Carnival (CCL) Gross Margin (2009 - 2020)
Carnival (CCL) reported Gross Margin of 235.68% for 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.
Carnival (CCL) Gross Margin (2009 - 2020) Analysis & Trends
Carnival has reported Gross Margin for 12 years, with the latest figure at 235.68% 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 for Q2 2020 stood at 235.68%, down from 26.44% in the prior quarter.
- The five-year high for Gross Margin was 94.9% in Q3 2016, with the low at 235.68% in Q2 2020.
- Historically, Gross Margin has averaged 22.4% across 5 years, with a median of 38.48% in 2018.
- Annual changes were most pronounced in 2017 — Gross Margin surged 15782 bps — and 2020, when it slumped 27038 bps.
- Carnival's Gross Margin stood at 119.26% in 2016, then soared by 132 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 62.62% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 78.30% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 49.53% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 89.00% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 40.89% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 85.00% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 96.36% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 78.84% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
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 | 38.25% |
| Feb 28, 2017 | 89.41% |
| Nov 30, 2016 | -119.26% |
| Aug 31, 2016 | 94.90% |
| May 31, 2016 | 75.26% |
| Feb 29, 2016 | 38.56% |
| Nov 30, 2015 | 115.68% |
| Aug 31, 2015 | 98.32% |