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Debt-to-equity at other companies

Carnival Corporation logo
Carnival CorporationCCL
2.2×-1.1×
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Norwegian Cruise Line Holdings Ltd.NCLH
5.8×-2.9×
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AirbnbABNB
0.3×0.0×
Walt Disney logo
Walt DisneyDIS
0.4×0.0×
Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
8.2×+2.1×
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OneSpaWorld Holdings LimitedOSW
0.2×0.0×

Other financials

Income statement

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Revenue$4.8B+6.5%
Gross profit$2.3B+1.3%
Operating income$1.3B-1.7%
Net income$1.1B-6.8%
EPS (diluted)$4.20-4.8%

Balance sheet

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Cash & equivalents$875.0M+19.0%
Total debt$23.5B+2,706%
Total equity$10.2B+11.6%
Total assets$44.6B+15.8%

Cash flow

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Operating cash flow$1.9B+6.5%
CapEx$2.7B+227%
Free cash flow$1.3B+11.3%

Valuation

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Market cap$85.13B-0.7%
Enterprise value$107.77B+25.5%
P/E19.4×-4.4×
P/S4.6×-0.4×

Profitability

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Gross margin49.1%+0.3pp
Operating margin27.3%+0.9pp
Net margin23.5%+2.6pp
FCF margin20.9%

Returns & leverage

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Return on equity45.3%-2.2pp
Current ratio0.2×0.0×

Where this comes from

Calculated from Royal Caribbean Group’s reported figures.

Based on the most recent quarter.

The source filing: Royal Caribbean Group’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 5:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000884887-26-000038

FAQ

What is Royal Caribbean Group's debt-to-equity?
Royal Caribbean Group (RCL) reported debt-to-equity of 2.3× in Q2 2026.
How has Royal Caribbean Group's debt-to-equity changed year-over-year?
Royal Caribbean Group's debt-to-equity increased by 2413.8% year-over-year, from 0.1× to 2.3×.
What is the long-term trend for Royal Caribbean Group's debt-to-equity?
Over 5 years (2020 to 2025), Royal Caribbean Group's debt-to-equity has grown at a 85.6% compound annual growth rate (CAGR), from 0.1× to 2.2×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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