Carnival (CCL) Invested Capital (2009 - 2026)

Carnival (CCL) posted Invested Capital of $1.5 billion for Q2 2026, down 2.06% on a QoQ basis from $1.5 billion in Q1 2026, and up 5.68% year-over-year from $1.4 billion in Q2 2025.

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

Carnival's Invested Capital history runs 18 years deep, the most recent figure standing at $1.5 billion for 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 was $1.5 billion for Q2 2026 at Carnival, down from $1.5 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $2.9 billion in Q3 2022 and bottomed at $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.
  • Peak annual rise in Invested Capital reached 69.25% in 2025, while the deepest fall reached 36.18% in 2025.
  • Carnival's Invested Capital stood at $2.4 billion in 2022, then dropped by 12.7% to $2.1 billion in 2023, then declined by 26.38% to $1.5 billion in 2024, then jumped by 69.25% to $2.6 billion in 2025, then slumped by 43.49% to $1.5 billion in 2026.
  • Business Quant data shows CCL's Invested Capital at $1.5 billion in Q2 2026, $1.5 billion in Q1 2026, and $2.6 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 3.02 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.45 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 7.65 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 374.61 Mn
6 Carnival 34.61 Bn 32.38 Bn - 1.47 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn -
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 15.61 Bn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 62.00 Mn

Historic Data

Download Data
DateValue
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