ROYAL CARIBBEAN CRUISES LTD Cash Flow Breakdown
Cash flow breakdown shows where ROYAL CARIBBEAN CRUISES LTD's cash came from and where it went: from running the business, from investing (buying or selling equipment, companies and investments) and from financing (borrowing, paying back loans, buying back shares, paying dividends). One row per year or quarter. A minus sign means cash went out. Financing is shown line by line: buybacks, dividends, debt paid back, new debt and the rest. All amounts are the filed figures for that period.
- Fiscal year ended 2025-12-31: from running the business, $6.46B came in.
- Fiscal year ended 2025-12-31: from investing, $5.01B went out.
- Fiscal year ended 2025-12-31: from financing, $1.02B went out.
- Fiscal year ended 2025-12-31: change in cash, $437.00M came in.
A minus sign means cash went out. * = worked out from the filed year-to-date figures (hover to see how); greyed = already counted inside another line.
Each year (12 month)
| Fiscal year end | Running the business | From investing | Buybacks | Dividends | Debt paid back | New debt | New shares sold | Other | Not split out | Change in cash |
|---|
| 2025-12-31 | $6.46B | -$5.01B | -$1.16B | -$824.00M | -$3.54B* | $4.67B | | -$52.00M | -$118.00M* | $437.00M |
|---|
| 2024-12-31 | $5.26B | -$3.45B | $0.00 | -$107.00M | -$11.94B* | $10.32B | | -$57.00M | -$133.00M* | -$109.00M |
|---|
| 2023-12-31 | $4.48B | -$3.92B | $0.00 | $0.00 | -$9.65B* | $7.64B | $0.00 | -$3.00M | $15.00M* | -$1.44B |
|---|
| 2022-12-31 | $481.00M | -$2.99B | | $0.00 | -$7.78B* | $9.79B | $0.00 | -$16.00M | -$252.00M* | -$767.00M |
|---|
| 2021-12-31 | -$1.88B | -$2.15B | $0.00 | $0.00 | -$2.43B* | $4.47B | $1.62B | $0.00 | -$617.00M* | -$982.00M |
|---|
| 2020-12-31 | -$3.73B | -$2.18B | $0.00 | -$326.42M | -$3.85B* | $13.55B | $1.43B | -$10.69M | -$1.45B* | $3.44B |
|---|
| 2019-12-31 | $3.72B | -$3.09B | -$99.58M | -$602.67M | -$4.06B* | $3.53B | $0.00 | -$10.52M | $577.08M* | -$44.11M |
|---|
| 2018-12-31 | $3.48B | -$4.49B | -$575.04M | -$527.49M | -$6.96B | $8.59B | $0.00 | -$9.50M | $682.88M* | $167.74M |
|---|
| 2017-12-31 | $2.87B | -$213.59M | -$225.00M | -$437.45M | -$7.84B | $5.87B | $2.52M | $3.84M | -$51.59M* | -$12.49M |
|---|
| 2016-12-31 | $2.52B | -$2.72B | -$299.96M | -$346.49M | -$6.37B | $7.34B | $2.26M | $3.25M | -$88.24M* | $11.04M |
|---|
| 2015-12-31 | $1.95B | -$1.74B | -$200.00M | -$280.21M | -$4.12B | $4.40B | $11.25M | $2.52M | -$68.02M* | -$67.68M |
|---|
| 2014-12-31 | $1.74B | -$1.77B | -$236.07M | -$198.95M | -$3.72B | $4.15B | $70.88M | $2.03M | -$50.14M* | -$15.45M |
|---|
| 2013-12-31 | $1.41B | -$824.54M | $0.00 | -$143.63M | -$2.86B | $2.45B | $30.13M | $1.52M | -$57.62M* | $9.83M |
|---|
| 2012-12-31 | $1.38B | -$1.26B | $0.00 | -$117.71M | -$2.56B | $2.56B | $15.15M | $1.60M | -$75.84M* | -$67.33M |
|---|
| 2011-12-31 | $1.46B | -$924.57M | | -$21.71M | -$2.18B | $1.58B | $19.46M | $10.79M | -$84.38M* | -$157.74M |
|---|
| 2010-12-31 | $1.66B | -$2.29B | | | -$1.60B | $2.42B | $26.16M | $1.59M | -$90.78M* | $135.31M |
