RCL FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
RCL's fcf yield is lower than 65% of the last 10 years.
FCF Yield History
RCL FCF Yield by year
Yearly range of RCL’s fcf yield from 2016 to 2026. Over the full period it ranged from -49.2% to 14.8%, averaging -5.5%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -0.6% | 1.1% | 2.1% | -0.6% |
| 2025 | 1.6% | 3.2% | 4.3% | 1.6% |
| 2024 | -1.4% | 0.3% | 3.1% | 3.1% |
| 2023 | -17.9% | 1.5% | 10.8% | 6.7% |
| 2022 | -49.2% | -28.4% | -18.3% | -27.1% |
| 2021 | -39.0% | -27.1% | -18.5% | -21.0% |
| 2020 | -40.0% | -16.0% | 14.8% | -34.0% |
| 2019 | -0.9% | 1.9% | 5.1% | 2.5% |
| 2018 | -0.9% | 4.1% | 9.2% | -0.9% |
| 2017 | 0.1% | 5.0% | 9.4% | 9.3% |
| 2016 | -2.4% | -1.5% | -1.2% | -1.3% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is RCL FCF Yield High or Low Right Now?
Royal Caribbean Cruises Ltd.'s FCF Yield is currently -0.6%, which is below average relative to its 10-year historical range. The 10-year median FCF Yield for RCL is approximately 0.9%. See all RCL valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.