Carnival (CCL) Interest Expenses (2009 - 2026)
Carnival's (CCL) quarterly Interest Expenses came in at $285.0 million in Q2 2026, down 16.42% on a YoY basis from $341.0 million in Q2 2025, and down 2.06% quarter-over-quarter from $291.0 million in Q1 2026.
Analysis
Carnival (CCL) Interest Expenses (2009 - 2026) Analysis & Trends
Carnival (CCL) has reported Interest Expenses for 18 consecutive years, with $285.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses fell 16.42% year-over-year to $285.0 million; the trailing twelve-month figure through May 2026 stood at $1.2 billion (down 22.16% YoY), and the FY2025 full-year result was $1.3 billion, down 23.13% from the prior year.
- Interest Expenses declined to $285.0 million in Q2 2026 per CCL's latest filing, from $291.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $542.0 million in Q2 2023 and bottomed at $285.0 million in Q2 2026.
- Historically, Interest Expenses has averaged $408.6 million across 5 years, with a median of $412.5 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses jumped 46.49% in 2023, then retreated 26.45% in 2025.
- Over 5 years, 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 decreased by 9.52% to $285.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $285.0 million, $291.0 million, and $315.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 236.00 Mn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | -82.17 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 285.00 Mn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | - |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 418.00 Mn |