Carnival (CCL) Interest Coverage Ratio (2009 - 2026)

Carnival has reported Interest Coverage Ratio for 18 years, with the latest figure at 2.09 in Q1 2026.

• For the quarter ending Q1 2026, Interest Coverage Ratio rose 44.82% year-over-year to 2.09; the trailing twelve-month figure through Feb 2026 stood at 3.6 (up 55.52% YoY), and the FY2025 full-year result was 3.32, up 63.18% from the prior year.
• Interest Coverage Ratio for Q1 2026 stood at 2.09, down from 2.33 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 7.16 in Q3 2025, with the low at 4.05 in Q1 2022.
• Historically, Interest Coverage Ratio has averaged 0.98 across 5 years, with a median of 1.24 in 2024.
• Annual changes were most pronounced in 2022 — Interest Coverage Ratio declined 7.66% — and 2023, when it soared 574.2%.
• Carnival's Interest Coverage Ratio stood at 2.53 in 2022, then jumped by 132.53% to 0.82 in 2023, then surged by 68.93% to 1.39 in 2024, then jumped by 67.62% to 2.33 in 2025, then slipped by 10.6% to 2.09 in 2026.
• The last three Interest Coverage Ratio figures came in at 2.09 (Q1 2026), 2.33 (Q4 2025), and 7.16 (Q3 2025), per Business Quant data.