Carnival (CCL) Non Operating Income (2009 - 2025)

Carnival (CCL) posted Non Operating Income of -$353.0 million for Q2 2025, up 42.51% on a QoQ basis from -$614.0 million in Q1 2025, and up 23.92% year-over-year from -$284.9 million in Q2 2024.

Carnival (CCL) Non Operating Income (2009 - 2025) Analysis & Trends

Carnival's Non Operating Income history runs 17 years deep, the most recent figure standing at -$353.0 million for Q2 2025.

  • Quarterly Non Operating Income rose 23.92% year-over-year to -$353.0 million in Q2 2025, while the trailing twelve-month figure through May 2025 was -$1.7 billion (up 13.54% YoY) and the FY2024 annual result came in at -$1.7 billion, up 17.79% from the prior year.
  • Non Operating Income was -$353.0 million for Q2 2025 at Carnival, up from -$614.0 million in the prior quarter.
  • Across five years, Non Operating Income topped out at -$271.0 million in Q4 2024 and bottomed at -$802.0 million in Q3 2021.
  • A 5-year average of -$487.6 million and a median of -$465.0 million in 2022 frame the typical range for Non Operating Income.
  • Annual changes were most pronounced in 2021 — Non Operating Income slumped 698.25% — and 2022, when it surged 40.27%.
  • Carnival's Non Operating Income stood at -$731.0 million in 2021, then surged by 36.25% to -$466.0 million in 2022, then advanced by 9.23% to -$423.0 million in 2023, then jumped by 35.93% to -$271.0 million in 2024, then tumbled by 30.26% to -$353.0 million in 2025.
  • Business Quant data shows CCL's Non Operating Income at -$353.0 million in Q2 2025, -$614.0 million in Q1 2025, and -$271.0 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (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 -226.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn -165.99 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -10.06 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn -

Historic Data

Download Data
DateValue
May 31, 2025 -353.00 Mn
Feb 28, 2025 -614.00 Mn
Nov 30, 2024 -271.00 Mn
Aug 31, 2024 -435.00 Mn
May 31, 2024 -464.00 Mn
Feb 29, 2024 -489.00 Mn
Nov 30, 2023 -423.00 Mn
Aug 31, 2023 -559.00 Mn
May 31, 2023 -522.00 Mn
Feb 28, 2023 -514.00 Mn
Nov 30, 2022 -466.00 Mn
Aug 31, 2022 -479.00 Mn
May 31, 2022 -358.00 Mn
Feb 28, 2022 -397.00 Mn
Nov 30, 2021 -731.00 Mn
Aug 31, 2021 -802.00 Mn
May 31, 2021 -444.00 Mn
Feb 28, 2021 -455.00 Mn
Nov 30, 2020 -595.00 Mn
Aug 31, 2020 -528.00 Mn