|---|
| 2009-12-31 | $844.88M | -$2.27B | | | -$948.47M | $2.32B | $569.00K | $4.10M | -$61.16M* | -$118.26M |
|---|
| 2008-12-31 | $1.07B | -$1.98B | | -$128.04M | -$987.55M | $2.22B | $3.82M | -$4.37M | -$23.87M* | $172.09M |
|---|
Each quarter (3 month)
| Quarter end | Running the business | From investing | Buybacks | Dividends | Debt paid back | New debt | Staff share tax | New shares sold | Other | Not split out | Change in cash |
|---|
| 2026-06-30 | $1.86B* | -$2.67B* | -$199.00M* | -$404.00M* | -$1.11B* | $2.91B* | -$6.00M* | | $67.00M* | -$82.00M* | |
|---|
| 2026-03-31 | $1.83B | -$529.00M | -$836.00M | -$270.00M | -$3.08B | $2.81B | -$185.00M | | -$28.00M | -$21.00M* | -$313.00M |
|---|
| 2025-12-31 | $1.62B* | -$1.48B* | -$504.00M* | -$272.00M* | -$459.00M* | $1.51B* | | | -$2.00M* | -$18.00M* | |
|---|
| 2025-09-30 | $1.47B* | -$2.39B* | -$414.00M* | -$204.00M* | -$1.13B* | $2.43B* | | | -$57.00M* | -$12.00M* | |
|---|
| 2025-06-30 | $1.75B* | -$706.00M* | $0.00* | -$200.00M* | -$724.00M* | $250.00M* | -$2.00M* | | $5.00M* | -$25.00M* | |
|---|
| 2025-03-31 | $1.63B | -$440.00M | -$241.00M | -$148.00M | -$1.22B* | $480.00M | -$60.00M | | $2.00M | -$1.00M* | -$2.00M |
|---|
| 2024-12-31 | $1.47B* | -$641.00M* | $0.00* | -$107.00M* | -$1.68B* | $960.00M* | | | -$8.00M* | -$13.00M* | |
|---|
| 2024-09-30 | $897.00M* | -$311.00M* | $0.00* | $0.00* | -$5.18B* | $4.66B* | | | -$5.00M* | -$33.00M* | |
|---|
| 2024-06-30 | $1.57B* | -$2.20B* | $0.00* | $0.00* | -$1.87B* | $2.52B* | | | -$4.00M* | -$68.00M* | |
|---|
| 2024-03-31 | $1.33B | -$296.00M | $0.00 | $0.00 | -$3.21B* | $2.18B | | | -$40.00M | -$19.00M* | -$60.00M |
|---|
| 2023-12-31 | $1.12B* | -$2.57B* | | | -$4.34B* | $5.83B* | | | -$2.00M* | -$138.00M* | |
|---|
| 2023-09-30 | $659.00M* | -$328.00M* | | | -$1.06B* | $600.00M* | | | $3.00M* | | |
|---|
| 2023-06-30 | $1.39B* | -$787.00M* | | | -$1.58B* | $503.00M* | | | $3.00M* | -$26.00M* | |
|---|
| 2023-03-31 | $1.31B | -$234.00M | | | -$2.66B* | $705.00M | | | -$7.00M | $182.00M* | -$708.00M |
|---|
| 2022-12-31 | $575.74M* | -$116.05M* | | | -$2.64B* | $2.58B* | | $0.00* | $556.00K* | -$29.21M* | |
|---|
| 2022-09-30 | -$44.53M* | -$343.40M* | | | -$3.43B* | $3.38B* | | $0.00* | -$5.51M* | -$88.84M* | |
|---|
| 2022-06-30 | $478.64M* | -$1.08B* | | | -$699.17M* | $1.48B* | | $0.00* | -$207.00K* | -$40.18M* | |
|---|
| 2022-03-31 | -$528.85M | -$1.44B | | | -$1.01B | $2.35B | | $0.00 | -$10.84M | -$93.76M* | -$733.27M |
|---|
| 2021-12-31 | -$205.23M* | -$584.77M* | | $0.00* | -$84.12M* | $323.92M* | | $140.00K* | $5.78M* | -$43.28M* | |
|---|
| 2021-09-30 | -$403.21M* | -$376.56M* | | $0.00* | -$1.03B* | $1.00B* | | $0.00* | $30.35M* | -$183.76M* | |
|---|
| 2021-06-30 | -$460.37M* | -$216.12M* | | $0.00* | -$757.51M* | $650.00M* | | $4.63M* | -$33.40M* | -$28.64M* | |
|---|
| 2021-03-31 | -$809.18M | -$967.56M | | $0.00 | -$427.98M | $2.49B | | $1.62B | -$2.72M | -$496.69M* | $1.41B |
|---|
