Carnival (CCL) Operating Leases (2020 - 2026)

Carnival (CCL) posted Operating Leases of $1.1 billion for Q2 2026, down 2.88% on a QoQ basis from $1.1 billion in Q1 2026, and down 8.55% year-over-year from $1.2 billion in Q2 2025.

Carnival (CCL) Operating Leases (2020 - 2026) Analysis & Trends

Carnival's Operating Leases history runs 7 years deep, the most recent figure standing at $1.1 billion for Q2 2026.

  • Quarterly Operating Leases fell 8.55% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.1 billion (down 8.55% YoY) and the FY2025 annual result came in at $1.2 billion, down 4.92% from the prior year.
  • Operating Leases was $1.1 billion for Q2 2026 at Carnival, down from $1.1 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $1.3 billion in Q3 2024 and bottomed at $1.1 billion in Q3 2022.
  • A 5-year average of $1.2 billion and a median of $1.2 billion in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2022 — Operating Leases dropped 15.21% — and 2023, when it gained 9.67%.
  • Carnival's Operating Leases stood at $1.2 billion in 2022, then slipped by 1.6% to $1.2 billion in 2023, then climbed by 5.9% to $1.2 billion in 2024, then decreased by 4.92% to $1.2 billion in 2025, then fell by 5.52% to $1.1 billion in 2026.
  • Business Quant data shows CCL's Operating Leases at $1.1 billion in Q2 2026, $1.1 billion in Q1 2026, and $1.2 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn

Historic Data

Download Data
DateValue
May 31, 2026 1.11 Bn
Feb 28, 2026 1.15 Bn
Nov 30, 2025 1.18 Bn
Aug 31, 2025 1.20 Bn
May 31, 2025 1.22 Bn
Feb 28, 2025 1.21 Bn
Nov 30, 2024 1.24 Bn
Aug 31, 2024 1.26 Bn
May 31, 2024 1.17 Bn
Feb 29, 2024 1.14 Bn
Nov 30, 2023 1.17 Bn
Aug 31, 2023 1.18 Bn
May 31, 2023 1.21 Bn
Feb 28, 2023 1.15 Bn
Nov 30, 2022 1.19 Bn
Aug 31, 2022 1.08 Bn
May 31, 2022 1.12 Bn
Feb 28, 2022 1.19 Bn
Nov 30, 2021 1.24 Bn
Aug 31, 2021 1.27 Bn