Investing
CapEx
Royal Caribbean Group CapEx decreased by 66.8% to $500.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $428.00M to $500.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 23.7% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $224.48M | $368.10M | $575.43M | $1.36B | $954.66M | $225.52M | $166.80M | $251.93M | $796.46M | $280.25M | $2.57B | $242.00M | $2.14B | $334.00M | $552.00M | $428.00M | $836.00M | $2.46B | $1.51B | $500.00M |
| QoQ Change | — | +64.0% | +56.3% | +136.9% | -30.0% | -76.4% | -26.0% | +51.0% | +216.1% | -64.8% | +816.4% | -90.6% | +784.3% | -84.4% | +65.3% | -22.5% | +95.3% | +194.0% | -38.7% | -66.8% |
| YoY Change | — | — | — | — | +325.3% | -38.7% | -71.0% | -81.5% | -16.6% | +24.3% | >999% | -3.9% | +168.7% | +19.2% | -78.5% | +76.9% | -60.9% | +635.9% | +173.0% | +16.8% |
Range$166.80M – $2.57B
CAGR+18.4%
Avg YoY Growth+158.0%
Median YoY Growth+18.0%
Current Streak2 quarters decline
CapEx at Other Companies
Frequently Asked Questions
- What is Royal Caribbean Group's capex?
- Royal Caribbean Group (RCL) reported capex of $500.00M in Q1 2026.
- How has Royal Caribbean Group's capex changed year-over-year?
- Royal Caribbean Group's capex increased by 16.8% year-over-year, from $428.00M to $500.00M.
- What is the long-term trend for Royal Caribbean Group's capex?
- Over 4 years (2021 to 2025), Royal Caribbean Group's capex has grown at a 23.7% compound annual growth rate (CAGR), from $2.23B to $5.23B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.