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NYSE · Consumer discretionary

Carnival Corp Ltd. (CCL)

Carnival Corp Ltd. brought in $27.3B of revenue over the twelve months to May 31, 2026, up 5.2% from a year earlier. Net income was $3.1B, a net margin of 11.2%. Operating cash flow minus capital spending left $2.6B of free cash flow in fiscal 2025. At May 31, 2026 it held $2.2B in cash against $25.6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on June 26, 2026.

Price
$22.25
+2.11% on the day · September 25, 2026
52-week range $21.45 to $34.03
Market cap
$30.5B
Revenue (last 12 months)
$27.3B
+5.2% year on year
Net margin
11.2%
P/E
11.0
on FY2025 diluted EPS

What Carnival Corp Ltd. does

Carnival Corporation operates commercial cruise lines for vacation travelers across the world. It owns and operates several cruise brands, including Carnival Cruise Line, Princess Cruises, and Holland America Line. The company sells passenger voyages, onboard lodging, dining, and entertainment directly to vacationers and through travel agencies. Its shares trade on NYSE under the ticker CCL.

Revenue and profit by year

Revenue
FY18: $18.9B $18.9B FY18FY19: $20.8B $20.8B FY19FY20: $5.6B $5.6B FY20FY21: $1.9B $1.9B FY21FY22: $12.2B $12.2B FY22FY23: $21.6B $21.6B FY23FY24: $25B $25B FY24FY25: $26.6B $26.6B FY25
Net income
FY18: $3.2B $3.2B FY18FY19: $3B $3B FY19FY20: -$10.2B -$10.2B FY20FY21: -$9.5B -$9.5B FY21FY22: -$6.1B -$6.1B FY22FY23: -$74M -$74M FY23FY24: $1.9B $1.9B FY24FY25: $2.8B $2.8B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$26.6B$4.5B$2.8B$2.02$2.6B
2024$25B$3.6B$1.9B$1.44$1.3B
2023$21.6B$2B-$74M-$0.06$997M
2022$12.2B-$4.4B-$6.1B-$5.16-$6.6B
2021$1.9B-$7.1B-$9.5B-$8.46-$7.7B
2020$5.6B-$8.9B-$10.2B-$13.20-$9.9B

Latest SEC filings

What Carnival Corp Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 5, 2026
  2. July 27, 2026
  3. June 26, 2026
    Quarterly report 10-Q · period to May 31, 2026
  4. June 23, 2026
  5. May 29, 2026
  6. May 7, 2026
  7. May 7, 2026
  8. May 7, 2026
  9. May 7, 2026
  10. May 7, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 26, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about CCL

What does Carnival Corp Ltd. do?

Carnival Corporation operates commercial cruise lines for vacation travelers across the world. It owns and operates several cruise brands, including Carnival Cruise Line, Princess Cruises, and Holland America Line. The company sells passenger voyages, onboard lodging, dining, and entertainment directly to vacationers and through travel agencies. Its shares trade on NYSE under the ticker CCL.

Is Carnival Corp Ltd. profitable?

Yes. Over the twelve months to May 31, 2026 it reported net income of $3.1B on revenue of $27.3B, a net margin of 11.2%.

How much revenue does Carnival Corp Ltd. make?

Over the twelve months to May 31, 2026 Carnival Corp Ltd. reported revenue of $27.3B. That is 5.2% more than a year earlier.

When did Carnival Corp Ltd. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on June 26, 2026. It covers the period to May 31, 2026. Its newest filing of any kind is the insider trade from August 26, 2026.

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Where the numbers come from

Financial figures are the values Carnival Corp Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.