Pricing Log in Create free account
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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Carnival Corporation (CCL) trades at a P/S ratio of 1.3×. Over the past ten years it has ranged from 0.3× (April 2020) to 250× (June 2021); the current reading is higher than 29% of that period. That is below the Travel Services industry median of 2.7× and above the Consumer Cyclical sector median of 0.7×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 1.3× (3.43%)
FY2024 1.3× 50.34%
FY2023 0.9× (8.60%)
FY2022 1.0× (90.71%)
FY2021 10.4× 274.72%
FY2020 2.8× 87.75%
FY2019 1.5× (34.89%)
FY2018 2.3× (16.36%)
FY2017 2.7× 15.82%
FY2016 2.3× (6.46%)

Quarterly newest first

Period P/S ratio Change
Aug 2026 1.2× (15.23%)
May 2026 1.4× (6.55%)
Feb 2026 1.5× 16.57%
Nov 2025 1.3× (18.07%)
43 more quarters

Against its own ten years

Low 0.3× High 250×
Ten-year median 1.9×
Current reading's percentile 32

P/S ratio against peers

Company P/S ratio
NCLH Norwegian Cruise Line Holdings Ltd. compare 0.7×
CCL Carnival Corporation 1.3×
EXPE Expedia Group, Inc. compare 2.2×
TCOM Trip.com Group Limited Sponsored ADR compare 2.6×
RCL Royal Caribbean Cruises Ltd. compare 4.0×
MMYT MakeMyTrip Limited compare 4.3×
BKNG Booking Holdings Inc. compare 4.4×
VIK Viking Holdings Ltd. compare 5.3×
ABNB Airbnb, Inc. compare 7.8×
Travel Services industry median 2.7×
Consumer Cyclical sector median 0.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on CCL