Revenue segments as reported by the company.

Passenger ticket

Onboard and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling and administrative

Depreciation and amortization

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe and Asia (EA) Cruise Operations segment consists of AIDA, Costa, Cunard, and P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Carnival beats Q1 expectations, eyes growth amid challenges

Carnival (CCL) outperformed in Q1, with strong financial performance and positive outlook for the year
Strategies in place to address challenges, capitalize on strengths, and leverage opportunities for growth
Focus on improving operational efficiency, reducing debt, and enhancing customer experience to drive long-term success
Continued investment in marketing, fleet optimization, and cost management to drive profitability and cash flow

Carnival surpasses 2019 levels, raises guidance amidst industry recovery

Carnival (CCL) delivered strong financial performance in Q2 2023, exceeding 2019 levels and raising guidance for the year.
Strategic initiatives like the SEA Change Program and portfolio optimization are driving sustainability and revenue growth.
While facing challenges like inflationary pressures, the company is well-positioned to capitalize on opportunities in the cruise industry.
With a focus on financial stability, brand strategies, and customer value, Carnival is navigating challenges to drive growth and value creation.

Carnival surpasses Q3 expectations, eyes debt reduction and revenue growth

Carnival's Q3 2023 performance exceeded expectations, with strong financial results and optimistic outlook for 2023 and 2024, driven by robust bookings and revenue growth.
While facing challenges like emissions taxes and debt reduction, the company's focus on operational improvements and market opportunities bodes well for future success.
With a strategic focus on debt reduction, revenue optimization, and customer experience enhancements, Carnival is poised for sustainable growth and financial stability.

Carnival (CCL) reports record Q4 performance and plans brand expansion

Carnival (CCL) delivered strong financial performance in Q4 2023, with record revenues and bookings.
Debt reduction efforts and high liquidity position the company well for future growth and investment.
Challenges include pricing gaps and geopolitical pressures, requiring a focus on safety and cost management.
Opportunities lie in market capture campaigns, onboard revenue growth, and strategic brand expansion plans.

Carnival surpasses Q1 expectations, focuses on sustainable growth and debt reduction

Carnival's Q1 2024 performance exceeded expectations, with strong bookings and yield growth. The company is focused on sustainable revenue growth, debt reduction, and maximizing onboard spending. Opportunities exist in attracting new customers and leveraging investments for pricing power.

Carnival Surpasses Q2 Expectations, Raises Outlook

Carnival Corporation's Q2 2024 earnings highlighted exceptional financial and operational performance with record-breaking metrics in revenues, bookings, and customer deposits. Strategic portfolio management and technological enhancements are set to bolster future growth. The company's focus on refinancing and deleveraging is aimed at sustaining strong free cash flow and improving leverage metrics.

Carnival (CCL) surpasses Q3 expectations, eyes record 2026 performance

Carnival's Q3 2024 performance exceeded expectations, setting a strong base for 2025 and a record start to 2026.
The company is focused on improving financial metrics, attracting new guests, and driving demand growth through marketing efforts.
While challenges like debt reduction persist, Carnival has opportunities to optimize strategic decisions and capitalize on its strong performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Carnival's stock price is up 60% over the past year, but it remains far below its pre-pandemic high. Peer Royal Caribbean's stock is back near pre-pandemic levels.

Here's Why Carnival's Stock Price Is Still in Purgatory

Booking Hlds

MakeMyTrip

Royal Caribbean Cruises

Ryanair Hlds

Travel stocks are rebounding from key levels in the growth 50 list. BKNG, MMYT, CCL, RCL AND RYAAY are on watch ahead of earnings.

Travel Stocks Move In Tandem At This Bullish Chart Level

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The future of the U.S. economy is promising, marked by a robust recovery in the travel sector. In fact, spending and air passenger numbers are exceeding pre-pandemic levels.

3 Stocks Transforming the Travel and Tourism Industry

NEW ORLEANS--(BUSINESS WIRE)--Winn-Dixie celebrates Mardi Gras 2024 with Carnival festivities across the Gulf Coast.

Winn-Dixie celebrates Mardi Gras 2024 with Carnival festivities across the Gulf Coast

Carnival Corp.'s high debt load is one of the biggest risks for investors to consider. The company is committed to paying down its debt this year.

This Could Make or Break Carnival Corp.'s Year in 2024

Carnival stock more than doubled last year, but if you bought before that, you took a big risk. The rebound is mostly done, but Carnival remains an industry-leading stock with a bright future.

