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
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%