Carnival Corporation financials

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CCL CIK 0000815097

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T09:57:34Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 2.61B 1.30B 997.00M -6.61B -7.72B -9.92B
EBITDA 7.27B 6.13B 4.33B -2.10B -4.86B -6.62B
Working Capital -8.87B -8.24B -6.21B -3.11B -275.00M 1.88B
Net Debt 26.81B 28.41B 30.24B 33.12B 26.41B 19.49B
Gross Margin — 37.50% 33.70% 3.38% -143.97% —
Operating Margin 16.84% 14.28% 9.06% -35.99% -371.54% -158.44%
Net Margin 10.37% 7.66% -0.34% -50.07% -497.96% -182.95%
Return on Equity (ROE) 22.49% 20.71% -1.08% -86.24% -78.24% -49.80%
Return on Assets (ROA) 5.34% 3.91% -0.15% -11.78% -17.81% -19.10%
Current Ratio 0.3223 0.2908 0.4587 0.7065 0.9736 1.2161
Debt-to-Equity 2.342 3.2013 4.7454 5.2583 2.911 1.4111
Effective Tax Rate 0.43% -0.05% -20.97% -0.23% 0.22% 0.17%
Cash Conversion Ratio 2.2529 3.0913 -57.8514 0.2741 0.4325 0.6156
Accruals Ratio -0.0669 -0.0817 -0.0887 -0.0855 -0.1011 -0.0734
SBC % of Revenue 0.37% 0.25% 0.25% 0.83% 6.34% 1.88%
CapEx Coverage 1.722 1.2804 1.3036 -0.3381 -1.1392 -1.7406
Free Cash Flow Per Share $1.86 $0.93 $0.79 $-5.60 $-6.87 $-12.80

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 12.7624 17.6597 — — — —
P/FCF 13.8639 27.4089 19.0633 — — —
FCF Yield 7.21% 3.65% 5.25% — — —
EV / EBITDA 8.6555 10.4316 11.3844 — — —
P/S 1.3577 1.4209 0.8802 0.963 10.3707 2.7676
P/B 2.9457 3.843 2.7617 1.6585 1.6294 0.7533

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 26.62B 25.02B 21.59B 12.17B 1.91B 5.59B
Cost of Revenue — 15.64B 14.32B 11.76B 4.66B —
Selling, General and Administrative Expense 3.40B 3.25B 2.95B 2.52B 1.89B 1.88B
Operating Income (Loss) 4.48B 3.57B 1.96B -4.38B -7.09B -8.87B
Income Tax Expense (Benefit) 12.00M -1.00M 13.00M 14.00M -21.00M -17.00M
Net Income (Loss) Attributable to Parent 2.76B 1.92B -74.00M -6.09B -9.50B -10.24B
Earnings Per Share, Basic $2.10 $1.50 $-0.06 $-5.16 $-8.46 $-13.20
Weighted Average Number of Shares Outstanding, Basic 1.31B 1.27B 1.26B 1.18B 1.12B 775.00M
Earnings Per Share, Diluted $2.02 $1.44 $-0.06 $-5.16 $-8.46 $-13.20
Weighted Average Number of Shares Outstanding, Diluted 1.40B 1.40B 1.26B 1.18B 1.12B 775.00M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 1.93B 1.21B 2.42B 4.03B 8.94B 9.51B
Assets, Current 4.22B 3.38B 5.27B 7.49B 10.13B 10.56B
Assets 51.69B 49.06B 49.12B 51.70B 53.34B 53.59B
Long-term Debt 27.38B 28.21B 31.34B 35.62B — —
Liabilities, Current 13.09B 11.62B 11.48B 10.61B 10.41B 8.69B
Long-term Debt, Excluding Current Maturities 24.04B 25.94B 28.48B 31.95B 28.51B 22.13B
Stockholders' Equity Attributable to Parent 12.27B 9.25B 6.88B 7.07B 12.14B 20.55B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 6.22B 5.92B 4.28B -1.67B -4.11B -6.30B
Payments to Acquire Property, Plant, and Equipment 3.61B 4.63B 3.28B 4.94B 3.61B 3.62B
Net Cash Provided by (Used in) Investing Activities -3.32B -4.54B -2.81B -4.77B -3.54B -3.24B
Payments for Repurchase of Common Stock — — — 0 0 12.00M
Payments of Dividends — — — 0 0 689.00M
Net Cash Provided by (Used in) Financing Activities -2.19B -2.58B -5.09B 3.58B 6.95B 18.65B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

