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