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

Carnival (CCL) Exchange Rate Effect (2009 - 2026)

Carnival's (CCL) quarterly Exchange Rate Effect came in at -$3.0 million in Q2 2026, down 110.0% on a YoY basis from $30.0 million in Q2 2025, and down 50.0% quarter-over-quarter from -$2.0 million in Q1 2026.

Analysis

Carnival (CCL) Exchange Rate Effect (2009 - 2026) Analysis & Trends

Carnival (CCL) has reported Exchange Rate Effect for 18 consecutive years, with -$3.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Exchange Rate Effect fell 110.0% year-over-year to -$3.0 million; the trailing twelve-month figure through May 2026 stood at -$10.0 million (down 145.45% YoY), and the FY2025 full-year result was $19.0 million, up 337.5% from the prior year.
  • Exchange Rate Effect eased to -$3.0 million in Q2 2026 per CCL's latest filing, from -$2.0 million in the prior quarter.
  • Across five years, Exchange Rate Effect topped out at $30.0 million in Q2 2025 and bottomed at -$32.0 million in Q3 2022.
  • Historically, Exchange Rate Effect has averaged -$3.1 million across 5 years, with a median of -$3.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Exchange Rate Effect tumbled 640.0% in 2022, then jumped 1100.0% in 2025.
  • Over 5 years, Exchange Rate Effect stood at -$12.0 million in 2022, then soared by 33.33% to -$8.0 million in 2023, then sank by 125.0% to -$18.0 million in 2024, then jumped by 38.89% to -$11.0 million in 2025, then surged by 72.73% to -$3.0 million in 2026.
  • According to Business Quant data, Exchange Rate Effect over the past three periods registered -$3.0 million, -$2.0 million, and -$11.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn -
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 1.95 Mn
3 Carnival 32.12 Bn 29.88 Bn - -3.00 Mn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn -
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn -
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 -3.00 Mn
Feb 28, 2026 -2.00 Mn
Nov 30, 2025 -11.00 Mn
Aug 31, 2025 6.00 Mn
May 31, 2025 30.00 Mn
Feb 28, 2025 -6.00 Mn
Nov 30, 2024 -18.00 Mn
Aug 31, 2024 16.00 Mn
May 31, 2024 -3.00 Mn
Feb 29, 2024 -3.00 Mn
Nov 30, 2023 -8.00 Mn
Aug 31, 2023 19.00 Mn
May 31, 2023 8.00 Mn
Feb 28, 2023 -2.00 Mn
Nov 30, 2022 -12.00 Mn
Aug 31, 2022 -32.00 Mn
May 31, 2022 -27.00 Mn
Feb 28, 2022 -8.00 Mn
Nov 30, 2021 -26.00 Mn
Aug 31, 2021 -6.00 Mn