RCL (Royal Caribbean Group) Interest Expense: $-1,021 Mil (TTM As of Mar. 2026)


RCL Royal Caribbean Group RCL
83 GF Score
Price $317.53
GF Value $247.23
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Royal Caribbean Group Interest Expense?

Royal Caribbean Group RCL -1.22% 83 Interest Expense is $-1,021 Mil as of Mar. 2026. GuruFocus rates RCL with a GF Score™ of 83/100 and a GF Value™ of $247.23 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Royal Caribbean Group's interest expense for the three months ended in Mar. 2026 was $ -278 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,021 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Royal Caribbean Group's Operating Income for the three months ended in Mar. 2026 was $ 1,162 Mil. Royal Caribbean Group's Interest Expense for the three months ended in Mar. 2026 was $ -278 Mil. Royal Caribbean Group's Interest Coverage for the quarter that ended in Mar. 2026 was 4.18. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Royal Caribbean Group  (NYSE:RCL) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Royal Caribbean Group's Interest Expense for the three months ended in Mar. 2026 was $-278 Mil. Its Operating Income for the three months ended in Mar. 2026 was $1,162 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $20,265 Mil.

Royal Caribbean Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1162/-278
=4.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Royal Caribbean Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Royal Caribbean Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Caribbean Group Interest Expense Chart

Royal Caribbean Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,292.00 -1,364.00 -1,402.00 -1,590.00 -992.00

Royal Caribbean Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -249.00 -228.00 -248.00 -267.00 -278.00
RCL
83GF Score
Royal Caribbean Group RCL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Caribbean Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,021 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1,021 Mil mean?
Royal Caribbean Group (RCL) has a Interest Expense of $-1,021 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Royal Caribbean Group and its competitors.
Is Royal Caribbean Group's Interest Expense too high?
Royal Caribbean Group's current Interest Expense is $-1,021 Mil. Overall, Royal Caribbean Group has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Interest Expense compare to ABNB and VIK?
Royal Caribbean Group's Interest Expense of $-1,021 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Royal Caribbean Group and its competitors. Royal Caribbean Group's current Interest Expense is $-1,021 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Caribbean Group stock overvalued right now?
Based on GuruFocus' analysis, Royal Caribbean Group (RCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $247.23, compared to a current price of $317.53 — trading 28.4% above its estimated fair value. The current Interest Expense is $-1,021 Mil. Royal Caribbean Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Royal Caribbean Group (RCL), the current Interest Expense is $-1,021 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Caribbean Group (RCL) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of $317.53 is trading 28.4% above its estimated GF Value™ of $247.23. GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.

Key valuation signals for RCL:

  • Interest Expense: $-1,021 Mil
  • GF Value™: $247.23 vs. price of $317.53 (28.4% above fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the RCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Royal Caribbean Group Business Description

Address 1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company by revenues, operating 69 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021, plans to launch its new Celebrity River Cruise brand in 2027, and is set to operate eight private destination locations by 2028.
83GF Score

Get the complete analysis for RCL

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$317.53
Price
$247.23
GF Value