Royal Caribbean Cruises Ltd (RCL)

Working capital turnover

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Revenue (ttm) US$ in thousands 17,935,000 17,437,000 17,184,000 16,756,000 16,485,000 16,055,420 15,329,420 14,742,420 13,900,420 13,172,990 12,006,070 10,667,310 8,840,540 7,218,797 4,682,675 2,549,349 1,532,133 584,024 93,378 218,069
Total current assets US$ in thousands 2,211,000 1,887,000 2,450,000 1,828,000 1,705,000 1,831,000 1,886,000 1,870,000 1,792,000 1,780,710 1,968,840 2,413,600 3,205,000 2,837,050 3,560,890 3,176,940 3,600,270 4,167,380 5,009,230 5,649,970
Total current liabilities US$ in thousands 12,055,000 11,469,000 10,573,000 10,300,000 9,817,000 9,631,000 9,894,000 9,905,000 9,401,000 9,241,680 9,666,860 9,441,540 8,573,000 9,793,990 11,719,400 8,007,160 7,285,680 5,242,920 4,679,720 3,314,830
Working capital turnover 0.28 0.09

December 31, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $17,935,000K ÷ ($2,211,000K – $12,055,000K)
= —


Peer comparison

Dec 31, 2025

Company name
Symbol
Working capital turnover
Royal Caribbean Cruises Ltd
RCL
Carnival Corporation
CCL

See also:

Royal Caribbean Cruises Ltd Working Capital Turnover (Quarterly Data)