Carnival (CCL) Operating Leases (2020 - 2026)
Carnival's (CCL) quarterly Operating Leases came in at $1.1 billion in Q2 2026, down 8.55% YoY from $1.2 billion in Q2 2025, and down 2.88% on a QoQ basis from $1.1 billion in Q1 2026.
Carnival (CCL) Operating Leases (2020 - 2026) Analysis & Trends
Carnival (CCL) has 7 years of Operating Leases data on file, last reported at $1.1 billion in 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 declined to $1.1 billion in Q2 2026, from $1.1 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $1.3 billion in Q3 2024 to a low of $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 retreated 15.21% — and 2023, when it grew 9.67%.
- Tracing CCL's Operating Leases over 5 years: stood at $1.2 billion in 2022, then retreated by 1.6% to $1.2 billion in 2023, then gained by 5.9% to $1.2 billion in 2024, then fell by 4.92% to $1.2 billion in 2025, then dropped by 5.52% to $1.1 billion in 2026.
- The last three Operating Leases figures came in at $1.1 billion (Q2 2026), $1.1 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |