Carnival (CCL) Asset Utilization Ratio (2009 - 2026)
Carnival's Asset Utilization Ratio came in at 0.53 for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 4.0% from 0.51 a year earlier and up 1.6% from the prior quarter.
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Analysis
Carnival (CCL) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Going back to fiscal Q4 2009, Carnival's Asset Utilization Ratio data covers 68 quarters.
- Asset Utilization Ratio has increased in each of the last four fiscal years.
- Going back by fiscal year, Asset Utilization Ratio was 0.51 in FY2024 (+19.0%), 0.43 in FY2023 (+84.9%), 0.23 in FY2022 (+549.2%) and 0.04 in FY2021 (-68.5%).
- The fiscal Q3 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to fiscal Q4 2009.
- Year-over-year, Asset Utilization Ratio has increased for 16 consecutive quarters, with growth averaging 6.6% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q4 2022 (growth of 557.3%), and the weakest in fiscal Q4 2021 (a decline of 66.7%).
- Business Quant data shows CCL's Asset Utilization Ratio at 0.53 (Q2 2026), 0.52 (Q1 2026) and 0.52 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 0.96 |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 0.75 |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 0.43 |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 0.52 |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 0.53 |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | 0.25 |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 0.51 |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 0.41 |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.53 |
| 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 |
API Access
Carnival Asset Utilization Ratio 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=asset-utilization-ratio&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "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=asset-utilization-ratio&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();