Carnival (CCL) Gross Margin (2009 - 2020)
Carnival's Gross Margin was -235.68% in fiscal Q2 2020 (quarter ended May 31, 2020), down 270.38 percentage points from 34.70% a year earlier and down 262.11 percentage points from the prior quarter.
Carnival (CCL) Gross Margin (2009 - 2020) Analysis & Trends
On a trailing twelve-month basis, Carnival's Gross Margin was 25.11% through May 31, 2020, down 14.30 percentage points year-over-year; for FY2019 (ended Nov 30, 2019), it was 38.01%, down 3.26 percentage points from FY2018.
- Gross Margin shows a five-year change of +3.62 percentage points (FY2014 to FY2019).
- In earlier fiscal years, Gross Margin was 41.27% in FY2018 (+1.24 pp), 40.03% in FY2017 (-2.72 pp), 42.75% in FY2016 (+2.87 pp) and 39.88% in FY2015 (+5.49 pp).
- The fiscal Q2 2020 figure marks the lowest quarterly Gross Margin in data going back to fiscal Q1 2009.
- Compared with a year earlier, Gross Margin has declined for seven straight quarters, with an average year-over-year change of -35.75 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2016 (a gain of 30.53 percentage points); the worst was fiscal Q2 2020 (a drop of 270.38 percentage points).
- Per Business Quant data, CCL's Gross Margin in the three fiscal quarters before Q2 2020 was 26.44% (Q1 2020), 35.68% (Q4 2019) and 45.94% (Q3 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.60 Bn | 107.87 Bn | 1.54 Bn | 22.03% |
| 2 | Royal Caribbean Cruises | 90.34 Bn | 87.28 Bn | 2.88 Bn | 51.51% |
| 3 | Hilton Worldwide Holdings | 83.57 Bn | 80.31 Bn | 3.05 Bn | 91.85% |
| 4 | Carnival | 41.95 Bn | 35.13 Bn | - | - |
| 5 | Viking Holdings | 38.55 Bn | 23.68 Bn | 996.62 Mn | 45.50% |
| 6 | Trip.com | 28.99 Bn | -16.05 Bn | 1.84 Bn | 79.81% |
| 7 | Intercontinental Hotels | 27.93 Bn | 23.90 Bn | - | - |
| 8 | Hyatt Hotels | 17.36 Bn | 14.78 Bn | 384.00 Mn | 22.03% |
| 9 | H World | 15.47 Bn | 6.87 Bn | 456.00 Mn | 43.43% |
| 10 | U-Haul Holding | 11.14 Bn | 6.79 Bn | 1.75 Bn | 98.83% |
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% |
Carnival Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();