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Carnival Corporation CCL Return on assets

Return on assets at other companies

Royal Caribbean Group logo
Royal Caribbean GroupRCL
11.3%+2.3pp
Walt Disney logo
Walt DisneyDIS
7.2%+3.3pp
Hyatt Hotels logo
Hyatt HotelsH
-0.2%-6.9pp
Packaging Corp of America logo
Packaging Corp of AmericaPKG
7.5%-2.2pp

Other financials

Income statement

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Revenue$6.2B+6.1%
Gross profit$3.8B+4.9%
Operating income$607.0M+11.8%
Net income$258.0M+431%
EPS (diluted)$0.19+417%

Balance sheet

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Cash & equivalents$1.5B+70.2%
Total debt$28.8B-5.9%
Total equity$13.0B+41.9%
Total assets$51.6B+6.2%

Cash flow

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Operating cash flow$1.3B+36.5%
CapEx$566.0M-6.8%
Free cash flow$697.0M+119%

Valuation

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Market cap$42.76B+34.8%
Enterprise value$70.13B+14.3%
P/E13.8×-1.7×
P/S1.6×+0.3×

Profitability

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Gross margin39.5%+2.5pp
Operating margin16.9%+1.7pp
Net margin11.5%+3.4pp
FCF margin11.1%+3.3pp

Returns & leverage

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Return on equity27.9%+2.0pp
Debt / equity2.2×-1.1×
Current ratio0.3×0.0×

Where this comes from

Calculated from Carnival Corporation’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is Carnival Corporation's return on assets?
Carnival Corporation (CCL) reported return on assets of 6.2% in Q4 2025.
How has Carnival Corporation's return on assets changed year-over-year?
Carnival Corporation's return on assets increased by 48.2% year-over-year, from 4.2% to 6.2%.
What is the long-term trend for Carnival Corporation's return on assets?
Over 5 years (2020 to 2025), Carnival Corporation's return on assets has grown at a -23.4% compound annual growth rate (CAGR), from -20.7% to 5.5%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.