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ROYAL CARIBBEAN CRUISES LTD Capital Expenditures 2008-2026 | RCL

Annual FY2008–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$5.23B

+60.0%YoY vs FY2024Source: 10-KFY2025

From $2.22B in FY2008 to $5.23B in FY2025: 2.4× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$500M+16.8%Not reportedNot reportedNot reported
FY25$428M+76.9%$836M−60.9%$2.5B+635.9%$1.5B+173.0%
FY24$242M−4.0%$2.1B+168.8%$334M+18.9%$552M−78.5%
FY23$252M−81.5%$796M−16.6%$281M+24.6%$2.6B+1440.2%
FY22$1.4B+28.4%$955M+325.3%$226M−38.7%$167M−71.0%
Share28%29%16%27%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+21.6%

FY2020
$1.97B
FY2025
$5.23B

5 years selected · on the chart

Capital Expenditures History

Year-over-year comparison from 10-K annual reports

  1. $5.23B
YoY changeLargest recent move+548.8%in FY18Latest +60.0%

1 older move runs past ±150% (largest +548.8%); point at, tap or drag across the bars to read one.

Capital Expenditures, period by period

PeriodValueChangeSource
FY2025$5.23B+60.0%10-K
FY2024$3.27B−16.1%10-K
FY2023$3.90B+43.8%10-K
FY2022$2.71B+21.5%10-K
FY2021$2.23B+13.5%10-K
FY2020$1.97B−35.0%10-K
FY2019$3.02B−17.4%10-K
FY2018$3.66B+548.8%10-K
FY2017$564.1M−77.4%10-K
FY2016$2.49B+54.6%10-K
FY2015$1.61B−10.9%10-K
FY2014$1.81B+137.2%10-K
FY2013$763.8M−40.9%10-K
FY2012$1.29B+10.0%10-K
FY2011$1.17B−46.3%10-K
FY2010$2.19B−11.7%10-K
FY2009$2.48B+11.4%10-K
FY2008$2.22B—10-K

What is capital expenditures?

Capital expenditures (CapEx) can be defined as money spent on acquiring, maintaining, or upgrading physical assets such as property, buildings, and equipment.

What is ROYAL CARIBBEAN CRUISES LTD's current capital expenditures?

ROYAL CARIBBEAN CRUISES LTD (RCL) annual capital expenditures for 2025 was $5.23B, a 60.01% increase from 2024. ROYAL CARIBBEAN CRUISES LTD capital expenditures for the quarter ending March 31, 2026 was $500.0M.

What was ROYAL CARIBBEAN CRUISES LTD's capital expenditures in 2024?

ROYAL CARIBBEAN CRUISES LTD annual capital expenditures for 2024 was $3.27B, a 16.14% decline from 2023.

What was ROYAL CARIBBEAN CRUISES LTD's capital expenditures in 2023?

ROYAL CARIBBEAN CRUISES LTD annual capital expenditures for 2023 was $3.90B, a 43.80% increase from 2022.

What is ROYAL CARIBBEAN CRUISES LTD's 5-year capital expenditures CAGR?

ROYAL CARIBBEAN CRUISES LTD capital expenditures grew at a compound annual growth rate (CAGR) of 21.62% from FY2020 to FY2025, going from $1.97B to $5.23B over 5 years.

Company
ROYAL CARIBBEAN CRUISES LTD
Ticker
RCL
Sector
Other
Industry
Water Transportation