Carnival (CCL) Long-Term Debt Issuances (2009 - 2025)
Carnival (CCL) posted Long-Term Debt Issuances of $2.53 billion for fiscal Q4 2025 (quarter ended Nov 30, 2025), compared with $47 million a year earlier and down 44.1% from the prior quarter.
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Analysis
Carnival (CCL) Long-Term Debt Issuances (2009 - 2025) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Carnival's Long-Term Debt Issuances came in at $11.15 billion, up 260.3% from FY2024.
- Annual Long-Term Debt Issuances shows a five-year compound annual growth rate of -5.8% (FY2020 to FY2025).
- In prior fiscal years, Carnival's Long-Term Debt Issuances was $3.1 billion in FY2024 (+4.5%), $2.96 billion in FY2023 (-58.9%), $7.21 billion in FY2022 (-44.7%) and $13.04 billion in FY2021 (-13.2%).
- Quarterly Long-Term Debt Issuances has run from a low of $47 million in fiscal Q4 2024 to a high of $5.14 billion in fiscal Q4 2021 over five years.
- On a year-over-year basis, Long-Term Debt Issuances increased in three of the last four quarters, with growth averaging 192.7%.
- The strongest year-over-year quarter for Long-Term Debt Issuances in the past five years was fiscal Q2 2024, with growth of 605.9%; the weakest was fiscal Q2 2023, with a decline of 81.2%.
- According to Business Quant data, Long-Term Debt Issuances for the three prior fiscal quarters was $4.54 billion (Q3 2025), $1.1 billion (Q2 2025) and $2.98 billion (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 2.91 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 463.97 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | - |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 247.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.17 Bn | 4.86 Bn | 493.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2025 | 2.53 Bn |
| Aug 31, 2025 | 4.54 Bn |
| May 31, 2025 | 1.10 Bn |
| Feb 28, 2025 | 2.98 Bn |
| Nov 30, 2024 | 47.00 Mn |
| May 31, 2024 | 1.31 Bn |
| Feb 29, 2024 | 1.74 Bn |
| Aug 31, 2023 | 1.95 Bn |
| May 31, 2023 | 186.00 Mn |
| Feb 28, 2023 | 830.00 Mn |
| Nov 30, 2022 | 3.88 Bn |
| May 31, 2022 | 987.00 Mn |
| Feb 28, 2022 | 2.35 Bn |
| Nov 30, 2021 | 5.14 Bn |
| Aug 31, 2021 | 2.92 Bn |
| Feb 28, 2021 | 4.98 Bn |
| Nov 30, 2020 | 3.55 Bn |
| Aug 31, 2020 | 4.79 Bn |
| May 31, 2020 | 5.85 Bn |
| Feb 29, 2020 | 823.00 Mn |
API Access
Carnival Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();