Carnival (CCL) Construction in Progress (2009 - 2025)

Carnival (CCL) has reported Construction in Progress for 17 consecutive years, with $464.0 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Construction in Progress fell 13.27% year-over-year to $464.0 million; the trailing twelve-month figure through Nov 2025 stood at $464.0 million (down 13.27% YoY), and the FY2025 full-year result was $464.0 million, down 13.27% from the prior year.
• Construction in Progress declined to $464.0 million in Q4 2025 per CCL's latest filing, from $535.0 million in the prior quarter.
• Across five years, Construction in Progress topped out at $1.5 billion in Q4 2021 and bottomed at $464.0 million in Q4 2025.
• Historically, Construction in Progress has averaged $920.8 million across 5 years, with a median of $785.0 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Construction in Progress jumped 63.57% in 2023, then tumbled 58.33% in 2024.
• Over 5 years, Construction in Progress stood at $1.5 billion in 2021, then tumbled by 48.89% to $785.0 million in 2022, then soared by 63.57% to $1.3 billion in 2023, then sank by 58.33% to $535.0 million in 2024, then declined by 13.27% to $464.0 million in 2025.
• According to Business Quant data, Construction in Progress over the past three periods registered $464.0 million, $535.0 million, and $1.3 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.