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

Carnival (CCL) posted Return on Invested Capital of 0.01% for Q2 2026, down 2.19% on a QoQ basis from 0.01% in Q1 2026, and little changed year-over-year from 0.01% in Q2 2025.

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

Carnival's Return on Invested Capital history runs 18 years deep, the most recent figure standing at 0.01% for 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 was 0.01% for Q2 2026 at Carnival, down from 0.01% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.01% in Q4 2025 and bottomed at 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 grew 1 bps.
  • Carnival's Return on Invested Capital stood at 0.0% in 2022, then surged by 225 bps to 0.01% in 2023, then dropped by 19 bps to 0.0% in 2024, then surged by 64 bps to 0.01% in 2025, then fell by 8 bps to 0.01% in 2026.
  • Business Quant data shows CCL's Return on Invested Capital at 0.01% in Q2 2026, 0.01% in Q1 2026, and 0.01% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.01%
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.00%
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.00%
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.08%
6 Carnival 34.61 Bn 32.38 Bn - 0.01%
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.00%
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.00%
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 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%