Carnival (CCL) EBIT Margin (2009 - 2026)
Carnival (CCL) reported EBIT Margin of 26.32% for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 1.54 percentage points from 27.85% a year earlier but up 13.55 percentage points from the prior quarter.
Carnival (CCL) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Carnival's EBIT Margin came in at 15.99%, down 0.44 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 16.84%, up 2.56 percentage points from FY2024.
- EBIT Margin has increased for four consecutive fiscal years, with a five-year change of +175.28 percentage points (FY2020 to FY2025).
- By fiscal year, EBIT Margin came in at 14.28% in FY2024 (+5.23 pp), 9.06% in FY2023 (+45.05 pp), -35.99% in FY2022 (+335.55 pp) and -371.54% in FY2021 (-213.10 pp).
- Five-year quarterly EBIT Margin spans a low of -147.09% in fiscal Q4 2021 and a high of 27.85% in fiscal Q3 2025.
- Year over year, EBIT Margin gained in six of the last eight quarters, with an average year-over-year change of +1.38 percentage points.
- The high point for year-over-year EBIT Margin in five years was fiscal Q1 2022 (a gain of 5769.67 percentage points); the low point was fiscal Q2 2026 (a drop of 1.99 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 12.77% (Q2 2026), 9.85% (Q1 2026) and 11.61% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 25.68% |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 29.40% |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 26.32% |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | -9.30% |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | -71.84% |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 31.02% |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 13.76% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 26.32% |
| May 31, 2026 | 12.77% |
| Feb 28, 2026 | 9.85% |
| Nov 30, 2025 | 11.61% |
| Aug 31, 2025 | 27.85% |
| May 31, 2025 | 14.76% |
| Feb 28, 2025 | 9.35% |
| Nov 30, 2024 | 9.45% |
| Aug 31, 2024 | 27.58% |
| May 31, 2024 | 9.69% |
| Feb 29, 2024 | 5.11% |
| Nov 30, 2023 | 7.12% |
| Aug 31, 2023 | 23.69% |
| May 31, 2023 | 2.44% |
| Feb 28, 2023 | -3.88% |
| Nov 30, 2022 | -29.56% |
| Aug 31, 2022 | -6.48% |
| May 31, 2022 | -61.35% |
| Feb 28, 2022 | -91.87% |
| Nov 30, 2021 | -147.09% |
Carnival EBIT Margin 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=ebit-margin&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();