Carnival Corporation Ltd. (CCL) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
Carnival is the largest global cruise company, with nearly 100 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North Ame...
Carnival Corporation Ltd.'s revenue increased 6.4% year over year, from $25.02B to $26.62B.
Net income increased 44.1% over the same period, from $1.92B to $2.76B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 62% in total.
Total debt decreased by 7.3% to $24.04B.
The debt-to-equity ratio stands at 1.96, indicating a elevated leverage profile.
Operating cash flow grew 5.0% to $6.22B.
Carnival Corporation Ltd. maintains a healthy net profit margin of 10.4%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2024 | $5.94B-24.8% | $303.0M | $561.0M | $561.0M | $911.0M | $49.06B | $25.94B | $9.25B |
| Q1 FY2025 | $5.81B-2.2% | $-78.0M | $542.0M | $543.0M | $925.0M | $48.53B | $25.49B | $9.18B |
| Q2 FY2025 | $6.33B+8.9% | $564.0M | $935.0M | $934.0M | $2.39B | $51.16B | $25.86B | $10.01B |
| Q3 FY2025 | $8.15B+28.8% | $1.85B | N/A | $2.27B | $1.38B | $50.83B | $25.06B | $11.93B |
| Q4 FY2025 | $6.33B-22.4% | $422.0M | N/A | $735.0M | $1.52B | $51.69B | $24.04B | $12.28B |
| Q1 FY2026 | $6.17B-2.6% | $258.0M | N/A | $607.0M | $1.26B | $51.57B | $23.79B | $13.03B |
| Q2 FY2026 | $6.66B+8.1% | $537.0M | N/A | $851.0M | $2.63B | N/A | N/A | N/A |
| Q3 FY2026 | $8.44B+26.6% | $1.92B | N/A | $2.22B | $1.41B | N/A | N/A | N/A |
Balance Sheet Summary (Q1 FY2026)
Carnival Corporation Ltd. (CCL) Financial Statements & Revenue History
Carnival Corporation Ltd. (CCL) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Travel Services industry trading at $25.83 with a market capitalization of $35. This page provides 41 historical financial statements for Carnival Corporation Ltd., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Carnival Corporation Ltd. reported revenue of $26.6 billion, representing 6.4% year-over-year growth. The net profit margin of 10.4% indicates moderate profitability. The debt-to-equity ratio of 1.96 indicates elevated leverage.
CCL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Carnival Corporation Ltd.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether CCL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track CCL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Carnival Corporation Ltd. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of CCL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use CCL Financial Data
Investors use Carnival Corporation Ltd.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare CCL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how CCL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View CCL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Carnival Corporation Ltd.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.CCL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.