Carnival Corporation CCL Operating margin

Operating margin at other companies

Royal Caribbean GroupRCL

27.3%+0.9pp

Norwegian Cruise Line Holdings Ltd.NCLH

15.1%-0.9pp

OneSpaWorld Holdings LimitedOSW

8.9%+0.1pp

Alaska Air GroupALK

-1.5%-5.2pp

Packaging Corp of AmericaPKG

10.9%-3.5pp

FAQ

What is Carnival Corporation's operating margin?

Carnival Corporation (CCL) reported operating margin of 16.3% in Q1 2026.

How has Carnival Corporation's operating margin changed year-over-year?

Carnival Corporation's operating margin increased by 0.7% year-over-year, from 16.2% to 16.3%.

What is the long-term trend for Carnival Corporation's operating margin?

Over 5 years (2020 to 2025), Carnival Corporation's operating margin has grown at a -36.1% compound annual growth rate (CAGR), from -158.5% to 16.8%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.