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| 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 |