What is Carnival Corporation's SG&A?

Carnival Corporation (CCL) reported SG&A of $863M in Q1 2026.

How has Carnival Corporation's SG&A changed year-over-year?

Carnival Corporation's SG&A increased by 5.8% year-over-year, from $816M to $863M.

What is the long-term trend for Carnival Corporation's SG&A?

Over 4 years (2021 to 2025), Carnival Corporation's SG&A has grown at a 15.9% compound annual growth rate (CAGR), from $1.88B to $3.4B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Carnival Corporation CCL SG&A

SG&A at other companies

Royal Caribbean GroupRCL

$582M+3.6%

Norwegian Cruise Line Holdings Ltd.NCLH

$459.68M+17.5%

Walt DisneyDIS

$4.07B+2.3%

Pursuit Attractions and Hospitality, Inc.PRSU

$19.21M-7.1%

Packaging Corp of AmericaPKG

$180.3M+11.7%

Other financials

Income statement

See full

Revenue$6.7B+5.3%

Gross profit$3.8B+4.9%

Operating income$851.0M-8.9%

Net income$537.0M-5.0%

EPS (diluted)$0.39-7.1%

Balance sheet

See full

Cash & equivalents$2.3B+4.1%

Total debt$28.3B-7.9%

Total equity$13.0B+29.6%

Total assets$52.2B+2.1%

Cash flow

See full

Operating cash flow$2.6B+9.9%

CapEx$875.0M+2.8%

Free cash flow$1.8B+13.9%

Valuation

See full

Market cap$44.13B+26.6%

Enterprise value$70.19B-31.6%

P/E14.4×+0.6×

P/S1.6×+0.3×

Profitability

See full

Gross margin39.5%+2.5pp

Operating margin16.3%+0.1pp

Net margin11.2%+1.5pp

FCF margin11.7%+0.9pp

Returns & leverage

See full

Return on equity27.9%+2.0pp

Debt / equity2.2×-1.1×

Current ratio0.3×0.0×

Where this comes from

Reported directly by Carnival Corporation in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Carnival Corporation’s 10-Q, filed June 26, 2026, on SEC EDGAR. View the filing →

Ask your AI about Carnival Corporation's sg&a.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Carnival Corporation's SG&A?: Carnival Corporation (CCL) reported SG&A of $863M in Q1 2026.
How has Carnival Corporation's SG&A changed year-over-year?: Carnival Corporation's SG&A increased by 5.8% year-over-year, from $816M to $863M.
What is the long-term trend for Carnival Corporation's SG&A?: Over 4 years (2021 to 2025), Carnival Corporation's SG&A has grown at a 15.9% compound annual growth rate (CAGR), from $1.88B to $3.4B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.