← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

CCL logoCarnival Corporation & plc(CCL)Earnings, Financials & Key Ratios

CCL•NYSE
$27.52
$34.03B mkt cap·13.6× P/E·Price updated May 6, 2026
SectorConsumer CyclicalIndustryLeisureSub-IndustryCruise Lines and Voyages
AboutCarnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. The company operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. It operates 87 ships with 223,000 lower berths. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.Show more
  • Revenue$26.62B+6.4%
  • EBITDA$7.27B+18.6%
  • Net Income$2.76B+44.1%
  • EPS (Diluted)2.02+40.3%
  • Gross Margin29.62%-21.0%
  • EBITDA Margin27.32%+11.5%
  • Operating Margin16.84%+17.9%
  • Net Margin10.37%+35.4%
  • ROE25.63%+7.9%
  • ROIC8.93%+22.1%
  • Debt/Equity2.28-27.0%
  • Interest Coverage3.32+63.2%
Analysis→Technical→

CCL Key Insights

Carnival Corporation & plc (CCL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 36.6%
  • ✓Good 3Y average ROE of 16.1%

✗Weaknesses

  • ✗High debt to equity ratio of 2.3x

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CCL Price & Volume

Carnival Corporation & plc (CCL) stock price & volume — 10-year historical chart

Loading chart...

CCL Growth Metrics

Carnival Corporation & plc (CCL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.41%
5 Years36.62%
3 Years29.82%
TTM6.39%

Profit CAGR

10 Years4.62%
5 Years-
3 Years-
TTM44.1%

EPS CAGR

10 Years-1.12%
5 Years-
3 Years-
TTM50.14%

Return on Capital

10 Years1.58%
5 Years-0.06%
3 Years8.76%
Last Year11.79%

CCL Recent Earnings

Carnival Corporation & plc (CCL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Mar 27, 2026
EPS
$0.20
Est $0.18
+8.5%
Revenue
$6.2B
Est $6.1B
+0.4%
Q1 2026
Jan 27, 2026
EPS
$0.30
Est $0.18
+62.7%
Revenue
$6.3B
Est $6.1B
+3.1%
Q4 2025
Sep 29, 2025
EPS
$1.43
Est $1.32
+8.3%
Revenue
$8.2B
Est $8.1B
+0.6%
Q3 2025
Jun 24, 2025
EPS
$0.35
Est $0.25
+41.9%
Revenue
$6.3B
Est $6.2B
+2.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 27, 2026
$0.20vs $0.18+8.5%
$6.2Bvs $6.1B+0.4%
Q1 2026Jan 27, 2026
$0.30vs $0.18+62.7%
$6.3Bvs $6.1B+3.1%
Q4 2025Sep 29, 2025
$1.43vs $1.32+8.3%
$8.2Bvs $8.1B+0.6%
Q3 2025Jun 24, 2025
$0.35vs $0.25+41.9%
$6.3Bvs $6.2B+2.0%
Based on last 12 quarters of dataView full earnings history →

CCL Peer Comparison

Carnival Corporation & plc (CCL) competitors in Cruise Lines and Voyages — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
RCL logoRCLRoyal Caribbean Cruises Ltd.Direct Competitor77.66B287.0818.398.8%24.39%44.93%2.21
NCLH logoNCLHNorwegian Cruise Line Holdings Ltd.Direct Competitor8.15B17.7519.723.67%5.66%27.04%6.61
VIK logoVIKViking Holdings LtdDirect Competitor27.18B86.0533.4821.89%17.65%237.14%5.12
MAR logoMARMarriott International, Inc.Product Competitor95.15B359.0637.844.33%11.89%
HLT logoHLTHilton Worldwide Holdings Inc.Product Competitor73.19B321.5152.537.74%12.56%
H logoHHyatt Hotels CorporationProduct Competitor16.18B169.37-313.65116.96%-0.55%-0.91%1.31
VAC logoVACMarriott Vacations Worldwide CorporationProduct Competitor2.68B78.26-8.861.31%-7.37%-15.31%2.89
TNL logoTNLTravel + Leisure Co.Product Competitor4.06B64.9818.894.06%5.85%

Compare CCL vs Peers

Carnival Corporation & plc (CCL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RCL

Most directly comparable listed peer for CCL.

