Royal Caribbean Cruises Ltd
Close on Nov 2, 2026Market cap $85.87BP/E 19.8Yield 1.09%
Royal Caribbean Cruises TUI Cruises GmbH (50% JV) by Year
TUI Cruises GmbH (50% JV) — RCL Investment Carrying Value ($M) ($M)
Royal Caribbean Cruises TUI Cruises GmbH (50% JV): $990M in 2025, up 21.6% from a year earlier.
Where the 2025 figure comes from
“As of December 31, 2025, the net book value of our investment in TUIC was $ 990 million, primarily consisting of equity. As of December 31, 2024 , the net book value of our investment in TUIC was $ 814 million, primarily consisting of $ 749”
Source: Royal Caribbean Form 10-K (FY2025) ↗
Reported in Form 10-K & Form 10-Q Other Assets Note (FY2019–FY2026Q3).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | TUI Cruises GmbH (50% JV) — RCL Investment Carrying Value ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 990 | +21.6% | Royal Caribbean Form 10-K (FY2025) ↗ |
| 2024 | Dec 31, 2024 | 814 | +23.9% | Royal Caribbean Form 10-K (FY2025) ↗ |
| 2023 | Dec 31, 2023 | 657 | +41.0% | Royal Caribbean Form 10-K (FY2024) ↗ |
| 2022 | Dec 31, 2022 | 466 | +4.9% | Royal Caribbean Form 10-K (FY2023) ↗ |
| 2021 | Dec 31, 2021 | 444 | -17.5% | Royal Caribbean Form 10-K (FY2022) ↗ |
| 2020 | Dec 31, 2020 | 538 | -10.0% | Royal Caribbean Form 10-K (FY2021) ↗ |
| 2019 | Dec 31, 2019 | 598 | – | Royal Caribbean Form 10-K (FY2020) ↗ |
Breakdown
What makes up TUI Cruises GmbH (50% JV)
Cite this data
StockData. (2026). Royal Caribbean Cruises TUI Cruises GmbH (50% JV) ($M), annual 2019–2025 [Data set]. Compiled from Royal Caribbean Cruises SEC filings and investor materials. https://stockdatahq.com/stocks/rcl/kpis/jv-tuic-book-value
See every metric in the Royal Caribbean Cruises KPI table. Data updated Oct 28, 2026.