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| 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% |