Scale Benchmark

vs CAT

Larger-name benchmark to compare CCL against a more recognizable public peer.

Peer Set

Compare Top 5

vs RCL, NCLH, VIK, MAR

CCL Income Statement

Carnival Corporation & plc (CCL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemNov'17Nov'18Nov'19Nov'20Nov'21Nov'22Nov'23Nov'24Nov'25
Sales/Revenue17.51B18.88B20.82B5.59B1.91B12.17B21.59B25.02B26.62B
Revenue Growth %6.84%7.82%10.3%-73.14%-65.89%537.79%77.44%15.88%6.4%
Cost of Goods Sold10.5B11.09B12.91B8.24B4.66B11.76B14.32B15.64B18.74B
COGS % of Revenue59.97%58.73%61.99%147.39%243.97%96.61%66.3%62.5%70.38%
Gross Profit
7.01B▲ 0%
7.79B▲ 11.2%
7.92B▲ 1.6%
-2.65B▼ 133.5%
-2.75B▼ 3.6%
412M▲ 115.0%
7.28B▲ 1666.0%
9.38B▲ 29.0%
7.88B▼ 16.0%
Gross Margin %40.03%41.27%38.01%-47.39%-143.97%3.39%33.7%37.5%29.62%
Gross Profit Growth %0.04%11.16%1.6%-133.49%-3.62%115%1666.02%28.96%-15.96%
Operating Expenses4.2B4.47B4.64B6.21B4.34B4.79B5.32B5.81B3.4B
OpEx % of Revenue23.99%23.65%22.28%111.08%227.57%39.37%24.64%23.22%12.78%
Selling, General & Admin2.27B2.45B2.48B1.88B1.89B2.52B2.95B3.25B3.4B
SG&A % of Revenue12.94%12.98%11.91%33.57%98.79%20.67%13.66%13%12.78%
Research & Development000000000
R&D % of Revenue---------
Other Operating Expenses1.94B2.02B2.16B4.34B2.46B2.28B2.37B2.56B0
Operating Income
2.81B▲ 0%
3.33B▲ 18.4%
3.28B▼ 1.5%
-8.87B▼ 370.6%
-7.09B▲ 20.0%
-4.38B▲ 38.2%
1.96B▲ 144.7%
3.57B▲ 82.7%
4.48B▲ 25.4%
Operating Margin %16.04%17.61%15.73%-158.47%-371.54%-35.98%9.06%14.28%16.84%
Operating Income Growth %-8.53%18.37%-1.47%-370.6%20.03%38.23%144.67%82.72%25.43%
EBITDA4.66B5.34B5.44B-6.62B-4.86B-2.1B4.33B6.13B7.27B
EBITDA Margin %26.58%28.29%26.1%-118.41%-254.51%-17.29%20.03%24.5%27.32%
EBITDA Growth %-3.2%14.76%1.76%-221.85%26.69%56.67%305.61%41.72%18.63%
D&A (Non-Cash Add-back)1.85B2.02B2.16B2.24B2.23B2.27B2.37B2.56B2.79B
EBIT2.86B3.4B3.27B-9.36B-7.92B-4.47B2B3.67B4.12B
Net Interest Income-189M-180M-183M-877M-1.59B-1.53B-1.83B-1.66B-1.3B
Interest Income9M14M23M18M12M74M233M93M51M
Interest Expense198M194M206M895M1.6B1.61B2.07B1.75B1.35B
Other Income/Expense-143M-118M-216M-1.39B-2.43B-1.7B-2.02B-1.66B-1.71B
Pretax Income
2.67B▲ 0%
3.21B▲ 20.3%
3.06B▼ 4.6%
-10.25B▼ 435.1%
-9.52B▲ 7.1%
-6.08B▲ 36.1%
-62M▲ 99.0%
1.92B▲ 3188.7%
2.77B▲ 44.8%
Pretax Margin %15.23%16.99%14.69%-183.29%-499.06%-49.96%-0.29%7.65%10.41%
Income Tax60M54M71M-17M-21M14M13M-1M12M
Effective Tax Rate %2.25%1.68%2.32%0.17%0.22%-0.23%-20.97%-0.05%0.43%
Net Income
2.61B▲ 0%
3.15B▲ 21.0%
2.99B▼ 5.1%
-10.24B▼ 442.3%
-9.5B▲ 7.2%
-6.09B▲ 35.9%
-74M▲ 98.8%
1.92B▲ 2689.2%
2.76B▲ 44.1%
Net Margin %14.88%16.69%14.36%-182.98%-497.96%-50.07%-0.34%7.66%10.37%
Net Income Growth %-6.23%20.95%-5.14%-442.34%7.18%35.87%98.79%2689.19%44.05%
Net Income (Continuing)2.61B3.15B2.99B-10.24B-9.5B-6.09B-75M1.92B2.76B
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
3.59▲ 0%
4.44▲ 23.7%
4.32▼ 2.7%
-13.20▼ 405.6%
-8.46▲ 35.9%
-5.16▲ 39.0%
-0.06▲ 98.9%
1.44▲ 2557.3%
2.02▲ 40.3%
EPS Growth %-3.49%23.68%-2.7%-405.56%35.91%39.01%98.86%2557.34%40.28%
EPS (Basic)3.614.454.34-13.20-8.46-5.16-0.061.502.10
Diluted Shares Outstanding725M710M692M775M1.12B1.18B1.26B1.4B1.4B
Basic Shares Outstanding723M709M690M775M1.12B1.18B1.26B1.27B1.31B
Dividend Payout Ratio41.71%42.99%46.39%------

