Carnival (CCL) Times Interest Earned (2009 - 2026)
Carnival's Times Interest Earned was 7.79 in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 8.7% from 7.16 a year earlier and up 160.9% from the prior quarter.
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Analysis
Carnival (CCL) Times Interest Earned (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carnival's Times Interest Earned was 3.75 through Aug 31, 2026, up 25.2% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 3.32, up 63.2% from FY2024.
- In earlier fiscal years, Times Interest Earned was 2.04 in FY2024 (+115.1%), 0.95 in FY2023, -2.72 in FY2022 and -4.43 in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Times Interest Earned since fiscal Q4 2019.
- Compared with a year earlier, Times Interest Earned has increased for ten straight quarters, with growth averaging 63.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Times Interest Earned ranged from 8.7% (fiscal Q3 2026) to 462.1% (fiscal Q2 2024).
- Per Business Quant data, CCL's Times Interest Earned in the three fiscal quarters before Q3 2026 was 2.99 (Q2 2026), 2.09 (Q1 2026) and 2.33 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 104.79 Bn | 102.84 Bn | 1.55 Bn | 5.56 |
| 2 | Hilton Worldwide Holdings | 81.38 Bn | 77.83 Bn | 3.08 Bn | 4.69 |
| 3 | Royal Caribbean Cruises | 77.64 Bn | 74.99 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 38.76 Bn | 23.89 Bn | 996.62 Mn | 7.84 |
| 5 | Carnival | 37.03 Bn | 30.21 Bn | - | 7.79 |
| 6 | Trip.com | 26.51 Bn | -18.48 Bn | 1.84 Bn | -12.50 |
| 7 | Intercontinental Hotels | 26.37 Bn | 22.34 Bn | - | - |
| 8 | Hyatt Hotels | 16.60 Bn | 13.76 Bn | 388.00 Mn | -20.53 |
| 9 | H World | 14.33 Bn | 5.74 Bn | 453.94 Mn | 35.21 |
| 10 | Norwegian Cruise Line Holdings | 7.23 Bn | 6.45 Bn | 1.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 7.79 |
| May 31, 2026 | 2.99 |
| Feb 28, 2026 | 2.09 |
| Nov 30, 2025 | 2.33 |
| Aug 31, 2025 | 7.16 |
| May 31, 2025 | 2.74 |
| Feb 28, 2025 | 1.44 |
| Nov 30, 2024 | 1.39 |
| Aug 31, 2024 | 5.05 |
| May 31, 2024 | 1.24 |
| Feb 29, 2024 | 0.59 |
| Nov 30, 2023 | 0.82 |
| Aug 31, 2023 | 3.14 |
| May 31, 2023 | 0.22 |
| Feb 28, 2023 | -0.32 |
| Nov 30, 2022 | -2.53 |
| Aug 31, 2022 | -0.66 |
| May 31, 2022 | -3.98 |
| Feb 28, 2022 | -4.05 |
| Nov 30, 2021 | -5.44 |
API Access
Carnival Times Interest Earned 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=times-interest-earned&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();