Equity

Retained Earnings

Royal Caribbean Group Retained Earnings increased by 9.0% to $6.46B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 105.8%, from $3.14B to $6.46B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows relatively stable performance with a 1.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

Consistent growth in retained earnings signals a profitable business model that can sustain itself without constant external capital raises.

Detailed definition

The cumulative amount of net income that has been reinvested in the business rather than distributed to shareholders as...

Peer comparison

Mature, highly profitable companies like Apple may actually see this decrease if they return more cash to shareholders via buybacks than they earn in net income.

Metric ID: retained_earnings

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.08B$1.66B$302.28M-$718.61M-$1.24B-$1.21B-$1.71B-$1.76B-$1.30B-$287.50M-$10.00M$350.00M$1.20B$2.21B$2.61B$3.14B$4.14B$5.44B$5.93B$6.46B
QoQ Change-46.2%-81.8%-337.7%-72.6%+2.7%-41.4%-2.8%+26.1%+77.8%+96.5%>999%+244.0%+83.3%+18.4%+20.2%+32.0%+31.3%+8.9%+9.0%
YoY Change-140.2%-172.8%-664.9%-144.3%-4.5%+76.2%+99.4%+119.9%+192.9%+867.6%>999%+796.9%+244.2%+146.6%+126.8%+105.8%
Range-$1.76B$6.46B
CAGR+16.8%
Avg YoY Growth>999%
Median YoY Growth+112.9%
Current Streak12 quarters growth

Retained Earnings at Other Companies

Frequently Asked Questions

What is Royal Caribbean Group's retained earnings?
Royal Caribbean Group (RCL) reported retained earnings of $6.46B in Q1 2026.
How has Royal Caribbean Group's retained earnings changed year-over-year?
Royal Caribbean Group's retained earnings increased by 105.8% year-over-year, from $3.14B to $6.46B.
What is the long-term trend for Royal Caribbean Group's retained earnings?
Over 5 years (2020 to 2025), Royal Caribbean Group's retained earnings has grown at a 1.3% compound annual growth rate (CAGR), from $5.56B to $5.93B.
What does retained earnings mean?
The total profits the company has kept and reinvested since it started, after paying out any dividends.