Carnival (CCL) Free Cash Flow (2009 - 2026)

Carnival's Free Cash Flow history runs 18 years deep, the most recent figure standing at $1.8 billion for Q2 2026.

• Quarterly Free Cash Flow rose 13.89% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.2 billion (up 14.04% YoY) and the FY2025 annual result came in at $2.6 billion, up 101.0% from the prior year.
• Free Cash Flow was $1.8 billion for Q2 2026 at Carnival, up from $697.0 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $1.8 billion in Q2 2026 and bottomed at -$3.9 billion in Q1 2022.
• A 5-year average of $41.3 million and a median of $318.5 million in 2024 frame the typical range for Free Cash Flow.
• Annual changes were most pronounced in 2023 — Free Cash Flow surged 213.04% — and 2025, when it sank 96.24%.
• Carnival's Free Cash Flow stood at -$1.3 billion in 2022, then jumped by 119.03% to $247.0 million in 2023, then gained by 29.15% to $319.0 million in 2024, then sank by 96.24% to $12.0 million in 2025, then soared by 14525.0% to $1.8 billion in 2026.
• Business Quant data shows CCL's Free Cash Flow at $1.8 billion in Q2 2026, $697.0 million in Q1 2026, and $12.0 million in Q4 2025.