Carnival CCL
NYSE CCL
$26.44 +0.55 (+2.10%)
As of: Oct 19, 2026 · 3:59 PM EDT

Carnival (CCL) Interest Expenses (2009 - 2026)

Updated

Carnival (CCL) posted Interest Expenses of $285 million for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 10.1% from $317 million a year earlier and unchanged from the prior quarter.

Analysis

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

For the trailing twelve months through Aug 31, 2026, Interest Expenses at Carnival was $1.18 billion, down 18.2% 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%).
  • Quarterly Interest Expenses has run from a low of $285 million in fiscal Q2 2026 to a high of $542 million in fiscal Q2 2023 over five years.
  • On a year-over-year basis, Interest Expenses has declined in each of the last 11 quarters, with an average decline of 19.4% 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 $285 million (Q2 2026), $291 million (Q1 2026) and $315 million (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Marriott International 103.13 Bn 101.17 Bn 1.55 Bn 221.00 Mn
2 Hilton Worldwide Holdings 78.47 Bn 74.92 Bn 3.08 Bn 183.00 Mn
3 Royal Caribbean Cruises 75.63 Bn 72.99 Bn 2.29 Bn 236.00 Mn
4 Viking Holdings 37.26 Bn 22.38 Bn 996.62 Mn 82.17 Mn
5 Carnival 36.04 Bn 29.22 Bn - 285.00 Mn
6 Intercontinental Hotels 26.07 Bn 22.04 Bn - -
7 Trip.com 26.03 Bn -18.97 Bn 1.84 Bn -17.18 Mn
8 Hyatt Hotels 16.23 Bn 13.39 Bn 388.00 Mn 64.00 Mn
9 H World 14.27 Bn 5.68 Bn 453.94 Mn -9.25 Mn
10 Norwegian Cruise Line Holdings 6.99 Bn 6.22 Bn 1.05 Bn -
Historic Data

Historic Data

Download Data
DateValue
Aug 31, 2026 285.00 Mn
May 31, 2026 285.00 Mn
Feb 28, 2026 291.00 Mn
Nov 30, 2025 315.00 Mn
Aug 31, 2025 317.00 Mn
May 31, 2025 341.00 Mn
Feb 28, 2025 377.00 Mn
Nov 30, 2024 403.00 Mn
Aug 31, 2024 431.00 Mn
May 31, 2024 450.00 Mn
Feb 29, 2024 471.00 Mn
Nov 30, 2023 466.00 Mn
Aug 31, 2023 518.00 Mn
May 31, 2023 542.00 Mn
Feb 28, 2023 539.00 Mn
Nov 30, 2022 448.00 Mn
Aug 31, 2022 422.00 Mn
May 31, 2022 370.00 Mn
Feb 28, 2022 368.00 Mn
Nov 30, 2021 348.00 Mn
API Access

Carnival Interest Expenses 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=interest-expenses&ticker=CCL&period=max&api_key=YOUR_API_KEY