| 2020-12-31 | -$825.40M* | -$389.87M* | | $0.00* | -$414.89M* | $875.00M* | | $1.43B* | $15.14M* | -$26.60M* | |
|---|
| 2020-09-30 | -$857.43M* | -$197.22M* | | $0.00* | -$5.86M* | $0.00* | | $0.00* | $2.46M* | -$71.05M* | |
|---|
| 2020-06-30 | -$2.25B* | -$250.30M* | | -$162.86M* | -$2.50B* | $5.62B* | | $0.00* | -$11.32M* | -$189.31M* | |
|---|
| 2020-03-31 | $198.71M | -$1.34B | | -$163.56M | -$921.87M | $7.05B | | $0.00 | -$16.96M | -$1.16B* | $3.65B |
|---|
| 2019-12-31 | $609.30M* | -$689.06M* | -$99.58M* | -$163.13M* | -$635.90M* | $445.00M* | | -$1.45M* | $3.17M* | $496.44M* | |
|---|
| 2019-09-30 | $911.54M* | -$502.94M* | $0.00* | -$146.35M* | -$415.45M* | $331.00M* | | $1.19M* | $2.25M* | -$138.66M* | |
|---|
| 2019-06-30 | $1.12B* | -$1.45B* | $0.00* | -$146.38M* | -$1.86B* | $2.43B* | | $24.00K* | $262.00K* | -$105.66M* | |
|---|
| 2019-03-31 | $1.08B | -$450.45M | $0.00 | -$146.82M | -$1.15B | $316.81M | | $241.00K | -$16.19M | $324.95M* | -$39.66M |
|---|
| 2018-12-31 | $732.15M* | -$1.13B* | $0.00* | -$146.03M* | -$1.13B* | $1.96B* | | -$4.21M* | $5.36M* | -$257.34M* | $33.03M* |
|---|
| 2018-09-30 | $815.40M* | -$1.22B* | -$205.56M* | -$126.82M* | -$2.80B* | $2.70B* | | $144.00K* | $1.97M* | $988.75M* | $145.82M* |
|---|
| 2018-06-30 | $1.01B* | -$495.84M* | -$94.44M* | -$126.81M* | -$1.64B* | $1.38B* | | $199.00K* | -$18.52M* | -$7.19M* | -$2.25M* |
|---|
| 2018-03-31 | $924.12M | -$1.65B | -$275.04M | -$127.84M | -$1.39B | $2.54B | | $3.86M | $1.70M | -$41.34M* | -$8.87M |
|---|
| 2017-12-31 | $419.96M* | -$135.58M* | -$100.00M* | -$128.29M* | -$2.24B* | $2.18B* | | $26.00K* | -$294.00K* | -$25.60M* | -$19.84M* |
|---|
| 2017-09-30 | $795.32M* | -$85.68M* | -$125.00M* | -$103.12M* | -$1.91B* | $1.45B* | | $114.00K* | $1.51M* | -$11.41M* | $9.47M* |
|---|
| 2017-06-30 | $862.75M* | -$115.93M* | $0.00* | -$103.10M* | -$1.85B* | $1.23B* | | $285.00K* | $1.39M* | -$4.19M* | $21.17M* |
|---|
| 2017-03-31 | $796.53M | $123.60M | $0.00 | -$102.94M | -$1.84B | $1.01B | | $2.10M | $1.23M | -$10.38M* | -$23.29M |
|---|
| 2016-12-31 | $515.74M* | -$207.33M* | -$1.00K* | -$102.93M* | -$1.55B* | $1.30B* | | $476.00K* | $1.07M* | -$4.45M* | -$45.83M* |
|---|
| 2016-09-30 | $730.04M* | -$305.11M* | -$49.91M* | $0.00* | -$1.08B* | $738.00M* | | $270.00K* | $870.00K* | -$13.39M* | -$11.26M* |
|---|
| 2016-06-30 | $793.02M* | -$1.98B* | -$50.01M* | -$80.67M* | -$2.36B* | $3.78B* | | $167.00K* | $650.00K* | -$47.84M* | $72.33M* |
|---|
| 2016-03-31 | $477.90M | -$236.75M | -$200.04M | -$162.89M | -$1.38B | $1.52B | | $1.34M | $659.00K | -$22.57M* | -$4.21M |
|---|
| 2015-12-31 | $338.43M* | -$273.27M* | -$200.00M* | -$82.49M* | -$1.23B* | $1.44B* | | $4.35M* | $742.00K* | -$10.87M* | -$25.85M* |
|---|
| 2015-09-30 | $567.59M* | -$253.14M* | $0.00* | $0.00* | -$895.00M* | $586.50M* | | $1.83M* | $622.00K* | -$15.97M* | -$11.94M* |
|---|
| 2015-06-30 | $613.92M* | -$817.00M* | $0.00* | -$65.97M* | -$1.41B* | $1.63B* | | $452.00K* | $569.00K* | -$24.68M* | -$70.34M* |
|---|
