Carnival (CCL) Other Working Capital Changes (2009 - 2026)
Carnival (CCL) reported Other Working Capital Changes of -$1.34 billion for fiscal Q3 2026 (quarter ended Aug 31, 2026), compared with -$1.43 billion a year earlier.
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Analysis
Carnival (CCL) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Carnival's Other Working Capital Changes came in at $455 million, down 61.7% year-over-year; for FY2025 (ended Nov 30, 2025), it was $308 million, down 39.3% from FY2024.
- Other Working Capital Changes has declined for three consecutive fiscal years.
- By fiscal year, Other Working Capital Changes came in at $507 million in FY2024 (-56.6%), $1.17 billion in FY2023 (-30.4%), $1.68 billion in FY2022 (+30.1%) and $1.29 billion in FY2021.
- Five-year quarterly Other Working Capital Changes spans a low of -$2.48 billion in fiscal Q3 2024 and a high of $2.61 billion in fiscal Q2 2024.
- Year over year, Other Working Capital Changes gained in 1 of the last four quarters, with an average decline of 32.5%.
- The high point for year-over-year Other Working Capital Changes in five years was fiscal Q4 2022 (growth of 322.9%); the low point was fiscal Q4 2025 (a decline of 86.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $1.08 billion (Q2 2026), $585 million (Q1 2026) and $137 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -1.43 Bn |
| May 31, 2026 | 1.20 Bn |
| Feb 28, 2026 | 140.00 Mn |
| Nov 30, 2025 | 203.00 Mn |
| Aug 31, 2025 | -1.33 Bn |
| May 31, 2025 | 1.01 Bn |
| Feb 28, 2025 | -4.00 Mn |
| Nov 30, 2024 | -155.00 Mn |
| Aug 31, 2024 | -1.21 Bn |
| May 31, 2024 | 1.03 Bn |
| Feb 29, 2024 | 1.36 Bn |
| Nov 30, 2023 | 387.00 Mn |
| Aug 31, 2023 | 33.00 Mn |
| May 31, 2023 | 726.00 Mn |
| Feb 28, 2023 | 567.00 Mn |
| Nov 30, 2022 | 217.00 Mn |
| Aug 31, 2022 | -299.00 Mn |
| May 31, 2022 | 1.15 Bn |
| Feb 28, 2022 | 78.00 Mn |
| Nov 30, 2021 | 688.00 Mn |
API Access
Carnival Other Working Capital Changes 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=other-working-capital-changes&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();