Carnival (CCL) Return on Assets [ROA] (2009 - 2026)
Carnival's Return on Assets [ROA] was 6.08% in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 0.89 percentage points from 5.20% a year earlier and up 0.17 percentage points from the prior quarter.
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Analysis
Carnival (CCL) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Return on Assets [ROA] at Carnival came in at 5.48%, up 1.58 percentage points from FY2024.
- Return on Assets [ROA] has now increased for five consecutive fiscal years, with a five-year change of +26.23 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Assets [ROA] was 3.90% in FY2024 (+4.05 pp), -0.15% in FY2023 (+11.45 pp), -11.60% in FY2022 (+6.17 pp) and -17.77% in FY2021 (+2.98 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Return on Assets [ROA] since fiscal Q4 2019.
- Compared with a year earlier, Return on Assets [ROA] has increased for 17 straight quarters, with an average year-over-year change of +2.22 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was fiscal Q4 2023 (a gain of 11.61 percentage points); the worst was fiscal Q2 2022 (a drop of 1.02 percentage points).
- Per Business Quant data, CCL's Return on Assets [ROA] in the three fiscal quarters before Q3 2026 was 5.91% (Q2 2026), 6.00% (Q1 2026) and 5.38% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 9.25% |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 9.51% |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 10.22% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 9.99% |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 6.08% |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | 8.95% |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 0.58% |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 7.80% |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 3.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 6.08% |
| May 31, 2026 | 5.91% |
| Feb 28, 2026 | 6.00% |
| Nov 30, 2025 | 5.38% |
| Aug 31, 2025 | 5.20% |
| May 31, 2025 | 5.08% |
| Feb 28, 2025 | 4.21% |
| Nov 30, 2024 | 3.87% |
| Aug 31, 2024 | 3.14% |
| May 31, 2024 | 1.82% |
| Feb 29, 2024 | 0.82% |
| Nov 30, 2023 | -0.15% |
| Aug 31, 2023 | -3.20% |
| May 31, 2023 | -6.68% |
| Feb 28, 2023 | -9.44% |
| Nov 30, 2022 | -11.76% |
| Aug 31, 2022 | -13.56% |
| May 31, 2022 | -17.28% |
| Feb 28, 2022 | -17.67% |
| Nov 30, 2021 | -17.78% |
API Access
Carnival Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();