Carnival (CCL) Capital Expenditures (2009 - 2026)
Carnival's (CCL) quarterly Capital Expenditures came in at $875.0 million in Q2 2026, up 2.82% on a YoY basis from $851.0 million in Q2 2025, and up 54.59% quarter-over-quarter from $566.0 million in Q1 2026.
Analysis
Carnival (CCL) Capital Expenditures (2009 - 2026) Analysis & Trends
Carnival (CCL) has reported Capital Expenditures for 18 consecutive years, with $875.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 2.82% year-over-year to $875.0 million; the trailing twelve-month figure through May 2026 stood at $3.6 billion (up 36.81% YoY), and the FY2025 full-year result was $3.6 billion, down 21.94% from the prior year.
- Capital Expenditures rose to $875.0 million in Q2 2026 per CCL's latest filing, 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.
- Historically, Capital Expenditures has averaged $994.6 million across 5 years, with a median of $767.0 million in 2023.
- The widest YoY moves for Capital Expenditures: up 154.39% in 2025, down 71.61% in 2025.
- Over 5 years, 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.
- According to Business Quant data, Capital Expenditures over the past three periods registered $875.0 million, $566.0 million, and $1.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 2.74 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | -735.86 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 875.00 Mn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 457.69 Mn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 8.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 875.00 Mn |
| Feb 28, 2026 | 566.00 Mn |
| Nov 30, 2025 | 1.51 Bn |
| Aug 31, 2025 | 647.00 Mn |
| May 31, 2025 | 851.00 Mn |
| Feb 28, 2025 | 607.00 Mn |
| Nov 30, 2024 | 592.00 Mn |
| Aug 31, 2024 | 577.00 Mn |
| May 31, 2024 | 1.32 Bn |
| Feb 29, 2024 | 2.14 Bn |
| Nov 30, 2023 | 675.00 Mn |
| Aug 31, 2023 | 837.00 Mn |
| May 31, 2023 | 697.00 Mn |
| Feb 28, 2023 | 1.08 Bn |
| Nov 30, 2022 | 1.18 Bn |
| Aug 31, 2022 | 538.00 Mn |
| May 31, 2022 | 491.00 Mn |
| Feb 28, 2022 | 2.73 Bn |
| Nov 30, 2021 | 487.00 Mn |
| Aug 31, 2021 | 963.00 Mn |