Fuel Costs — Total cruise operating expenses
Royal Caribbean Group Fuel Costs — Total cruise operating expenses decreased by 9.6% to $265.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $277.00M to $265.00M. Over 4 years (FY 2021 to FY 2025), Fuel Costs — Total cruise operating expenses shows an upward trend with a 31.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in fuel costs typically signals rising global energy prices or increased fleet utilization, while a decrease may indicate lower fuel prices or improved operational efficiency in fuel consumption.
Detailed definition
This metric represents the total expenditure incurred by the company for marine fuel required to operate its fleet of cr...
Peer comparison
Peers in the cruise and shipping industries report similar line items, often categorized as bunker fuel expenses, which are heavily influenced by global oil benchmarks and fleet-wide energy efficiency initiatives.
rcl_segment_fuel_costs_total_cruise_operating_expensesHistorical Data
| 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 | $59.11M | $118.13M | $166.26M | $188.48M | $275.18M | $316.21M | $292.69M | $301.51M | $275.92M | $272.41M | $300.16M | $304.00M | $282.00M | $290.00M | $284.00M | $277.00M | $279.00M | $297.00M | $293.00M | $265.00M |
| QoQ Change | — | +99.8% | +40.8% | +13.4% | +46.0% | +14.9% | -7.4% | +3.0% | -8.5% | -1.3% | +10.2% | +1.3% | -7.2% | +2.8% | -2.1% | -2.5% | +0.7% | +6.5% | -1.3% | -9.6% |
| YoY Change | — | — | — | — | +365.5% | +167.7% | +76.0% | +60.0% | +0.3% | -13.9% | +2.6% | +0.8% | +2.2% | +6.5% | -5.4% | -8.9% | -1.1% | +2.4% | +3.2% | -4.3% |
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Frequently Asked Questions
- What is Royal Caribbean Group's fuel costs — total cruise operating expenses?
- Royal Caribbean Group (RCL) reported fuel costs — total cruise operating expenses of $265.00M in Q1 2026.
- How has Royal Caribbean Group's fuel costs — total cruise operating expenses changed year-over-year?
- Royal Caribbean Group's fuel costs — total cruise operating expenses decreased by 4.3% year-over-year, from $277.00M to $265.00M.
- What is the long-term trend for Royal Caribbean Group's fuel costs — total cruise operating expenses?
- Over 4 years (2021 to 2025), Royal Caribbean Group's fuel costs — total cruise operating expenses has grown at a 31.3% compound annual growth rate (CAGR), from $385.32M to $1.15B.
- What does fuel costs — total cruise operating expenses mean?
- The total amount of money spent on fuel to power the company's cruise ships.