Carnival Corporation CCL Debt-to-equity

Debt-to-equity at other companies

Royal Caribbean GroupRCL

2.3×+2.2×

Stabilis Solutions, Inc.SLNG

0.4×+0.3×

Norwegian Cruise Line Holdings Ltd.NCLH

5.8×-2.9×

Walt DisneyDIS

0.4×0.0×

OneSpaWorld Holdings LimitedOSW

0.2×0.0×

Alaska Air GroupALK

1.7×+0.1×

FAQ

What is Carnival Corporation's debt-to-equity?

Carnival Corporation (CCL) reported debt-to-equity of 2.2× in Q4 2025.

How has Carnival Corporation's debt-to-equity changed year-over-year?

Carnival Corporation's debt-to-equity decreased by 33.7% year-over-year, from 3.3× to 2.2×.

What is the long-term trend for Carnival Corporation's debt-to-equity?

Over 5 years (2020 to 2025), Carnival Corporation's debt-to-equity has grown at a 10.3% compound annual growth rate (CAGR), from 1.6× to 2.6×.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.