Royal Caribbean Cruises Ltd. (RCL) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 1.83B | 1.62B | 1.47B | 1.75B | 1.63B | 1.47B | 897M | 1.57B | 1.33B | 1.12B | 659M | 1.39B |
| Operating CF Margin % | 41.2% | 38.11% | 28.59% | 38.48% | 40.69% | 39.01% | 18.36% | 38.27% | 35.62% | 33.5% | 15.84% | 39.51% |
| Operating CF Growth % | 12.72% | 10.63% | 63.77% | 11% | 22.52% | 31.45% | 36.12% | 13% | 1.37% | 93.55% | 1579.77% | 190.82% |
| Net Income | 942M | 762M | 1.58B | 1.21B | 736M | 559M | 1.11B | 858M | 364M | 278.92M | 1.01B | 463M |
| Depreciation & Amortization | 461M | 453M | 436M | 417M | 412M | 410M | 410M | 393M | 387M | 368.08M | 366M | 361M |
| Stock-Based Compensation | 38M | 39M | 44M | 39M | 53M | 158M | 26M | 38M | 45M | 46.69M | 13M | 40M |
| Deferred Taxes | -1M | 0 | -4M | 5M | -1M | -15M | 10M | 5M | 0 | -5.28M | 3M | 5M |
| Other Non-Cash Items | 36M | 309M | 157M | -110M | -102M | -65M | 251M | 24M | 88M | 5.83M | -7M | -6M |
| Working Capital Changes | 349M | 60M | -743M | 181M | 529M | 420M | -915M | 255M | 444M | 421.75M | -726M | 529M |
| Change in Receivables | -173M | 34M | 17M | 26M | -77M | 65M | 3M | 41M | -57M | -32.2M | -1M | 9M |
| Change in Inventory | -7M | 4M | -21M | 8M | 9M | 0 | -23M | -6M | 12M | -6.49M | -26M | 5M |
| Change in Payables | -8M | 127M | -124M | 2M | 22M | 67M | 35M | -60M | 78M | 61.99M | 32M | -27M |
| Cash from Investing | -529M | -1.48B | -2.39B | -706M | -440M | -641M | -311M | -2.2B | -296M | -2.57B | -328M | -787M |
| Capital Expenditures | -500M | -1.51B | -2.46B | -836M | -428M | -552M | -334M | -2.14B | -242M | -2.57B | -281M | -796M |
| CapEx % of Revenue | 11.23% | 35.38% | 47.83% | 18.42% | 10.7% | 14.68% | 6.84% | 52.07% | 6.49% | 77.09% | 6.75% | 22.59% |
| Acquisitions | 0 | 0 | 62M | -36M | -26M | -20M | -27M | -11M | -9M | -9M | -22M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -5M | 40M | -2M | 175M | 16M | 0 | 17M | -2M | -10M | 11.4M | 22M | 4M |
| Cash from Financing | -1.62B | 254M | 615M | -696M | -1.19B | -852M | -559M | 580M | -1.09B | 1.35B | -457M | -1.1B |
| Debt Issued (Net) | -298M | -10M | 1.23B | -474M | -746M | -737M | -554M | 584M | -1.05B | 1.49B | -457M | -1.08B |
| Equity Issued (Net) | -836M | -504M | -414M | 0 | -241M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -270M | 288M | -204M | -200M | -148M | -107M | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -836M | -504M | -414M | 0 | -241M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -213M | 480M | 3M | -22M | -56M | -8M | -5M | -4M | -40M | -140.35M | 0 | -23M |
| Net Change in Cash | -313M | 393M | -303M | 349M | -2M | -30M | 27M | -46M | -60M | -103.12M | -127M | -501M |
| Free Cash Flow | 1.33B | 116M | -989M | 910M | 1.2B | 915M | 563M | -567M | 1.09B | -1.45B | 378M | 596M |
| FCF Margin % | 29.96% | 2.72% | -19.25% | 20.05% | 29.98% | 24.33% | 11.52% | -13.8% | 29.13% | -43.6% | 9.09% | 16.92% |
| FCF Growth % | 11.26% | -87.32% | -275.67% | 260.49% | 10.41% | 163% | 48.94% | -195.13% | 2.65% | -454.41% | 239.97% | 225.2% |
| FCF per Share | 4.92 | 0.42 | -3.61 | 3.31 | 4.34 | 3.30 | 2.13 | -2.02 | 3.86 | -5.19 | 1.34 | 2.11 |
| FCF Conversion (FCF/Net Income) | 1.95x | 2.15x | 0.93x | 1.44x | 2.23x | 2.66x | 0.81x | 1.84x | 3.69x | 4.03x | 0.65x | 3.03x |
| Interest Paid | 0 | -443M | 0 | 164M | 279M | 212M | 377M | 210M | 411M | 377.97M | 504M | 171M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |