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| 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 |