Carnival (CCL) Gross Margin (2009 - 2020)

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

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

Carnival (CCL) has 12 years of Gross Margin data on file, last reported at 235.68% in Q2 2020.

  • Quarterly Gross Margin fell 27038.0% year-over-year to 235.68% in Q2 2020, while the trailing twelve-month figure through May 2020 was 25.11% (down 1430.0% YoY) and the FY2019 annual result came in at 38.01%, down 326.0% from the prior year.
  • Gross Margin fell to 235.68% in Q2 2020, from 26.44% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 99.0% in Q2 2016 to a low of 235.68% in Q2 2020.
  • A 5-year average of 23.61% and a median of 38.52% in 2017 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2016 — Gross Margin slumped 255318 bps — and 2017, when it soared 17383 bps.
  • Tracing CCL's Gross Margin over 5 years: stood at 135.27% in 2016, then soared by 129 bps to 38.55% in 2017, then dropped by 0 bps to 38.49% in 2018, then fell by 7 bps to 35.68% in 2019, then plunged by 761 bps to 235.68% in 2020.
  • The last three Gross Margin figures came in at 235.68% (Q2 2020), 26.44% (Q1 2020), and 35.68% (Q4 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Booking Holdings 159.34 Bn 142.12 Bn 4.98 Bn 67.75%
2 Airbnb 108.60 Bn 96.53 Bn 2.98 Bn 82.46%
3 Royal Caribbean Cruises 81.57 Bn 80.88 Bn 2.29 Bn 47.29%
4 Viking Holdings 44.18 Bn 40.38 Bn 713.43 Mn 41.37%
5 Carnival 38.51 Bn 36.29 Bn - -
6 Expedia 38.08 Bn 30.96 Bn 3.91 Bn 90.66%
7 Trip.com 29.19 Bn 17.73 Bn 1.86 Bn 79.12%
8 Norwegian Cruise Line Holdings 8.73 Bn 8.51 Bn 1.05 Bn 39.91%
9 MakeMyTrip 5.85 Bn 5.09 Bn 212.91 Mn 74.55%
10 Global Business Travel 4.94 Bn 4.47 Bn 514.00 Mn 59.08%

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 93.59%
Feb 28, 2017 93.38%
Nov 30, 2016 -135.27%
Aug 31, 2016 49.72%
May 31, 2016 99.00%
Feb 29, 2016 38.56%
Nov 30, 2015 2,417.91%
Aug 31, 2015 88.08%