Carnival (CCL) Depreciation & Amortization (CF) (2009 - 2026)
Carnival's Depreciation & Amortization (CF) was $723 million in fiscal Q2 2026 (quarter ended May 31, 2026), up 4.5% from $692 million a year earlier and up 3.9% from the prior quarter.
Powered by 
Analysis
Carnival (CCL) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carnival's Depreciation & Amortization (CF) was $2.86 billion through May 31, 2026, up 7.8% year-over-year; for FY2025 (ended Nov 30, 2025), it was $2.79 billion, up 9.1% from FY2024.
- Depreciation & Amortization (CF) has now increased for four consecutive fiscal years, with a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- In earlier fiscal years, Depreciation & Amortization (CF) was $2.56 billion in FY2024 (+7.9%), $2.37 billion in FY2023 (+4.2%), $2.28 billion in FY2022 (+1.9%) and $2.23 billion in FY2021 (-0.4%).
- Quarterly Depreciation & Amortization (CF) has moved between $552 million (fiscal Q4 2021) and $726 million (fiscal Q4 2025) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has increased for 20 straight quarters, with growth averaging 8.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Depreciation & Amortization (CF) ran from 0.4% in fiscal Q1 2022 to 10.6% in fiscal Q4 2024.
- Per Business Quant data, CCL's Depreciation & Amortization (CF) in the three fiscal quarters before Q2 2026 was $696 million (Q1 2026), $726 million (Q4 2025) and $717 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 222.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 49.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 464.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 84.05 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 723.00 Mn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 73.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 47.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 723.00 Mn |
| Feb 28, 2026 | 696.00 Mn |
| Nov 30, 2025 | 726.00 Mn |
| Aug 31, 2025 | 717.00 Mn |
| May 31, 2025 | 692.00 Mn |
| Feb 28, 2025 | 654.00 Mn |
| Nov 30, 2024 | 659.00 Mn |
| Aug 31, 2024 | 651.00 Mn |
| May 31, 2024 | 634.00 Mn |
| Feb 29, 2024 | 613.00 Mn |
| Nov 30, 2023 | 596.00 Mn |
| Aug 31, 2023 | 596.00 Mn |
| May 31, 2023 | 597.00 Mn |
| Feb 28, 2023 | 582.00 Mn |
| Nov 30, 2022 | 568.00 Mn |
| Aug 31, 2022 | 581.00 Mn |
| May 31, 2022 | 572.00 Mn |
| Feb 28, 2022 | 554.00 Mn |
| Nov 30, 2021 | 552.00 Mn |
| Aug 31, 2021 | 562.00 Mn |
API Access
Carnival Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();