22 concepts 3 units
Unit US$ · 16 concepts
Label Value Period
Revenue from Contract with Customer, Excluding Assessed Tax 6.17B 2025-12-01 → 2026-02-28
Depreciation, Depletion and Amortization, Nonproduction 696.00M 2025-12-01 → 2026-02-28
Restructuring Charges 0 2025-12-01 → 2026-02-28
Operating Costs and Expenses 3.94B 2025-12-01 → 2026-02-28
Selling, General and Administrative Expense 924.00M 2025-12-01 → 2026-02-28
Operating Income (Loss) 607.00M 2025-12-01 → 2026-02-28
Investment Income, Interest 12.00M 2025-12-01 → 2026-02-28
Other Nonoperating Income (Expense) -47.00M 2025-12-01 → 2026-02-28
InterestExpenseNonoperating 291.00M 2025-12-01 → 2026-02-28
Gain (Loss) on Extinguishment of Debt, before Write off of Debt Issuance Cost 0 2025-12-01 → 2026-02-28
Gain (Loss) on Extinguishment of Debt 0 2025-12-01 → 2026-02-28
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 280.00M 2025-12-01 → 2026-02-28
Income Tax Expense (Benefit) 17.00M 2025-12-01 → 2026-02-28
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 263.00M 2025-12-01 → 2026-02-28
Net Income (Loss) Attributable to Noncontrolling Interest 4.00M 2025-12-01 → 2026-02-28
Net Income (Loss) Attributable to Parent 258.00M 2025-12-01 → 2026-02-28
Unit shares · 3 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 1.38B 2025-12-01 → 2026-02-28
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 2025-12-01 → 2026-02-28
Weighted Average Number of Shares Outstanding, Diluted 1.39B 2025-12-01 → 2026-02-28
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $0.19 2025-12-01 → 2026-02-28
Earnings Per Share, Diluted $0.19 2025-12-01 → 2026-02-28
Common Stock, Dividends, Per Share, Declared $0.15 2025-12-01 → 2026-02-28

Comprehensive Income

6 concepts 1 unit

Balance Sheet

33 concepts 1 unit
Unit US$ · 33 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 1.42B as of 2026-02-28
Restricted Cash 33.00M as of 2026-02-28
Receivables, Net, Current 663.00M as of 2026-02-28
Inventory, Net 510.00M as of 2026-02-28
Other Assets, Current 1.12B as of 2026-02-28
Assets, Current 3.72B as of 2026-02-28
Operating Lease, Right-of-Use Asset 1.29B as of 2026-02-28
Property, Plant and Equipment, Net 43.70B as of 2026-02-28
Contract with Customer, Asset, after Allowance for Credit Loss 393.00M as of 2026-02-28
Long-term Debt and Lease Obligation, Including Current Maturities 25.29B as of 2026-02-28
Goodwill 579.00M as of 2026-02-28
Indefinite-lived Intangible Assets (Excluding Goodwill) 1.18B as of 2026-02-28
Intangible Assets, Net (Excluding Goodwill) 1.18B as of 2026-02-28
Other Assets, Noncurrent 1.09B as of 2026-02-28
Contract with Customer, Liability 7.90B as of 2026-02-28
Assets 51.57B as of 2026-02-28
Accounts Payable, Current 1.24B as of 2026-02-28
Accrued Liabilities, Current 2.03B as of 2026-02-28
Contract with Customer, Liability, Current 7.47B as of 2026-02-28
Long-term Debt 26.00B as of 2026-02-28
Long-term Debt, Current Maturities 1.50B as of 2026-02-28
Liabilities, Current 12.42B as of 2026-02-28
Long-term Debt, Excluding Current Maturities 23.79B as of 2026-02-28
Other Liabilities, Noncurrent 1.16B as of 2026-02-28
Operating Lease, Liability, Noncurrent 1.15B as of 2026-02-28
Additional Paid in Capital 17.87B as of 2026-02-28
Treasury Stock, Common, Value 8.21B as of 2026-02-28
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.74B as of 2026-02-28
Retained Earnings (Accumulated Deficit) 4.73B as of 2026-02-28
Stockholders' Equity Attributable to Parent 13.03B as of 2026-02-28
Stockholders' Equity Attributable to Noncontrolling Interest 18.00M as of 2026-02-28
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 13.05B as of 2026-02-28
Liabilities and Equity 51.57B as of 2026-02-28

