Other

Payroll and related

Carnival Corporation Payroll and related increased by 1.5% to $684.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $640.00M to $684.00M. Over 4 years (FY 2021 to FY 2025), Payroll and related shows an upward trend with a 18.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026Mar 27, 2026

How to read this metric

Rising payroll costs relative to capacity may indicate wage inflation or staffing inefficiencies, while a decrease suggests improved labor productivity.

Detailed definition

Payroll and related expenses include wages, benefits, and training costs for shipboard and shoreside personnel. As a lab...

Peer comparison

Standard labor cost metric across all service and hospitality industries.

Metric ID: other_costs_and_expenses_payroll_and_other

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$327.25M$327.25M$327.25M$506.00M$533.00M$563.00M$580.00M$582.00M$601.00M$585.00M$605.00M$623.00M$614.00M$575.00M$652.00M$640.00M$640.00M$636.00M$674.00M$684.00M
QoQ Change+0.0%+0.0%+54.6%+5.3%+5.6%+3.0%+0.3%+3.3%-2.7%+3.4%+3.0%-1.4%-6.4%+13.4%-1.8%+0.0%-0.6%+6.0%+1.5%
YoY Change+62.9%+72.0%+77.2%+15.0%+12.8%+3.9%+4.3%+7.0%+2.2%-1.7%+7.8%+2.7%+4.2%+10.6%+3.4%+6.9%
Range$327.25M$684.00M
CAGR+16.8%
Avg YoY Growth+18.2%
Median YoY Growth+7.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Carnival Corporation's payroll and related?
Carnival Corporation (CCL) reported payroll and related of $684.00M in Q4 2025.
How has Carnival Corporation's payroll and related changed year-over-year?
Carnival Corporation's payroll and related increased by 6.9% year-over-year, from $640.00M to $684.00M.
What is the long-term trend for Carnival Corporation's payroll and related?
Over 4 years (2021 to 2025), Carnival Corporation's payroll and related has grown at a 18.6% compound annual growth rate (CAGR), from $1.31B to $2.59B.
What does payroll and related mean?
Total compensation and benefit costs for all employees.