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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 |
|---|---|---|---|---|---|---|---|
79 Outperform | £4.55B | 9.45 | 18.22% | 107.53% | 8.69% | -9.09% | |
78 Outperform | $3.41B | 7.88 | 29.72% | 89.99% | 18.05% | 16.71% | |
77 Outperform | £5.64B | 22.81 | 7.40% | 299.11% | -1.28% | -11.17% | |
71 Outperform | £13.26B | 28.31 | -27.16% | 0.01% | 3.55% | -14.32% | |
70 Outperform | £3.93B | 17.88 | 4.92% | 852.25% | -3.22% | -37.21% | |
66 Neutral | £29.45B | 14.49 | 30.56% | ― | 8.40% | 172.06% | |
64 Neutral | £1.74B | 10.45 | 6.12% | 255.82% | 0.55% | -33.64% |
Carnival Corporate Events
Carnival Corporation & plc has announced the upsizing and pricing of a $3.0 billion offering of 5.75% senior unsecured notes due 2032. The proceeds from this offering will be used to repay existing borrowings and redeem $2.4 billion of senior unsecured notes due 2027. This move is part of Carnival’s strategy to deleverage and manage future debt maturities, positioning the company to reduce its secured debt and potentially improve its credit ratings, which could have positive implications for stakeholders.
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 June 30, 2025, with 217,406,012 issued ordinary shares, of which 145,601,779 carry voting rights. This update is crucial for shareholders and stakeholders to understand their notification obligations under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in 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 announced a private offering of new senior unsecured notes totaling $2.0 billion, set to mature in 2032. The proceeds will be used to repay existing debt and manage future debt maturities, aiming to reduce secured debt. This strategic financial move is expected to strengthen Carnival’s financial position by partially redeeming $1.4 billion of its 2027 unsecured notes, contingent on the closing of the notes offering. The offering is targeted at qualified institutional buyers and non-U.S. investors, highlighting Carnival’s focus on financial restructuring to enhance its market standing.
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 senior unsecured notes offering, with the proceeds aimed at repaying borrowings under its senior secured term loan facilities. This strategic financial move is part of Carnival’s ongoing efforts to deleverage, reduce interest expenses, and simplify its capital structure, as it edges closer to achieving an investment-grade credit rating. The notes, due in 2031, will pay an annual interest of 4.125% and are guaranteed by Carnival Corporation and its subsidiaries. This transaction underscores Carnival’s proactive approach to capital market engagement, which is expected to strengthen its financial standing 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 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.