Operating Expenses

D&A

Carnival Corporation D&A decreased by 4.3% to $696.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.4%, from $654.00M to $696.00M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 5.7% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026

How to read this metric

Higher levels often indicate significant recent capital investment or large historical acquisitions, while lower levels may suggest aging assets.

Detailed definition

Depreciation and amortization represent the systematic allocation of the cost of tangible and intangible assets over the...

Peer comparison

High in capital-intensive industries like healthcare and manufacturing; peers often report this as a significant non-cash drag on earnings.

Metric ID: depreciation_and_amortization

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$567.00M$562.00M$552.00M$554.00M$572.00M$581.00M$568.00M$582.00M$597.00M$596.00M$595.00M$613.00M$634.00M$651.00M$659.00M$654.00M$692.00M$717.00M$727.00M$696.00M
QoQ Change-0.9%-1.8%+0.4%+3.2%+1.6%-2.2%+2.5%+2.6%-0.2%-0.2%+3.0%+3.4%+2.7%+1.2%-0.8%+5.8%+3.6%+1.4%-4.3%
YoY Change+0.9%+3.4%+2.9%+5.1%+4.4%+2.6%+4.8%+5.3%+6.2%+9.2%+10.8%+6.7%+9.1%+10.1%+10.3%+6.4%
Range$552.00M$727.00M
CAGR+4.4%
Avg YoY Growth+6.1%
Median YoY Growth+5.8%

Business Segments

View all
SegmentQ2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
North America$434.00M
Europe Segment$169.00M$168.00M$162.00M$164.00M$164.00M$173.00M$175.00M$169.00M
Cruise Support$48.00M$47.00M$47.00M$45.00M$49.00M$48.00M$51.00M$45.00M
Tour And Other$7.00M$3.00M$6.00M$6.00M$6.00M$6.00M$6.00M$6.00M
NAA$374.00M$377.00M
North America And Australia$381.00M$398.00M$414.00M$424.00M$428.00M
Total$597.00M$596.00M$595.00M$613.00M$634.00M$651.00M$659.00M$654.00M

Cruise Support, Europe Segment, NAA, North America, North America And Australia, North America Segment, Tour And Other were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Carnival Corporation's d&a?
Carnival Corporation (CCL) reported d&a of $696.00M in Q4 2025.
How has Carnival Corporation's d&a changed year-over-year?
Carnival Corporation's d&a increased by 6.4% year-over-year, from $654.00M to $696.00M.
What is the long-term trend for Carnival Corporation's d&a?
Over 4 years (2021 to 2025), Carnival Corporation's d&a has grown at a 5.7% compound annual growth rate (CAGR), from $2.23B to $2.79B.
What does d&a mean?
The non-cash expense that spreads the cost of physical and intangible assets over their useful life.