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Carnival Corporation CCL North America Segment — CapEx

Other segment segments

Europe Segment
$184M+16.5%
Cruise Support
$145M-16.2%
Tour And Other
$11M-21.4%

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$83M-27.8%

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 us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

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 north america segment — capex?
Carnival Corporation (CCL) reported north america segment — capex of $535M in Q1 2026.
How has Carnival Corporation's north america segment — capex changed year-over-year?
Carnival Corporation's north america segment — capex increased by 5.9% year-over-year, from $505M to $535M.
What does north america segment — capex mean?
This represents the cash outflows used by the North American segment to acquire, maintain, or upgrade physical assets such as cruise ships and port infrastructure. It reflects the company's investment in long-term growth and fleet modernization. High levels often indicate significant expansion or major ship refurbishment projects.