Carnival (CCL) Construction in Progress (2009 - 2025)
Carnival (CCL) reported Construction in Progress of $464.0 million for Q4 2025, down 13.27% on a YoY basis from $535.0 million in Q4 2024, and down 13.27% quarter-over-quarter from $535.0 million in Q4 2024.
Carnival (CCL) Construction in Progress (2009 - 2025) Analysis & Trends
Carnival has reported Construction in Progress for 17 years, with the latest figure at $464.0 million 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 for Q4 2025 stood at $464.0 million, down from $535.0 million in the prior quarter.
- The five-year high for Construction in Progress was $1.5 billion in Q4 2021, with the low 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.
- Annual changes were most pronounced in 2023 — Construction in Progress soared 63.57% — and 2024, when it slumped 58.33%.
- Carnival's Construction in Progress stood at $1.5 billion in 2021, then sank by 48.89% to $785.0 million in 2022, then jumped by 63.57% to $1.3 billion in 2023, then tumbled by 58.33% to $535.0 million in 2024, then slipped by 13.27% to $464.0 million in 2025.
- The last three Construction in Progress figures came in at $464.0 million (Q4 2025), $535.0 million (Q4 2024), and $1.3 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | - |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | - |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | - |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | - |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | - |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 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 |
|---|---|
| Nov 30, 2025 | 464.00 Mn |
| Nov 30, 2024 | 535.00 Mn |
| Nov 30, 2023 | 1.28 Bn |
| Nov 30, 2022 | 785.00 Mn |
| Nov 30, 2021 | 1.54 Bn |
| Nov 30, 2020 | 1.35 Bn |
| Nov 30, 2019 | 2.49 Bn |
| Nov 30, 2018 | 2.00 Bn |
| Nov 30, 2017 | 790.00 Mn |
| Nov 30, 2016 | 725.00 Mn |
| Nov 30, 2015 | 839.00 Mn |
| Nov 30, 2014 | 536.00 Mn |
| Nov 30, 2013 | 535.00 Mn |
| Nov 30, 2012 | 380.00 Mn |
| Nov 30, 2011 | 526.00 Mn |
| Nov 30, 2010 | 696.00 Mn |
| Nov 30, 2009 | 770.00 Mn |