Carnival Corporation
CCL stock analysis · Consumer Discretionary · Hotels, Resorts & Cruise Lines
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-06-19. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-06-19 · 1.2% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
7 industry peers · median 25.6×
How this is calculated ↗Historical multiples
Requires three annual historical market caps and eligible filed earnings.
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Requires reported dividends, repurchases and issuance; missing values are not zero.
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $36.26 | $39.56 | $43.12 |
| 10.0% | $26.57 | $28.91 | $31.42 |
| 12.0% | $20.96 | $22.75 | $24.66 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-11-30 | 26.6B | 2.8B | 6.2B | 3.6B | 51.7B |
| 2024-11-30 | 25B | 1.9B | 5.9B | 4.6B | 49.1B |
| 2023-11-30 | 21.6B | -74M | 4.3B | 3.3B | 49.1B |
| 2022-11-30 | 12.2B | -6.1B | -1.7B | 4.9B | 51.7B |
| 2021-11-30 | 1.9B | -9.5B | -4.1B | 3.6B | 53.3B |
| 2020-11-30 | 5.6B | -10.2B | -6.3B | 3.6B | 53.6B |
| 2019-11-30 | 20.8B | 3B | 5.5B | 5.4B | 45.1B |
| 2018-11-30 | 18.9B | 3.2B | 5.5B | 3.7B | 42.4B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 26.6B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-01-27 |
| netIncome | 2.8B | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-01-27 |
| Parent/common earnings proxy | 2.8B | NetIncomeLoss | 2026-01-27 |
| cfo | 6.2B | NetCashProvidedByUsedInOperatingActivities | 2026-01-27 |
| capex | 3.6B | PaymentsToAcquirePropertyPlantAndEquipment | 2026-01-27 |
| operatingIncome | 4.5B | OperatingIncomeLoss | 2026-01-27 |
| assets | 51.7B | Assets | 2026-01-27 |
| equity | 12.3B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-01-27 |
| Parent book equity proxy | 12.3B | StockholdersEquity | 2026-01-27 |
| debt | 26.6B | LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities | 2026-01-27 |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 1.9B | CashAndCashEquivalentsAtCarryingValue | 2026-01-27 |
| shares | 1.4B | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-01-27 |
| dividends | — | Not reported under a supported tag | — |
| buybacks | — | Not reported under a supported tag | — |
| issuance | — | Not reported under a supported tag | — |