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

Carnival's (CCL) quarterly Times Interest Earned came in at $1.25 in Q2 2026, down 54.38% YoY from $2.74 in Q2 2025, and up 46.79% on a QoQ basis from $0.85 in Q1 2026.

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

Carnival (CCL) has 18 years of Times Interest Earned data on file, last reported at $1.25 in 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 122.65% YoY) and the FY2025 annual result came in at $3.32, up 63.18% from the prior year.
  • Times Interest Earned climbed to $1.25 in Q2 2026, from $0.85 in the prior quarter.
  • In the past five years, Times Interest Earned ranged from a high of $3.21 in Q3 2025 to a low of -$4.05 in Q1 2022.
  • A 5-year average of $0.74 and a median of $0.93 in 2022 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 tumbled 54.38%.
  • Tracing CCL's Times Interest Earned over 5 years: stood at $1.01 in 2022, then decreased by 18.61% to $0.82 in 2023, then jumped by 174.51% to $2.26 in 2024, then gained by 3.15% to $2.33 in 2025, then plunged by 46.44% to $1.25 in 2026.
  • The last three Times Interest Earned figures came in at $1.25 (Q2 2026), $0.85 (Q1 2026), and $2.33 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Booking Holdings 158.46 Bn 141.25 Bn 4.98 Bn 8.28
2 Airbnb 106.78 Bn 94.71 Bn 2.98 Bn 3.97
3 Royal Caribbean Cruises 80.66 Bn 79.74 Bn 2.29 Bn 5.54
4 Viking Holdings 44.63 Bn 40.83 Bn 713.43 Mn 10.00
5 Expedia 38.98 Bn 31.85 Bn 3.91 Bn 13.11
6 Carnival 38.25 Bn 36.01 Bn - 1.25
7 Trip.com 29.13 Bn 17.43 Bn 1.86 Bn -33.50
8 Norwegian Cruise Line Holdings 8.43 Bn 8.21 Bn 1.05 Bn 15.97
9 MakeMyTrip 5.84 Bn 5.06 Bn 212.91 Mn 1.25
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn 0.75

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 2.26
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 1.01
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