Carnival (CCL) Equity Ratio (2009 - 2026)

Carnival has reported Equity Ratio for 18 years, with the latest figure at 0.25 in Q1 2026.

• For the quarter ending Q1 2026, Equity Ratio rose 33.76% year-over-year to 0.25; the trailing twelve-month figure through Feb 2026 stood at 0.25 (up 33.76% YoY), and the FY2025 full-year result was 0.24, up 26.03% from the prior year.
• Equity Ratio for Q1 2026 stood at 0.25, up from 0.24 in the prior quarter.
• The five-year high for Equity Ratio was 0.25 in Q1 2026, with the low at 0.11 in Q2 2023.
• Historically, Equity Ratio has averaged 0.17 across 5 years, with a median of 0.16 in 2022.
• Annual changes were most pronounced in 2022 — Equity Ratio tumbled 51.98% — and 2025, when it jumped 42.38%.
• Carnival's Equity Ratio stood at 0.14 in 2022, then grew by 2.53% to 0.14 in 2023, then jumped by 34.6% to 0.19 in 2024, then increased by 26.03% to 0.24 in 2025, then grew by 6.47% to 0.25 in 2026.
• The last three Equity Ratio figures came in at 0.25 (Q1 2026), 0.24 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.