Seasonality
CCL seasonality — Carnival Corporation
Over the last 11 years, CCL's strongest month on average has been November (+9.2%) and its weakest March (-10.9%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +3.44% | +2.42% | 50% | +34.2% | -14.4% | 10 |
| Feb | +0.29% | -0.77% | 50% | +43.3% | -23.1% | 10 |
| Mar | -10.86% | -3.21% | 20% | +5.3% | -60.6% | 10 |
| Apr | -0.14% | -0.70% | 50% | +20.7% | -14.4% | 10 |
| May | +3.69% | +2.74% | 60% | +26.6% | -19.8% | 10 |
| Jun | +5.58% | +2.08% | 60% | +67.7% | -37.7% | 10 |
| Jul | -2.97% | +0.76% | 60% | +5.9% | -17.9% | 10 |
| Aug | +1.19% | +3.92% | 60% | +18.7% | -16.0% | 10 |
| Sep | -4.21% | -3.95% | 40% | +12.0% | -25.7% | 10 |
| Oct | +1.64% | -1.08% | 40% | +28.9% | -16.5% | 10 |
| Nov | +9.20% | +7.58% | 67% | +45.7% | -20.5% | 9 |
| Dec | +4.02% | +4.84% | 70% | +23.1% | -18.8% | 10 |
Monthly returns heat map — CCL
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.7 | 5.1 | -18.0 | 2.4 | 5.8 | 1.8 | -2.7 | -14.1 | 2.7 | 17.5 | 2.6 | -3.1% | |
| 2025 | 11.0 | -13.5 | -18.4 | -6.1 | 26.6 | 21.1 | 5.9 | 7.1 | -9.3 | -0.3 | -10.6 | 18.5 | +22.6% |
| 2024 | -10.6 | -4.3 | 3.0 | -9.3 | 1.8 | 24.1 | -11.0 | -1.0 | 12.0 | 19.1 | 15.6 | -2.0 | +34.4% |
| 2023 | 34.2 | -1.9 | -4.4 | -9.3 | 21.9 | 67.7 | 0.1 | -16.0 | -13.3 | -16.5 | 31.4 | 23.1 | +130.0% |
| 2022 | -1.5 | 2.6 | -0.5 | -14.4 | -19.8 | -37.7 | 4.7 | 4.4 | -25.7 | 28.9 | 9.6 | -18.8 | -59.9% |
| 2021 | -13.8 | 43.3 | -0.8 | 5.3 | 5.7 | -10.8 | -17.9 | 11.5 | 3.6 | -11.4 | -20.5 | 14.2 | -7.1% |
| 2020 | -14.4 | -23.1 | -60.6 | 20.7 | -1.0 | 4.3 | -15.5 | 18.7 | -7.9 | -9.7 | 45.7 | 8.4 | -57.4% |
| 2019 | 16.8 | 0.3 | -12.2 | 8.2 | -6.7 | -9.1 | 1.5 | -6.7 | -0.8 | -1.9 | 5.1 | 12.8 | +3.1% |
| 2018 | 7.9 | -6.6 | -2.0 | -3.8 | -1.2 | -8.0 | 3.4 | 3.8 | 3.7 | -12.1 | 7.6 | -18.2 | -25.7% |
| 2017 | 6.4 | 1.0 | 5.3 | 4.8 | 3.7 | 2.3 | 1.9 | 4.0 | -7.1 | 2.8 | -1.1 | 1.1 | +27.5% |
| 2016 | 1.3 |