Carnival (CCL) FCF Payout Ratio (2009 - 2026)

Carnival (CCL) reported FCF Payout Ratio of 0.3 for Q1 2026, up 364.86% quarter-over-quarter from 0.11 in Q2 2020.

Carnival (CCL) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Carnival has reported FCF Payout Ratio for 13 years, with the latest figure at 0.3 in Q1 2026.

For the quarter ending Q1 2026, FCF Payout Ratio changed N/A year-over-year to 0.3; the trailing twelve-month figure through Feb 2026 stood at 0.07 (changed N/A YoY), and the FY2020 full-year result was 0.07, down 100.23% from the prior year.
FCF Payout Ratio for Q1 2026 stood at 0.3, up from 0.11 in the prior quarter.
The five-year high for FCF Payout Ratio was 0.3 in Q1 2026, with the low at 0.3 in Q1 2026.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	FCF Cover (Qtr)
1	Booking Holdings	131.01 Bn	114.99 Bn	3.46 Bn	0.11
2	Airbnb	79.86 Bn	67.85 Bn	2.10 Bn	-
3	Royal Caribbean Cruises	75.60 Bn	75.08 Bn	2.21 Bn	0.16
4	Carnival	37.80 Bn	36.39 Bn	-	0.30
5	Expedia	27.88 Bn	22.09 Bn	3.05 Bn	0.02
6	Norwegian Cruise Line Holdings	8.56 Bn	8.38 Bn	953.34 Mn	-
7	Global Business Travel	4.79 Bn	4.35 Bn	714.00 Mn	-
8	Travel & Leisure	4.51 Bn	4.25 Bn	926.00 Mn	2.00
9	Trip.com	4.42 Bn	-788.25 Mn	1.74 Bn	-
10	MakeMyTrip	2.12 Bn	1.35 Bn	-	-

Historic Data

Download Data

Date	Value
Feb 28, 2026	0.30
May 31, 2020	-0.11
Feb 29, 2020	-0.84
Nov 30, 2019	-0.38
Aug 31, 2019	0.42
May 31, 2019	0.30
Feb 28, 2019	-0.34
Nov 30, 2018	2.38
Aug 31, 2018	0.47
May 31, 2018	0.82
Feb 28, 2018	0.66
Nov 30, 2017	0.77
Aug 31, 2017	0.29
May 31, 2017	0.54
Feb 28, 2017	0.49
Nov 30, 2016	0.68
Aug 31, 2016	0.27
May 31, 2016	0.92
Feb 29, 2016	0.50
Nov 30, 2015	0.60