Free Cash Flow for Royal Caribbean Cruises (RCL)
Free Cash Flow for Royal Caribbean Cruises (RCL): headline value $1.24B · YoY -38.1%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.24B
YoY change
-38.1%
5Y CAGR
N/A
Peak year (2017)
$2.31B
Latest annual
$1.24B
Free Cash Flow history chart for Royal Caribbean Cruises (RCL) from 1991 to 2025
Free Cash Flow history table for Royal Caribbean Cruises (RCL) from 1991 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.24B | -38.1% | ||
| 2024 | $2.00B | +244.3% | ||
| 2023 | $580.00M | -126.0% | ||
| 2022 | -$2.23B | -45.7% | ||
| 2021 | -$4.11B | -27.9% | ||
| 2020 | -$5.70B | -923.6% | ||
| 2019 | $691.70M | -482.4% | ||
| 2018 | -$180.89M | -107.8% | ||
| 2017 | $2.31B | +10248.1% | ||
| 2016 | $22.33M | -93.3% | ||
| 2015 | $333.03M | -592.4% | ||
| 2014 | -$67.64M | -110.4% | ||
| 2013 | $648.29M | +618.4% | ||
| 2012 | $90.23M | -68.0% | ||
| 2011 | $282.11M | -153.8% | ||
| 2010 | -$524.17M | -67.9% | ||
| 2009 | -$1.63B | +41.7% | ||
| 2008 | -$1.15B | +2266.7% | ||
| 2007 | -$48.69M | -79.0% | ||
| 2006 | -$232.07M | -134.1% | ||
| 2005 | $681.46M | +52.7% | ||
| 2004 | $446.32M | -359.9% | ||
| 2003 | -$171.73M | -195.2% | ||
| 2002 | $180.48M | -116.4% | ||
| 2001 | -$1.10B | +89.5% | ||
| 2000 | -$582.33M | +49.7% | ||
| 1999 | -$389.12M | +212.3% | ||
| 1998 | -$124.59M | -84.9% | ||
| 1997 | -$824.50M | +95.0% | ||
| 1996 | -$422.90M | +108.4% | ||
| 1995 | -$202.90M | -381.8% | ||
| 1994 | $72.00M | -47.4% | ||
| 1993 | $136.80M | -242.9% | ||
| 1992 | -$95.70M | -70.0% | ||
| 1991 | -$318.90M | — |
Free Cash Flow values are taken from Royal Caribbean Cruises's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Royal Caribbean Cruises (RCL) free cash flow is $1.24B – plunged 38.1% year-over-year.
Looking at the 2015–2025 (10 years) stretch, Royal Caribbean Cruises free cash flow compounded at +14.0% per year, with the latest reading among the more recent periods of the dataset.
Royal Caribbean Cruises free cash flow plunged from $2.31B in 2017 to $1.24B in 2025, a 46.5% drawdown.
The dataset's maximum free cash flow sits at $2.31B (2017); the minimum reading of -$5.70B dates to 2020.
Royal Caribbean Cruises (RCL) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $8.39B.
Royal Caribbean Cruises Free Cash Flow by Year
Royal Caribbean Cruises Free Cash Flow 2025: $1.24B
Royal Caribbean Cruises free cash flow in 2025 was $1.24B, plunged 38.1% below 2024.
Royal Caribbean Cruises Free Cash Flow 2024: $2.00B
Royal Caribbean Cruises free cash flow in 2024 was $2.00B, surged 244.3% from 2023.
Royal Caribbean Cruises Free Cash Flow 2023: $580.00M
Royal Caribbean Cruises free cash flow in 2023 was $580.00M, plunged 126.0% below 2022.
Royal Caribbean Cruises Free Cash Flow 2022: -$2.23B
Royal Caribbean Cruises free cash flow in 2022 was -$2.23B, plunged 45.7% below 2021.
Royal Caribbean Cruises Free Cash Flow 2021: -$4.11B
Royal Caribbean Cruises free cash flow in 2021 was -$4.11B.
See more financial history for Royal Caribbean Cruises (RCL).
Sector peers — Free Cash Flow
Companies in the same sector as Royal Caribbean Cruises, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| PDD Holdings Inc. (PDD) | $106.94B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $78.16B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $12.65B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.09B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $7.70B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $7.19B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $6.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $4.86B | Consumer Cyclical |
Frequently asked questions
What is Royal Caribbean Cruises's free cash flow?
Latest reported free cash flow for Royal Caribbean Cruises (RCL) is $1.24B (period ending December 31, 2025).
How has Royal Caribbean Cruises free cash flow changed year-over-year?
Royal Caribbean Cruises (RCL) free cash flow changed -38.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Royal Caribbean Cruises free cash flow?
Royal Caribbean Cruises (RCL) free cash flow compound annual growth rate is +14.0% over the most recent 10 years available.
When did Royal Caribbean Cruises free cash flow hit its highest annual value?
Royal Caribbean Cruises free cash flow reached its highest annual value of $2.31B in 2017.
What was Royal Caribbean Cruises free cash flow in 2024?
Royal Caribbean Cruises (RCL) free cash flow in 2024 was $2.00B.
What was Royal Caribbean Cruises free cash flow in 2025?
Royal Caribbean Cruises (RCL) free cash flow in 2025 was $1.24B.
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