Carnival CCL
NYSE CCL
$23.18 -0.33 (-1.40%)
As of: Sep 8, 2026 · 3:59 PM EDT

Carnival (CCL) EBIT Margin (2009 - 2026)

Carnival's (CCL) quarterly EBIT Margin came in at 12.77% in Q2 2026, down 199.0% on a YoY basis from 12.9% in Q2 2025, and up 29.72% quarter-over-quarter from 9.85% in Q1 2026.

Analysis

Carnival (CCL) EBIT Margin (2009 - 2026) Analysis & Trends

Carnival (CCL) has reported EBIT Margin for 18 consecutive years, with 12.77% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBIT Margin fell 199.0% year-over-year to 12.77%; the trailing twelve-month figure through May 2026 stood at 16.35% (up 11.0% YoY), and the FY2025 full-year result was 16.84%, up 256.0% from the prior year.
  • EBIT Margin advanced to 12.77% in Q2 2026 per CCL's latest filing, from 9.85% in the prior quarter.
  • Across five years, EBIT Margin topped out at 27.85% in Q3 2025 and bottomed at 91.87% in Q1 2022.
  • Historically, EBIT Margin has averaged 1.22% across 5 years, with a median of 9.4% in 2024.
  • The sharpest annual moves came in 2022 and 2026: EBIT Margin soared 576967 bps in 2022, then sank 199 bps in 2026.
  • Over 5 years, EBIT Margin stood at 29.56% in 2022, then jumped by 124 bps to 7.12% in 2023, then jumped by 33 bps to 9.45% in 2024, then gained by 23 bps to 11.61% in 2025, then rose by 10 bps to 12.77% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 12.77%, 9.85%, and 11.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 27.05%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 29.40%
3 Carnival 32.12 Bn 29.88 Bn - 12.77%
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 13.76%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 6.00%
Historic Data

Historic Data

Download Data
DateValue
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%
Aug 31, 2021 -376.74%