Royal Caribbean Cruises Ltd.

RCLNYSEConsumer Cyclical● Active

$280.00

$-13.28(-4.53%)

Market Cap$75.1B

P/E Ratio—

52W High$366.5

52W Low$232.1

Avg Volume2.8M

Open$291.96

Beta1.78

Cash on Hand Financials Revenue

Royal Caribbean Cruises Ltd. (RCL) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

RCL · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$940.0M▲ +142.3% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$825.0M

cashAndCashEquivalents

Short-Term Investments

$115.0M

shortTermInvestments

YoY Change vs Prior Year

+142.3%

vs prior fiscal year

Latest Quarter

$512.0M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$940.0MCash on Hand

Total Debt$22.64BTotal Debt

Net Cash / Net Debt−$21.70BNet Debt Position

Cash vs Debt Ratio

Cash 4%Royal Caribbean Cruises Ltd. cash as % of market cap: 1.25%% · MCap $75BDebt 96%

Royal Caribbean Cruises Ltd. carries a net debt position of $21.70B. Total debt ($22.64B) exceeds cash on hand ($940.0M). Royal Caribbean Cruises Ltd. cash vs debt ratio: 4% cash / 96% debt.

Net Cash = Cash & ST Investments − Total Debt$940.0M − $22.64B = −$21.70B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

RCL annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

RCL cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$940.0M+142.3%

Dec 31, 2024FY$388.0M-21.9%

Dec 31, 2023FY$497.0M-74.3%

Dec 31, 2022FY$1.94B-28.4%

Dec 31, 2021FY$2.70B-26.7%

RCL cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Consumer Cyclical Sector Cash Reserves Comparison

RCL vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Alibaba Group Holding Limited

Royal Caribbean Cruises Ltd.YOU

RCL

$940.0M$75B1.3%

Consumer Cyclical sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Royal Caribbean Cruises Ltd. (RCL) cash on hand as of December 31, 2025 is $940.0M, comprising $825.0M in cash and cash equivalents (CCE) plus $115.0M in short-term investments — reported as Royal Caribbean Cruises Ltd. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Royal Caribbean Cruises Ltd. cash reserves or cash position.

Royal Caribbean Cruises Ltd. annual cash on hand history shows increased +142.3% in 2025: increased +142.3% in 2025. Royal Caribbean Cruises Ltd. cash reserves in 2025 reflect the company's capital allocation strategy.

Royal Caribbean Cruises Ltd. carries total debt of $22.64B against cash of $940.0M, resulting in a net debt position of -$21.70B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

RCL cash on hand · 5 questions

As of December 31, 2025, Royal Caribbean Cruises Ltd. (RCL) has $940,000,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $825,000,000 in cash and cash equivalents (CCE) plus $115,000,000 in short-term investments. Latest quarter (March 31, 2026): $512,000,000. Data sourced from the annual 10-K filing via FMP.

RCL cash on handRCL cash reservesRCL cash 2025how much cash does RCL have

▸ Source: FMP /balance-sheet-statement · US GAAP · Royal Caribbean Cruises Ltd. · Royal Caribbean Cruises Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025