CCL Balance Sheet

Carnival Corporation & plc (CCL) balance sheet — assets, liabilities & shareholders' equity

Line itemNov'17Nov'18Nov'19Nov'20Nov'21Nov'22Nov'23Nov'24Nov'25
Total Current Assets1.6B2.23B2.06B10.56B10.13B7.49B5.27B3.38B4.22B
Cash & Short-Term Investments395M982M518M9.51B9.14B4.03B2.42B1.21B1.93B
Cash Only395M982M518M9.51B8.94B4.03B2.42B1.21B1.93B
Short-Term Investments0000200M0000
Accounts Receivable312M358M444M273M246M395M556M590M678M
Days Sales Outstanding6.56.927.7817.8147.0611.859.48.619.3
Inventory387M450M427M335M356M428M528M507M505M
Days Inventory Outstanding13.4514.8112.0714.8327.9113.2913.4611.839.84
Other Current Assets0-1M-1M-1M13M1.99B1.77B1.07B1.11B
Total Non-Current Assets39.18B40.17B43B43.03B43.21B44.21B43.85B45.68B47.47B
Property, Plant & Equipment34.43B35.34B38.13B39.44B39.44B39.96B41.38B43.16B44.82B
Fixed Asset Turnover0.51x0.53x0.55x0.14x0.05x0.30x0.52x0.58x0.59x
Goodwill2.97B2.92B2.91B807M579M579M579M579M579M
Intangible Assets1.2B1.18B1.17B1.19B1.18B1.16B1.17B1.16B1.18B
Long-Term Investments0244M204M289M01M149M184M221M
Other Non-Current Assets585M494M579M1.3B2.01B2.51B576M591M669M
Total Assets
40.78B▲ 0%
42.4B▲ 4.0%
45.06B▲ 6.3%
53.59B▲ 18.9%
53.34B▼ 0.5%
51.7B▼ 3.1%
49.12B▼ 5.0%
49.06B▼ 0.1%
51.69B▲ 5.4%
Asset Turnover0.43x0.45x0.46x0.10x0.04x0.24x0.44x0.51x0.52x
Asset Growth %4.73%3.98%6.27%18.94%-0.46%-3.08%-5%-0.13%5.36%
Total Current Liabilities8.8B9.2B9.13B8.69B10.41B10.61B11.48B11.62B13.09B
Accounts Payable762M730M756M624M797M1.05B1.17B1.13B1.25B
Days Payables Outstanding26.4924.0321.3827.6262.4932.629.7826.4424.25
Short-Term Debt2.2B2.43B1.83B4.83B4.72B2.59B2.09B1.54B2.6B
Deferred Revenue (Current)3.96B4.39B4.74B1.94B3.11B4.87B6.07B6.42B0
Other Current Liabilities1M18M01M-1M0009.07B
Current Ratio0.18x0.24x0.23x1.22x0.97x0.71x0.46x0.29x0.32x
Quick Ratio0.14x0.19x0.18x1.18x0.94x0.67x0.41x0.25x0.28x
Cash Conversion Cycle-6.53-2.3-1.525.0212.48-7.46-6.92-6-5.12
Total Non-Current Liabilities7.76B8.75B10.57B24.35B30.79B34.03B30.76B28.19B26.31B
Long-Term Debt6.99B7.9B9.68B22.13B28.51B31.95B28.48B25.94B24.04B
Capital Lease Obligations0001.27B1.24B1.19B1.17B1.24B1.18B
Deferred Tax Liabilities000000000
Other Non-Current Liabilities769M857M891M949M1.04B892M1.1B1.01B1.1B
Total Liabilities16.56B17.96B19.69B33.04B41.2B44.64B42.24B39.81B39.4B
Total Debt9.2B10.32B11.5B28.38B34.61B35.88B31.89B28.88B27.99B
Net Debt8.8B9.34B10.98B18.87B25.67B31.85B29.48B27.67B26.07B
Debt / Equity0.38x0.42x0.45x1.38x2.85x5.08x4.63x3.12x2.28x
Debt / EBITDA1.98x1.93x2.12x---7.37x4.71x3.85x
Net Debt / EBITDA1.89x1.75x2.02x---6.81x4.51x3.58x
Interest Coverage14.19x17.14x15.90x-9.91x-4.43x-2.72x0.95x2.04x3.32x
Total Equity
24.22B▲ 0%
24.44B▲ 0.9%
25.36B▲ 3.8%
20.55B▼ 19.0%
12.14B▼ 40.9%
7.06B▼ 41.8%
6.88B▼ 2.6%
9.25B▲ 34.4%
12.28B▲ 32.8%
Equity Growth %7.16%0.94%3.77%-18.96%-40.91%-41.84%-2.58%34.44%32.77%
Book Value per Share33.4034.4336.6526.5210.815.995.456.628.76
Total Shareholders' Equity24.22B24.44B25.36B20.55B12.14B7.06B6.88B9.25B12.28B
Common Stock365M365M365M372M372M373M373M374M374M
Retained Earnings23.29B25.07B26.65B16.07B6.45B269M185M2.1B4.82B
Treasury Stock-6.35B-7.79B-8.39B-8.4B-8.47B-8.47B-8.45B-8.4B-8.36B
Accumulated OCI-1.78B-1.95B-2.07B-1.44B-1.5B-1.98B-1.94B-1.97B-1.81B
Minority Interest000000000

