What is Carnival Corporation's change in AP?

Carnival Corporation (CCL) reported change in AP of -$33M in Q4 2025.

How has Carnival Corporation's change in AP changed year-over-year?

Carnival Corporation's change in AP decreased by 6.5% year-over-year, from -$31M to -$33M.

What is the long-term trend for Carnival Corporation's change in AP?

Over 3 years (2021 to 2025), Carnival Corporation's change in AP has grown at a -33.3% compound annual growth rate (CAGR), from $206M to $61M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Carnival Corporation CCL Change in AP

Change in AP at other companies

Royal Caribbean GroupRCL

-$8M-136%

Norwegian Cruise Line Holdings Ltd.NCLH

$33.6M+214%

Walt DisneyDIS

-$1.65B-7.6%

OneSpaWorld Holdings LimitedOSW

-$6.37M-1,067%

Hyatt HotelsH

-$44M-414%

Packaging Corp of AmericaPKG

$36.5M+36.2%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$2.6B+9.9%

CapEx$875.0M+2.8%

Free cash flow$1.8B+13.9%

Valuation

See full

Market cap$39.13B+7.7%

Enterprise value$65.19B-41.5%

P/E12.8×-1.6×

P/S1.4×0.0×

Profitability

See full

Gross margin39.5%+2.5pp

Operating margin16.3%+0.1pp

Net margin11.2%+1.5pp

FCF margin11.7%+0.9pp

Returns & leverage

See full

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:IncreaseDecreaseInAccountsPayable.

The official record: Carnival Corporation’s 10-Q, filed March 27, 2026, on SEC EDGAR. View the filing →

Ask your AI about Carnival Corporation's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Carnival Corporation's change in AP?: Carnival Corporation (CCL) reported change in AP of -$33M in Q4 2025.
How has Carnival Corporation's change in AP changed year-over-year?: Carnival Corporation's change in AP decreased by 6.5% year-over-year, from -$31M to -$33M.
What is the long-term trend for Carnival Corporation's change in AP?: Over 3 years (2021 to 2025), Carnival Corporation's change in AP has grown at a -33.3% compound annual growth rate (CAGR), from $206M to $61M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.