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Carnival Corporation CCL Europe Segment — Adjusted Operating Costs And Expenses

Other segment segments

North America Segment
$2.78B+5.3%
Cruise Support
$65M+41.3%
Tour And Other
$42M+31.3%

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BRCEurope & Australia — Operating Expenses
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BCOEurope — Cost of revenues
$284M+12.8%

Other financials

Income statement

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Revenue$6.7B+5.3%
Gross profit$3.8B+4.9%
Operating income$851.0M-8.9%
Net income$537.0M-5.0%
EPS (diluted)$0.39-7.1%

Balance sheet

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Cash & equivalents$2.3B+4.1%
Total debt$28.3B-7.9%
Total equity$13.0B+29.6%
Total assets$52.2B+2.1%

Cash flow

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Operating cash flow$2.6B+9.9%
CapEx$875.0M+2.8%
Free cash flow$1.8B+13.9%

Valuation

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Market cap$44.13B+26.6%
Enterprise value$70.19B-31.6%
P/E14.4×+0.6×
P/S1.6×+0.3×

Profitability

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Gross margin39.5%+2.5pp
Operating margin16.3%+0.1pp
Net margin11.2%+1.5pp
FCF margin11.7%+0.9pp

Returns & leverage

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Return on equity27.9%+2.0pp
Debt / equity2.2×-1.1×
Current ratio0.3×0.0×

Where this comes from

Reported directly by Carnival Corporation in its filing.

Tagged under the XBRL concept ccl:AdjustedOperatingCostsAndExpenses.

The official record: Carnival Corporation’s 10-Q, filed June 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carnival Corporation's europe segment — adjusted operating costs and expenses?
Carnival Corporation (CCL) reported europe segment — adjusted operating costs and expenses of $1.33B in Q1 2026.
How has Carnival Corporation's europe segment — adjusted operating costs and expenses changed year-over-year?
Carnival Corporation's europe segment — adjusted operating costs and expenses increased by 5.5% year-over-year, from $1.27B to $1.33B.
What does europe segment — adjusted operating costs and expenses mean?
This is the aggregate of all direct and indirect operating costs incurred by the European segment, excluding non-recurring items like impairments. It represents the total cost base required to maintain cruise operations. This metric is the primary benchmark for evaluating the segment's overall operational cost discipline.