Business Segments · Adjusted Operating Costs And Expenses
North America Segment — Adjusted Operating Costs And Expenses
Carnival Corporation North America Segment — Adjusted Operating Costs And Expenses increased by 0.7% to $2.45B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $2.44B to $2.45B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025
How to read this metric
An increase relative to revenue indicates margin compression and reduced operational efficiency.
Detailed definition
This is the sum of all direct operating costs required to run the North American cruise segment, excluding non-operating...
Peer comparison
Comparable to total operating expenses in the travel and leisure industry.
Metric ID:
ccl_segment_north_america_segment_adjusted_operating_costs_and_expensesHistorical Data
10 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.41B | $2.41B | $2.41B | $2.41B | $2.65B | $2.65B | $2.65B | $2.65B | $2.44B | $2.45B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.0% | +0.0% | +0.0% | +0.0% | -8.0% | +0.7% |
| YoY Change | — | — | — | — | +10.0% | +10.0% | +10.0% | +10.0% | -8.0% | +0.7% |
Range$2.41B – $2.65B
CAGR+0.8%
Avg YoY Growth+5.5%
Median YoY Growth+10.0%
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Frequently Asked Questions
- What is Carnival Corporation's north america segment — adjusted operating costs and expenses?
- Carnival Corporation (CCL) reported north america segment — adjusted operating costs and expenses of $2.45B in Q4 2025.
- How has Carnival Corporation's north america segment — adjusted operating costs and expenses changed year-over-year?
- Carnival Corporation's north america segment — adjusted operating costs and expenses increased by 0.7% year-over-year, from $2.44B to $2.45B.
- What does north america segment — adjusted operating costs and expenses mean?
- The total direct operating costs for the North American segment.