Debt-to-equity of ROYAL CARIBBEAN CRUISES LTD from 30 Jun 2019 to 31 Dec 2025

Taxonomy & unit: ratio: %
Description: Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary: ROYAL CARIBBEAN CRUISES LTD quarterly Debt-to-equity in % history and change rate from 30 Jun 2019 to 31 Dec 2025.
ROYAL CARIBBEAN CRUISES LTD Debt-to-equity for the quarter ending 31 Dec 2025 was 321%, a 31% decline year-over-year.

Debt-to-equity, Quarterly (%)

Debt-to-equity, YoY Quarterly Change (%)

ROYAL CARIBBEAN CRUISES LTD Quarterly Debt-to-equity (%)

Period	Value	YoY Chg	Change %	Date
Q4 2025	321%	-144%	-31%	31 Dec 2025
Q3 2025	338%	-188%	-36%	30 Sep 2025
Q2 2025	371%	-216%	-37%	30 Jun 2025
Q1 2025	417%	-249%	-37%	31 Mar 2025
Q4 2024	465%	-301%	-39%	31 Dec 2024
Q3 2024	527%	-349%	-40%	30 Sep 2024
Q2 2024	586%	-393%	-40%	30 Jun 2024
Q1 2024	666%	-320%	-32%	31 Mar 2024
Q4 2023	766%	-131%	-15%	31 Dec 2023
Q3 2023	876%	+130%	+17%	30 Sep 2023
Q2 2023	980%	+384%	+64%	30 Jun 2023
Q1 2023	986%	+525%	+114%	31 Mar 2023
Q4 2022	896%	+532%	+146%	31 Dec 2022
Q3 2022	746%	+433%	+139%	30 Sep 2022
Q2 2022	596%	+308%	+107%	30 Jun 2022
Q1 2022	462%	+189%	+69%	31 Mar 2022
Q4 2021	365%	+107%	+41%	31 Dec 2021
Q3 2021	312%	+92%	+42%	30 Sep 2021
Q2 2021	288%	+100%	+53%	30 Jun 2021
Q1 2021	273%	+109%	+67%	31 Mar 2021
Q4 2020	258%	+110%	+74%	31 Dec 2020
Q3 2020	220%	+72%	+49%	30 Sep 2020
Q2 2020	188%	+42%	+29%	30 Jun 2020
Q1 2020	164%			31 Mar 2020
Q4 2019	148%			31 Dec 2019
Q3 2019	148%			30 Sep 2019
Q2 2019	146%			30 Jun 2019

* An asterisk sign (*) next to the value indicates that the value is likely invalid.