Carnival (CCL) Accumulated Expenses (2009 - 2026)
Carnival (CCL) recorded Accumulated Expenses of $1.98 billion in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 0.3% from $1.98 billion a year earlier but down 5.2% from the prior quarter.
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Analysis
Carnival (CCL) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Carnival reported Accumulated Expenses of $2.24 billion, down 5.0% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 14.4% (FY2020 to FY2025).
- Across earlier fiscal years, Accumulated Expenses came in at $2.36 billion in FY2024 (+17.7%), $2 billion in FY2023 (+3.1%), $1.94 billion in FY2022 (+18.3%) and $1.64 billion in FY2021 (+43.4%).
- Quarterly Accumulated Expenses has ranged from $1.63 billion in fiscal Q1 2022 to $2.39 billion in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Accumulated Expenses has increased for three consecutive quarters, with an average decline of 2.1% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 43.4% in fiscal Q4 2021, against a decline of 17.4% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.09 billion (Q2 2026), $2.03 billion (Q1 2026) and $2.24 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.98 Bn |
| May 31, 2026 | 2.09 Bn |
| Feb 28, 2026 | 2.03 Bn |
| Nov 30, 2025 | 2.24 Bn |
| Aug 31, 2025 | 1.98 Bn |
| May 31, 2025 | 2.07 Bn |
| Feb 28, 2025 | 1.94 Bn |
| Nov 30, 2024 | 2.36 Bn |
| Aug 31, 2024 | 2.39 Bn |
| May 31, 2024 | 2.11 Bn |
| Feb 29, 2024 | 2.32 Bn |
| Nov 30, 2023 | 2.00 Bn |
| Aug 31, 2023 | 2.02 Bn |
| May 31, 2023 | 1.95 Bn |
| Feb 28, 2023 | 1.95 Bn |
| Nov 30, 2022 | 1.94 Bn |
| Aug 31, 2022 | 1.87 Bn |
| May 31, 2022 | 1.69 Bn |
| Feb 28, 2022 | 1.63 Bn |
| Nov 30, 2021 | 1.64 Bn |
API Access
Carnival Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();