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Carnival
(LSE:CCL)
Carnival (CCL) vs. S&P 500 (SPY)
Carnival Business Overview & Revenue Model
Carnival Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 25.02B | 21.59B | 12.17B | 1.91B | 5.59B | Gross Profit |
| 9.38B | 7.28B | 412.00M | -2.75B | -2.65B | EBIT |
| 3.57B | 1.96B | -4.38B | -7.09B | -8.87B | EBITDA |
| 6.23B | 4.37B | -2.20B | -5.69B | -7.12B | Net Income Common Stockholders |
| 1.92B | -74.00M | -6.09B | -9.50B | -10.24B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.21B | 2.42B | 4.03B | 9.14B | 9.51B | Total Assets |
| 48.28B | 49.12B | 51.70B | 53.34B | 53.59B | Total Debt |
| 28.88B | 31.89B | 35.88B | 34.61B | 28.38B | Net Debt |
| 27.67B | 29.48B | 31.85B | 25.67B | 18.87B | Total Liabilities |
| 39.03B | 42.24B | 44.64B | 41.20B | 33.04B | Stockholders Equity |
| 9.25B | 6.88B | 7.06B | 12.14B | 20.55B |
| Cash Flow | Free Cash Flow | |||
| 1.30B | 997.00M | -6.61B | -7.72B | -9.92B | Operating Cash Flow |
| 5.92B | 4.28B | -1.67B | -4.11B | -6.30B | Investing Cash Flow |
| -4.54B | -2.81B | -4.77B | -3.54B | -3.24B | Financing Cash Flow |
| -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 |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.57B | 7.11 | 29.34% | 1.04% | 18.05% | 16.71% | |
78 Outperform | $3.89B | 8.53 | 15.85% | 2.17% | 13.93% | 40.22% | |
68 Neutral | £12.58B | 5.63 | 58.10% | 0.77% | 6.07% | 0.66% | |
67 Neutral | £19.06B | 11.35 | 25.36% | ― | 10.73% | 418.37% | |
61 Neutral | $6.55B | 11.72 | 3.07% | 4.01% | 2.66% | -21.27% | |
57 Neutral | £191.81M | ― | -127.10% | ― | -20.62% | -44.64% |
Carnival Earnings Call Summary
Carnival Corporate Events
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.
Spark’s Take on GB:CCL Stock
According to Spark, TipRanks’ AI Analyst, GB:CCL is a Neutral.
Carnival’s stock score is bolstered by strong financial recovery and a positive outlook from the latest earnings call. The company’s ability to generate cash flow and manage debt is a significant strength, although high leverage remains a concern. Technical indicators suggest caution due to bearish trends, but favorable valuation metrics provide balance.
To see Spark’s full report on GB:CCL stock, click here.
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.
Spark’s Take on GB:CCL Stock
According to Spark, TipRanks’ AI Analyst, GB:CCL is a Neutral.
Carnival’s stock score is buoyed by strong financial recovery and positive outlook from the earnings call. The company’s ability to generate cash flow and manage debt is a significant strength, though the high leverage remains a concern. Technical indicators suggest caution due to bearish trends, but favorable valuation metrics provide a balanced perspective.
To see Spark’s full report on GB:CCL stock, click here.
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.
Spark’s Take on GB:CCL Stock
According to Spark, TipRanks’ AI Analyst, GB:CCL is a Neutral.
Carnival’s stock score is buoyed by strong financial recovery and positive outlook from the earnings call. The company’s ability to generate cash flow and manage debt is a significant strength, though the high leverage remains a concern. Technical indicators suggest caution due to bearish trends, but favorable valuation metrics provide a balanced perspective.
To see Spark’s full report on GB:CCL stock, click here.
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.
Carnival Corporation & plc announced the filing of its joint Quarterly Report on Form 10-Q for the first quarter of 2025, revealing unaudited consolidated financial statements prepared in accordance with U.S. GAAP. The report highlights a net loss of $78 million for the quarter, an improvement from the $214 million loss in the same period last year, indicating a gradual recovery in operations. The company’s operating income increased to $543 million from $276 million, reflecting a positive trend in revenue generation and cost management, despite challenges in nonoperating expenses. This financial update is crucial for stakeholders as it demonstrates Carnival’s ongoing efforts to stabilize its financial position and enhance its industry standing.
Carnival Corporation & plc reported record-setting financial results for the first quarter of 2025, with revenues reaching $5.8 billion and operating income nearly doubling from the previous year. The company also announced an improved outlook for the full year, driven by strong demand and successful refinancing efforts that reduced debt and interest expenses. The company is on track to achieve its 2026 financial targets a year early, reflecting its robust market positioning and strategic management.
Carnival Corporation & plc has announced a conference call scheduled for March 21, 2025, to discuss its first quarter financial results. This event is significant for stakeholders as it provides insights into the company’s financial health and strategic direction, potentially impacting its market position and investor confidence.
Carnival Corporation & plc has announced the submission of its 2024 Annual Report to the National Storage Mechanism, making it available for public inspection. This move underscores the company’s commitment to transparency and provides stakeholders with insights into its financial performance and strategic direction.
Carnival Corporation & plc announced several transactions involving its common stock, related to the vesting of various restricted stock units as part of its 2020 Stock Plan. These transactions include the vesting of management incentive, performance-based, and time-based restricted stock units, as well as shares withheld to cover associated taxes. Such transactions are part of the company’s efforts to align management incentives with shareholder interests, which could impact stockholder value and executive compensation.
Carnival Corporation & plc announced the redemption of its $1.0 billion 10.500% senior unsecured notes due 2030 and the launch of a new senior unsecured notes offering to reduce interest expenses. This strategic move aims to refinance existing debt, thereby potentially improving the company’s financial flexibility and lowering costs, which could have positive implications for its market positioning and stakeholders.
Carnival Corporation & plc has successfully closed a $2.0 billion senior unsecured notes offering at an interest rate of 6.125%, set to mature in 2033. The proceeds from this offering, combined with cash reserves, were utilized to redeem $2.03 billion worth of 10.375% senior priority notes due 2028, resulting in a significant reduction in annual interest expenses by over $80 million and a streamlined capital structure for the company, reflecting a strategic move to enhance financial efficiency and manage future debt obligations.
P&O Cruises announced a record-breaking January, experiencing its highest ever sales volume and an unprecedented number of new bookings, particularly for Norwegian fjords and Caribbean destinations. The company attributes this success to its new TV campaign and notes a trend of guests opting for more luxurious accommodations. In response to this demand, P&O Cruises has introduced limited-time offers, including extra onboard spending money and discounts on drinks packages, aimed at encouraging further bookings and enhancing customer experience.
Carnival plc, in alignment with the FCA’s Disclosure and Transparency Rules, reported its voting rights and share capital status as of January 31, 2025. The company has 217,406,012 issued ordinary shares, with 29,718,429 held in treasury and 144,811,311 voting rights available. This update provides shareholders with the necessary information to comply with notification obligations under regulatory rules.