Revenue segments as reported by the company.

Passenger ticket

Onboard and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling and administrative

Depreciation and amortization

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe and Asia (EA) Cruise Operations segment consists of AIDA, