RCLNEUTRAL

RCL Debt-to-Equity Ratio Analysis

2.23x

Updated 201h ago·SEC filings & market data

Key Takeaway

RCL’s debt-to-equity ratio of 2.23x means the company finances its operations with $2.23 of debt for every $1 of shareholder equity, a common gauge of financial leverage and default risk.

Sector Performance

87th percentile

RCL

2.23x

Sector Median

0.74x

Sector Avg

2.51x

Prior Period

2.15x(Jul 2026)

↓ Declining

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Deep Analysis

RCL’s debt-to-equity ratio of 2.23x means the company finances its operations with $2.23 of debt for every $1 of shareholder equity, a common gauge of financial leverage and default risk.

This is far above the sector median of 0.74x, placing RCL in the 87th percentile among peer companies, so it carries a heavier debt load than most. The year-over-year change is N/A, and the quarter-over-quarter increase is +3.7%, from 2.15x to 2.23x, showing leverage rose in the latest period. With only two data points, the 8-quarter trend direction is N/A, limiting any read on momentum beyond that single quarterly move. A high and rising debt ratio suggests higher interest expense and balance-sheet risk, but also potential for amplified returns if the borrowed funds are deployed productively. This metric supports the overall NEUTRAL verdict because the elevated leverage is a clear risk, yet the move is modest and lacks context from a full-year comparison.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about RCL?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

Who are RCL's closest peers by Debt-to-Equity Ratio?

The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.