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Saturday 17 October 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. In the quarter to August 2026, revenue grew 3.46%, EPS was flat, free cash flow fell 3.26% and total debt fell 9.70%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years, operating cash flow growth for five.

25.89 0.57 −2.15%
Market cap
$35.6B
P/E
11.2×
Fwd P/E
12.3×
Dividend yield
1.74%
F-score
8/9
Altman Z
1.24
Beneish M
−2.69
Dividend safety
56/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Carnival Corporation (CCL) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Carnival Corporation (CCL) trades at a P/E ratio of 11.2×. Over the past ten years it has ranged from 0.0× (February 2024) to 53.7× (March 2024); the current reading is higher than 42% of that period. That is below the Travel Services industry median of 17.3× and below the Consumer Cyclical sector median of 17.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.3× (28.74%)
FY2024 17.3× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 10.3× (23.99%)
FY2018 13.5× (25.86%)
FY2017 18.2× 33.35%
FY2016 13.7× (38.85%)

Quarterly newest first

Period P/E ratio Change
Aug 2026 10.3× (13.19%)
May 2026 11.9× (3.96%)
Feb 2026 12.4× 0.42%
Nov 2025 12.3× (20.35%)
43 more quarters

Against its own ten years

Low 0.0× High 53.7×
Ten-year median 12.6×
Current reading's percentile 17

P/E ratio against peers

Company P/E ratio
TCOM Trip.com Group Limited Sponsored ADR compare 7.7×
NCLH Norwegian Cruise Line Holdings Ltd. compare 9.0×
CCL Carnival Corporation 11.2×
RCL Royal Caribbean Cruises Ltd. compare 17.1×
EXPE Expedia Group, Inc. compare 17.3×
BKNG Booking Holdings Inc. compare 18.0×
VIK Viking Holdings Ltd. compare 27.5×
ABNB Airbnb, Inc. compare 38.9×
MMYT MakeMyTrip Limited compare 133×
Travel Services industry median 17.3×
Consumer Cyclical sector median 17.3×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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