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
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