Royal Caribbean Cruises Ltd (RCL) — Cash Flow Quality Index
Royal Caribbean Cruises Ltd (RCL) has a Cash Flow Quality Index of 1.95x as of March 2026. Operating cash flow of $1.83 Billion exceeds net income of $942.00 Million, indicating high earnings quality where cash backs reported profits. Explore Royal Caribbean Cruises Ltd operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Royal Caribbean Cruises Ltd Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for Royal Caribbean Cruises Ltd across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does Royal Caribbean Cruises Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Royal Caribbean Cruises Ltd (1991–2025)
Year-by-year earnings quality comparison for Royal Caribbean Cruises Ltd. For live market cap and the full company financial profile, see Royal Caribbean Cruises Ltd stock valuation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.51x | $6.46 Billion | $4.29 Billion | ▼ -17.1% |
| 2024 | 1.82x | $5.26 Billion | $2.90 Billion | ▼ -30.8% |
| 2023 | 2.63x | $4.48 Billion | $1.70 Billion | ▲ +34.9% |
| 2019 | 1.95x | $3.72 Billion | $1.91 Billion | ▲ +1.7% |
| 2018 | 1.92x | $3.48 Billion | $1.82 Billion | ▲ +8.3% |
| 2017 | 1.77x | $2.87 Billion | $1.63 Billion | ▼ -9.8% |
| 2016 | 1.96x | $2.52 Billion | $1.28 Billion | ▼ -32.9% |
| 2015 | 2.92x | $1.95 Billion | $665.78 Million | ▲ +28.1% |
| 2014 | 2.28x | $1.74 Billion | $764.15 Million | ▼ -23.4% |
| 2013 | 2.98x | $1.41 Billion | $473.69 Million | ▼ -96.1% |
| 2012 | 75.56x | $1.38 Billion | $18.29 Million | ▲ +3052.7% |
| 2011 | 2.40x | $1.46 Billion | $607.42 Million | ▼ -25.7% |
| 2010 | 3.23x | $1.66 Billion | $515.65 Million | ▼ -38.0% |
| 2009 | 5.20x | $844.88 Million | $162.42 Million | ▲ +178.6% |
| 2008 | 1.87x | $1.07 Billion | $573.72 Million | ▼ -11.2% |
| 2007 | 2.10x | $1.27 Billion | $603.40 Million | ▲ +40.5% |
| 2006 | 1.50x | $948.51 Million | $633.92 Million | ▼ -3.6% |
| 2005 | 1.55x | $1.11 Billion | $715.96 Million | ▼ -31.6% |
| 2004 | 2.27x | $1.08 Billion | $474.69 Million | ▼ -25.8% |
| 2003 | 3.06x | $857.80 Million | $280.66 Million | ▲ +23.3% |
| 2002 | 2.48x | $870.47 Million | $351.28 Million | ▼ -0.5% |
| 2001 | 2.49x | $633.69 Million | $254.46 Million | ▲ +57.7% |
| 2000 | 1.58x | $703.32 Million | $445.36 Million | ▲ +3.9% |
| 1999 | 1.52x | $583.36 Million | $383.85 Million | ▼ -13.5% |
| 1998 | 1.76x | $526.86 Million | $299.74 Million | ▼ -28.1% |
| 1997 | 2.45x | $434.10 Million | $177.50 Million | ▲ +23.2% |
| 1996 | 1.98x | $299.50 Million | $150.90 Million | ▲ +31.7% |
| 1995 | 1.51x | $224.60 Million | $149.00 Million | ▼ -1.4% |
| 1994 | 1.53x | $217.50 Million | $142.30 Million | ▼ -24.9% |
| 1993 | 2.04x | $217.30 Million | $106.70 Million | ▼ -28.5% |
| 1992 | 2.85x | $172.50 Million | $60.60 Million | ▼ -84.4% |
| 1991 | 18.30x | $78.70 Million | $4.30 Million | — |