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Carnival Corporation & plc logo

Carnival Corporation & plc

CCL

NYSEConsumer CyclicalTravel Services

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Previous close

$25.73

+$0.36 · +1.42%

Aug 21, 4:00 PM ET

CCL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

91

Deep Value

Momentum

34

Weakening

Sentiment

69

Bullish

Risk resilience

45

Elevated Risk

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Company profile

Company website

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.

Industry
Travel Services
Sector
Consumer Cyclical
Headquarters
US
CEO
Joshua Ian Weinstein
Listed since
Jul 24, 1987
Employees
160,000

Market position

Day range

Current $25.73

52-week range

Current $25.73

Open
$25.64
Previous close
$25.37
Volume
13.9M
0.58× average
Average volume
23.77M
Average daily volume
Market cap
35.24B USD
Beta
2.34
Market reference 1
50-day average
$27.8378
-7.57% below average
200-day average
$27.8844
-7.73% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
11.14×
P/B (TTM)
2.74×
P/S (TTM)
1.29×
Dividend yield
1.75%

Profitability & efficiency

Gross margin
34.43%
Operating margin
16.34%
Net margin
11.24%

Financial health

Debt / equity
2.02×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends91%-123%-337%-552%Gross margin, FY2021: -143.97%Gross margin, FY2022: 3.39%Gross margin, FY2023: 33.70%Gross margin, FY2024: 37.50%Gross margin, FY2025: 29.62%Operating margin, FY2021: -371.54%Operating margin, FY2022: -35.98%Operating margin, FY2023: 9.06%Operating margin, FY2024: 14.28%Operating margin, FY2025: 16.84%Net margin, FY2021: -497.96%Net margin, FY2022: -50.07%Net margin, FY2023: -0.34%Net margin, FY2024: 7.66%Net margin, FY2025: 10.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -143.97%. Gross margin FY2022 3.39%. Gross margin FY2023 33.70%. Gross margin FY2024 37.50%. Gross margin FY2025 29.62%. Operating margin FY2021 -371.54%. Operating margin FY2022 -35.98%. Operating margin FY2023 9.06%. Operating margin FY2024 14.28%. Operating margin FY2025 16.84%. Net margin FY2021 -497.96%. Net margin FY2022 -50.07%. Net margin FY2023 -0.34%. Net margin FY2024 7.66%. Net margin FY2025 10.37%.

Income trends

Revenue

26.62B USD+6.40%

Operating income

4.48B USD+25.43%

Net income

2.76B USD+44.05%
Income trends across reported periods30.23B USD15.79B USD1.34B USD−13.11B USDRevenue, FY2021: 1.91B USDRevenue, FY2022: 12.17B USDRevenue, FY2023: 21.59B USDRevenue, FY2024: 25.02B USDRevenue, FY2025: 26.62B USDOperating income, FY2021: −7.09B USDOperating income, FY2022: −4.38B USDOperating income, FY2023: 1.96B USDOperating income, FY2024: 3.57B USDOperating income, FY2025: 4.48B USDNet income, FY2021: −9.5B USDNet income, FY2022: −6.09B USDNet income, FY2023: −74M USDNet income, FY2024: 1.92B USDNet income, FY2025: 2.76B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.91B USD. Revenue FY2022 12.17B USD. Revenue FY2023 21.59B USD. Revenue FY2024 25.02B USD. Revenue FY2025 26.62B USD. Operating income FY2021 −7.09B USD. Operating income FY2022 −4.38B USD. Operating income FY2023 1.96B USD. Operating income FY2024 3.57B USD. Operating income FY2025 4.48B USD. Net income FY2021 −9.5B USD. Net income FY2022 −6.09B USD. Net income FY2023 −74M USD. Net income FY2024 1.92B USD. Net income FY2025 2.76B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue26.62B USD25.02B USD21.59B USD12.17B USD1.91B USD
Cost of goods sold18.74B USD15.64B USD14.32B USD11.76B USD4.66B USD
Gross profit7.89B USD9.38B USD7.28B USD412M USD−2.75B USD
Selling, general, and administrative3.4B USD3.25B USD2.95B USD2.52B USD1.89B USD
Operating expenses3.4B USD5.81B USD5.32B USD4.79B USD4.34B USD
Interest income51M USD93M USD233M USD74M USD12M USD
Interest expense1.35B USD1.76B USD2.07B USD1.61B USD1.6B USD
Depreciation and amortization2.79B USD2.56B USD2.37B USD2.28B USD2.23B USD
Operating income4.48B USD3.57B USD1.96B USD−4.38B USD−7.09B USD
Net income2.76B USD1.92B USD−74M USD−6.09B USD−9.5B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$35.80

39.14% upside
Past 12 months12-month forecastHigh $42.00Average $35.80Low $30.00

Rating distribution

47 ratings
Strong buy00%
Buy2860%
Hold1736%
Sell24%
Strong sell00%

Recent analyst actions

12 institutions

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.00

2019 complete year+81.8% since 2015

2026 partial: $0.45

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 7, 2026

$0.15

Quarterly

Record Aug 7, 2026 · Payment Aug 28, 2026

Dividend

Ex-dividend May 18, 2026

$0.15

Quarterly

Record May 18, 2026 · Payment May 29, 2026

Dividend

Ex-dividend Feb 13, 2026

$0.15

Irregular

Record Feb 13, 2026 · Payment Feb 27, 2026

Dividend

Ex-dividend Feb 20, 2020

$0.50

Quarterly

Record Feb 21, 2020 · Payment Mar 13, 2020

Dividend

Ex-dividend Nov 21, 2019

$0.50

Quarterly

Record Nov 22, 2019 · Payment Dec 13, 2019

Dividend

Ex-dividend Aug 22, 2019

$0.50

Quarterly

Record Aug 23, 2019 · Payment Sep 13, 2019

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ETFs holding CCL

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.1B
Weight
0.05%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
939.19M
Weight
0.06%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
750.54M
Weight
0.33%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
404.51M
Weight
0.05%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
330.23M
Weight
0.13%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
Vanguard Morningstar Mid-Cap Growth ETF logoVanguard Morningstar Mid-Cap Growth ETFVOT
Market value
265.21M
Weight
0.79%
AUM
33.5B USD
Expense ratio
0.05%
Price / 1D
$305.46+0.79%
State Street Consumer Discretionary Select Sector SPDR ETF logoState Street Consumer Discretionary Select Sector SPDR ETFXLY
Market value
187.8M
Weight
0.82%
AUM
22.98B USD
Expense ratio
0.08%
Price / 1D
$118.02+1.15%
Invesco S&P 500 Equal Weight ETF logoInvesco S&P 500 Equal Weight ETFRSP
Market value
182.32M
Weight
0.18%
AUM
100.27B USD
Expense ratio
0.20%
Price / 1D
$221.67+0.63%

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