Carnival CCL
NYSE CCL
$23.18 -0.33 (-1.40%)
As of: Sep 8, 2026 · 3:59 PM EDT

Carnival (CCL) Price to Earnings (2009 - 2026)

Carnival's (CCL) quarterly Price to Earnings came in at 71.44 in Q2 2026, up 49.69% on a YoY basis from 47.72 in Q2 2025, and down 51.94% quarter-over-quarter from 148.63 in Q1 2026.

Analysis

Carnival (CCL) Price to Earnings (2009 - 2026) Analysis & Trends

Carnival (CCL) has reported Price to Earnings for 18 consecutive years, with 71.44 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Earnings rose 49.69% year-over-year to 71.44; the trailing twelve-month figure through May 2026 stood at 12.5 (up 16.74% YoY), and the FY2025 full-year result was 11.55, down 25.24% from the prior year.
  • Price to Earnings retreated to 71.44 in Q2 2026 per CCL's latest filing, from 148.63 in the prior quarter.
  • Across five years, Price to Earnings topped out at 186.01 in Q2 2024 and bottomed at 372.23 in Q1 2025.
  • Historically, Price to Earnings has averaged 11.75 across 5 years, with a median of 2.03 in 2024.
  • The sharpest annual moves came in 2023 and 2024: Price to Earnings slumped 4875.64% in 2023, then soared 702.3% in 2024.
  • Over 5 years, Price to Earnings stood at 6.91 in 2022, then plunged by 4875.64% to 344.06 in 2023, then jumped by 128.4% to 97.71 in 2024, then dropped by 22.68% to 75.55 in 2025, then fell by 5.45% to 71.44 in 2026.
  • According to Business Quant data, Price to Earnings over the past three periods registered 71.44, 148.63, and 75.55 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn
3 Carnival 32.12 Bn 29.88 Bn -
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 71.44
Feb 28, 2026 148.63
Nov 30, 2025 75.55
Aug 31, 2025 20.12
May 31, 2025 47.72
Feb 28, 2025 -372.23
Nov 30, 2024 97.71
Aug 31, 2024 10.98
May 31, 2024 186.01
Feb 29, 2024 -83.18
Nov 30, 2023 -344.06
Aug 31, 2023 16.49
May 31, 2023 -30.88
Feb 28, 2023 -17.10
Nov 30, 2022 -6.91
Aug 31, 2022 -13.67
May 31, 2022 -7.53
Feb 28, 2022 -10.64
Nov 30, 2021 -6.63
Aug 31, 2021 -8.35