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ROYAL CARIBBEAN CRUISES LTD Interest Expense 2008-2024 | RCL

Annual FY2008–FY2023 · quarterly through Q1 FY2024

Latest annual · FY2023

$1.40B

+2.8%YoY vs FY2022Source: 10-KFY2023

From $327.3M in FY2008 to $1.40B in FY2023: 4.3× in 15 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY24$424M+17.8%Not reportedNot reportedNot reported
FY23$360M+29.7%$356M+17.4%$341M−3.3%$346M−19.8%
FY22$278M+1.9%$303M−0.7%$352M−18.2%$431M+51.9%
FY21$273M+193.3%$305M+39.3%$431M+66.1%$284M+4.0%
FY20$93M−7.5%$219M+96.7%$259M+154.2%$273M+188.2%
Share21%25%27%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 DirectionGrowing
CAGR

+33.3%

FY2018
$333.7M
FY2023
$1.40B

5 years selected · on the chart

Interest Expense History

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

  1. $1.40B
YoY changeLargest recent move+106.7%in FY20Latest +2.8%

Interest Expense, period by period

PeriodValueChangeSource
FY2023$1.40B+2.8%10-K
FY2022$1.36B+5.6%10-K
FY2021$1.29B+53.0%10-K
FY2020$844.2M+106.7%10-K
FY2019$408.5M+22.4%10-K
FY2018$333.7M+11.2%10-K
FY2017$300.0M−2.4%10-K
FY2016$307.4M+10.7%10-K
FY2015$277.7M+7.5%10-K
FY2014$258.3M−22.3%10-K
FY2013$332.4M−6.6%10-K
FY2012$355.8M−7.0%10-K
FY2011$382.4M+3.0%10-K
FY2010$371.2M+19.8%10-K
FY2009$309.9M−5.3%10-K
FY2008$327.3M—10-K

What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is ROYAL CARIBBEAN CRUISES LTD's current interest expense?

ROYAL CARIBBEAN CRUISES LTD (RCL) annual interest expense for 2023 was $1.40B, a 2.79% increase from 2022. ROYAL CARIBBEAN CRUISES LTD interest expense for the quarter ending March 31, 2024 was $424.0M.

What was ROYAL CARIBBEAN CRUISES LTD's interest expense in 2022?

ROYAL CARIBBEAN CRUISES LTD annual interest expense for 2022 was $1.36B, a 5.57% increase from 2021.

What was ROYAL CARIBBEAN CRUISES LTD's interest expense in 2021?

ROYAL CARIBBEAN CRUISES LTD annual interest expense for 2021 was $1.29B, a 53.04% increase from 2020.

What is ROYAL CARIBBEAN CRUISES LTD's 5-year interest expense CAGR?

ROYAL CARIBBEAN CRUISES LTD interest expense grew at a compound annual growth rate (CAGR) of 33.26% from FY2018 to FY2023, going from $333.7M to $1.40B over 5 years.

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