Carnival (CCL) Invested Capital (2009 - 2026)
Carnival's (CCL) quarterly Invested Capital came in at $1.5 billion in Q2 2026, up 5.68% YoY from $1.4 billion in Q2 2025, and down 2.06% on a QoQ basis from $1.5 billion in Q1 2026.
Carnival (CCL) Invested Capital (2009 - 2026) Analysis & Trends
Carnival (CCL) has 18 years of Invested Capital data on file, last reported at $1.5 billion in Q2 2026.
- Quarterly Invested Capital rose 5.68% year-over-year to $1.5 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $7.0 billion (up 4.76% YoY) and the FY2025 annual result came in at $2.6 billion, up 69.25% from the prior year.
- Invested Capital declined to $1.5 billion in Q2 2026, from $1.5 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $2.9 billion in Q3 2022 to a low of $1.4 billion in Q2 2025.
- A 5-year average of $2.1 billion and a median of $2.2 billion in 2024 frame the typical range for Invested Capital.
- The widest YoY moves for Invested Capital: up 69.25% in 2025, down 36.18% in 2025.
- Tracing CCL's Invested Capital over 5 years: stood at $2.4 billion in 2022, then decreased by 12.7% to $2.1 billion in 2023, then slipped by 26.38% to $1.5 billion in 2024, then surged by 69.25% to $2.6 billion in 2025, then plunged by 43.49% to $1.5 billion in 2026.
- The last three Invested Capital figures came in at $1.5 billion (Q2 2026), $1.5 billion (Q1 2026), and $2.6 billion (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 2.00 Bn |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn | 1.57 Bn |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | 374.61 Mn |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | - |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | 1.47 Bn |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn | 2.90 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn | 15.47 Bn |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | 1.43 Bn |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 61.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 1.47 Bn |
| Feb 28, 2026 | 1.50 Bn |
| Nov 30, 2025 | 2.60 Bn |
| Aug 31, 2025 | 1.42 Bn |
| May 31, 2025 | 1.39 Bn |
| Feb 28, 2025 | 1.53 Bn |
| Nov 30, 2024 | 1.54 Bn |
| Aug 31, 2024 | 2.21 Bn |
| May 31, 2024 | 2.18 Bn |
| Feb 29, 2024 | 2.20 Bn |
| Nov 30, 2023 | 2.09 Bn |
| Feb 28, 2023 | 2.26 Bn |
| Nov 30, 2022 | 2.39 Bn |
| Aug 31, 2022 | 2.88 Bn |
| May 31, 2022 | 2.68 Bn |
| Feb 28, 2022 | 2.74 Bn |
| Nov 30, 2021 | 1.93 Bn |
| Aug 31, 2021 | 3.10 Bn |
| May 31, 2021 | 3.10 Bn |
| Feb 28, 2021 | 3.08 Bn |