Why 2024 Might Be the Best Time to invest in Carnival Stock

Carnival and Royal Caribbean are two of the best-known cruise ship operators. Shares of both industry giants have risen dramatically over the past year.

These 2 Stocks Might Be Getting a Little Too Expensive

Carnival is entering 2024 with its best booked position ever. Profitability is improving and is expected to keep increasing in 2024.

Why Carnival Stock Skyrocketed 130% in 2023

The cruise industry continues to focus on fleet optimization and guest amenities enhancements to drive growth.

Royal Caribbean (RCL) or Carnival (CCL): Which is a Better Stock?

Carnival's SEA Change Program promises substantial returns through targeted improvements in sustainability, EBITDA, and adjusted ROIC. The program reflects Carnival's commitment to transformative growth and operational excellence.

This 3-Year Initiative Could See Big Returns for Long-Term Cruise Stock Investors

Carnival will benefit from lower interest rates in 2024. The company continues to report record quarterly revenue.

Why Carnival Stock Jumped 23% in December

Barclays

Norwegian Cruise Line

The United States economy has pumped out two consecutive quarters of real GDP growth because it is still very positive even after you adjust for inflation. This is good for stocks but better for certain stocks, such as those exposed to the consumer discretionary cycle.

New jobs are churning into these recovering stocks

Enhanced internet capabilities offer elevated connectivity and experience on Seabourn's ultra-luxury ships SEATTLE , Jan. 4, 2024 /PRNewswire/ -- Seabourn , the leader in ultra-luxury voyages and expedition travel, has announced that its fleet of ultra-luxury ships has been equipped with next generation Wi-Fi connectivity with SpaceX's Starlink, the leader in Low Earth Orbit (LEO) satellite technology. The upgraded technology provides Seabourn's guests with faster service, greater connectivity and more reliable Wi-Fi wherever Starlink's services are available.

SEABOURN FLEET NOW EQUIPPED WITH SPACEX'S STARLINK WIFI TECHNOLOGY

Shares of cruise operators were among the worst performers in the S&P 500 SPX, -0.54% to start 2024, after posting record yearly gains in 2023. Norwegian Cruise Line Holdings Ltd.

Cruise stocks pull back after record 2023 gains, led by Norwegian, Royal Caribbean share selloffs

Macquarie has raised its Carnival Corp. CCL, -0.70% price target to $22 from $17, citing the cruise operator's strong fourth-quarter results last month. The company's results “were strong across major metrics and booking strength with higher-than-expected pricing, but costs were sticky,” wrote Macquarie analyst Paul Golding, in the note.

Carnival price target raised to $22 from $17 at Macquarie

Carnival stock massively beat the market in 2023. It's well positioned to get back to historical growth levels going forward.

Can Carnival Stock Continue to Climb in 2024? This Is the Most Important Thing for Investors to Know.

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The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

These 20 stocks soared the most in 2023

Royal Caribbean Cruises Ltd. NYSE: RCL and Carnival Corp. & plc NYSE: CCL are among 2023's top 10 best gainers in the S&P 500, while Norwegian Cruise Line Holdings Ltd.

Cruise lines navigate from worst to first in 2023 surge

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Talk about a strong finish. Investors who hung onto the top S&P 500 stocks this year ended up much richer for the effort.

12 Stocks Turn $10,000 Into $320,800 In 12 Months

Carnival had a strong fiscal 2023. Bookings and customer deposits are at record levels, suggesting a new record in 2024.

3 Reasons Carnival Stock Can Double Again in 2024

Cruise stocks like Royal Caribbean (RCL), Norwegian Cruise (NCLH) and Carnival (CCL) ride on pent-up demand, fleet expansion efforts, and digital performance marketing strategies.

Cruise Smooth Sailing to Continue in 2024: 3 Stocks to Watch

The stock market is set to end the year on a high note, but people holding certain stocks may be happier than the rest of us.

Nvidia, Tesla, and More: These 5 Stocks in the S&P 500 Are Having a Stellar 2023

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While inflation may have been the theme of 2022, disinflation could be the defining label for the outgoing year, thus warranting a closer examination of stocks to buy for lower interest rates. To be sure, you want to be careful about betting too heavily on the monetary policy pivot.

7 Stocks to Buy if the Fed Goes Through With Interest Rate Cuts

Carnival is benefiting from strong demand and record revenue, but it has a huge debt burden. Airbnb has tremendous growth potential, and its network effects can't be ignored.

Forget Carnival Stock: Investors Should Buy This Magnificent Travel Company Instead

News for Carnival Stock (CCL)