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

Carnival's (CCL) quarterly FCF Payout Ratio came in at 0.12 in Q2 2026, down 60.67% on a QoQ basis from 0.3 in Q1 2026.

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

Carnival (CCL) has 13 years of FCF Payout Ratio data on file, last reported at 0.12 in Q2 2026.

Quarterly FCF Payout Ratio changed N/A year-over-year to 0.12 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.13 (changed N/A YoY) and the FY2020 annual result came in at 0.07, down 100.23% from the prior year.
FCF Payout Ratio fell to 0.12 in Q2 2026, from 0.3 in the prior quarter.
In the past five years, FCF Payout Ratio ranged from a high of 0.3 in Q1 2026 to a low of 0.12 in Q2 2026.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	FCF Cover (Qtr)
1	Booking Holdings	159.34 Bn	142.12 Bn	4.98 Bn	0.09
2	Airbnb	108.60 Bn	96.53 Bn	2.98 Bn	-
3	Royal Caribbean Cruises	81.57 Bn	80.88 Bn	2.29 Bn	-0.46
4	Viking Holdings	44.18 Bn	40.38 Bn	713.43 Mn	-
5	Carnival	38.51 Bn	36.29 Bn	-	0.12
6	Expedia	38.08 Bn	30.96 Bn	3.91 Bn	0.05
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	-
10	Global Business Travel	4.94 Bn	4.47 Bn	514.00 Mn	-

Historic Data

Download Data

Date	Value
May 31, 2026	0.12
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