Carnival (CCL) Total Debt (2009 - 2026)
Carnival (CCL) posted Total Debt of $24.9 billion for Q2 2026, down 9.51% on a QoQ basis from $27.5 billion in Q1 2026, and down 15.23% year-over-year from $29.4 billion in Q2 2025.
Carnival (CCL) Total Debt (2009 - 2026) Analysis & Trends
Carnival's Total Debt history runs 18 years deep, the most recent figure standing at $24.9 billion for Q2 2026.
- Quarterly Total Debt fell 15.23% year-over-year to $24.9 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $24.9 billion (down 15.23% YoY) and the FY2025 annual result came in at $26.6 billion, down 3.04% from the prior year.
- Total Debt was $24.9 billion for Q2 2026 at Carnival, down from $27.5 billion in the prior quarter.
- Across five years, Total Debt topped out at $38.5 billion in Q1 2022 and bottomed at $24.9 billion in Q2 2026.
- A 5-year average of $30.9 billion and a median of $30.7 billion in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2022 — Total Debt increased 29.92% — and 2023, when it slipped 21.68%.
- Carnival's Total Debt stood at $34.3 billion in 2022, then declined by 10.99% to $30.6 billion in 2023, then declined by 10.13% to $27.5 billion in 2024, then dropped by 3.04% to $26.6 billion in 2025, then declined by 6.57% to $24.9 billion in 2026.
- Business Quant data shows CCL's Total Debt at $24.9 billion in Q2 2026, $27.5 billion in Q1 2026, and $26.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 18.41 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 21.11 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 2.48 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 8.39 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 5.50 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 24.89 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 4.47 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 15.15 Bn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | - |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 1.52 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 24.89 Bn |
| Feb 28, 2026 | 27.51 Bn |
| Nov 30, 2025 | 26.64 Bn |
| Aug 31, 2025 | 26.48 Bn |
| May 31, 2025 | 29.36 Bn |
| Feb 28, 2025 | 27.02 Bn |
| Nov 30, 2024 | 27.47 Bn |
| Aug 31, 2024 | 31.86 Bn |
| May 31, 2024 | 32.34 Bn |
| Feb 29, 2024 | 30.74 Bn |
| Nov 30, 2023 | 30.57 Bn |
| Aug 31, 2023 | 29.52 Bn |
| May 31, 2023 | 34.51 Bn |
| Feb 28, 2023 | 34.94 Bn |
| Nov 30, 2022 | 34.35 Bn |
| Aug 31, 2022 | 37.69 Bn |
| May 31, 2022 | 31.94 Bn |
| Feb 28, 2022 | 38.46 Bn |
| Nov 30, 2021 | 30.44 Bn |
| Aug 31, 2021 | 35.06 Bn |