Carnival (CCL) Land & Improvements (2009 - 2025)

Carnival has reported Land & Improvements for 17 years, with the latest figure at $5.3 billion in Q4 2025.

• For the quarter ending Q4 2025, Land & Improvements rose 12.96% year-over-year to $5.3 billion; the trailing twelve-month figure through Nov 2025 stood at $5.3 billion (up 12.96% YoY), and the FY2025 full-year result was $5.3 billion, up 12.96% from the prior year.
• Land & Improvements for Q4 2025 stood at $5.3 billion, up from $4.7 billion in the prior quarter.
• The five-year high for Land & Improvements was $5.3 billion in Q4 2025, with the low at $3.9 billion in Q4 2021.
• Historically, Land & Improvements has averaged $4.4 billion across 5 years, with a median of $4.2 billion in 2023.
• Annual changes were most pronounced in 2021 — Land & Improvements declined 1.6% — and 2025, when it increased 12.96%.
• Carnival's Land & Improvements stood at $3.9 billion in 2021, then increased by 1.07% to $4.0 billion in 2022, then increased by 6.12% to $4.2 billion in 2023, then grew by 11.68% to $4.7 billion in 2024, then gained by 12.96% to $5.3 billion in 2025.
• The last three Land & Improvements figures came in at $5.3 billion (Q4 2025), $4.7 billion (Q4 2024), and $4.2 billion (Q4 2023), per Business Quant data.