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

Carnival (CCL) EBT Margin (2009 - 2026)

Carnival's (CCL) quarterly EBT Margin came in at 8.33% in Q2 2026, down 92.0% on a YoY basis from 104.12% in Q2 2025, and up 83.4% quarter-over-quarter from 4.54% in Q1 2026.

Analysis

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

Carnival (CCL) has reported EBT Margin for 18 consecutive years, with 8.33% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT Margin fell 92.0% year-over-year to 8.33%; the trailing twelve-month figure through May 2026 stood at 11.34% (up 152.0% YoY), and the FY2025 full-year result was 10.41%, up 276.0% from the prior year.
  • EBT Margin advanced to 8.33% in Q2 2026 per CCL's latest filing, from 4.54% in the prior quarter.
  • Across five years, EBT Margin topped out at 22.78% in Q3 2025 and bottomed at 116.33% in Q1 2022.
  • Historically, EBT Margin has averaged 10.34% across 5 years, with a median of 0.47% in 2023.
  • The sharpest annual moves came in 2022 and 2026: EBT Margin soared 749521 bps in 2022, then plunged 92 bps in 2026.
  • Over 5 years, EBT Margin stood at 41.73% in 2022, then jumped by 98 bps to 0.72% in 2023, then soared by 773 bps to 4.87% in 2024, then surged by 31 bps to 6.38% in 2025, then soared by 31 bps to 8.33% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 8.33%, 4.54%, and 6.38% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 23.80%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 27.14%
3 Carnival 32.12 Bn 29.88 Bn - 8.33%
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 8.56%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 0.55%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 8.33%
Feb 28, 2026 4.54%
Nov 30, 2025 6.38%
Aug 31, 2025 22.78%
May 31, 2025 9.24%
Feb 28, 2025 -1.17%
Nov 30, 2024 4.87%
Aug 31, 2024 22.07%
May 31, 2024 1.66%
Feb 29, 2024 -3.96%
Nov 30, 2023 -0.72%
Aug 31, 2023 15.54%
May 31, 2023 -8.19%
Feb 28, 2023 -15.48%
Nov 30, 2022 -41.73%
Aug 31, 2022 -17.63%
May 31, 2022 -76.26%
Feb 28, 2022 -116.33%
Nov 30, 2021 -203.89%
Aug 31, 2021 -523.63%