Carnival (CCL) Tax Rate (2009 - 2026)
Carnival (CCL) posted Tax Rate of 3.06% for Q2 2026, down 49.55% on a QoQ basis from 6.07% in Q1 2026, and up 16.0% year-over-year from 2.64% in Q2 2025.
Carnival (CCL) Tax Rate (2009 - 2026) Analysis & Trends
Carnival's Tax Rate history runs 18 years deep, the most recent figure standing at 3.06% for 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 was 3.06% for Q2 2026 at Carnival, down from 6.07% in the prior quarter.
- Across five years, Tax Rate topped out at 6.07% in Q1 2026 and bottomed at 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 tumbled 2583 bps — and 2024, when it surged 2080 bps.
- Carnival's Tax Rate stood at 0.19% in 2022, then slumped by 13792 bps to 25.64% in 2023, then surged by 81 bps to 4.84% in 2024, then climbed by 8 bps to 4.46% in 2025, then jumped by 169 bps to 3.06% in 2026.
- Business Quant data shows CCL's Tax Rate at 3.06% in Q2 2026, 6.07% in Q1 2026, and 4.46% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 22.59% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 2.66% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 43.06% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -14.69% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -1.63% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 3.06% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 148.00% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 2.78% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -19.68% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -381.82% |
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% |