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    C

    Carnival Corporation (CCL)

    Official site

    CONSUMER CYCLICAL • TRAVEL SERVICES • NYSE

    $26.43
    +0.46 (+1.77%)

    Market Cap: $35.58B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    73%(29/40)
    Avg Surprise
    +27.49%
    Streak
    16 Q

    Upcoming Estimates

    Period ending Nov 30, 2026
    EPS Consensus$0.39
    Range$0.30 - $0.47
    26 analysts
    Revenue Consensus
    $6.5B
    Range$6.4B - $6.7B
    22 analysts
    Period ending Feb 28, 2027
    EPS Consensus$0.11
    Range$0.03 - $0.19
    10 analysts
    EPS Revisions
    1
    0
    7d
    4
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.19-41.0%
    60d ago$0.20-44.4%
    30d ago$0.20-44.4%
    7d ago$0.16-28.7%
    Current$0.11
    Revenue Consensus
    $6.3B
    Range$6.2B - $6.4B
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Feb 27EST
    		-$0.11---
    Nov 26EST
    		-$0.39---
    Aug 26
    Reported Sep 29
    		$1.43$1.36+5.15%Beat+0.0%
    May 26
    Reported Jun 23
    		$0.41$0.35+17.14%Beat+17.1%
    Feb 26
    Reported Mar 27
    		$0.20$0.18+11.11%Beat+53.8%
    Nov 25
    Reported Dec 19
    		$0.34$0.25+36.00%Beat+142.9%
    Aug 25
    Reported Sep 29
    		$1.43$1.32+8.33%Beat+12.6%
    May 25
    Reported Jun 24
    		$0.35$0.24+45.83%Beat+218.2%
    Feb 25
    Reported Mar 21
    		$0.13$0.02+550.00%Beat+192.9%
    Nov 24
    Reported Dec 20
    		$0.14$0.07+100.00%Beat+300.0%
    Aug 24
    Reported Sep 30
    		$1.27$1.15+10.43%Beat+47.7%
    May 24
    Reported Jun 25
    		$0.11$-0.02+650.00%Beat+135.5%
    Feb 24
    Reported Mar 27
    		$-0.14$-0.18+22.22%Beat+74.5%
    Nov 23
    Reported Dec 21
    		$-0.07$-0.13+46.15%Beat+91.8%
    Aug 23
    Reported Sep 29
    		$0.86$0.74+16.22%Beat+248.3%
    May 23
    Reported Jun 26
    		$-0.31$-0.34+8.82%Beat+81.1%
    Feb 23
    Reported Mar 27
    		$-0.55$-0.60+8.33%Beat+66.9%
    Nov 22
    Reported Dec 21
    		$-0.85$-0.89+4.49%Beat+50.6%
    Aug 22
    Reported Sep 30
    		$-0.58$-0.14-314.29%Miss+66.9%
    May 22
    Reported Jun 24
    		$-1.64$-1.14-43.86%Miss+8.9%
    Feb 22
    Reported Mar 22
    		$-1.66$-1.25-32.80%Miss+7.3%
    Nov 21
    Reported Dec 20
    		$-1.72$-1.49-15.44%Miss+16.5%
    Aug 21
    Reported Sep 30
    		$-1.75$-1.46-19.86%Miss+20.1%
    May 21
    Reported Jun 28
    		$-1.80$-1.61-11.80%Miss+45.5%
    Feb 21
    Reported Apr 7
    		$-1.79$-1.54-16.23%Miss-913.6%
    Nov 20
    Reported Jan 26
    		$-2.06$-1.95-5.64%Miss-432.3%
    Aug 20
    Reported Oct 8
    		$-2.19$-2.03-7.88%Miss-183.3%
    May 20
    Reported Jul 10
    		$-3.30$-1.76-87.50%Miss-600.0%
    Feb 20
    Reported Apr 3
    		$0.22$0.32-31.25%Miss-55.1%
    Nov 19
    Reported Dec 20
    		$0.62$0.51+21.57%Beat-11.4%
    Aug 19
    Reported Sep 26
    		$2.63$2.54+3.54%Beat+11.4%
    May 19
    Reported Jun 20
    		$0.66$0.61+8.20%Beat-2.9%
    Feb 19
    Reported Mar 26
    		$0.49$0.44+11.36%Beat-5.8%
    Nov 18
    Reported Dec 20
    		$0.70$0.70+0.00%Beat+11.1%
    Aug 18
    Reported Sep 27
    		$2.36$2.32+1.72%Beat+3.1%
    May 18
    Reported Jun 25
    		$0.68$0.59+15.25%Beat+30.8%
    Feb 18
    Reported Mar 22
    		$0.52$0.43+20.93%Beat+36.8%
    Nov 17
    Reported Dec 19
    		$0.63$0.51+23.53%Beat-6.0%
    Aug 17
    Reported Sep 26
    		$2.29$2.20+4.09%Beat-
    May 17
    Reported Jun 22
    		$0.52$0.48+8.33%Beat-
    Feb 17
    Reported Mar 28
    		$0.38$0.34+11.76%Beat-
    Nov 16
    Reported Dec 20
    		$0.67$0.58+15.52%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.27%
    Forward Annual Dividend$0.60
    Payout Ratio19.23%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug
    CCL dividend history and ex-dividend datesRun CCL in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio11.11EV/EBITDA7.90x
    Price/FCF11.19xFCF Yield8.94%
    Profitability
    Profit Margin11.40%Operating Margin26.40%
    ROE24.00%ROIC11.34%
    Financial Health
    Debt/Equity1.69xInterest Coverage3.52x
    Current Ratio0.27xQuick Ratio0.23x
    Trading Statistics
    Beta2.38Avg Volume25.84M
    52-Week High$33.4952-Week Low$21.45

