Carnival Corporation Europe Segment — CapEx increased by 43.3% to $172.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 43.3%, from $120.00M to $172.00M. Over 3 years (FY 2021 to FY 2024), Europe Segment — CapEx shows a downward trend with a -19.4% CAGR.
High spending suggests fleet modernization or expansion, while low spending may indicate a focus on cash preservation or reduced investment.
Funds used by the European segment to acquire, upgrade, or maintain physical assets such as cruise ships and port facili...
Standard metric for capital-intensive industries; comparable to fleet renewal spending at other cruise companies.
ccl_segment_europe_segment_capital_expenditures| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $128.75M | $128.75M | $128.75M | $553.25M | $553.25M | $553.25M | $553.25M | $290.25M | $290.25M | $290.25M | $290.25M | $67.50M | $67.50M | $67.50M | $67.50M | $120.00M | $172.00M |
| QoQ Change | — | +0.0% | +0.0% | +329.7% | +0.0% | +0.0% | +0.0% | -47.5% | +0.0% | +0.0% | +0.0% | -76.7% | +0.0% | +0.0% | +0.0% | +77.8% | +43.3% |
| YoY Change | — | — | — | — | +329.7% | +329.7% | +329.7% | -47.5% | -47.5% | -47.5% | -47.5% | -76.7% | -76.7% | -76.7% | -76.7% | +77.8% | +43.3% |