Carnival (CCL) Equity Average (2009 - 2026)

Carnival (CCL) reported Equity Average of $12.7 billion for Q1 2026, up 37.43% on a YoY basis from $9.2 billion in Q1 2025, and up 4.63% quarter-over-quarter from $12.1 billion in Q4 2025.

Carnival (CCL) Equity Average (2009 - 2026) Analysis & Trends

Carnival has reported Equity Average for 18 years, with the latest figure at $12.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Equity Average rose 37.43% year-over-year to $12.7 billion; the trailing twelve-month figure through Feb 2026 stood at $12.7 billion (up 37.43% YoY), and the FY2025 full-year result was $10.8 billion, up 33.48% from the prior year.
  • Equity Average for Q1 2026 stood at $12.7 billion, up from $12.1 billion in the prior quarter.
  • The five-year high for Equity Average was $12.7 billion in Q1 2026, with the low at $6.0 billion in Q2 2023.
  • Historically, Equity Average has averaged $8.7 billion across 5 years, with a median of $8.3 billion in 2022.
  • Annual changes were most pronounced in 2022 — Equity Average sank 50.73% — and 2025, when it soared 42.33%.
  • Carnival's Equity Average stood at $7.7 billion in 2022, then slipped by 10.37% to $6.9 billion in 2023, then grew by 28.94% to $8.9 billion in 2024, then jumped by 35.66% to $12.1 billion in 2025, then climbed by 4.63% to $12.7 billion in 2026.
  • The last three Equity Average figures came in at $12.7 billion (Q1 2026), $12.1 billion (Q4 2025), and $11.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -7.15 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 7.92 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 10.03 Bn
4 Carnival 37.80 Bn 36.39 Bn - 12.67 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 2.19 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 2.32 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 1.61 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -1.00 Bn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 23.97 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Feb 28, 2026 12.67 Bn
Nov 30, 2025 12.11 Bn
Aug 31, 2025 10.97 Bn
May 31, 2025 9.59 Bn
Feb 28, 2025 9.22 Bn
Nov 30, 2024 8.92 Bn
Aug 31, 2024 7.71 Bn
May 31, 2024 6.75 Bn
Feb 29, 2024 6.78 Bn
Nov 30, 2023 6.92 Bn
Aug 31, 2023 6.41 Bn
May 31, 2023 6.02 Bn
Feb 28, 2023 6.62 Bn
Nov 30, 2022 7.72 Bn
Aug 31, 2022 8.32 Bn
May 31, 2022 9.29 Bn
Feb 28, 2022 11.23 Bn
Nov 30, 2021 13.50 Bn
Aug 31, 2021 16.37 Bn
May 31, 2021 18.84 Bn