Business Segments · CapEx
North America Segment — CapEx
Carnival Corporation North America Segment — CapEx decreased by 9.3% to $264.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.3%, from $291.00M to $264.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ4 2022
Last reportedQ4 2025
How to read this metric
High spending may signal future growth capacity, while low spending might indicate a focus on cash preservation or a mature fleet cycle.
Detailed definition
This represents the cash outflows used by the North American segment to acquire, maintain, or upgrade physical assets su...
Peer comparison
Comparable to capital expenditure disclosures in the cruise and travel industry, often tied to fleet renewal cycles.
Metric ID:
ccl_segment_north_america_segment_capital_expendituresHistorical Data
10 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $483.00M | $483.00M | $483.00M | $483.00M | $985.75M | $985.75M | $985.75M | $985.75M | $291.00M | $264.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +104.1% | +0.0% | +0.0% | +0.0% | -70.5% | -9.3% |
| YoY Change | — | — | — | — | +104.1% | +104.1% | +104.1% | +104.1% | -70.5% | -9.3% |
Range$264.00M – $985.75M
CAGR-23.5%
Avg YoY Growth+56.1%
Median YoY Growth+104.1%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Carnival Corporation's north america segment — capex?
- Carnival Corporation (CCL) reported north america segment — capex of $264.00M in Q4 2025.
- How has Carnival Corporation's north america segment — capex changed year-over-year?
- Carnival Corporation's north america segment — capex decreased by 9.3% year-over-year, from $291.00M to $264.00M.
- What does north america segment — capex mean?
- The amount of money spent on physical assets and infrastructure for the North American segment.