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% YoY from $30.0 million in Q2 2025, and down 50.0% on a QoQ basis from -$2.0 million in Q1 2026.
Carnival (CCL) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Carnival (CCL) has 18 years of Exchange Rate Effect data on file, last reported at -$3.0 million in Q2 2026.
- Quarterly Exchange Rate Effect fell 110.0% year-over-year to -$3.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$10.0 million (down 145.45% YoY) and the FY2025 annual result came in at $19.0 million, up 337.5% from the prior year.
- Exchange Rate Effect fell to -$3.0 million in Q2 2026, from -$2.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $30.0 million in Q2 2025 to a low of -$32.0 million in Q3 2022.
- A 5-year average of -$3.1 million and a median of -$3.0 million in 2024 frame the typical range for Exchange Rate Effect.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect slumped 640.0% — and 2025, when it soared 1100.0%.
- Tracing CCL's Exchange Rate Effect over 5 years: stood at -$12.0 million in 2022, then jumped by 33.33% to -$8.0 million in 2023, then tumbled by 125.0% to -$18.0 million in 2024, then surged by 38.89% to -$11.0 million in 2025, then soared by 72.73% to -$3.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$3.0 million (Q2 2026), -$2.0 million (Q1 2026), and -$11.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | -111.00 Mn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | -28.00 Mn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | - |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 1.13 Mn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | -3.00 Mn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | -8.00 Mn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | - |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | -3.32 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | -2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -3.00 Mn |
| May 31, 2026 | -3.00 Mn |
| Feb 28, 2026 | -2.00 Mn |
| Feb 28, 2026 | -2.00 Mn |
| Nov 30, 2025 | -11.00 Mn |
| Nov 30, 2025 | -11.00 Mn |
| Aug 31, 2025 | 6.00 Mn |
| Aug 31, 2025 | 6.00 Mn |
| May 31, 2025 | 30.00 Mn |
| May 31, 2025 | 30.00 Mn |
| Feb 28, 2025 | -6.00 Mn |
| Feb 28, 2025 | -6.00 Mn |
| Nov 30, 2024 | -18.00 Mn |
| Nov 30, 2024 | -18.00 Mn |
| Aug 31, 2024 | 16.00 Mn |
| Aug 31, 2024 | 16.00 Mn |
| May 31, 2024 | -3.00 Mn |
| May 31, 2024 | -3.00 Mn |
| Feb 29, 2024 | -3.00 Mn |
| Feb 29, 2024 | -3.00 Mn |