NYSE:CCL
Carnival Corp Ltd.
Carnival Corp Ltd.'s revenue grew 6.4% in fiscal 2025 to $26.6B while operating margin rose to 16.8%. Free cash flow was $2.6B, 9.8% of revenue.Summary generated from Carnival Corp Ltd.'s SEC filings. Latest annual report filed Jan 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$26.6B
Revenue growth+6.4%
Revenue, 5-yr CAGR+36.6%
Gross marginn/a
Operating margin16.8%
Net margin10.4%
ROIC12.1%
Return on equity25.6%
Debt / equity2.23
Free cash flow$2.6B
FCF margin9.8%
Share count change+0.3%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1.9 | 12.2 | 21.6 | 25.0 | 26.6 |
| Operating income | −7.1 | −4.4 | 2.0 | 3.6 | 4.5 |
| Net income | −9.5 | −6.1 | −0.1 | 1.9 | 2.8 |
| Free cash flow | −7.7 | −6.6 | 1.0 | 1.3 | 2.6 |
Recent filings
- 10-QQuarterly report for the period ended Aug 31, 2026
Sep 29, 2026 - 8-KResults of operations and financial condition
Sep 29, 2026 - 4Insider transaction report
Aug 26, 2026 - 8-KRegulation FD disclosure
Aug 5, 2026 - 10-QQuarterly report for the period ended May 31, 2026
Jun 26, 2026 - 8-KResults of operations and financial condition
Jun 23, 2026 - 4Insider transaction report
Jun 1, 2026 - 8-KTermination of a material agreement
May 7, 2026