Royal Caribbean Cruises annual debt-to-assets ratio
2009
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2024
2025
Royal Caribbean Cruises Debt-to-Assets Ratio Growth & History (RCL)
Royal Caribbean Cruises's debt-to-assets ratio was 0.53 for fiscal 2025.
View full Royal Caribbean Cruises company overviewRoyal Caribbean Cruises annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.53 | −0.03 | −5.58% |
| 2024 | 2024-12-31 | 0.56 | −0.08 | −11.81% |
| 2023 | 2023-12-31 | 0.64 | −0.08 | −11.15% |
| 2022 | 2022-12-31 | 0.72 | 0.03 | +4.89% |
| 2021 | 2021-12-31 | 0.69 | 0.06 | +10.39% |
| 2020 | 2020-12-31 | 0.62 | 0.23 | +57.76% |
| 2019 | 2019-12-31 | 0.39 | 0.01 | +1.41% |
| 2018 | 2018-12-31 | 0.39 | 0.05 | +15.40% |
| 2017 | 2017-12-31 | 0.34 | −0.08 | −19.87% |
| 2016 | 2016-12-31 | 0.42 | 0.01 | +2.55% |
| 2015 | 2015-12-31 | 0.41 | 0.04 | +11.18% |
| 2014 | 2014-12-31 | 0.37 | 0.04 | +13.77% |
| 2013 | 2013-12-31 | 0.32 | −0.03 | −7.73% |
| 2012 | 2012-12-31 | 0.35 | −0.08 | −18.05% |
| 2011 | 2011-12-31 | 0.43 | −0.04 | −7.86% |
| 2010 | 2010-12-31 | 0.47 | 0.00 | +0.82% |
| 2009 | 2009-12-31 | 0.46 | — | — |
Royal Caribbean Cruises quarterly debt-to-assets ratio
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
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Q2.13
Q3.13
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Q4.16
Q1.17
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Q4.17
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Q2.20
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Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.53 | 0.01 | +2.27% |
| Q1 2026 | 2026-03-31 | 0.52 | −0.02 | −3.94% |
| Q4 2025 | 2025-12-31 | 0.53 | −0.03 | −5.58% |
| Q3 2025 | 2025-09-30 | 0.53 | −0.06 | −10.88% |
| Q2 2025 | 2025-06-30 | 0.52 | −0.08 | −13.94% |
| Q1 2025 | 2025-03-31 | 0.54 | −0.07 | −11.77% |
| Q4 2024 | 2024-12-31 | 0.56 | −0.08 | −11.81% |
| Q3 2024 | 2024-09-30 | 0.59 | −0.05 | −7.32% |
| Q2 2024 | 2024-06-30 | 0.60 | −0.05 | −7.70% |
| Q1 2024 | 2024-03-31 | 0.61 | −0.07 | −10.08% |
| Q4 2023 | 2023-12-31 | 0.64 | −0.08 | −11.15% |
| Q3 2023 | 2023-09-30 | 0.64 | −0.09 | −12.37% |
| Q2 2023 | 2023-06-30 | 0.65 | −0.07 | −9.30% |
| Q1 2023 | 2023-03-31 | 0.68 | −0.03 | −4.66% |
| Q4 2022 | 2022-12-31 | 0.72 | 0.03 | +4.89% |
| Q3 2022 | 2022-09-30 | 0.73 | 0.06 | +9.75% |
| Q2 2022 | 2022-06-30 | 0.71 | 0.06 | +9.02% |
| Q1 2022 | 2022-03-31 | 0.71 | 0.08 | +12.59% |
| Q4 2021 | 2021-12-31 | 0.69 | 0.06 | +10.39% |
| Q3 2021 | 2021-09-30 | 0.66 | 0.04 | +6.82% |
