Carnival (CCL) Market Capitalization (2009 - 2026)
Carnival's Market Capitalization was $32.12 billion in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 13.7% from $37.23 billion a year earlier and down 16.4% from the prior quarter.
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Analysis
Carnival (CCL) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Market Capitalization at Carnival came in at $31.88 billion, up 7.7% from FY2024.
- Market Capitalization has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- In earlier fiscal years, Market Capitalization was $29.61 billion in FY2024 (+75.6%), $16.86 billion in FY2023 (+52.5%), $11.06 billion in FY2022 (-36.4%) and $17.38 billion in FY2021 (+12.2%).
- Quarterly Market Capitalization has moved between $10.53 billion (fiscal Q3 2022) and $39.09 billion (fiscal Q1 2026) over five years.
- Compared with a year earlier, Market Capitalization was higher in seven of the last eight quarters, with growth averaging 45.5%.
- The best year-over-year quarter for Market Capitalization over five years was fiscal Q3 2025 (growth of 95.5%); the worst was fiscal Q3 2022 (a decline of 55.6%).
- Per Business Quant data, CCL's Market Capitalization in the three fiscal quarters before Q3 2026 was $38.43 billion (Q2 2026), $39.09 billion (Q1 2026) and $31.88 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 32.12 Bn |
| May 31, 2026 | 38.43 Bn |
| Feb 28, 2026 | 39.09 Bn |
| Nov 30, 2025 | 31.88 Bn |
| Aug 31, 2025 | 37.23 Bn |
| May 31, 2025 | 27.11 Bn |
| Feb 28, 2025 | 27.92 Bn |
| Nov 30, 2024 | 29.61 Bn |
| Aug 31, 2024 | 19.04 Bn |
| May 31, 2024 | 16.93 Bn |
| Feb 29, 2024 | 17.80 Bn |
| Nov 30, 2023 | 16.86 Bn |
| Aug 31, 2023 | 17.71 Bn |
| May 31, 2023 | 12.57 Bn |
| Feb 28, 2023 | 11.85 Bn |
| Nov 30, 2022 | 11.06 Bn |
| Aug 31, 2022 | 10.53 Bn |
| May 31, 2022 | 13.81 Bn |
| Feb 28, 2022 | 20.12 Bn |
| Nov 30, 2021 | 17.38 Bn |
API Access
Carnival Market Capitalization 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=market-capitalization&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();