Carnival (CCL) Times Interest Earned (2009 - 2026)

Carnival (CCL) posted Times Interest Earned of $1.25 for Q2 2026, up 46.79% on a QoQ basis from $0.85 in Q1 2026, and down 54.38% year-over-year from $2.74 in Q2 2025.

Carnival (CCL) Times Interest Earned (2009 - 2026) Analysis & Trends

Carnival's Times Interest Earned history runs 18 years deep, the most recent figure standing at $1.25 for Q2 2026.

  • Quarterly Times Interest Earned fell 54.38% year-over-year to $1.25 in Q2 2026, while the trailing twelve-month figure through May 2026 was $6.56 (up 146.75% YoY) and the FY2025 annual result came in at $3.32, up 63.18% from the prior year.
  • Times Interest Earned was $1.25 for Q2 2026 at Carnival, up from $0.85 in the prior quarter.
  • Across five years, Times Interest Earned topped out at $3.21 in Q3 2025 and bottomed at -$4.05 in Q1 2022.
  • A 5-year average of $0.49 and a median of $0.84 in 2023 frame the typical range for Times Interest Earned.
  • Annual changes were most pronounced in 2023 — Times Interest Earned surged 638.26% — and 2026, when it slumped 54.38%.
  • Carnival's Times Interest Earned stood at -$2.53 in 2022, then soared by 132.53% to $0.82 in 2023, then jumped by 68.93% to $1.39 in 2024, then soared by 67.62% to $2.33 in 2025, then slumped by 46.44% to $1.25 in 2026.
  • Business Quant data shows CCL's Times Interest Earned at $1.25 in Q2 2026, $0.85 in Q1 2026, and $2.33 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 4.67
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 3.63
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.52
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 4.85
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -12.55
6 Carnival 34.61 Bn 32.38 Bn - 1.25
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 1.27
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 57.59
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 2.43
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.11

Historic Data

Download Data
DateValue
May 31, 2026 1.25
Feb 28, 2026 0.85
Nov 30, 2025 2.33
Aug 31, 2025 3.21
May 31, 2025 2.74
Feb 28, 2025 1.44
Nov 30, 2024 1.39
Aug 31, 2024 2.76
May 31, 2024 0.68
Feb 29, 2024 0.34
Nov 30, 2023 0.82
Aug 31, 2023 2.04
May 31, 2023 0.15
Feb 28, 2023 -0.21
Nov 30, 2022 -2.53
Aug 31, 2022 -0.38
May 31, 2022 -3.98
Feb 28, 2022 -4.05
Nov 30, 2021 -5.44
Aug 31, 2021 -4.92