Carnival/$CCL
1D1W1MYTD1Y5YMAX
Capital at risk
About Carnival
Carnival is the largest global cruise company, with more than 90 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It recently folded its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 14 million guests in 2025.
- Ticker
- $CCL
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 160,000
- Headquarters
- Miami, United States
- Website
- www.carnivalcorp.com
Carnival Metrics
BasicAdvanced
$35B
11.35
$2.27
2.31
$0.45
2.33%
Price and volume
Market cap
$35B
Beta
2.31
52-week high
$31.60
52-week low
$21.45
Average daily volume
25M
Dividend rate
$0.45
Financial strength
Current ratio
0.274
Quick ratio
0.152
Long term debt to equity
1.616
Total debt to equity
1.771
Dividend payout ratio (TTM)
19.70%
Interest coverage (TTM)
3.73%
Profitability
EBITDA (TTM)
7,292
Gross margin (TTM)
55.38%
Net profit margin (TTM)
11.37%
Operating margin (TTM)
15.92%
Effective tax rate (TTM)
1.01%
Revenue per employee (TTM)
$170,000
Management effectiveness
Return on assets (TTM)
5.40%
Return on equity (TTM)
24.00%
Valuation
Price to earnings (TTM)
11.353
Price to revenue (TTM)
1.27
Price to book
2.45
Price to tangible book (TTM)
2.8
Price to free cash flow (TTM)
11.031
Free cash flow yield (TTM)
9.07%
Free cash flow per share (TTM)
2.335
Dividend yield (TTM)
1.75%
Forward dividend yield
2.33%
Growth
Revenue change (TTM)
5.20%
Earnings per share change (TTM)
17.06%
3-year revenue growth (CAGR)
11.26%
10-year revenue growth (CAGR)
5.49%
3-year earnings per share growth (CAGR)
20.75%
10-year earnings per share growth (CAGR)
-3.43%
10-year dividend per share growth (CAGR)
-10.07%
What the Analysts think about Carnival
Analyst ratings (Buy, Hold, Sell) for Carnival stock.
Analyst projections of the future price of Carnival stock.
Bulls say / Bears say
Carnival’s latest update says 2027 booked occupancy and pricing are at record levels, with 2028 also ahead of last year on both measures. Bookings growing faster than capacity supports the case for further yield growth beyond 2026. (StockTitan)
Second-quarter revenue and net yields reached records, while adjusted net income rose more than 20% despite nearly 30% higher fuel prices. Fuel consumption per available berth day improved 5.6% and non-fuel unit costs were held roughly flat in constant currency, showing effective cost control. (Carnival Corporation, Last10K)
Net debt to adjusted EBITDA had fallen to 3.1 times by the second quarter, and Carnival later reported roughly $1.2 billion of year-to-date share repurchases plus a $500 million debt redemption. Continued deleveraging alongside buybacks could increase the benefit to shareholders if cash generation remains strong. (StockTitan, Last10K)
Carnival remains largely unhedged against fuel prices, and Brent crude had risen about 33% since its second-quarter results by late September. Jefferies consequently cut its 2026 and 2027 earnings forecasts, leaving profits exposed to another fuel spike. (Reuters, Proactive Investors)
Geopolitical volatility weakened bookings for Mediterranean itineraries and pushed Carnival to lower its full-year constant-currency yield outlook. That shows how quickly events affecting European travel can reduce occupancy, onboard spending and pricing power. (Reuters, Carnival Corporation)
Jefferies lowered its revenue and EPS forecasts after pricing checks found Carnival’s advertised fares trailing peers for several months. If the company has to discount to fill ships, stronger volumes may not translate into stronger yields. (Proactive Investors)
Data summarised monthly by Lightyear AI. Last updated on 29 Sept 2026.
Carnival Financial Performance
Revenues and expenses
Carnival Earnings Performance
Company profitability
Upcoming events
No upcoming events
Carnival News
AllArticlesVideos
Funds containing Carnival
AllGBPEURUSD
Fund name | Fund size | $CCL weighting |
|---|---|---|
iShares S&P 500 Consumer Discretionary Sector£ICDU | £555M | 0.72% |
iShares S&P 500 Equal Weight€O4J0 | €4.3B | 0.23% |
iShares S&P 500 Equal Weight£EWSP | £3.7B | 0.23% |
Invesco S&P 500£SPXP | £32B | 0.10% |
iShares Core S&P 500$IDUS | $23B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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