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Royal Caribbean Group RCL Interest coverage

Interest coverage at other companies

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Carnival CorporationCCL
3.6×+1.3×
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6.2×+0.6×
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Hyatt HotelsH
1.3×-5.1×

Other financials

Income statement

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Revenue$4.5B+11.3%
Gross profit$2.2B+14.8%
Operating income$1.2B+23.0%
Net income$941.0M+28.9%
EPS (diluted)$3.48+28.9%

Balance sheet

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Cash & equivalents$512.0M+32.6%
Total debt$678.0M-19.9%
Total equity$9.8B+23.2%
Total assets$42.0B+12.1%

Cash flow

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Operating cash flow$1.8B+12.7%
CapEx$500.0M+16.8%
Free cash flow$1.3B+11.3%

Valuation

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Market cap$83.81B+34.6%
Enterprise value$83.98B+33.8%
P/E18.7×-0.5×
P/S4.6×+0.8×

Profitability

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Gross margin49.7%+1.5pp
Operating margin27.9%+2.2pp
Net margin24.4%+5.0pp
FCF margin20.9%

Returns & leverage

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Return on equity50.4%+0.9pp
Debt / equity0.1×0.0×
Current ratio0.2×0.0×

Where this comes from

Calculated from Royal Caribbean Group’s reported figures.

Based on trailing twelve months.

The official record: Royal Caribbean Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royal Caribbean Group's interest coverage?
Royal Caribbean Group (RCL) reported interest coverage of 5× in Q1 2026.
How has Royal Caribbean Group's interest coverage changed year-over-year?
Royal Caribbean Group's interest coverage increased by 65.3% year-over-year, from 3× to 5×.
What is the long-term trend for Royal Caribbean Group's interest coverage?
Over 5 years (2020 to 2025), Royal Caribbean Group's interest coverage has grown at a -1.9% compound annual growth rate (CAGR), from -5.5× to 4.9×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.