Carnival (CCL) Construction in Progress (2009 - 2025)
Carnival (CCL) posted Construction in Progress of $464.0 million for Q4 2025, down 13.27% on a QoQ basis from $535.0 million in Q4 2024, and down 13.27% year-over-year from $535.0 million in Q4 2024.
Carnival (CCL) Construction in Progress (2009 - 2025) Analysis & Trends
Carnival's Construction in Progress history runs 17 years deep, the most recent figure standing at $464.0 million for Q4 2025.
- Quarterly Construction in Progress fell 13.27% year-over-year to $464.0 million in Q4 2025, while the trailing twelve-month figure through Nov 2025 was $464.0 million (down 13.27% YoY) and the FY2025 annual result came in at $464.0 million, down 13.27% from the prior year.
- Construction in Progress was $464.0 million for Q4 2025 at Carnival, down 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.
- A 5-year average of $920.8 million and a median of $785.0 million in 2022 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2023 — Construction in Progress soared 63.57% — and 2024, when it sank 58.33%.
- Carnival's 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.
- Business Quant data shows CCL's Construction in Progress at $464.0 million in Q4 2025, $535.0 million in Q4 2024, and $1.3 billion in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | - |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | - |
| 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 | - |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | - |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | - |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | - |
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 |