Carnival (CCL) Capital Expenditures (2009 - 2026)
Carnival (CCL) reported Capital Expenditures of $566.0 million for Q1 2026, down 6.75% on a YoY basis from $607.0 million in Q1 2025, and down 62.42% quarter-over-quarter from $1.5 billion in Q4 2025.
Carnival (CCL) Capital Expenditures (2009 - 2026) Analysis & Trends
Carnival has reported Capital Expenditures for 18 years, with the latest figure at $566.0 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 6.75% year-over-year to $566.0 million; the trailing twelve-month figure through Feb 2026 stood at $3.6 billion (up 15.35% YoY), and the FY2025 full-year result was $3.6 billion, down 21.94% from the prior year.
- Capital Expenditures for Q1 2026 stood at $566.0 million, down from $1.5 billion in the prior quarter.
- The five-year high for Capital Expenditures was $2.7 billion in Q1 2022, with the low at $491.0 million in Q2 2022.
- Historically, Capital Expenditures has averaged $1.0 billion across 5 years, with a median of $697.0 million in 2023.
- The largest YoY upside for Capital Expenditures was 154.39% in 2025 against a maximum downside of 71.61% in 2025.
- Carnival's Capital Expenditures 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 tumbled by 62.42% to $566.0 million in 2026.
- The last three Capital Expenditures figures came in at $566.0 million (Q1 2026), $1.5 billion (Q4 2025), and $647.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 107.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 145.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 566.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 184.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 1.44 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 37.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 19.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Nov 30, 2023 | 675.00 Mn |
| Nov 30, 2023 | 675.00 Mn |