Royal Caribbean Cruises price to free cash flow RCL

Market value divided by free cash flow over the last twelve months, since 2013.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 57.4×; Jul 2026
9-year median: 34.6×
9-year range: 7.2× to 81.7×
Peer median: 11.7×

Royal Caribbean Cruises' price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Jul 2026, at 57.4×.

On the days it had one over the last 9 years, its median was 34.6×, from 7.2× in Mar 2020 to 81.7× in Jan 2020.

Price to free cash flow over time

median 34.6×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	57.4×	37.0×	70.0×
2025	38.3×	22.7×	45.4×
2024	71.2×	12.2×	71.2×
2023	13.6×	8.7×	36.8×
2022	n/m a value too high to mean anything
2021	n/m a value too high to mean anything
2020	11.3×	7.2×	81.7×
2019	80.7×	18.9×	80.7×
2018	41.7×	10.3×	49.1×
2017	10.6×	10.6×	52.8×
2016	35.5×	33.5×	53.5×
2015	19.9×	19.7×	22.1×
2014	21.5×	14.1×	265×
2013	239×	61.4×	239×

Against its peers

Companies in Travel Services nearest Royal Caribbean Cruises' size, closest first, today.

Company	Price to free cash flow
RCLRoyal Caribbean Cruises	n/m
ABNBAirbnb	n/m
BKNGBooking	12.3×
CCLCarnival	11.1×
EXPEExpedia	7.8×
ROLRollins	27.1×
Peer median	11.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Royal Caribbean Cruises

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.