Top Page
Carnival
(LSE:CCL)
Carnival (CCL) vs. iShares MSCI United Kingdom ETF (EWC)
Carnival Business Overview & Revenue Model
Carnival Earnings Call Summary
Carnival Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.43B | 25.02B | 21.59B | 12.17B | 1.91B | 5.59B |
| Gross Profit | 9.07B | 9.38B | 7.28B | 412.00M | -2.75B | -2.65B |
| EBITDA | 6.32B | 6.23B | 4.37B | -2.20B | -5.69B | -7.12B |
| Net Income | 2.05B | 1.92B | -74.00M | -6.09B | -9.50B | -10.24B |
Balance Sheet | ||||||
| Total Assets | 47.71B | 48.28B | 49.12B | 51.70B | 53.34B | 53.59B |
| Cash, Cash Equivalents and Short-Term Investments | 833.00M | 1.21B | 2.42B | 4.03B | 9.14B | 9.51B |
| Total Debt | 28.39B | 28.88B | 31.89B | 35.88B | 34.61B | 28.38B |
| Total Liabilities | 38.53B | 39.03B | 42.24B | 44.64B | 41.20B | 33.04B |
| Stockholders Equity | 9.18B | 9.25B | 6.88B | 7.06B | 12.14B | 20.55B |
Cash Flow | ||||||
| Free Cash Flow | 1.99B | 1.30B | 997.00M | -6.61B | -7.72B | -9.92B |
| Operating Cash Flow | 5.08B | 5.92B | 4.28B | -1.67B | -4.11B | -6.30B |
| Investing Cash Flow | -2.98B | -4.54B | -2.81B | -4.77B | -3.54B | -3.24B |
| Financing Cash Flow | -3.51B | -2.58B | -5.09B | 3.58B | 6.95B | 18.65B |
Carnival Technical Analysis
Carnival Risk Analysis
Carnival Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £4.58B | 9.47 | 18.22% | 1.08% | 2.85% | 61.98% | |
77 Outperform | £28.50B | 13.84 | 30.56% | ― | 8.40% | 172.06% | |
65 Neutral | €21.52B | 12.88 | 7.21% | 3.39% | 0.31% | -40.22% | |
| $5.07B | 7.97 | 29.34% | 0.91% | ― | ― | ||
71 Outperform | £13.19B | 28.15 | -27.16% | 1.14% | 3.55% | -14.32% | |
70 Outperform | £5.11B | 20.74 | 7.40% | 3.02% | 3.75% | -22.77% | |
70 Outperform | £4.06B | 18.50 | 4.92% | 5.96% | -3.22% | -37.21% |
Carnival Corporate Events
Carnival Corporation & plc has announced the pricing of its €1.0 billion 4.125% senior unsecured notes offering, with proceeds aimed at repaying existing borrowings under its senior secured term loan facilities. This strategic move is part of Carnival’s ongoing efforts to deleverage, reduce interest expenses, and simplify its capital structure, thereby enhancing its financial stability and market positioning.
The most recent analyst rating on (GB:CCL) stock is a Sell with a £15.50 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc announced the launch of a private offering of new senior unsecured notes amounting to €1.0 billion, expected to mature in 2031. The proceeds will be used to repay existing debts, enhancing the company’s financial structure and potentially improving its credit profile with investment-grade covenants. This strategic financial move aims to strengthen Carnival’s position in the cruise industry by optimizing its capital structure and addressing its debt obligations, which could have significant implications for its stakeholders.
The most recent analyst rating on (GB:CCL) stock is a Sell with a £12.50 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc has released its joint Quarterly Report on Form 10-Q for the second quarter of 2025, along with the Carnival plc Group’s half-yearly financial report. The reports reveal that Carnival has seen an increase in revenues and operating income compared to the previous year, with a net income of $142 million for the first half of 2025. The financial statements have been prepared under both U.S. GAAP and UK-adopted International Financial Reporting Standards, reflecting the company’s dual listing arrangement. This financial performance indicates a positive trajectory for Carnival, potentially strengthening its position in the cruise industry and offering reassurance to stakeholders about its operational stability.