CCL Cash Flow Statement

Carnival Corporation & plc (CCL) cash flow — operating, investing & free cash flow history

Line itemNov'17Nov'18Nov'19Nov'20Nov'21Nov'22Nov'23Nov'24Nov'25
Cash from Operations5.32B5.55B5.47B-6.3B-4.11B-1.67B4.28B5.92B6.22B
Operating CF Margin %30.39%29.39%26.29%-112.64%-215.36%-13.72%19.83%23.67%23.36%
Operating CF Growth %3.66%4.27%-1.33%-215.09%34.79%59.36%356.35%38.36%4.98%
Net Income2.61B3.15B2.99B-10.24B-9.5B-6.09B-74M1.92B2.76B
Depreciation & Amortization1.85B2.02B2.16B2.24B2.23B2.27B2.37B2.56B2.79B
Stock-Based Compensation63M65M46M105M121M101M53M62M98M
Deferred Taxes357M-43M26M4.61B1.63B0000
Other Non-Cash Items51M-6M41M170M449M884M407M428M715M
Working Capital Changes399M364M212M-3.19B958M1.16B1.52B960M-145M
Change in Receivables6M-58M-368M-395M-7M-171M-180M-49M-84M
Change in Inventory-49M-67M79M77M-63M-95M-85M9M2M
Change in Payables21M-24M34M-165M206M283M77M-26M61M
Cash from Investing-3.09B-3.51B-5.28B-3.24B-3.54B-4.77B-2.81B-4.54B-3.32B
Capital Expenditures-2.94B-3.75B-5.43B-3.62B-3.61B-4.94B-3.28B-4.63B-3.61B
CapEx % of Revenue16.81%19.86%26.07%64.71%189.05%40.59%15.21%18.49%13.56%
Acquisitions0-135M26M-81M-90M-1M000
Investments---------
Other Investing58M428M158M127M351M-26M474M91M290M
Cash from Financing-2.45B-1.46B-655M18.65B6.95B3.58B-5.09B-2.58B-2.19B
Debt Issued (Net)-789M1.4B1.42B16.25B7.09B2.54B-4.9B-2.34B-1.93B
Equity Issued (Net)-1000K-1000K-1000K1000K-1000K1000K1000K00
Dividends Paid-1.09B-1.35B-1.39B-689M00000
Share Repurchases-552M-1.47B-603M-12M-188M0000
Other Financing-24M-43M-87M-149M51M-147M-195M-243M-261M
Net Change in Cash
-208M▲ 0%
574M▲ 376.0%
-466M▼ 181.2%
9.16B▲ 2066.1%
-716M▼ 107.8%
-2.94B▼ 310.5%
-3.6B▼ 22.5%
-1.2B▲ 66.6%
718M▲ 159.6%
Free Cash Flow
2.38B▲ 0%
1.8B▼ 24.3%
46M▼ 97.4%
-9.92B▼ 21667.4%
-7.72B▲ 22.2%
-6.61B▲ 14.3%
997M▲ 115.1%
1.3B▲ 30.1%
2.61B▲ 101.0%
FCF Margin %13.58%9.53%0.22%-177.35%-404.4%-54.32%4.62%5.18%9.79%
FCF Growth %14.77%-24.31%-97.44%-21667.39%22.23%14.33%115.08%30.09%101%
FCF per Share3.282.540.07-12.80-6.87-5.600.790.931.86