Cash Flow Statement

25 concepts 1 unit
Unit US$ · 25 concepts
Label Value Period
Amortization of Debt Issuance Costs and Discounts 27.00M 2025-12-01 → 2026-02-28
Share-based Payment Arrangement, Noncash Expense 28.00M 2025-12-01 → 2026-02-28
Increase (Decrease) in Receivables -17.00M 2025-12-01 → 2026-02-28
Increase (Decrease) in Inventories 3.00M 2025-12-01 → 2026-02-28
Increase (Decrease) in Other Operating Assets 149.00M 2025-12-01 → 2026-02-28
Increase (Decrease) in Contract with Customer, Liability 585.00M 2025-12-01 → 2026-02-28
Increase (Decrease) in Accounts Payable -33.00M 2025-12-01 → 2026-02-28
Increase (Decrease) in Other Operating Liabilities -296.00M 2025-12-01 → 2026-02-28
Other Operating Activities, Cash Flow Statement 72.00M 2025-12-01 → 2026-02-28
Net Cash Provided by (Used in) Operating Activities 1.26B 2025-12-01 → 2026-02-28
Payments to Acquire Property, Plant, and Equipment 566.00M 2025-12-01 → 2026-02-28
Proceeds from Sale of Property, Plant, and Equipment 3.00M 2025-12-01 → 2026-02-28
Payments for Advance to Affiliate 37.00M 2025-12-01 → 2026-02-28
Payments for (Proceeds from) Other Investing Activities -3.00M 2025-12-01 → 2026-02-28
Net Cash Provided by (Used in) Investing Activities -597.00M 2025-12-01 → 2026-02-28
Proceeds from Issuance of Other Long-term Debt 0 2025-12-01 → 2026-02-28
Repayments of Other Long-term Debt 945.00M 2025-12-01 → 2026-02-28
Payments of Debt Issuance Costs 4.00M 2025-12-01 → 2026-02-28
Payments of Dividends 208.00M 2025-12-01 → 2026-02-28
Payment for Debt Extinguishment or Debt Prepayment Cost 0 2025-12-01 → 2026-02-28
Proceeds from (Payments for) Other Financing Activities -9.00M 2025-12-01 → 2026-02-28
Net Cash Provided by (Used in) Financing Activities -1.17B 2025-12-01 → 2026-02-28
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents -2.00M 2025-12-01 → 2026-02-28
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -501.00M 2025-12-01 → 2026-02-28
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.46B as of 2026-02-28

Notes

23 concepts 3 units
Unit US$ · 20 concepts
Label Value Period
Operating Lease, Liability, Current 171.00M as of 2026-02-28
Indefinite-lived Intangible Assets, Translation and Purchase Accounting Adjustments 4.00M 2025-12-01 → 2026-02-28
Interest on Convertible Debt, Net of Tax 0 2025-12-01 → 2026-02-28
SegmentExpenditureAdditionToLongLivedAssets 566.00M 2025-12-01 → 2026-02-28
SegmentReportingOtherItemAmount 16.00M 2025-12-01 → 2026-02-28
Dividends, Common Stock, Cash 208.00M 2025-12-01 → 2026-02-28
Net Income (Loss) Available to Common Stockholders, Diluted 259.00M 2025-12-01 → 2026-02-28
Unrecorded Unconditional Purchase Obligation, to be Paid, Year One 1.60B as of 2026-02-28
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two 1.50B as of 2026-02-28
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Three 1.90B as of 2026-02-28
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Four 1.70B as of 2026-02-28
Debt, Long-term and Short-term, Combined Amount 26.00B as of 2026-02-28
Unrecorded Unconditional Purchase Obligation, to be Paid, Remainder of Fiscal Year 500.00M as of 2026-02-28
Long-Term Debt, Maturity, Year One 2.54B as of 2026-02-28
Long-Term Debt, Maturity, Year Two 3.98B as of 2026-02-28
Long-Term Debt, Maturity, Year Three 4.17B as of 2026-02-28
Long-Term Debt, Maturity, Year Four 2.91B as of 2026-02-28
Long-Term Debt, Maturity, Remainder of Fiscal Year 1.05B as of 2026-02-28
Debt Issuance Costs, Net 713.00M as of 2026-02-28
Other Comprehensive Income, Other, Net of Tax -1.00M 2025-12-01 → 2026-02-28
Unit shares · 2 concepts
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities 4.00M 2025-12-01 → 2026-02-28
Incremental Common Shares Attributable to Dilutive Effect of Equity Unit Purchase Agreements 8.00M 2025-12-01 → 2026-02-28
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 4 2025-12-01 → 2026-02-28

Other

3 concepts 1 unit
Unit US$ · 3 concepts
Label Value Period
Stock Issued During Period, Value, Conversion of Convertible Securities 618.00M 2025-12-01 → 2026-02-28
Stock Issued During Period, Value, Treasury Stock Reissued 0 2025-12-01 → 2026-02-28
Stockholders' Equity, Other -20.00M 2025-12-01 → 2026-02-28

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (CCL CIK 0000815097), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.