| 2015-03-31 | $426.43M | -$399.58M | $0.00 | -$131.75M | -$587.11M | $749.80M | | $4.62M | $587.00K | -$16.49M* | $40.46M |
|---|
| 2014-12-31 | $284.19M* | -$1.43B* | | -$67.09M* | -$765.79M* | $2.24B* | | $4.99M* | $604.00K* | -$259.41M* | $6.06M* |
|---|
| 2014-09-30 | $578.63M* | -$18.97M* | | $0.00* | -$624.03M* | $71.35M* | | $10.95M* | $481.00K* | -$16.01M* | -$2.08M* |
|---|
| 2014-06-30 | $565.14M* | -$128.47M* | | -$55.59M* | -$696.25M* | $286.20M* | | $8.31M* | $860.00K* | -$10.99M* | -$31.25M* |
|---|
| 2014-03-31 | $315.79M | -$197.37M | | -$76.26M | -$1.64B | $1.56B | | $46.63M | $81.00K | | $11.82M |
|---|
| 2013-12-31 | $181.96M* | -$246.13M* | | -$89.47M* | -$790.52M* | $930.00M* | | $16.50M* | $377.00K* | -$5.90M* | -$4.88M* |
|---|
| 2013-09-30 | $557.32M* | -$133.50M* | | -$61.00K* | -$395.72M* | $0.00* | | $6.71M* | $398.00K* | -$31.17M* | $4.39M* |
|---|
| 2013-06-30 | $431.53M* | -$251.39M* | | -$26.36M* | -$1.56B* | $1.40B* | | $3.58M* | $365.00K* | -$5.04M* | -$10.71M* |
|---|
| 2013-03-31 | $241.26M | -$193.51M | | -$27.73M | -$106.14M | $120.00M | | $3.34M | $377.00K | -$15.52M* | $21.03M |
|---|
| 2012-12-31 | $209.48M* | -$880.00M* | | -$52.41M* | -$953.37M* | $1.64B* | | $11.44M* | $371.00K* | -$27.65M* | -$46.38M* |
|---|
| 2012-09-30 | $588.74M* | -$70.15M* | | $0.00* | -$1.03B* | $570.00M* | | $1.94M* | $454.00K* | -$26.46M* | $29.03M* |
|---|
| 2012-06-30 | $368.30M* | -$154.73M* | | -$21.79M* | -$443.77M* | $200.00M* | | $211.00K* | $350.00K* | -$5.47M* | -$65.32M* |
|---|
| 2012-03-31 | $215.22M | -$158.44M | | -$43.51M | -$131.81M | $145.00M | | $1.56M | $424.00K | -$16.26M* | $15.35M |
|---|
| 2011-12-31 | $183.02M* | -$149.33M* | | $0.00* | -$392.63M* | $170.00M* | | $516.00K* | $375.00K* | -$3.76M* | -$189.27M* |
|---|
| 2011-09-30 | $505.98M* | -$821.20M* | | | -$409.61M* | $705.93M* | | $1.02M* | $9.71M* | -$73.73M* | -$100.00M* |
|---|
| 2011-06-30 | $481.32M* | -$171.79M* | | | -$432.53M* | $216.94M* | | $664.00K* | $366.00K* | -$17.09M* | $81.20M* |
|---|
| 2011-03-31 | $285.42M | $217.75M | | | -$944.27M | $485.50M | | $17.26M | $339.00K | -$11.50M* | $50.33M |
|---|
| 2010-12-31 | $227.11M* | -$1.35B* | | | -$222.17M* | $1.34B* | | $14.36M* | $439.00K* | -$33.54M* | -$22.00M* |
|---|
| 2010-09-30 | $425.00M* | -$76.48M* | | | -$209.17M* | $0.00* | | $425.00K* | $400.00K* | -$20.31M* | $123.11M* |
|---|
| 2010-06-30 | $597.98M* | -$694.20M* | | | -$790.33M* | $946.04M* | | $2.78M* | $347.00K* | -$20.87M* | $40.72M* |
|---|
| 2010-03-31 | $412.92M | -$168.73M | | | -$378.60M | $135.03M | | $8.60M | $401.00K | -$16.06M* | -$6.51M |
|---|
| 2009-12-31 | $181.10M* | -$1.34B* | | | -$144.11M* | $1.32B* | | $279.00K* | $276.00K* | -$25.34M* | -$1.24M* |
|---|
| 2009-09-30 | $320.92M* | -$767.06M* | | | -$476.71M* | $916.65M* | | | $3.11M* | -$20.07M* | -$23.89M* |
|---|
| 2009-06-30 | $228.95M* | -$110.53M* | | | -$326.15M* | $75.00M* | | | $1.29M* | -$15.35M* | -$146.13M* |
|---|
| 2009-03-31 | $113.91M | -$60.40M | | | -$1.50M | $813.00K | | | -$567.00K | | $53.01M |
|---|