FCF Conversion (FCF/Net Income)2.04x1.76x1.83x0.62x0.43x0.27x-57.85x3.09x2.25x
Interest Paid000000000
Taxes Paid000000000

CCL Key Ratios

Carnival Corporation & plc (CCL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)11.99%11.13%12.96%12.01%-44.58%-58.11%-63.44%-1.06%23.75%25.63%
Return on Invested Capital (ROIC)7.36%6.54%7.47%7.01%-17.55%-13.77%-8.56%3.9%7.32%8.93%
Gross Margin42.75%40.03%41.27%38.01%-47.39%-143.97%3.39%33.7%37.5%29.62%
Net Margin16.96%14.88%16.69%14.36%-182.98%-497.96%-50.07%-0.34%7.66%10.37%
Debt / Equity0.42x0.38x0.42x0.45x1.38x2.85x5.08x4.63x3.12x2.28x
Interest Coverage13.77x14.19x17.14x15.90x-9.91x-4.43x-2.72x0.95x2.04x3.32x
FCF Conversion1.85x2.04x1.76x1.83x0.62x0.43x0.27x-57.85x3.09x2.25x
Revenue Growth4.3%6.84%7.82%10.3%-73.14%-65.89%537.79%77.44%15.88%6.4%

CCL SEC Filings & Documents

Carnival Corporation & plc (CCL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 27, 2026·SEC

Material company update

Feb 20, 2026·SEC

Material company update

Feb 12, 2026·SEC

10-K Annual Reports

2
FY 2026

Jan 27, 2026·SEC

FY 2025

Jan 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Mar 27, 2026·SEC

FY 2025

Sep 29, 2025·SEC

FY 2025

Jun 26, 2025·SEC

CCL Frequently Asked Questions

Carnival Corporation & plc (CCL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Carnival Corporation & plc (CCL) reported $26.62B in revenue for fiscal year 2025. This represents a 1103% increase from $2.21B in 1996.

Carnival Corporation & plc (CCL) grew revenue by 6.4% over the past year. This is steady growth.

Yes, Carnival Corporation & plc (CCL) is profitable, generating $2.76B in net income for fiscal year 2025 (10.4% net margin).

Dividend & Returns

Carnival Corporation & plc (CCL) has a return on equity (ROE) of 25.6%. This is excellent, indicating efficient use of shareholder capital.

Carnival Corporation & plc (CCL) generated $2.61B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More CCL

Carnival Corporation & plc (CCL) financial analysis — history, returns, DCA and operating performance tools

Full CCL Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.