Carnival (CCL) Total Non-Current Liabilities (2009 - 2026)
Carnival (CCL) recorded Total Non-Current Liabilities of $35.43 billion in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 6.0% from $37.7 billion a year earlier and down 6.7% from the prior quarter.
Carnival (CCL) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Carnival reported Total Non-Current Liabilities of $38.31 billion, down 1.3% from FY2024.
- Annual Total Non-Current Liabilities has declined for three straight fiscal years, though with a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- Across earlier fiscal years, Total Non-Current Liabilities came in at $38.79 billion in FY2024 (-5.7%), $41.13 billion in FY2023 (-6.0%), $43.75 billion in FY2022 (+8.9%) and $40.16 billion in FY2021 (+25.1%).
- The fiscal Q3 2026 figure is the lowest quarterly Total Non-Current Liabilities since fiscal Q4 2020.
- On a year-over-year basis, Total Non-Current Liabilities has declined for 13 consecutive quarters, with an average decline of 5.0% over the last eight quarters.
- Peak year-over-year performance for Total Non-Current Liabilities in the last five years was growth of 25.1% in fiscal Q4 2021, against a decline of 9.0% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $37.97 billion (Q2 2026), $37.35 billion (Q1 2026) and $38.31 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 31.37 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 22.23 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 33.53 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 6.04 Bn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 35.43 Bn |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | -5.38 Bn |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | 14.41 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 8.30 Bn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 6.96 Bn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 20.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 35.43 Bn |
| May 31, 2026 | 37.97 Bn |
| Feb 28, 2026 | 37.35 Bn |
| Nov 30, 2025 | 38.31 Bn |
| Aug 31, 2025 | 37.70 Bn |
| May 31, 2025 | 40.00 Bn |
| Feb 28, 2025 | 38.28 Bn |
| Nov 30, 2024 | 38.79 Bn |
| Aug 31, 2024 | 40.17 Bn |
| May 31, 2024 | 41.71 Bn |
| Feb 29, 2024 | 42.08 Bn |
| Nov 30, 2023 | 41.13 Bn |
| Aug 31, 2023 | 41.71 Bn |
| May 31, 2023 | 44.96 Bn |
| Feb 28, 2023 | 44.91 Bn |
| Nov 30, 2022 | 43.75 Bn |
| Aug 31, 2022 | 42.55 Bn |
| May 31, 2022 | 43.76 Bn |
| Feb 28, 2022 | 42.00 Bn |
| Nov 30, 2021 | 40.16 Bn |
Carnival Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=CCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();