Carnival (CCL) Retained Earnings (2009 - 2026)

Carnival (CCL) reported Retained Earnings of -$1.7 billion for Q1 2026, down 187.29% on a YoY basis from $2.0 billion in Q1 2025, and up 3.98% quarter-over-quarter from -$1.8 billion in Q4 2025.

Carnival (CCL) Retained Earnings (2009 - 2026) Analysis & Trends

Carnival has reported Retained Earnings for 18 years, with the latest figure at -$1.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings fell 187.29% year-over-year to -$1.7 billion; the trailing twelve-month figure through Feb 2026 stood at -$1.7 billion (down 187.29% YoY), and the FY2025 full-year result was -$1.8 billion, up 8.35% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$1.7 billion, up from -$1.8 billion in the prior quarter.
  • The five-year high for Retained Earnings was $4.5 billion in Q1 2022, with the low at -$2.0 billion in Q4 2022.
  • Historically, Retained Earnings has averaged -$554.0 million across 5 years, with a median of -$1.7 billion in 2022.
  • Annual changes were most pronounced in 2024 — Retained Earnings slumped 912.88% — and 2025, when it soared 4001.61%.
  • Carnival's Retained Earnings stood at -$2.0 billion in 2022, then advanced by 2.17% to -$1.9 billion in 2023, then decreased by 1.86% to -$2.0 billion in 2024, then advanced by 8.35% to -$1.8 billion in 2025, then advanced by 3.98% to -$1.7 billion in 2026.
  • The last three Retained Earnings figures came in at -$1.7 billion (Q1 2026), -$1.8 billion (Q4 2025), and -$1.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 41.42 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -6.40 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -385.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -1.74 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -188.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -327.77 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -1.41 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 2.45 Bn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 453.86 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -2.79 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 -1.74 Bn
Nov 30, 2025 -1.81 Bn
Aug 31, 2025 -1.72 Bn
May 31, 2025 2.54 Bn
Feb 28, 2025 1.99 Bn
Nov 30, 2024 -1.98 Bn
Aug 31, 2024 -1.89 Bn
May 31, 2024 62.00 Mn
Feb 29, 2024 -1.94 Bn
Nov 30, 2023 -1.94 Bn
Aug 31, 2023 233.00 Mn
May 31, 2023 -1.90 Bn
Feb 28, 2023 -1.97 Bn
Nov 30, 2022 -1.98 Bn
Aug 31, 2022 1.87 Bn
May 31, 2022 -1.74 Bn
Feb 28, 2022 4.49 Bn
Nov 30, 2021 -1.50 Bn
Aug 31, 2021 9.19 Bn
May 31, 2021 -1.13 Bn