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

Carnival (CCL) posted Land & Improvements of $5.3 billion for Q4 2025, up 12.96% on a QoQ basis from $4.7 billion in Q4 2024, and up 12.96% year-over-year from $4.7 billion in Q4 2024.

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

Carnival's Land & Improvements history runs 17 years deep, the most recent figure standing at $5.3 billion for 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 was $5.3 billion for Q4 2025 at Carnival, up from $4.7 billion in the prior quarter.
  • Across five years, Land & Improvements topped out at $5.3 billion in Q4 2025 and bottomed at $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 decreased 1.6% — and 2025, when it advanced 12.96%.
  • Carnival's Land & Improvements stood at $3.9 billion in 2021, then gained by 1.07% to $4.0 billion in 2022, then gained by 6.12% to $4.2 billion in 2023, then rose by 11.68% to $4.7 billion in 2024, then climbed by 12.96% to $5.3 billion in 2025.
  • Business Quant data shows CCL's Land & Improvements at $5.3 billion in Q4 2025, $4.7 billion in Q4 2024, and $4.2 billion in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn -
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -
6 Carnival 34.61 Bn 32.38 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 -
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn -

Historic Data

Download Data
DateValue
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