| Q2 2021 | 2021-06-30 | 0.66 | 0.06 | +10.77% |
| Q1 2021 | 2021-03-31 | 0.63 | 0.13 | +25.27% |
| Q4 2020 | 2020-12-31 | 0.62 | 0.23 | +57.76% |
| Q3 2020 | 2020-09-30 | 0.62 | 0.27 | +77.07% |
| Q2 2020 | 2020-06-30 | 0.59 | 0.23 | +64.86% |
| Q1 2020 | 2020-03-31 | 0.51 | 0.18 | +54.16% |
| Q4 2019 | 2019-12-31 | 0.39 | 0.01 | +1.41% |
| Q3 2019 | 2019-09-30 | 0.35 | 0.03 | +9.85% |
| Q2 2019 | 2019-06-30 | 0.36 | 0.05 | +17.68% |
| Q1 2019 | 2019-03-31 | 0.33 | 0.01 | +2.74% |
| Q4 2018 | 2018-12-31 | 0.39 | 0.05 | +15.40% |
| Q3 2018 | 2018-09-30 | 0.32 | 0.04 | +16.06% |
| Q2 2018 | 2018-06-30 | 0.31 | 0.01 | +3.74% |
| Q1 2018 | 2018-03-31 | 0.32 | 0.01 | +2.90% |
| Q4 2017 | 2017-12-31 | 0.34 | −0.08 | −19.87% |
| Q3 2017 | 2017-09-30 | 0.27 | −0.10 | −26.69% |
| Q2 2017 | 2017-06-30 | 0.29 | −0.11 | −27.78% |
| Q1 2017 | 2017-03-31 | 0.31 | −0.06 | −16.56% |
| Q4 2016 | 2016-12-31 | 0.42 | 0.01 | +2.55% |
| Q3 2016 | 2016-09-30 | 0.38 | 0.01 | +3.63% |
| Q2 2016 | 2016-06-30 | 0.41 | 0.05 | +14.79% |
| Q1 2016 | 2016-03-31 | 0.37 | 0.01 | +4.04% |
| Q4 2015 | 2015-12-31 | 0.41 | 0.04 | +11.18% |
| Q3 2015 | 2015-09-30 | 0.36 | 0.04 | +14.15% |
| Q2 2015 | 2015-06-30 | 0.35 | 0.00 | +0.03% |
| Q1 2015 | 2015-03-31 | 0.36 | −0.01 | −3.45% |
| Q4 2014 | 2014-12-31 | 0.37 | 0.04 | +13.77% |
| Q3 2014 | 2014-09-30 | 0.32 | 0.02 | +6.47% |
| Q2 2014 | 2014-06-30 | 0.35 | 0.04 | +11.50% |
| Q1 2014 | 2014-03-31 | 0.37 | 0.07 | +23.25% |
| Q4 2013 | 2013-12-31 | 0.32 | −0.03 | −7.73% |
| Q3 2013 | 2013-09-30 | 0.30 | −0.04 | −11.59% |
| Q2 2013 | 2013-06-30 | 0.32 | −0.04 | −11.35% |
| Q1 2013 | 2013-03-31 | 0.30 | −0.13 | −29.44% |
| Q4 2012 | 2012-12-31 | 0.35 | −0.08 | −18.05% |
| Q3 2012 | 2012-09-30 | 0.34 | −0.10 | −22.59% |
| Q2 2012 | 2012-06-30 | 0.36 | −0.07 | −16.80% |
| Q1 2012 | 2012-03-31 | 0.43 | −0.02 | −3.98% |
| Q4 2011 | 2011-12-31 | 0.43 | −0.04 | −7.86% |
| Q3 2011 | 2011-09-30 | 0.44 | 0.00 | +0.13% |
| Q2 2011 | 2011-06-30 | 0.43 | −0.01 | −2.65% |
| Q1 2011 | 2011-03-31 | 0.44 | −0.01 | −1.18% |
| Q4 2010 | 2010-12-31 | 0.47 | 0.00 | +0.82% |
| Q3 2010 | 2010-09-30 | 0.43 | — | — |
| Q2 2010 | 2010-06-30 | 0.44 | — | — |
| Q1 2010 | 2010-03-31 | 0.45 | — | — |
| Q4 2009 | 2009-12-31 | 0.46 | — | — |
Royal Caribbean Cruises debt-to-assets ratio trends
Over the last five fiscal years, Royal Caribbean Cruises's debt-to-assets ratio decreased from 0.62 to 0.53, a change of −0.09. The latest reported quarter, Q2 2026, shows 0.53.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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