Carnival Corporation (CCL)

NYSE Consumer Discretionary Hotels, Resorts & Cruise Lines S&P 500
$29.58
-0.01 (-0.03%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W+2.6%
1M+13.2%
3M+6.6%
6M+12.1%
YTD-3.1%
1Y+10.0%
3Y+161.8%
5Y+33.5%

Key statistics

Full financials →
Market cap$39.8B
P/E (TTM)12.9
EPS (TTM, diluted)$2.29
P/S1.44
P/B2.80
EV / EBITDA8.5
Revenue (TTM)$27.59B
Revenue growth+5.2%
Net margin11.4%
ROE22.1%
Debt / equity1.69
FCF yield8.0%
Dividend yield1.52%
Payout ratio20%
Beta (1Y)1.99
Volatility (1Y)48.9%
52-week range$21.45 – $34.03
Avg volume (50D)23.12M

Revenue & net income — last 8 quarters

Statements →
Nov 4, 8:08 AM ET

Carnival establishes $2.0 billion commercial paper program for short-term borrowing

Neutral financing 1.012.03

Carnival Corporation established a commercial paper program on November 3, 2026, allowing it to issue short-term, unsecured notes with an aggregate outstanding limit of $2.0 billion. The notes carry maturities of up to 180 days and are guaranteed by Carnival UK Ltd., with proceeds expected for general corporate purposes. The filing gives no pricing, usage amounts, or changes to earnings, so the program's direct effect on shareholders depends on how much the company borrows under it.

  • Program allows notes outstanding of up to $2.0 billion at any time, with amounts that can be borrowed, repaid and re-borrowed.
  • Notes mature in up to 180 days and rank equally with the company's other unsecured, unsubordinated debt.
  • The company plans to use its revolving credit facility as a liquidity backstop for borrowings under the program.
  • Dealer agreements and an issuing and paying agent agreement govern the program; the form of dealer agreement is filed as Exhibit 10.1.
Read the filing on SEC.gov ↗
Sep 29, 9:16 AM ET

Carnival posts record Q3 net income of $1.9 billion; 2026 profit outlook up $150 million+

Positive earnings Written later 2.02

Carnival reported record third-quarter 2026 results for the period ended August 31, with net income attributable to the company of $1.92 billion, up from $1.85 billion a year earlier, and revenue of $8.4 billion, up from $8.2 billion. The company said its full-year 2026 adjusted net income outlook improved by more than $150 million compared with June guidance, offsetting a $150 million impact from higher fuel prices.

  • Q3 net income attributable to Carnival was $1.92 billion versus $1.85 billion a year earlier; total revenues were $8.4 billion versus $8.2 billion.
  • Diluted EPS was $1.40 versus $1.33 a year earlier; adjusted EPS was $1.43, in line with the prior year.
  • Full-year 2026 adjusted net income is now expected to improve by more than $150 million versus June guidance, overcoming a $150 million impact from increased fuel prices.
  • The company completed about $1.2 billion of share repurchases year to date and paid $618 million in dividends for the first nine months.
Read the filing on SEC.gov ↗
Jun 23, 9:16 AM ET

Carnival posts record Q2 revenue of $6.7 billion; adjusted net income up over 20%

Positive earnings Written later 2.02

Carnival reported second-quarter 2026 revenue of $6.66 billion, up from $6.33 billion a year earlier, and adjusted net income of $569 million, up from $470 million. Net income attributable to the company fell to $537 million from $565 million, and diluted EPS was $0.39 versus $0.42, as fuel prices rose nearly 30%. The company has repurchased over $450 million of stock under its current buyback program, and the filing says fuel and currency changes lowered its June full-year guidance versus prior guidance by less than $0.01 per share.

  • Q2 2026 total revenues $6.663 billion vs. $6.328 billion; net income attributable to Carnival $537 million vs. $565 million.
  • Adjusted EPS $0.41 vs. $0.35 a year earlier; diluted EPS $0.39 vs. $0.42.
  • Full-year 2026 guidance: adjusted EPS approximately $2.22; net yields up approximately 3.2% in current dollars.
  • Over $450 million of stock repurchased to date; $207 million in dividends paid during the quarter.
Read the filing on SEC.gov ↗
May 7, 4:32 PM ET

Carnival completes DLC unification and move to Bermuda; plc listings cancelled

Neutral restructuring Written later 1.022.013.013.023.035.015.037.01

Carnival Corporation and Carnival plc completed the unification of their dual listed company structure under Carnival Corporation Ltd., and Carnival Corporation moved its incorporation from Panama to Bermuda. Carnival plc became a wholly-owned UK subsidiary, and its London and NYSE trading and listings were cancelled. The company says the changes are expected to create a single global share price, simplify governance and reporting, reduce administrative costs and increase liquidity and index weighting.

  • Each Carnival plc shareholder under the scheme receives one Common Share for each Carnival plc share held at 6 p.m. (BST) on May 5, 2026
  • ADSs were exchanged for Common Shares of Carnival Corporation Ltd. on a one-for-one basis, and the Deposit Agreement with JPMorgan Chase Bank, N.A. was terminated
  • Carnival plc listings on the FCA Official List and London Stock Exchange were cancelled on May 7, 2026, and the NYSE suspended trading in the CUK ADSs and trust shares before the May 7 open
  • Common Shares continue to trade on the NYSE under the symbol CCL
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Recent SEC filings

EDGAR ↗

Famous investors who own CCL

All investors →
InvestorValue% of portfolioLast quarter
Renaissance Technologies $14.09M0.02% New

From each investor's latest 13F filing (Q2 2026); positions are as of the quarter end and filed up to 45 days later.

Trades disclosed by members of Congress

All CCL congressional trades →
TradedMemberTypeAmount
Oct 09, 2025Byron Donalds FL-19Buy$1,001 – $15,000
Oct 09, 2025Byron Donalds FL-19 · SpouseBuy$1,001 – $15,000
May 12, 2025Jefferson Shreve IN-06Sell$15,001 – $50,000
May 08, 2025Jefferson Shreve IN-06Buy$15,001 – $50,000
Apr 07, 2025Jefferson Shreve IN-06Sell$15,001 – $50,000
Mar 14, 2025Susie Lee NV-03Sell$1,001 – $15,000

From House periodic transaction reports (STOCK Act); amounts are the form's ranges.

Insider transactions

All insider trades →
DateInsiderTypeSharesPriceValue
Nov 04Bernstein David
CFO & CAO
Sell26.68K$31.26$834.06K
Oct 28Deeble Helen
Director
Sell25.00K$27.75$693.75K

Prices are end-of-day and split-adjusted. Financial data from Carnival Corporation's SEC XBRL filings. Not investment advice.