Carnival (CCL) Tax Rate (2009 - 2026)

Carnival's (CCL) quarterly Tax Rate came in at 3.06% in Q2 2026, up 16.0% YoY from 2.64% in Q2 2025, and down 49.55% on a QoQ basis from 6.07% in Q1 2026.

Carnival (CCL) Tax Rate (2009 - 2026) Analysis & Trends

Carnival (CCL) has 18 years of Tax Rate data on file, last reported at 3.06% in Q2 2026.

  • Quarterly Tax Rate rose 16.0% year-over-year to 3.06% in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.71% (changed 0.0% YoY) and the FY2025 annual result came in at 0.43%, up 49.0% from the prior year.
  • Tax Rate declined to 3.06% in Q2 2026, from 6.07% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 6.07% in Q1 2026 to a low of 25.64% in Q4 2023.
  • A 5-year average of 1.88% and a median of 0.16% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2023 — Tax Rate plunged 2583 bps — and 2024, when it surged 2080 bps.
  • Tracing CCL's Tax Rate over 5 years: stood at 0.19% in 2022, then plunged by 13792 bps to 25.64% in 2023, then soared by 81 bps to 4.84% in 2024, then gained by 8 bps to 4.46% in 2025, then surged by 169 bps to 3.06% in 2026.
  • The last three Tax Rate figures came in at 3.06% (Q2 2026), 6.07% (Q1 2026), and 4.46% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Booking Holdings 159.57 Bn 142.35 Bn 4.98 Bn 23.83%
2 Airbnb 106.73 Bn 94.66 Bn 2.98 Bn 9.03%
3 Royal Caribbean Cruises 81.46 Bn 80.53 Bn 2.29 Bn 1.22%
4 Viking Holdings 44.84 Bn 41.03 Bn 713.43 Mn -1.63%
5 Expedia 39.09 Bn 31.96 Bn 3.91 Bn 14.80%
6 Carnival 38.41 Bn 36.17 Bn - 3.06%
7 Trip.com 29.10 Bn 17.41 Bn 1.86 Bn -19.46%
8 Norwegian Cruise Line Holdings 8.48 Bn 8.27 Bn 1.05 Bn 1.51%
9 MakeMyTrip 5.86 Bn 5.09 Bn 212.91 Mn -41.01%
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn 13.33%

Historic Data

Download Data
DateValue
May 31, 2026 3.06%
May 31, 2026 3.06%
May 31, 2026 3.06%
Feb 28, 2026 6.07%
Feb 28, 2026 6.07%
Feb 28, 2026 6.07%
Nov 30, 2025 -4.46%
Nov 30, 2025 -4.46%
Nov 30, 2025 -4.46%
Aug 31, 2025 0.32%
Aug 31, 2025 0.32%
Aug 31, 2025 0.32%
May 31, 2025 2.91%
May 31, 2025 2.91%
May 31, 2025 2.91%
Feb 28, 2025 -10.29%
Feb 28, 2025 -10.29%
Feb 28, 2025 -10.29%
Nov 30, 2024 -4.84%
Nov 30, 2024 -4.84%