Carnival (CCL) Gross Margin (2009 - 2020)
Carnival's (CCL) quarterly Gross Margin came in at 235.68% in 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.
Analysis
Carnival (CCL) Gross Margin (2009 - 2020) Analysis & Trends
Carnival (CCL) has reported Gross Margin for 12 consecutive years, with 235.68% the latest figure, recorded 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 eased to 235.68% in Q2 2020 per CCL's latest filing, from 26.44% in the prior quarter.
- Across five years, Gross Margin topped out at 49.72% in Q3 2016 and bottomed at 235.68% in Q2 2020.
- Historically, Gross Margin has averaged 23.8% across 5 years, with a median of 38.48% in 2018.
- The sharpest annual moves came in 2016 and 2020: Gross Margin soared 602 bps in 2016, then tumbled 27038 bps in 2020.
- Over 5 years, Gross Margin stood at 41.07% in 2016, then dropped by 6 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.
- According to Business Quant data, Gross Margin over the past three periods registered 235.68%, 26.44%, and 35.68% for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 47.29% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 45.50% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 39.91% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 48.50% |
Historic Data
Download Data
Historic 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 | 35.77% |
| Nov 30, 2016 | 41.07% |
| Aug 31, 2016 | 49.72% |
| May 31, 2016 | 39.06% |
| Feb 29, 2016 | 38.56% |
| Nov 30, 2015 | 40.23% |
| Aug 31, 2015 | 49.01% |