Carnival (CCL) Gross Margin (2009 - 2020)
Carnival (CCL) posted Gross Margin of 235.68% for Q2 2020, down 991.51% on a QoQ basis from 26.44% in Q1 2020, and down 27038.0% year-over-year from N/an in Q2 2019.
Carnival (CCL) Gross Margin (2009 - 2020) Analysis & Trends
Carnival's Gross Margin history runs 12 years deep, the most recent figure standing at 235.68% for 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 was 235.68% for Q2 2020 at Carnival, down from 26.44% in the prior quarter.
- Across five years, Gross Margin topped out at 99.0% in Q2 2016 and bottomed at 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 sank 255318 bps — and 2017, when it soared 17383 bps.
- Carnival's Gross Margin stood at 135.27% in 2016, then surged by 129 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.
- Business Quant data shows CCL's Gross Margin at 235.68% in Q2 2020, 26.44% in Q1 2020, and 35.68% in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 62.62% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 49.53% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 78.30% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 55.39% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 41.37% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 89.00% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 40.89% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 79.62% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 58.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |