Carnival Corporation

CCL Consumer Cyclical Travel Services

Carnival Corporation’s revenue for fiscal 2025 (year ended November 2025) was $26.6 billion, up 6.40% from fiscal 2024.

Revenue
+3.46%
EPS
+0.06%
Free cash flow
−3.26%
Total debt
−9.70%

Quarter to August 2026, against a year earlier

28.83 0.01 −0.03%
Market cap
$38.8B
P/E
12.5×
Fwd P/E
13.1×
Dividend yield
2.07%
F-score
8/9
Altman Z
1.24
Beneish M
−2.69
Dividend safety
56/100

Carnival Corporation 10-Q filed Jun 26, 2026

Fiscal Q2 2026 · Period ended May 31, 2026 · Filed · accepted 10:13 AM ET · Document on sec.gov · Filing index

Red flags

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Mar 27, 2026: 43 added · 17 removed · 32 modified; 25 with only figures updated; 1 moved without change

  1. Removed · Cautionary Note Concerning Factors That May Affect Future Results

    •We may not successfully complete the proposed unification of our dual listed company (“DLC”) structure and the migration of Carnival Corporation’s legal incorporation to Bermuda, or, if we do, we may not realize the anticipated benefits and will be subject to Bermuda law, which differs in some respects compared to our current jurisdictions.