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EBITDA for Royal Caribbean Cruises (RCL)

Latest filings through · Reported

Metric

TTM

$7.23B

YoY change

+13.5%

5Y CAGR

—

Peak year (2025)

$6.91B

EBITDA history chart for Royal Caribbean Cruises (RCL) from 1991 to 2025

Latest: $6.91B

EBITDA growth chart for Royal Caribbean Cruises (RCL) from 1991 to 2025

Latest: +13.5%

EBITDA history table for Royal Caribbean Cruises (RCL) from 1991 to 2025

  • 2025$6.91B+13.5%
  • 2024$6.09B+33.5%
  • 2023$4.56B+641.6%
  • 2022$615.00M-123.0%
  • 2021−$2.67B-26.7%
  • 2020−$3.65B-202.5%
  • 2019$3.56B+11.9%
  • 2018$3.18B+10.7%
  • 2017$2.88B+15.7%
  • 2016$2.49B+40.4%
  • 2015$1.77B-1.4%
  • 2014$1.79B+15.0%
  • 2013$1.56B+41.3%
  • 2012$1.10B-34.7%
  • 2011$1.69B+10.6%
  • 2010$1.53B+44.8%
  • 2009$1.06B-21.9%
  • 2008$1.35B-2.3%
  • 2007$1.38B+8.1%
  • 2006$1.28B+0.5%
  • 2005$1.27B+11.0%
  • 2004$1.15B+29.1%
  • 2003$888.88M-0.1%
  • 2002$890.08M+17.6%
  • 2001$756.78M-5.5%
  • 2000$800.59M+18.1%
  • 1999$678.08M-0.8%
  • 1998$683.35M-188.5%
  • 1997−$772.00M+41.3%
  • 1996−$546.30M+14.2%
  • 1995−$478.50M+2.8%
  • 1994−$465.30M-287.6%
  • 1993$248.00M+14.7%
  • 1992$216.30M+77.6%
  • 1991$121.80M—

EBITDA values are taken from Royal Caribbean Cruises's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA at Royal Caribbean Cruises (RCL)

According to Royal Caribbean Cruises's latest reported financial statements, the company's current EBITDA (TTM) is $7.23B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

2025's annual EBITDA for Royal Caribbean Cruises (RCL) came in at $6.91B – grew 13.5% year-over-year.

Over 2015–2025 (10 years), Royal Caribbean Cruises EBITDA expanded at a +14.6% compound annual rate, sustaining 5 straight years of year-over-year growth.

The highest annual EBITDA of $6.91B was reported in 2025. The lowest in the available history was −$3.65B in 2020.

Royal Caribbean Cruises EBITDA by Year

Royal Caribbean Cruises EBITDA 2025: $6.91B

Royal Caribbean Cruises EBITDA in 2025 was $6.91B, grew 13.5% from 2024. This figure represents the highest annual value in the available history.

Royal Caribbean Cruises EBITDA 2024: $6.09B

2024's EBITDA for Royal Caribbean Cruises came in at $6.09B, surged 33.5% from 2023.

Royal Caribbean Cruises EBITDA 2023: $4.56B

Royal Caribbean Cruises posted EBITDA of $4.56B in 2023, surged 641.6% from 2022.

Royal Caribbean Cruises EBITDA 2022: $615.00M

In 2022, Royal Caribbean Cruises reported EBITDA of $615.00M, plunged 123.0% below 2021.

Royal Caribbean Cruises EBITDA 2021: −$2.67B

Royal Caribbean Cruises EBITDA in 2021 was −$2.67B.

See more financial history for Royal Caribbean Cruises (RCL).

Sector peers by EBITDA

Consumer Cyclical peers of Royal Caribbean Cruises (RCL), ranked by their latest EBITDA

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