Free cash flow
Royal Caribbean Group Free cash flow increased by 1050.0% to $1.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $1.20B to $1.33B. Over 2 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a -45.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$684.86M | -$771.31M | -$780.48M | -$1.89B | -$476.02M | -$270.05M | $1.06B | $594.89M | $379.49M | $1.09B | -$567.00M | $563.00M | $915.00M | $1.20B | $910.00M | -$989.00M | $116.00M | $1.33B |
| QoQ Change | — | -12.6% | -1.2% | -142.4% | +74.8% | +43.3% | +491.8% | -43.8% | -36.2% | +186.2% | -152.2% | +199.3% | +62.5% | +31.0% | -24.1% | -208.7% | +111.7% | >999% |
| YoY Change | — | — | — | — | +30.5% | +65.0% | +155.9% | +225.0% | +240.5% | +2.6% | -195.3% | +48.4% | — | +10.4% | +260.5% | -275.7% | -87.3% | +11.3% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Royal Caribbean Group's free cash flow?
- Royal Caribbean Group (RCL) reported free cash flow of $1.33B in Q1 2026.
- How has Royal Caribbean Group's free cash flow changed year-over-year?
- Royal Caribbean Group's free cash flow increased by 11.3% year-over-year, from $1.20B to $1.33B.
- What is the long-term trend for Royal Caribbean Group's free cash flow?
- Over 2 years (2021 to 2025), Royal Caribbean Group's free cash flow has grown at a -45.1% compound annual growth rate (CAGR), from -$4.11B to $1.24B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.