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

Carnival's (CCL) quarterly Return on Invested Capital came in at 0.01% in Q2 2026, little changed YoY from 0.01% in Q2 2025, and down 2.19% on a QoQ basis from 0.01% in Q1 2026.

Carnival (CCL) Return on Invested Capital (2009 - 2026) Analysis & Trends

Carnival (CCL) has 18 years of Return on Invested Capital data on file, last reported at 0.01% in Q2 2026.

  • Quarterly Return on Invested Capital changed 0.0% year-over-year to 0.01% in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.01% (changed 0.0% YoY) and the FY2025 annual result came in at 0.02%, changed 0.0% from the prior year.
  • Return on Invested Capital slipped to 0.01% in Q2 2026, from 0.01% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.01% in Q4 2025 to a low of 0.01% in Q2 2022.
  • A 5-year average of 0.0% and a median of 0.0% in 2025 frame the typical range for Return on Invested Capital.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital changed 0 bps — and 2023, when it gained 1 bps.
  • Tracing CCL's Return on Invested Capital over 5 years: stood at 0.0% in 2022, then soared by 225 bps to 0.01% in 2023, then decreased by 19 bps to 0.0% in 2024, then soared by 64 bps to 0.01% in 2025, then dropped by 8 bps to 0.01% in 2026.
  • The last three Return on Invested Capital figures came in at 0.01% (Q2 2026), 0.01% (Q1 2026), and 0.01% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Booking Holdings 158.46 Bn 141.25 Bn 4.98 Bn 0.01%
2 Airbnb 106.78 Bn 94.71 Bn 2.98 Bn 0.00%
3 Royal Caribbean Cruises 80.66 Bn 79.74 Bn 2.29 Bn 0.01%
4 Viking Holdings 44.63 Bn 40.83 Bn 713.43 Mn 0.04%
5 Expedia 38.98 Bn 31.85 Bn 3.91 Bn 0.00%
6 Carnival 38.25 Bn 36.01 Bn - 0.01%
7 Trip.com 29.13 Bn 17.43 Bn 1.86 Bn 0.00%
8 Norwegian Cruise Line Holdings 8.43 Bn 8.21 Bn 1.05 Bn 0.00%
9 MakeMyTrip 5.84 Bn 5.06 Bn 212.91 Mn 0.00%
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn 0.01%

Historic Data

Download Data
DateValue
May 31, 2026 0.01%
Feb 28, 2026 0.01%
Nov 30, 2025 0.01%
Aug 31, 2025 0.01%
May 31, 2025 0.01%
Feb 28, 2025 0.00%
Nov 30, 2024 0.00%
Aug 31, 2024 0.00%
May 31, 2024 0.01%
Feb 29, 2024 0.01%
Nov 30, 2023 0.01%
May 31, 2023 0.00%
Feb 28, 2023 0.00%
Nov 30, 2022 0.00%
Aug 31, 2022 0.00%
May 31, 2022 -0.01%
Feb 28, 2022 -0.01%
Nov 30, 2021 -0.01%
Aug 31, 2021 -0.01%
May 31, 2021 -0.01%