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

Carnival (CCL) reported Asset Utilization Ratio of 0.52 for Q1 2026, little changed on a YoY basis from 0.52 in Q1 2025, and up 0.61% quarter-over-quarter from 0.52 in Q4 2025.

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

Carnival has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.52 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio changed 0.28% year-over-year to 0.52; the trailing twelve-month figure through Feb 2026 stood at 0.52 (changed 0.28% YoY), and the FY2025 full-year result was 0.53, up 3.69% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.52, up from 0.52 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.52 in Q1 2026, with the low at 0.07 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.39 across 5 years, with a median of 0.46 in 2024.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 4289.25% — and 2026, when it rose 0.28%.
  • Carnival's Asset Utilization Ratio stood at 0.23 in 2022, then jumped by 85.97% to 0.44 in 2023, then gained by 15.89% to 0.51 in 2024, then grew by 2.6% to 0.52 in 2025, then advanced by 0.61% to 0.52 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.52 (Q1 2026), 0.52 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 0.97
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 0.52
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 0.44
4 Carnival 37.80 Bn 36.39 Bn - 0.52
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 0.60
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 0.43
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 0.59
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 0.60
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 0.23
10 MakeMyTrip 2.12 Bn 1.35 Bn - 0.58

Historic Data

Download Data
DateValue
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
May 31, 2021 0.00