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

Carnival (CCL) Gross Margin (2009 - 2020)

Carnival's (CCL) quarterly Gross Margin came in at 235.68% in Q2 2020, down 27038.0% on a YoY basis from N/an in Q2 2019, and down 991.51% quarter-over-quarter from 26.44% in Q1 2020.

Analysis

Carnival (CCL) Gross Margin (2009 - 2020) Analysis & Trends

Carnival (CCL) has reported Gross Margin for 12 consecutive years, with 235.68% the latest figure, recorded in Q2 2020.

  • For the quarter ending Q2 2020, Gross Margin fell 27038.0% year-over-year to 235.68%; the trailing twelve-month figure through May 2020 stood at 25.11% (down 1430.0% YoY), and the FY2019 full-year result was 38.01%, down 326.0% from the prior year.
  • Gross Margin eased to 235.68% in Q2 2020 per CCL's latest filing, from 26.44% in the prior quarter.
  • Across five years, Gross Margin topped out at 49.72% in Q3 2016 and bottomed at 235.68% in Q2 2020.
  • Historically, Gross Margin has averaged 23.8% across 5 years, with a median of 38.48% in 2018.
  • The sharpest annual moves came in 2016 and 2020: Gross Margin soared 602 bps in 2016, then tumbled 27038 bps in 2020.
  • Over 5 years, Gross Margin stood at 41.07% in 2016, then dropped by 6 bps to 38.55% in 2017, then fell by 0 bps to 38.49% in 2018, then decreased by 7 bps to 35.68% in 2019, then slumped by 761 bps to 235.68% in 2020.
  • According to Business Quant data, Gross Margin over the past three periods registered 235.68%, 26.44%, and 35.68% for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 47.29%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 45.50%
3 Carnival 32.12 Bn 29.88 Bn - -
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 39.91%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 48.50%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2020 -235.68%
Feb 29, 2020 26.44%
Nov 30, 2019 35.68%
Aug 31, 2019 45.94%
May 31, 2019 34.70%
Feb 28, 2019 32.76%
Nov 30, 2018 38.49%
Aug 31, 2018 49.31%
May 31, 2018 38.47%
Feb 28, 2018 35.99%
Nov 30, 2017 38.55%
Aug 31, 2017 45.37%
May 31, 2017 38.25%
Feb 28, 2017 35.77%
Nov 30, 2016 41.07%
Aug 31, 2016 49.72%
May 31, 2016 39.06%
Feb 29, 2016 38.56%
Nov 30, 2015 40.23%
Aug 31, 2015 49.01%