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Friday 6 November 2026 Export CCL’s income statement to Excel — free account

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
0.00%
Free cash flow
−3.26%
Total debt
−9.70%

Quarter to August 2026, against a year earlier

29.59 1.73 −5.52%
Market cap
$39.8B
P/E
12.8×
Fwd P/E
13.1×
Dividend yield
2.03%
F-score
8/9
Altman Z
1.24
Beneish M
−2.69
Dividend safety
56/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Carnival Corporation (CCL) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Carnival Corporation (CCL) trades at a EV/EBITDA of 8.5×. Over the past ten years it has ranged from 0.0× (May 2023) to 52.0× (July 2023); the current reading is higher than 44% of that period. That is below the Travel Services industry median of 13.3× and below the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 7.9× (16.05%)
FY2024 9.5× (9.92%)
FY2023 10.5× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 7.6× (20.85%)
FY2018 9.6× (19.84%)
FY2017 12.0× 23.39%
FY2016 9.7× (12.63%)

Quarterly newest first

Period EV/EBITDA Change
Aug 2026 7.4× (8.69%)
May 2026 8.2× (4.60%)
Feb 2026 8.5× 7.55%
Nov 2025 7.9× (13.41%)
43 more quarters

Against its own ten years

Low 0.0× High 52.0×
Ten-year median 9.0×
Current reading's percentile 44

EV/EBITDA against peers

Company EV/EBITDA
EXPE Expedia Group, Inc. compare 8.2×
CCL Carnival Corporation 8.5×
NCLH Norwegian Cruise Line Holdings Ltd. compare 8.6×
TCOM Trip.com Group Limited Sponsored ADR compare 12.8×
BKNG Booking Holdings Inc. compare 13.3×
RCL Royal Caribbean Cruises Ltd. compare 15.0×
VIK Viking Holdings Ltd. compare 21.1×
ABNB Airbnb, Inc. compare 29.5×
MMYT MakeMyTrip Limited compare 34.8×
Travel Services industry median 13.3×
Consumer Cyclical sector median 9.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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