22,642	-21,210	-20,432	-21,632	-22,059	-19,048
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-83.40	-77.41	-73.23	-76.44	-86.51	-75.59
Filing Date Shares Outstanding	267.45	270.53	269.13	256.65	255.35	255
Total Common Shares Outstanding	267.45	270.42	268.9	256.42	255.24	254.82
Working Capital	-9,222	-9,844	-8,112	-7,609	-5,368	-3,685
Book Value Per Share	38.27	37.12	28.13	18.42	11.24	19.96
Tangible Book Value	9,428	8,839	6,351	3,497	1,634	3,842
Tangible Book Value Per Share	35.25	32.69	23.62	13.64	6.40	15.08
Land	-	1,519	887	763	772	746.79
Machinery	-	49,841	45,205	40,109	38,242	35,160
Construction In Progress	-	1,312	1,048	3,052	1,061	1,180

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

Data Sources Report a data error