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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Operating margin	16.8%+2.6pp	14.3%+5.2pp	9.1%+45.0pp	-36%+335pp
Net margin	10.4%+2.7pp	7.7%+8.0pp	-0.3%+49.7pp	-50.1%+448pp
Returns
Return on equity	25.7%+1.9pp	23.8%+24.8pp	-1.1%+62.4pp	-63.4%-5.3pp
Return on invested capital	11.1%+1.7pp	9.4%+4.2pp	5.2%+16.2pp	-11%+5.8pp
Efficiency
Asset turnover	0.5×0.0×	0.5×+0.1×	0.4×+0.2×	0.2×+0.2×
Liquidity
Current ratio	0.3×0.0×	0.3×-0.2×	0.5×-0.2×	0.7×-0.3×
Leverage
Debt-to-equity	2.6×-0.8×	3.4×-1.4×	4.7×-0.5×	5.3×+2.1×
Net debt / EBITDA	4×-0.8×	4.9×-2.1×	7×—	——
Per Share
Book value per share	$8.75+32.3%	$6.62+21.3%	$5.45-8.9%	$5.99-44.6%
Valuation
Market capitalization	$33.85B-0.8%	$34.12B+73.5%	$19.67B+52.5%	$12.9B-37.2%
Price / earnings	12.3×-5.5×	17.8×—	——	——
Price / sales	1.3×-0.1×	1.4×+0.5×	0.9×-0.1×	1.1×-9.7×
Price / book	2.8×-0.9×	3.7×+0.8×	2.9×+1.0×	1.8×+0.1×
EV / EBITDA	8.7×-1.7×	10.4×-1.1×	11.5×—	——

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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.