CCL
Company Description
Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.62B | 25.02B | 21.59B | 12.17B | 1.91B | 5.59B | 20.82B | 18.88B | 17.51B | 16.39B | 15.71B | 15.88B |
| Net Income | 2.76B | 1.92B | (74.00M) | (6.09B) | (9.50B) | (10.24B) | 2.99B | 3.15B | 2.61B | 2.78B | 1.76B | 1.22B |
| EPS | 2.10 | 1.50 | -0.06 | -5.16 | -8.46 | -13.20 | 4.34 | 4.45 | 3.61 | 3.73 | 2.26 | 1.59 |
| Free Cash Flow | 2.61B | 1.30B | 997.00M | (6.61B) | (7.72B) | (9.92B) | 46.00M | 1.80B | 2.38B | 2.07B | 2.25B | 847.00M |
| FCF / Share | 1.99 | 1.02 | 0.79 | -5.60 | -6.87 | -12.80 | 0.07 | 2.54 | 3.29 | 2.78 | 2.90 | 1.09 |
| Operating CF | 6.22B | 5.92B | 4.28B | (1.67B) | (4.11B) | (6.30B) | 5.47B | 5.55B | 5.32B | 5.13B | 4.54B | 3.43B |
| Total Assets | 51.69B | 49.06B | 49.12B | 51.70B | 53.34B | 53.59B | 45.06B | 42.40B | 40.78B | 38.94B | 39.24B | 39.53B |
| Total Debt | 27.99B | 28.88B | 31.89B | 35.88B | 34.61B | 28.38B | 11.50B | 10.32B | 9.20B | 9.40B | 8.79B | 9.09B |
| Cash & Equiv | 1.93B | 1.21B | 2.42B | 4.03B | 8.94B | 9.51B | 518.00M | 982.00M | 395.00M | 603.00M | 1.40B | 331.00M |
| Book Value | 12.28B | 9.25B | 6.88B | 7.06B | 12.14B | 20.55B | 25.36B | 24.44B | 24.22B | 22.60B | 23.77B | 24.29B |
| Return on Equity | 0.22 | 0.21 | -0.01 | -0.86 | -0.78 | -0.50 | 0.12 | 0.13 | 0.11 | 0.12 | 0.07 | 0.05 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.66B | 6.17B | 6.33B | 8.15B | 6.33B | 5.81B | 5.94B | 7.90B | 5.78B | 5.41B | 5.40B | 6.85B |
| Net Income | 537.00M | 258.00M | 422.00M | 1.85B | 565.00M | (78.00M) | 303.00M | 1.74B | 92.00M | (214.00M) | (48.00M) | 1.07B |
| EPS | 0.39 | 0.19 | 0.32 | 1.41 | 0.43 | -0.06 | 0.17 | 1.37 | 0.07 | -0.17 | -0.04 | 0.85 |
| Free Cash Flow | 1.75B | 697.00M | 12.00M | 736.00M | 1.54B | 318.00M | 319.00M | 628.00M | 720.00M | (369.00M) | 247.00M | 997.00M |
| FCF / Share | 1.27 | 0.51 | 0.01 | 0.56 | 1.17 | 0.24 | 0.25 | 0.50 | 0.57 | -0.29 | 0.20 | 0.79 |
| Operating CF | 2.63B | 1.26B | 1.52B | 1.38B | 2.39B | 925.00M | 911.00M | 1.21B | 2.04B | 1.77B | 922.00M | 1.83B |
| Total Assets | 52.23B | 51.57B | 51.69B | 50.83B | 51.16B | 48.53B | 49.06B | 49.80B | 49.60B | 49.76B | 49.12B | 49.76B |
| Total Debt | 26.17B | 26.61B | 27.99B | 27.86B | 28.65B | 28.39B | 28.88B | 30.27B | 30.65B | 32.02B | 31.89B | 32.63B |
| Cash & Equiv | 2.24B | 1.42B | 1.93B | 1.76B | 2.15B | 833.00M | 1.21B | 1.52B | 1.65B | 2.24B | 2.42B | 2.84B |
| Book Value | 12.97B | 13.03B | 12.28B | 11.93B | 10.01B | 9.18B | 9.25B | 8.60B | 6.81B | 6.68B | 6.88B | 6.96B |
| Return on Equity | 0.04 | 0.02 | 0.03 | 0.16 | 0.06 | -0.01 | 0.03 | 0.20 | 0.01 | -0.03 | -0.01 | 0.15 |