Carnival (CCL) Return on Capital Employed (2009 - 2026)

Carnival's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 11.61% for Q2 2026.

• Quarterly Return on Capital Employed rose 19.0% year-over-year to 11.61% in Q2 2026, while the trailing twelve-month figure through May 2026 was 11.61% (up 19.0% YoY) and the FY2025 annual result came in at 12.03%, up 249.0% from the prior year.
• Return on Capital Employed was 11.61% for Q2 2026 at Carnival, roughly flat from 11.6% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 11.75% in Q4 2025 and bottomed at 17.39% in Q2 2022.
• A 5-year average of 2.1% and a median of 7.16% in 2024 frame the typical range for Return on Capital Employed.
• Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 238 bps — and 2023, when it surged 1578 bps.
• Carnival's Return on Capital Employed stood at 10.62% in 2022, then surged by 149 bps to 5.15% in 2023, then soared by 83 bps to 9.45% in 2024, then advanced by 24 bps to 11.75% in 2025, then fell by 1 bps to 11.61% in 2026.
• Business Quant data shows CCL's Return on Capital Employed at 11.61% in Q2 2026, 11.6% in Q1 2026, and 11.75% in Q4 2025.