What are Carnival Corporation's profit margins?

Carnival Corporation (CCL) runs a 39.5% gross margin and a 16.9% operating margin, with a 11.5% net margin.

Where do Carnival Corporation's ratios come from?

Every ratio is computed from Carnival Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Carnival Corporation CCL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	16.9%0.0pp	16.8%+0.4pp	16.4%+0.2pp	16.2%+1.1pp	15.1%+0.8pp
Net margin	11.5%+1.1pp	10.4%+0.3pp	10.1%+0.4pp	9.7%+1.7pp	8.1%+0.4pp
Returns
Return on equity	27.9%+2.2pp	25.7%-0.1pp	25.7%-4.3pp	30%+4.2pp	25.9%+2.1pp
Return on invested capital	11.5%+0.4pp	11.1%+0.4pp	10.6%-0.2pp	10.8%+1.0pp	9.8%+0.4pp
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Liquidity
Current ratio	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×+0.1×	0.3×0.0×
Leverage
Debt-to-equity	2.2×-0.3×	2.6×0.0×	2.5×-0.6×	3.1×-0.3×	3.3×0.0×
Net debt / EBITDA	3.7×-0.3×	4×0.0×	4×-0.1×	4.2×-0.5×	4.6×-0.3×
Per Share
Book value per share	$9.36+7.0%	$8.75+2.9%	$8.51+19.0%	$7.15+1.9%	$7.01+6.0%
Valuation
Market capitalization	$43.61B+28.8%	$33.85B-21.7%	$43.24B+35.2%	$31.97B-1.2%	$32.35B-5.2%
Price / earnings	14.1×+1.8×	12.3×-4.1×	16.4×+3.7×	12.7×-3.1×	15.8×-2.0×
Price / sales	1.6×+0.3×	1.3×-0.4×	1.6×+0.4×	1.2×0.0×	1.3×-0.1×
Price / book	3.3×+0.6×	2.8×-0.9×	3.6×+0.4×	3.2×-0.3×	3.5×-0.2×
EV / EBITDA	9.6×+0.9×	8.7×-1.5×	10.2×+1.3×	8.8×-0.8×	9.6×-0.8×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Carnival Corporation.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Carnival Corporation's profit margins?: Carnival Corporation (CCL) runs a 39.5% gross margin and a 16.9% operating margin, with a 11.5% net margin.
Where do Carnival Corporation's ratios come from?: Every ratio is computed from Carnival Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.