Carnival (CCL) Capital Expenditures (2009 - 2026)
Carnival (CCL) posted Capital Expenditures of $875.0 million for Q2 2026, up 54.59% on a QoQ basis from $566.0 million in Q1 2026, and up 2.82% year-over-year from $851.0 million in Q2 2025.
Carnival (CCL) Capital Expenditures (2009 - 2026) Analysis & Trends
Carnival's Capital Expenditures history runs 18 years deep, the most recent figure standing at $875.0 million for 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 was $875.0 million for Q2 2026 at Carnival, up from $566.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $2.7 billion in Q1 2022 and bottomed at $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.
- Peak annual rise in Capital Expenditures reached 154.39% in 2025, while the deepest fall reached 71.61% in 2025.
- Carnival's Capital Expenditures stood at $1.2 billion in 2022, then plunged by 42.85% to $675.0 million in 2023, then declined by 12.3% to $592.0 million in 2024, then soared by 154.39% to $1.5 billion in 2025, then tumbled by 41.9% to $875.0 million in 2026.
- Business Quant data shows CCL's Capital Expenditures at $875.0 million in Q2 2026, $566.0 million in Q1 2026, and $1.5 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 107.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 500.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | - |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | - |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -157.93 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 875.00 Mn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 184.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 1.44 Bn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | - |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 37.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |