Carnival (CCL) Times Interest Earned (2009 - 2026)
Carnival's Times Interest Earned was 2.99 in fiscal Q2 2026 (quarter ended May 31, 2026), up 9.0% from 2.74 a year earlier and up 43.1% from the prior quarter.
Powered by 
Analysis
Carnival (CCL) Times Interest Earned (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carnival's Times Interest Earned was 3.70 through May 31, 2026, up 36.0% 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.
- Quarterly Times Interest Earned has moved between -5.44 (fiscal Q4 2021) and 7.16 (fiscal Q3 2025) over five years.
- Compared with a year earlier, Times Interest Earned has increased for nine straight quarters, with growth averaging 69.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Times Interest Earned ranged from 9.0% (fiscal Q2 2026) to 462.1% (fiscal Q2 2024).
- Per Business Quant data, CCL's Times Interest Earned in the three fiscal quarters before Q2 2026 was 2.09 (Q1 2026), 2.33 (Q4 2025) and 7.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 5.56 |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 4.69 |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 8.71 |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 2.99 |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -12.50 |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | -20.53 |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 35.21 |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 502.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | -4.92 |
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();