Carnival (CCL) Tax Rate (2009 - 2026)
Carnival (CCL) reported Tax Rate of 6.07% for Q1 2026, up 1637.0% on a YoY basis from 0.35% in Q1 2025, and up 236.27% quarter-over-quarter from 4.46% in Q4 2025.
Carnival (CCL) Tax Rate (2009 - 2026) Analysis & Trends
Carnival has reported Tax Rate for 18 years, with the latest figure at 6.07% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1637.0% year-over-year to 6.07%; the trailing twelve-month figure through Feb 2026 stood at 0.7% (up 41.0% YoY), and the FY2025 full-year result was 0.43%, up 49.0% from the prior year.
- Tax Rate for Q1 2026 stood at 6.07%, up from 4.46% in the prior quarter.
- The five-year high for Tax Rate was 6.07% in Q1 2026, with the low at 25.64% in Q4 2023.
- Historically, Tax Rate has averaged 2.18% across 5 years, with a median of 0.5% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate plunged 2583 bps — and 2024, when it surged 2080 bps.
- Carnival's Tax Rate 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 soared by 236 bps to 6.07% in 2026.
- The last three Tax Rate figures came in at 6.07% (Q1 2026), 4.46% (Q4 2025), and 0.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 22.59% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 43.06% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 2.66% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 6.07% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 148.00% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 2.78% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -381.82% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 26.85% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -31.32% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -19.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 6.07% |
| Feb 28, 2026 | 6.07% |
| Nov 30, 2025 | -4.46% |
| Nov 30, 2025 | -4.46% |
| Aug 31, 2025 | 0.32% |
| Aug 31, 2025 | 0.32% |
| May 31, 2025 | 2.92% |
| May 31, 2025 | 2.92% |
| Feb 28, 2025 | -10.29% |
| Feb 28, 2025 | -10.29% |
| Nov 30, 2024 | -4.84% |
| Nov 30, 2024 | -4.84% |
| Aug 31, 2024 | 0.46% |
| Aug 31, 2024 | 0.46% |
| May 31, 2024 | 5.21% |
| May 31, 2024 | 5.21% |
| Nov 30, 2023 | -25.64% |
| Nov 30, 2023 | -25.64% |
| Aug 31, 2023 | -0.85% |
| Aug 31, 2023 | -0.85% |