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| Date | Value |
|---|---|
| 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% |