Carnival (CCL) Non-Current Debt (2009 - 2026)
Carnival (CCL) posted Non-Current Debt of $23.42 billion for fiscal Q2 2026 (quarter ended May 31, 2026), down 9.5% from $25.86 billion a year earlier and down 1.6% from the prior quarter.
Powered by 
Analysis
Carnival (CCL) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Carnival's Non-Current Debt came in at $24.04 billion, down 7.3% from FY2024.
- Annual Non-Current Debt has declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- In prior fiscal years, Carnival's Non-Current Debt was $25.94 billion in FY2024 (-8.9%), $28.48 billion in FY2023 (-10.9%), $31.95 billion in FY2022 (+12.1%) and $28.51 billion in FY2021 (+28.8%).
- The fiscal Q2 2026 figure stands as the lowest quarterly Non-Current Debt since fiscal Q4 2020.
- On a year-over-year basis, Non-Current Debt has declined in each of the last 11 quarters, with an average decline of 7.9% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was fiscal Q3 2021, with growth of 41.8%; the weakest was fiscal Q2 2024, with a decline of 14.9%.
- According to Business Quant data, Non-Current Debt for the three prior fiscal quarters was $23.79 billion (Q1 2026), $24.04 billion (Q4 2025) and $25.06 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 16.46 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 12.72 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 21.26 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 5.74 Bn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 23.42 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | -1.05 Bn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 93.00 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 3.68 Bn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 489.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 295,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 23.42 Bn |
| Feb 28, 2026 | 23.79 Bn |
| Nov 30, 2025 | 24.04 Bn |
| Aug 31, 2025 | 25.06 Bn |
| May 31, 2025 | 25.86 Bn |
| Feb 28, 2025 | 25.49 Bn |
| Nov 30, 2024 | 25.94 Bn |
| Aug 31, 2024 | 26.64 Bn |
| May 31, 2024 | 27.15 Bn |
| Feb 29, 2024 | 28.54 Bn |
| Nov 30, 2023 | 28.48 Bn |
| Aug 31, 2023 | 29.52 Bn |
| May 31, 2023 | 31.92 Bn |
| Feb 28, 2023 | 32.67 Bn |
| Nov 30, 2022 | 31.95 Bn |
| Aug 31, 2022 | 28.52 Bn |
| May 31, 2022 | 29.26 Bn |
| Feb 28, 2022 | 29.89 Bn |
| Nov 30, 2021 | 28.51 Bn |
| Aug 31, 2021 | 26.83 Bn |
API Access
Carnival Non-Current Debt 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=non-current-debt&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();