Carnival CCL
NYSE CCL
$23.18 -0.33 (-1.40%)
As of: Sep 8, 2026 · 3:59 PM EDT

Carnival (CCL) Invested Capital (2009 - 2026)

Carnival's (CCL) quarterly Invested Capital came in at $40.0 billion in Q2 2026, up 1.67% on a YoY basis from $39.4 billion in Q2 2025, and down 1.31% quarter-over-quarter from $40.6 billion in Q1 2026.

Analysis

Carnival (CCL) Invested Capital (2009 - 2026) Analysis & Trends

Carnival (CCL) has reported Invested Capital for 18 consecutive years, with $40.0 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Invested Capital rose 1.67% year-over-year to $40.0 billion; the trailing twelve-month figure through May 2026 stood at $40.0 billion (up 1.67% YoY), and the FY2025 full-year result was $38.9 billion, up 5.99% from the prior year.
  • Invested Capital retreated to $40.0 billion in Q2 2026 per CCL's latest filing, from $40.6 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $51.5 billion in Q1 2022 and bottomed at $36.7 billion in Q4 2024.
  • Historically, Invested Capital has averaged $41.8 billion across 5 years, with a median of $40.5 billion in 2024.
  • The sharpest annual moves came in 2023 and 2025: Invested Capital slipped 16.22% in 2023, then climbed 5.99% in 2025.
  • Over 5 years, Invested Capital stood at $41.6 billion in 2022, then slipped by 9.99% to $37.5 billion in 2023, then slipped by 1.95% to $36.7 billion in 2024, then grew by 5.99% to $38.9 billion in 2025, then climbed by 2.83% to $40.0 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $40.0 billion, $40.6 billion, and $38.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 33.31 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 7.60 Bn
3 Carnival 32.12 Bn 29.88 Bn - 40.03 Bn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 17.61 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 468.03 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 40.03 Bn
Feb 28, 2026 40.56 Bn
Nov 30, 2025 38.92 Bn
Aug 31, 2025 40.53 Bn
May 31, 2025 39.37 Bn
Feb 28, 2025 38.42 Bn
Nov 30, 2024 36.73 Bn
Aug 31, 2024 40.46 Bn
May 31, 2024 39.15 Bn
Feb 29, 2024 40.43 Bn
Nov 30, 2023 37.45 Bn
Aug 31, 2023 40.83 Bn
May 31, 2023 42.17 Bn
Feb 28, 2023 44.60 Bn
Nov 30, 2022 41.61 Bn
Aug 31, 2022 48.74 Bn
May 31, 2022 50.06 Bn
Feb 28, 2022 51.51 Bn
Nov 30, 2021 46.25 Bn
Aug 31, 2021 53.03 Bn