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$26.21
    SMA 20$24.56
    SMA 50$24.93
    SMA 200$27.13
    EMA 10$25.92
    EMA 20$25.22
    EMA 50$25.12
    EMA 200$26.27

    MACD

    Line: 0.69Signal: 0.42Hist: 0.26

    ADX

    ADX: 33.1+DI: 29.7-DI: 17.7

    Aroon & PSAR

    Aroon Up88.0
    Aroon Down40.0
    PSAR$24.83

    Bollinger Bands

    Upper Band$28.49
    Lower Band$20.64
    %B Position3199%(Upper)
    Band Width0.74

    RSI (14-Day)

    Neutral
    61.5

    Momentum Oscillators

    Stoch %K90.6
    Stoch %D92.1
    Williams %R-8.6
    ROC (10d)5.4%
    Momentum1.36
    CCI (20d)69.3
    MFI (14d)77.7

    Volatility Measures

    ATR (14d)$0.84(3.2%)
    StdDev (20d)1.96
    Hist Vol55.0%(High)

    Volume Flow

    VWAP$26.31
    OBV129.4M
    AD Line-2.3B
    CMF (20d)0.065

    Volume Metrics

    Avg Vol (20d)26.2M
    Vol Ratio0.7x
    VWMA (20d)$24.31

    Pivot Points

    R3$27.18
    R2$26.86
    R1$26.41
    Pivot Point$26.09
    S1$25.64
    S2$25.32
    S3$24.87

