Carnival (CCL) Shares Outstanding (Diluted) (2009 - 2026)
Carnival (CCL) posted Shares Outstanding (Diluted) of 1.37 billion for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 2.4% from 1.4 billion a year earlier and down 1.4% from the prior quarter.
Carnival (CCL) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Carnival's Shares Outstanding (Diluted) came in at 1.4 billion, up 0.3% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In prior fiscal years, Carnival's Shares Outstanding (Diluted) was 1.4 billion in FY2024 (+10.8%), 1.26 billion in FY2023 (+6.9%), 1.18 billion in FY2022 (+5.1%) and 1.12 billion in FY2021 (+44.9%).
- The fiscal Q3 2026 figure stands as the lowest quarterly Shares Outstanding (Diluted) since fiscal Q1 2025.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in six of the last eight quarters, with growth averaging 3.5%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was fiscal Q4 2021, with growth of 44.9%; the weakest was fiscal Q3 2026, with a decline of 2.4%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior fiscal quarters was 1.39 billion (Q2 2026), 1.39 billion (Q1 2026) and 1.4 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 264.50 Mn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 229.00 Mn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 268.00 Mn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 446.42 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 1.37 Bn |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | 155.80 Mn |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | 698.38 Mn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 96.70 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 324.75 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 463.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.37 Bn |
| May 31, 2026 | 1.39 Bn |
| Feb 28, 2026 | 1.39 Bn |
| Nov 30, 2025 | 1.40 Bn |
| Aug 31, 2025 | 1.40 Bn |
| May 31, 2025 | 1.40 Bn |
| Feb 28, 2025 | 1.31 Bn |
| Nov 30, 2024 | 1.40 Bn |
| Aug 31, 2024 | 1.40 Bn |
| May 31, 2024 | 1.27 Bn |
| Feb 29, 2024 | 1.26 Bn |
| Nov 30, 2023 | 1.26 Bn |
| Aug 31, 2023 | 1.40 Bn |
| May 31, 2023 | 1.26 Bn |
| Feb 28, 2023 | 1.26 Bn |
| Nov 30, 2022 | 1.18 Bn |
| Aug 31, 2022 | 1.19 Bn |
| May 31, 2022 | 1.14 Bn |
| Feb 28, 2022 | 1.14 Bn |
| Nov 30, 2021 | 1.12 Bn |
Carnival Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();