Carnival (CCL) Capital Expenditures (2009 - 2026)

Carnival's (CCL) quarterly Capital Expenditures came in at $875.0 million in Q2 2026, up 2.82% YoY from $851.0 million in Q2 2025, and up 54.59% on a QoQ basis from $566.0 million in Q1 2026.

Carnival (CCL) Capital Expenditures (2009 - 2026) Analysis & Trends

Carnival (CCL) has 18 years of Capital Expenditures data on file, last reported at $875.0 million in Q2 2026.

  • Quarterly Capital Expenditures rose 2.82% year-over-year to $875.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.6 billion (up 36.81% YoY) and the FY2025 annual result came in at $3.6 billion, down 21.94% from the prior year.
  • Capital Expenditures advanced to $875.0 million in Q2 2026, from $566.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $2.7 billion in Q1 2022 to a low of $491.0 million in Q2 2022.
  • A 5-year average of $994.6 million and a median of $767.0 million in 2023 frame the typical range for Capital Expenditures.
  • The widest YoY moves for Capital Expenditures: up 154.39% in 2025, down 71.61% in 2025.
  • Tracing CCL's Capital Expenditures over 5 years: stood at $1.2 billion in 2022, then slumped by 42.85% to $675.0 million in 2023, then slipped by 12.3% to $592.0 million in 2024, then jumped by 154.39% to $1.5 billion in 2025, then sank by 41.9% to $875.0 million in 2026.
  • The last three Capital Expenditures figures came in at $875.0 million (Q2 2026), $566.0 million (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Booking Holdings 159.34 Bn 142.12 Bn 4.98 Bn 76.00 Mn
2 Airbnb 108.60 Bn 96.53 Bn 2.98 Bn -
3 Royal Caribbean Cruises 81.57 Bn 80.88 Bn 2.29 Bn 2.74 Bn
4 Viking Holdings 44.18 Bn 40.38 Bn 713.43 Mn -157.93 Mn
5 Carnival 38.51 Bn 36.29 Bn - 875.00 Mn
6 Expedia 38.08 Bn 30.96 Bn 3.91 Bn 199.00 Mn
7 Trip.com 29.19 Bn 17.73 Bn 1.86 Bn -
8 Norwegian Cruise Line Holdings 8.73 Bn 8.51 Bn 1.05 Bn 457.69 Mn
9 MakeMyTrip 5.85 Bn 5.09 Bn 212.91 Mn -
10 Global Business Travel 4.94 Bn 4.47 Bn 514.00 Mn 39.00 Mn

Historic Data

Download Data
DateValue
May 31, 2026 875.00 Mn
May 31, 2026 875.00 Mn
Feb 28, 2026 566.00 Mn
Feb 28, 2026 566.00 Mn
Nov 30, 2025 1.51 Bn
Nov 30, 2025 1.51 Bn
Aug 31, 2025 647.00 Mn
Aug 31, 2025 647.00 Mn
May 31, 2025 851.00 Mn
May 31, 2025 851.00 Mn
Feb 28, 2025 607.00 Mn
Feb 28, 2025 607.00 Mn
Nov 30, 2024 592.00 Mn
Nov 30, 2024 592.00 Mn
Aug 31, 2024 577.00 Mn
Aug 31, 2024 577.00 Mn
May 31, 2024 1.32 Bn
May 31, 2024 1.32 Bn
Feb 29, 2024 2.14 Bn
Feb 29, 2024 2.14 Bn