Carnival (CCL) Interest Expenses (2009 - 2026)

For the trailing twelve months through May 31, 2026, Interest Expenses at Carnival was $1.21 billion, down 22.2% year-over-year; for FY2025 (ended Nov 30, 2025), it was $1.35 billion, down 23.1% from FY2024.

• Annual Interest Expenses shows a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
• In prior fiscal years, Carnival's Interest Expenses was $1.76 billion in FY2024 (-15.1%), $2.07 billion in FY2023 (+28.4%), $1.61 billion in FY2022 (+0.5%) and $1.6 billion in FY2021 (+78.9%).
• The fiscal Q2 2026 figure stands as the lowest quarterly Interest Expenses since fiscal Q2 2020.
• On a year-over-year basis, Interest Expenses has declined in each of the last ten quarters, with an average decline of 20.3% over the last eight quarters.
• The strongest year-over-year quarter for Interest Expenses in the past five years was fiscal Q2 2023, with growth of 46.5%; the weakest was fiscal Q3 2025, with a decline of 26.5%.
• According to Business Quant data, Interest Expenses for the three prior fiscal quarters was $291 million (Q1 2026), $315 million (Q4 2025) and $317 million (Q3 2025).