Carnival (CCL) Retained Earnings (2009 - 2026)
Carnival (CCL) reported Retained Earnings of $6.71 billion for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 52.7% from $4.4 billion a year earlier and up 34.3% from the prior quarter.
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Analysis
Carnival (CCL) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Carnival posted Retained Earnings of $4.82 billion, up 129.3% from FY2024.
- Retained Earnings has a five-year compound annual growth rate of -21.4% (FY2020 to FY2025).
- By fiscal year, Retained Earnings came in at $2.1 billion in FY2024, $185 million in FY2023 (-31.2%), $269 million in FY2022 (-95.8%) and $6.45 billion in FY2021 (-59.9%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Retained Earnings since fiscal Q3 2021.
- Year over year, Retained Earnings has now increased in each of the last five quarters, with growth averaging 112.1% over the last five quarters.
- The high point for year-over-year Retained Earnings in five years was fiscal Q3 2024 (growth of 671.7%); the low point was fiscal Q4 2022 (a decline of 95.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $5 billion (Q2 2026), $4.73 billion (Q1 2026) and $4.82 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 19.46 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | -710.00 Mn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 7.19 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | - |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 6.71 Bn |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 3.48 Bn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 462.00 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | -5.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 6.71 Bn |
| May 31, 2026 | 5.00 Bn |
| Feb 28, 2026 | 4.73 Bn |
| Nov 30, 2025 | 4.82 Bn |
| Aug 31, 2025 | 4.40 Bn |
| May 31, 2025 | 2.54 Bn |
| Feb 28, 2025 | 1.99 Bn |
| Nov 30, 2024 | 2.10 Bn |
| Aug 31, 2024 | 1.80 Bn |
| May 31, 2024 | 62.00 Mn |
| Feb 29, 2024 | -29.00 Mn |
| Nov 30, 2023 | 185.00 Mn |
| Aug 31, 2023 | 233.00 Mn |
| May 31, 2023 | -841.00 Mn |
| Feb 28, 2023 | -434.00 Mn |
| Nov 30, 2022 | 269.00 Mn |
| Aug 31, 2022 | 1.87 Bn |
| May 31, 2022 | 2.65 Bn |
| Feb 28, 2022 | 4.49 Bn |
| Nov 30, 2021 | 6.45 Bn |
API Access
Carnival Retained Earnings 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=retained-earnings&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();