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| 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 |