RCL
Royal Caribbean Cruises Ltd.
Stock
$277.74+7.75 (+2.87%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.8B | $6.5B | $5.3B | $4.5B | $481M | −$1.9B | −$3.7B | $3.7B | $3.5B | $2.9B | $2.5B | $1.9B | $1.7B | $1.4B | $1.4B | $1.5B | $1.7B | $845M | $1.1B |
| Capital expenditures | $7.2B | $5.2B | $3.3B | $3.9B | $2.7B | $2.2B | $2.0B | $3.0B | $3.7B | $564M | $2.5B | $1.6B | $1.8B | $764M | $1.3B | $1.2B | $2.2B | $2.5B | $2.2B |
| Free cash flow | −$416M | $1.2B | $2.0B | $580M | −$2.2B | −$4.1B | −$5.7B | $692M | −$181M | $2.3B | $22M | $333M | −$68M | $648M | $90M | $282M | −$524M | −$1.6B | −$1.2B |
| Stock-based compensation | $151M | $175M | $267M | $126M | $36M | $64M | $40M | $76M | $46M | $69M | $33M | $36M | $26M | $21M | $24M | $24M | $28M | $17M | — |
| Buybacks | $2.0B | $1.2B | $0 | $0 | — | $0 | $0 | $100M | $575M | $225M | $300M | $200M | $236M | $0 | $0 | — | — | — | — |
| Dividends paid | $1.2B | $824M | $107M | $0 | $0 | $0 | $326M | $603M | $527M | $437M | $346M | $280M | $199M | $144M | $118M | $22M | — | — | $128M |
| Dividends per share | $5.00 | $3.50 | $0.95 | $0.00 | $0.00 | — | $0.78 | $2.96 | $2.60 | $2.16 | $1.71 | — | — | — | $0.12 | — | — | — | — |
| Free cash flow margin | −2.2% | 6.9% | 12.1% | 4.2% | −25.2% | −268.1% | −257.9% | 6.3% | −1.9% | 26.3% | 0.3% | 4.0% | −0.8% | 8.1% | 1.2% | 3.7% | −7.8% | −27.7% | −17.6% |