Carnival (CCL) EV to FCF (2009 - 2026)
Carnival's (CCL) EV to FCF stood at 11.31 in fiscal Q2 2026 (quarter ended May 31, 2026), up 27.2% from 8.90 a year earlier but down 10.3% from the prior quarter.
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Analysis
Carnival (CCL) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Carnival's EV to FCF came in at 9.72 as of May 31, 2026, up 27.4% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 11.50, down 47.5% from FY2024.
- Across earlier fiscal years, EV to FCF came in at 21.89 in FY2024 (+51.1%) and 14.49 in FY2023.
- Quarterly EV to FCF has ranged from 8.90 in fiscal Q2 2025 to 21.89 in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, EV to FCF rose in three of the last seven quarters, with growth averaging 2.3%.
- Per Business Quant, the preceding three fiscal quarters came in at 12.62 (Q1 2026), 11.50 (Q4 2025) and 12.17 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.17 Bn | 4.86 Bn | 493.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 9.74 |
| May 31, 2026 | 11.31 |
| Feb 28, 2026 | 12.62 |
| Nov 30, 2025 | 11.50 |
| Aug 31, 2025 | 12.17 |
| May 31, 2025 | 8.90 |
| Feb 28, 2025 | 13.64 |
| Nov 30, 2024 | 21.89 |
| Aug 31, 2024 | 14.30 |
| May 31, 2024 | 9.59 |
| Feb 29, 2024 | 11.84 |
| Nov 30, 2023 | 14.49 |
| Feb 29, 2020 | 33.18 |
| Nov 30, 2019 | 664.94 |
| Aug 31, 2019 | 26.23 |
| May 31, 2019 | 32.16 |
| Feb 28, 2019 | 132.59 |
| Nov 30, 2018 | 23.19 |
| Aug 31, 2018 | 21.15 |
| May 31, 2018 | 19.09 |
API Access
Carnival EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();