NYSE · Leisure

Carnival Corporation Ltd. (CCL) Stock

$26.11 -3.58% NYSE: CCL Consumer Cyclical

Valuation

MetricValue
Price$26.11
Market Cap$35.11B
P/E Ratio9.63
P/B Ratio2.37
P/S Ratio1.12
EPS (TTM)$0.00
52-Week High$34.03
52-Week Low$21.45
Dividend Yield2.70%

Financials & Margins

MetricValue
ROE24.45%
ROA5.88%
ROCE11.50%
Gross Margin16.84%
Operating Margin16.84%
Net Margin11.24%
Debt/Equity2.02
Current Ratio0.33

Annual Financials (USD)

Metric20212022202320242025
Revenue$1.9B$12.2B$21.6B$25.0B$26.6B
Operating Profit$-7.1B$-4.4B$2.0B$3.6B$4.5B
Net Profit$-9.5B$-6.1B$-74.0M$1.9B$2.8B
EPS$-8.46$-5.16$-0.06$1.44$2.02
Op Margin-371.5%-36.0%9.1%14.3%16.8%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$53.3B$51.7B$49.1B$49.1B$51.7B
Total Liabilities$41.2B$44.6B$42.2B$39.8B$39.4B
Cash$8.9B$4.0B$2.4B$1.2B$1.9B
Borrowings$34.6B$35.9B$31.9B$28.9B$28.0B

Latest News

Holland America Line Reveals Zuiderdam as Next Ship in Evolution, Set for Major Transformation PR Newswire · Jul 14, 2026 Is Carnival's Alaska Business Emerging as a Key Growth Driver? Zacks · Jul 13, 2026 RCL Stock Trades at a Discount: Should Investors Buy, Sell or Hold It? Zacks · Jul 13, 2026 Stocks making big moves this week: Lazard, Cloudflare, DigitalOcean, Sonos, and Carnival StockStory · Jul 10, 2026 CARNIVAL UNVEILS CARNIVAL DESTINY AS ITS NEWEST SHIP AND FIRST SHIP IN NEXT-GENERATION ACE CLASS PR Newswire · Jul 10, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-4.1B$-1.7B$4.3B$5.9B$6.2B
Investing Cash Flow$-7.2B$-9.7B$-6.1B$-9.2B$-6.9B
Financing Cash Flow$-137.0M$-147.0M$-195.0M$-243.0M$-261.0M
Net Cash Flow$-716.0M$-2.9B$-3.6B$-1.2B$718.0M
Free Cash Flow$-7.7B$-6.6B$997.0M$1.3B$2.6B

Valuation & Return Ratios

MetricValue
PEG Ratio0.46
EV / EBITDA7.60
FCF Yield10.50%
Quick Ratio0.29
Interest Coverage3.76
Return 1Y-9.70%
Return 3Y132.19%
Return 5Y19.76%

Ownership

Insiders Held7.11%
Institutions Held65.80%
Institutions Float Held70.83%
Institutional HolderSharesReport Date
Blackrock Inc.89,979,4062026-03-31
Vanguard Capital Management LLC73,474,1072026-03-31
Vanguard Portfolio Management LLC54,775,9452026-03-31
State Street Corporation50,238,5252026-03-31
Causeway Capital Management LLC37,096,5932026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
LINDLindblad Expeditions Holdings Inc. $34.24 -2.87% -95.07 $2.25B 0.00%
NCLHNorwegian Cruise Line Holdings Ltd. $15.10 -2.83% 8.75 $6.93B 0.00%
RCLRoyal Caribbean Cruises Ltd. $276.48 -3.37% 14.92 $73.95B 2.47%
VIKViking Holdings Ltd $82.24 -3.25% 26.59 $36.73B 0.00%

About Carnival Corporation Ltd.

Carnival Corporation Ltd. is led by CEO Joshua Ian Weinstein, employs 160,000 people, headquartered in Miami, US, publicly traded since 1987.

Carnival Corporation Ltd. (CCL) stock trades at $26.11 with a market capitalization of $35.11B. The stock is valued at a price-to-earnings (P/E) ratio of 9.63, price-to-book of 2.37, price-to-sales of 1.12. Over the past 52 weeks the stock has ranged between $21.45 and $34.03, and currently trades 23.3% below its 52-week high. It pays a dividend yielding 2.70%.

On profitability, Carnival Corporation Ltd. generates a return on equity (ROE) of 24.45%, above the typical market range of roughly 12-15%, return on capital employed of 11.50%, an operating margin of 16.84%, a net profit margin of 11.24%.

In its most recent fiscal year, Carnival Corporation Ltd. reported annual revenue of $26.6B, net profit of $2.8B. Revenue grew at an average annual rate of 36.6% over the last 5 fiscal years.

The balance sheet shows a debt-to-equity ratio of 2.02 (debt more than twice shareholders' equity), a current ratio of 0.33, total assets of $51.7B, $1.9B in cash and equivalents.

CCL has an average daily trading volume of 21,803,719 shares, a beta of 2.31 (historically more volatile than the overall market).

Carnival Corporation Ltd. by the numbers, 2016–2025

Between 2016 and 2025 Carnival Corporation Ltd. reported revenue of $16.4B rising to $26.6B, a change of +62.4% across 10 years. Compounded, revenue has grown 36.6% a year over five years, 29.8% over three, 6.4% over the last twelve months. Net profit held roughly flat to $2.8B.

Operating margin went from 18.7% in 2016 to 16.8% in 2025, a fall of 1.9 percentage points. The most recent net margin is 11.24%. On a trailing twelve-month basis to Jun '26, revenue is $27.3B and net profit $3.1B.

Borrowings rose from $9.4B to $28.0B, cash on hand is $2.2B, cash from operations was $6.2B in the latest year, positive in 7 of the last 10.

Return on equity has averaged -24.5% over five years, and was 22.5% in the most recent year.

The share price itself has compounded at —% a year over five years, 22.7% over three, 12.3% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Carnival Corporation Ltd. (CCL) — frequently asked questions

What is Carnival Corporation Ltd. (CCL) stock price today?

Carnival Corporation Ltd. (CCL) is currently trading at $26.11, down 3.58% today.

What is CCL P/E ratio?

Carnival Corporation Ltd.'s P/E ratio is 9.63. This is below the typical market average of roughly 18-22x. A low P/E can reflect a lower valuation, slower expected growth, or both.

What is CCL return on equity (ROE)?

Carnival Corporation Ltd.'s return on equity (ROE) is 24.45%. ROE measures net income relative to shareholders' equity. This is above the typical market range of roughly 12-15%.

What is Carnival Corporation Ltd.'s market cap?

Carnival Corporation Ltd. has a market capitalization of $35.11B.

Does CCL pay a dividend?

Yes. Carnival Corporation Ltd. currently yields 2.70%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does CCL carry?

Carnival Corporation Ltd. has a debt-to-equity ratio of 2.02. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is CCL's profit margin?

Carnival Corporation Ltd. reports a net profit margin of 11.24% — the share of revenue left after every cost, including tax and interest.

What sector is CCL in?

Carnival Corporation Ltd. is classified under Consumer Cyclical, in the Leisure industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is CCL listed on?

Carnival Corporation Ltd. trades on NYSE under the ticker CCL.

What is CCL's 52-week range?

Over the last year Carnival Corporation Ltd. has traded between $21.45 and $34.03.

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Screens CCL currently matches

On the figures above, Carnival Corporation Ltd. passes the filters for 22 of our ready-made screens, among them Low PE Stocks, Undervalued Large Cap Stocks, Undervalued Dividend Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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