Carnival (CCL) Asset Utilization Ratio (2009 - 2026)

Carnival (CCL) posted Asset Utilization Ratio of 0.53 for Q2 2026, up 0.71% on a QoQ basis from 0.52 in Q1 2026, and up 1.01% year-over-year from 0.52 in Q2 2025.

Carnival (CCL) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Carnival's Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.53 for Q2 2026.

  • Quarterly Asset Utilization Ratio rose 1.01% year-over-year to 0.53 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.53 (up 1.01% YoY) and the FY2025 annual result came in at 0.53, up 3.69% from the prior year.
  • Asset Utilization Ratio was 0.53 for Q2 2026 at Carnival, up from 0.52 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.53 in Q2 2026 and bottomed at 0.07 in Q1 2022.
  • A 5-year average of 0.39 and a median of 0.46 in 2024 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 4289.25% — and 2026, when it climbed 0.28%.
  • Carnival's Asset Utilization Ratio stood at 0.23 in 2022, then soared by 85.97% to 0.44 in 2023, then climbed by 15.89% to 0.51 in 2024, then rose by 2.6% to 0.52 in 2025, then advanced by 1.33% to 0.53 in 2026.
  • Business Quant data shows CCL's Asset Utilization Ratio at 0.53 in Q2 2026, 0.52 in Q1 2026, and 0.52 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.97
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 0.44
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.52
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.72
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.55
6 Carnival 34.61 Bn 32.38 Bn - 0.53
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.60
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.43
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 0.58
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.59

Historic Data

Download Data
DateValue
May 31, 2026 0.53
Feb 28, 2026 0.52
Nov 30, 2025 0.52
Aug 31, 2025 0.51
May 31, 2025 0.52
Feb 28, 2025 0.52
Nov 30, 2024 0.51
Aug 31, 2024 0.49
May 31, 2024 0.47
Feb 29, 2024 0.46
Nov 30, 2023 0.44
Aug 31, 2023 0.39
May 31, 2023 0.34
Feb 28, 2023 0.29
Nov 30, 2022 0.23
Aug 31, 2022 0.18
May 31, 2022 0.11
Feb 28, 2022 0.07
Nov 30, 2021 0.04
Aug 31, 2021 0.01