Royal Caribbean Cruises Ltd (RCL)
Interest coverage
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 5,296,000 | 4,487,000 | 3,106,000 | -792,000 | -3,968,000 |
| Interest expense | US$ in thousands | 992,000 | 1,590,000 | 1,402,000 | 1,364,000 | 1,292,000 |
| Interest coverage | 5.34 | 2.82 | 2.22 | -0.58 | -3.07 |
December 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $5,296,000K ÷ $992,000K
= 5.34
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Royal Caribbean Cruises Ltd
RCL
5.34
Carnival Corporation
CCL
3.05