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Carnival

US · CCL #628 by market cap Listed 1970
26.15 -0.43 -1.62%
Live - 5344 symbols - heartbeat 393s ago · 2026-10-08 07:40
Pre-market 25.48 -2.56%
After-hours 26.21 +0.23%
Overnight 25.83 -1.22%
Market cap
35.16B
P/B
2.48
EPS
2.02
Reader sentiment Are you bullish or bearish on CCL?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Weak
  • Altman Z-Score is 1.26, below the 1.8 "distress zone" threshold.
  • Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +6.40% YoY

Margins

Gross margin
40.10%
Operating margin
16.84%
Net margin
10.37%

Key ratios & quality

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item 2018 2019 2020 2021 2022 2023 2024 2025
Revenue 18.88B20.83B5.60B1.91B12.17B21.59B25.02B26.62B
Gross profit 7.79B7.92B-2.65B-2.75B412.00M7.28B9.38B10.67B
Selling & admin expenses 2.45B2.48B1.88B1.89B2.52B2.95B3.25B3.40B
Research & development ----------------
Operating profit 3.32B3.28B-6.77B-6.87B-4.38B1.96B3.57B4.48B
Pretax profit 3.21B3.06B-10.25B-9.52B-6.08B-62.00M1.92B2.77B
Tax 54.00M71.00M-17.00M-21.00M14.00M13.00M-1.00M12.00M
Net profit 3.15B2.99B-10.24B-9.50B-6.09B-75.00M1.92B2.76B
Basic EPS 44-13-8-5022
Diluted EPS 4.444.32-13.20-8.46-5.16-0.061.442.02

Balance sheet

Line item 2018 2019 2020 2021 2022 2023 2024 2025
Total current assets 2.23B2.06B10.56B10.13B7.49B5.27B3.38B4.22B
Cash & ST investments 982.00M518.00M9.51B9.14B4.03B2.42B1.21B1.93B
Inventory 450.00M427.00M335.00M356.00M428.00M528.00M507.00M505.00M
Total assets 42.40B45.06B53.59B53.34B51.70B49.12B49.06B51.69B
Total current liabilities 9.20B9.13B8.69B10.41B10.61B11.48B11.62B13.09B
Short-term debt 2.43B1.83B4.98B4.86B2.74B2.24B1.70B2.78B
Long-term debt 7.90B9.68B22.13B28.51B31.95B28.48B25.94B24.04B
Total liabilities 17,958,000,000.0019,693,000,000.0033,038,000,000.0041,200,000,000.0044,639,000,000.0042,237,000,000.0039,805,000,000.0039,403,000,000.00
Total equity 24.44B25.37B20.56B12.14B7.06B6.88B9.25B12.28B
Retained earnings 25.07B26.65B16.08B6.45B269.00M185.00M2.10B4.82B

Cash flow

Line item 2018 2019 2020 2021 2022 2023 2024 2025
Operating cash flow 5.55B5.48B-6.30B-4.11B-1.67B4.28B5.92B6.22B
Depreciation & amortization 2.02B2.16B2.24B2.23B2.28B2.37B2.56B2.79B
Free cash flow 1.80B46.00M-9.92B-7.72B-6.61B997.00M1.30B2.61B
Dividends paid -1.36B-1.39B-689.00M----------
Stock buybacks / issuance -1.47B-599.00M3.24B1.01B1.18B------
Ending cash balance 996.00M530.00M9.69B8.98B6.04B2.44B1.23B1.96B

Returns & efficiency

Line item 2018 2019 2020 2021 2022 2023 2024 2025
ROE % 12.9612.01-44.58-58.11-63.44-1.0623.7525.63
ROA % 7.586.84-20.75-17.77-11.60-0.153.905.48
ROIC % 9.778.85-21.82-16.54-11.053.158.2010.34
5-year avg ROE % 9.6811.080.70-13.32-28.23-31.04-28.69-14.65
EBIT margin % 18.0115.68-167.29-415.15-36.749.2814.6715.48
FCF / sales % 9.530.22------4.625.189.79
Current ratio 0.240.231.220.970.710.460.290.32
Quick ratio 0.150.111.130.900.420.260.150.20
Debt / assets 24.3525.5352.9564.8869.4064.9258.8654.16
LT debt / equity 32.3138.14113.86244.96469.17430.82293.72205.27
Interest coverage 17.5315.85-10.46-4.95-2.780.972.093.05
Revenue CAGR (3Y) % 6.318.31-31.64-53.42-16.4056.87135.8229.81
Net income CAGR (3Y) % 21.512.47------------
FCF CAGR (3Y) % -7.18-71.89------------

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail
  • North America is the largest reported line at 65.71% of revenue, across 4 reported segments.
  • Europe follows at 30.89%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

North America65.71%
Europe30.89%
Tour and Other2.26%
Cruise Support1.14%

Quote time 2026-10-08 07:40:15 · For reference only, not investment advice and not tailored to your situation.