What is Royal Caribbean Cruises Ltd.'s average annual return?

Since 1994, Royal Caribbean Cruises Ltd. (RCL) has returned about 12.5% a year (the compound annual growth rate) and an average calendar-year return of 23.6%.

What were Royal Caribbean Cruises Ltd.'s best and worst years?

Over 1994–2026, the best year was 2023 (+162.0%) and the worst was 2008 (-67.1%).

How often is Royal Caribbean Cruises Ltd. up in a year?

21 of the 32 full years since 1994 were positive — about 66% of the time.

RCL

Royal Caribbean Cruises Ltd.Stock · Consumer Discretionary

$296.30−$10.00 (-3.26%)as of market close, Jul 2, 2026

CompareTSLAAMZNHDAZOBKNGACN

RCL returns by year

Royal Caribbean Cruises Ltd. has returned +12.5% annually (CAGR) since 1994. Calendar-year, monthly and weekly total returns for Royal Caribbean Cruises Ltd. (RCL) below, through July 2, 2026 — the most recent year is year-to-date.

Annualized (CAGR)

+12.5%

1994–2026

Average year

+23.6%

32 full years

Best year

+162.0%

2023

Worst year

-67.1%

2008

Positive years

21/32

66% up

Royal Caribbean Cruises Ltd. returns by year (1994–2026)#

Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return).

Royal Caribbean Cruises Ltd. annual returns by year
Year	Start price	End price	Dividend	Total return
2026YTD	$278.92	$296.30	+1.1%	+7.3%
2025	$230.69	$278.92	+1.5%	+22.5%
2024	$129.49	$230.69	+0.8%	+79.0%
2023	$49.43	$129.49	+0.0%	+162.0%
2022	$76.90	$49.43	+0.0%	-35.7%
2021	$74.69	$76.90	+0.0%	+3.0%
2020	$133.51	$74.69	+0.5%	-43.5%
2019	$97.79	$133.51	+3.4%	+39.9%
2018	$119.28	$97.79	+1.9%	-16.1%
2017	$82.04	$119.28	+2.8%	+48.2%
2016	$101.21	$82.04	+1.8%	-17.1%
2015	$82.43	$101.21	+1.9%	+24.7%
2014	$47.42	$82.43	+3.1%	+76.9%
2013	$34.00	$47.42	+2.6%	+42.1%
2012	$24.77	$34.00	+2.1%	+39.3%
2011	$47.00	$24.77	+0.4%	-46.9%
2010	$25.28	$47.00	+0.0%	+85.9%
2009	$13.75	$25.28	+0.0%	+83.9%
2008	$42.44	$13.75	+0.5%	-67.1%
2007	$41.38	$42.44	+1.5%	+4.1%
2006	$45.06	$41.38	+1.1%	-7.1%
2005	$54.44	$45.06	+1.0%	-16.2%
2004	$34.79	$54.44	+1.9%	+58.3%
2003	$16.70	$34.79	+5.1%	+113.4%
2002	$16.20	$16.70	+2.8%	+5.9%
2001	$26.45	$16.20	+1.5%	-37.2%
2000	$49.31	$26.45	+1.0%	-45.3%
1999	$37.00	$49.31	+1.3%	+34.6%
1998	$26.66	$37.00	+1.5%	+40.3%
1997	$11.69	$26.66	+3.5%	+131.6%
1996	$11.00	$11.69	+2.2%	+8.5%
1995	$14.25	$11.00	+1.2%	-21.6%
1994	$13.38	$14.25	+0.0%	+6.5%

Total return by period

-150%-100%-50%+0%+50%+100%+150%

'94'97'00'03'06'09'12'15'18'21'24

Methodology#

Returns are total returns (dividends reinvested), computed from RCL's split- and dividend-adjusted closes. The bar chart switches between annual and monthly periods. Annualized return is the compound annual growth rate over the full period. The current year is year-to-date. See also the periodic table of returns. Past performance does not predict future returns; not investment advice.

See also: S&P 500 · Nasdaq-100 · Dow Jones · Russell 2000 · US Bond Market · Gold · Silver · Bitcoin · Ethereum

FAQ

What is Royal Caribbean Cruises Ltd.'s average annual return?: Since 1994, Royal Caribbean Cruises Ltd. (RCL) has returned about 12.5% a year (the compound annual growth rate) and an average calendar-year return of 23.6%.
What were Royal Caribbean Cruises Ltd.'s best and worst years?: Over 1994–2026, the best year was 2023 (+162.0%) and the worst was 2008 (-67.1%).
How often is Royal Caribbean Cruises Ltd. up in a year?: 21 of the 32 full years since 1994 were positive — about 66% of the time.