Carnival (CCL) Interest Expenses (2009 - 2026)

Carnival (CCL) posted Interest Expenses of $681.0 million for Q2 2026, down 4.49% on a QoQ basis from $713.0 million in Q1 2026, and up 99.71% year-over-year from $341.0 million in Q2 2025.

Carnival (CCL) Interest Expenses (2009 - 2026) Analysis & Trends

Carnival's Interest Expenses history runs 18 years deep, the most recent figure standing at $681.0 million for Q2 2026.

  • Quarterly Interest Expenses rose 99.71% year-over-year to $681.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $681.0 million (down 57.09% YoY) and the FY2025 annual result came in at $1.3 billion, down 23.13% from the prior year.
  • Interest Expenses was $681.0 million for Q2 2026 at Carnival, down from $713.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $828.0 million in Q1 2023 and bottomed at $315.0 million in Q4 2025.
  • A 5-year average of $598.6 million and a median of $694.0 million in 2025 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses soared 125.0% — and 2025, when it sank 58.41%.
  • Carnival's Interest Expenses stood at $448.0 million in 2022, then advanced by 4.02% to $466.0 million in 2023, then retreated by 13.52% to $403.0 million in 2024, then dropped by 21.84% to $315.0 million in 2025, then jumped by 116.19% to $681.0 million in 2026.
  • Business Quant data shows CCL's Interest Expenses at $681.0 million in Q2 2026, $713.0 million in Q1 2026, and $315.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 272.00 Mn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 320.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 166.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -471,000.00
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -84.94 Mn
6 Carnival 34.61 Bn 32.38 Bn - 681.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 198.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 4.05 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 16.59 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 27.00 Mn

Historic Data

Download Data
DateValue
May 31, 2026 681.00 Mn
May 31, 2026 681.00 Mn
Feb 28, 2026 713.00 Mn
Feb 28, 2026 713.00 Mn
Nov 30, 2025 315.00 Mn
Nov 30, 2025 315.00 Mn
Aug 31, 2025 707.00 Mn
Aug 31, 2025 707.00 Mn
May 31, 2025 341.00 Mn
May 31, 2025 341.00 Mn
Feb 28, 2025 377.00 Mn
Feb 28, 2025 377.00 Mn
Nov 30, 2024 403.00 Mn
Nov 30, 2024 403.00 Mn
Aug 31, 2024 788.00 Mn
Aug 31, 2024 788.00 Mn
May 31, 2024 820.00 Mn
May 31, 2024 820.00 Mn
Feb 29, 2024 813.00 Mn
Feb 29, 2024 813.00 Mn