The most recent analyst rating on (GB:CCL) stock is a Hold with a £1650.00 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc reported record-breaking second quarter 2025 financial results, surpassing its 2026 SEA Change financial targets 18 months ahead of schedule. The company achieved significant improvements in net income, operating income, and customer deposits, driven by strong demand and onboard spending. Carnival also extended its revolver capacity and improved its credit ratings, reflecting its robust financial management. The company’s strategic focus on delivering high-margin revenue growth and enhancing operational efficiency positions it well for future success.
The most recent analyst rating on (GB:CCL) stock is a Sell with a £15.50 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc announced it will hold a conference call on June 24, 2025, to discuss its second quarter financial results. This call is significant for analysts and stakeholders as it will provide insights into the company’s financial performance and potentially impact its market positioning.
The most recent analyst rating on (GB:CCL) stock is a Hold with a £1650.00 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival plc announced its updated voting rights and capital structure as of May 31, 2025. The company has 145,601,779 voting rights available, which shareholders can use to assess their notification obligations under the FCA’s Disclosure and Transparency Rules. This update is crucial for stakeholders to understand their influence and obligations within the company.
The most recent analyst rating on (GB:CCL) stock is a Hold with a £1650.00 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc has successfully closed a $1.0 billion offering of 5.875% senior unsecured notes due 2031, using the proceeds to redeem $993 million of 7.625% senior unsecured notes due 2026. This strategic move aims to reduce interest expenses by over $20 million and manage future debt maturities, reinforcing the company’s financial stability and operational flexibility.
The most recent analyst rating on (GB:CCL) stock is a Hold with a £1650.00 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc announced the pricing of a $1.0 billion offering of 5.875% senior unsecured notes due 2031, aimed at refinancing and reducing interest expenses. The proceeds will be used to redeem $993 million of 7.625% senior unsecured notes due 2026, aligning with the company’s strategy to manage debt maturities and reduce interest expenses by over $20 million annually. This move is expected to enhance the company’s financial flexibility and improve its debt profile, potentially benefiting stakeholders by strengthening Carnival’s market positioning in the cruise industry.
The most recent analyst rating on (GB:CCL) stock is a Hold with a £1650.00 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival Corporation & plc announced the redemption of its existing $993 million 7.625% senior unsecured notes due 2026 and the launch of a new $1.0 billion senior unsecured notes offering expected to mature in 2031. This strategic move aims to reduce interest expenses and manage future debt maturities, potentially strengthening the company’s financial position and providing stability in the cruise industry.
The most recent analyst rating on (GB:CCL) stock is a Hold with a £1650.00 price target. To see the full list of analyst forecasts on Carnival stock, see the GB:CCL Stock Forecast page.
Carnival plc announced that as of April 30, 2025, it has 217,406,012 issued ordinary shares, with 145,601,779 shares carrying voting rights. This information is crucial for shareholders and others with notification obligations under the FCA’s Disclosure and Transparency Rules to determine their interest or changes in their interest in the company.
Carnival Corporation & plc announced the vesting of time-based restricted stock units (TBS RSUs) for Director Josh Weinstein. The transaction involved the vesting of 56,039 common stock shares with a nominal value of $0.01 per share, which were granted on April 8, 2024. Additionally, 22,052 shares were withheld by the company to cover taxes associated with the TBS RSUs. These transactions, conducted off-market, reflect internal financial management and compensation practices, potentially impacting the company’s stock management and tax strategies.
Carnival Corporation & plc announced the partial redemption of $350 million of its $1.4 billion 7.625% senior unsecured notes due 2026, as part of its strategy to deleverage and reduce interest expenses. This move reflects the company’s ongoing efforts to strengthen its financial position, which could positively impact its operations and market standing.
Carnival Corporation & plc announced the grant of unrestricted shares to its non-executive directors under the 2020 Stock Plan. Each director, including Sir Jonathon Band, Jason Glen Cahilly, Nelda J. Connors, Helen Deeble, and Jeffrey J. Gearhart, received shares valued at $195,000, determined by the average closing prices of Carnival’s common stock over ten trading days. This move aligns with Carnival’s strategy to incentivize its leadership and aligns their interests with shareholders, potentially impacting the company’s governance and stakeholder confidence.
Carnival plc has announced its current voting rights and capital structure as of March 31, 2025. The company has a total of 217,406,012 issued ordinary shares, with 145,379,374 shares carrying voting rights. This announcement is crucial for shareholders and stakeholders to assess their notification obligations under the FCA’s Disclosure and Transparency Rules.