    Advanced Oscillators

    TSI20.46
    Ultimate Osc58.5
    KST93.34

    Financial Data

    QuarterAug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024Aug 2024May 2024Feb 2024Nov 2023
    Total Revenue$8.44B$6.66B$6.17B$6.33B$8.15B$6.33B$5.81B$5.94B$7.90B$5.78B$5.41B$5.40B
    Cost of Revenue$615.00M$595.00M$397.00M$5.41B$451.00M$2.29B$465.00M$5.32B$4.30B$3.80B$2.22B$6.62B
    Gross Profit$7.82B$6.07B$5.77B$923.00M$7.70B$4.04B$5.34B$621.00M$3.59B$1.98B$3.19B$-1,221,000,000
    Operating Expenses$5.60B$5.22B$5.16B$188.00M$5.43B$3.10B$4.80B$61.00M$1.41B$1.42B$2.91B$-1,605,000,000
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$834.00M$863.00M$924.00M$959.00M$779.00M$816.00M$848.00M$887.00M$763.00M$789.00M$813.00M$789.00M
    Operating Income$2.22B$851.00M$607.00M$735.00M$2.27B$934.00M$543.00M$560.00M$2.18B$560.00M$276.00M$384.00M
    Interest Income$17.00M$12.00M$12.00M$17.00M$15.00M$12.00M$7.00M$16.00M$19.00M$25.00M$33.00M$49.00M
    Interest Expense$308.00M$285.00M$291.00M$356.00M$428.00M$345.00M$629.00M$403.00M$444.00M$483.00M$504.00M$466.00M
    Income Before Tax$1.94B$555.00M$280.00M$404.00M$1.86B$585.00M$-68,000,000$290.00M$1.74B$96.00M$-214,000,000$-39,000,000
    Income Tax Expense$16.00M$17.00M$17.00M$-18,000,000$6.00M$17.00M$7.00M$-14,000,000$8.00M$5.00M$0$10.00M
    Net Income$1.92B$539.00M$263.00M$421.00M$1.85B$568.00M$-75,000,000$303.00M$1.74B$92.00M$-214,000,000$-48,000,000
    EBITDA$3.01B$1.58B$1.28B$1.50B$3.02B$1.64B$1.24B$1.37B$2.85B$1.22B$907.00M$1.01B
    EBIT$2.23B$828.00M$560.00M$745.00M$2.27B$918.00M$555.00M$678.00M$2.17B$553.00M$258.00M$375.00M
    * Some calculated fields are derived from available data when not provided by source

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    CCL Valuation and Fair Value

    P/E
    11.1x
    Forward P/E
    8.4x
    EV/EBITDA
    7.9x
    P/FCF
    11.2x
    PEG
    0.8x
    P/B
    2.5x
    See GNG's fair value

    CCL Profitability: Margins, ROIC and FCF

    Gross margin
    74.6%
    Operating margin
    26.4%
    Net margin
    11.4%
    ROIC
    11.3%
    ROE
    24.0%
    FCF margin
    11.5%
    FCF yield
    8.9%

    CCL Competitors

    CompanyTicker
    JD.com Inc AdrJD
    Expedia Group Inc.EXPE
    Viking Holdings LtdVIK
    Restaurant Brands International IncQSR
    Chipotle Mexican Grill IncCMG
    Williams-Sonoma IncWSM
    DR Horton IncDHI
    SharkNinja, Inc.SN

    Sector: Consumer Cyclical

    CCL Analyst Ratings

    Consensus
    Buy
    Analysts
    29
    Strong Buy
    6
    Buy
    18
    Hold
    5
    Sell
    0
    Strong Sell
    0

    CCL Bull Case vs Bear Case

    Bull case

    • CCL beat EPS estimates in 100.0% of its last 8 reported quarters.
    • 82.8% of CCL's analyst ratings are Buy or Strong Buy.

    CCL Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    96.7%
    EPS estimate (fiscal period ending Nov 30, 2026)
    $0.39

    CCL Dividend

    Forward yield
    2.3%
    Payout ratio
    19.2%
    Pay months
    Feb, May, Aug
    CCL dividend history

    Frequently Asked Questions About CCL

    What is CCL's current dividend yield?

    Carnival Corporation (CCL) has a forward dividend yield of 2.27%.

    Does CCL pay dividends?

    Yes, Carnival Corporation pays dividends with a forward dividend yield of 2.27%.

    What is CCL's P/E ratio?

    Carnival Corporation has a price-to-earnings (P/E) ratio of 11.11.

    What is CCL's market cap?

    Carnival Corporation (CCL) has a market capitalization of $35.58B with a current stock price of $26.43.

    Related stocks

    Sector: Consumer Cyclical

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