Carnival (CCL) Net Cash Flow (2009 - 2026)
Carnival (CCL) reported Net Cash Flow of $808 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 37.1% from $1.29 billion a year earlier.
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Analysis
Carnival (CCL) Net Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Carnival's Net Cash Flow came in at $101 million, down 78.9% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $708 million.
- Net Cash Flow has a five-year compound annual growth rate of -40.0% (FY2020 to FY2025).
- By fiscal year, Net Cash Flow came in at -$1.2 billion in FY2024, -$3.62 billion in FY2023, -$2.86 billion in FY2022 and -$703 million in FY2021.
- Five-year quarterly Net Cash Flow spans a low of -$2.52 billion in fiscal Q1 2022 and a high of $1.67 billion in fiscal Q4 2021.
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -$500 million (Q1 2026), $178 million (Q4 2025) and -$385 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 4.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 443.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 363.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | -320.02 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 808.00 Mn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | -55.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 27.46 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 37.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 808.00 Mn |
| Feb 28, 2026 | -500.00 Mn |
| Nov 30, 2025 | 178.00 Mn |
| Aug 31, 2025 | -385.00 Mn |
| May 31, 2025 | 1.29 Bn |
| Feb 28, 2025 | -370.00 Mn |
| Nov 30, 2024 | -294.00 Mn |
| Aug 31, 2024 | -142.00 Mn |
| May 31, 2024 | -602.00 Mn |
| Feb 29, 2024 | -158.00 Mn |
| Nov 30, 2023 | -426.00 Mn |
| Aug 31, 2023 | -1.66 Bn |
| May 31, 2023 | -991.00 Mn |
| Feb 28, 2023 | -545.00 Mn |
| Nov 30, 2022 | -1.06 Bn |
| Aug 31, 2022 | 50.00 Mn |
| May 31, 2022 | 663.00 Mn |
| Feb 28, 2022 | -2.52 Bn |
| Nov 30, 2021 | 1.67 Bn |
| Aug 31, 2021 | 117.00 Mn |
API Access
Carnival Net Cash Flow 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=net-cash-flow&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();