Carnival (CCL) EV to FCF (2009 - 2026)

Carnival (CCL) has reported EV to FCF for 18 consecutive years, with 20.63 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, EV to FCF rose 27.36% year-over-year to 20.63; the trailing twelve-month figure through May 2026 stood at 11.31 (up 27.19% YoY), and the FY2025 full-year result was 11.5, down 47.49% from the prior year.
• EV to FCF fell to 20.63 in Q2 2026 per CCL's latest filing, from 54.07 in the prior quarter.
• Across five years, EV to FCF topped out at 2497.36 in Q4 2025 and bottomed at 42.05 in Q1 2024.
• Historically, EV to FCF has averaged 159.75 across 5 years, with a median of 19.5 in 2026.
• The sharpest annual moves came in 2024 and 2025: EV to FCF slumped 352.63% in 2024, then jumped 2705.56% in 2025.
• Over 5 years, EV to FCF stood at 3.88 in 2022, then soared by 1604.92% to 58.43 in 2023, then surged by 52.34% to 89.01 in 2024, then surged by 2705.56% to 2497.36 in 2025, then plunged by 99.17% to 20.63 in 2026.
• According to Business Quant data, EV to FCF over the past three periods registered 20.63, 54.07, and 2497.36 for Q2 2026, Q1 2026, and Q4 2025 respectively.