Carnival (CCL) Land & Improvements (2009 - 2025)
Carnival's (CCL) quarterly Land & Improvements came in at $5.3 billion in Q4 2025, up 12.96% YoY from $4.7 billion in Q4 2024, and up 12.96% on a QoQ basis from $4.7 billion in Q4 2024.
Carnival (CCL) Land & Improvements (2009 - 2025) Analysis & Trends
Carnival (CCL) has 17 years of Land & Improvements data on file, last reported at $5.3 billion in Q4 2025.
- Quarterly Land & Improvements rose 12.96% year-over-year to $5.3 billion in Q4 2025, while the trailing twelve-month figure through Nov 2025 was $5.3 billion (up 12.96% YoY) and the FY2025 annual result came in at $5.3 billion, up 12.96% from the prior year.
- Land & Improvements climbed to $5.3 billion in Q4 2025, from $4.7 billion in the prior quarter.
- In the past five years, Land & Improvements ranged from a high of $5.3 billion in Q4 2025 to a low of $3.9 billion in Q4 2021.
- A 5-year average of $4.4 billion and a median of $4.2 billion in 2023 frame the typical range for Land & Improvements.
- Annual changes were most pronounced in 2021 — Land & Improvements declined 1.6% — and 2025, when it increased 12.96%.
- Tracing CCL's Land & Improvements over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 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 | - |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | - |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | - |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | - |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn | - |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | - |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2025 | 5.32 Bn |
| Nov 30, 2024 | 4.71 Bn |
| Nov 30, 2023 | 4.21 Bn |
| Nov 30, 2022 | 3.97 Bn |
| Nov 30, 2021 | 3.93 Bn |
| Nov 30, 2020 | 3.99 Bn |
| Nov 30, 2019 | 3.84 Bn |
| Nov 30, 2018 | 3.66 Bn |
| Nov 30, 2017 | 3.33 Bn |
| Nov 30, 2016 | 2.68 Bn |
| Nov 30, 2015 | 1.07 Bn |
| Nov 30, 2014 | 1.09 Bn |
| Nov 30, 2013 | 971.00 Mn |
| Nov 30, 2012 | 901.00 Mn |
| Nov 30, 2011 | 898.00 Mn |
| Nov 30, 2010 | 858.00 Mn |
| Nov 30, 2009 | 864.00 Mn |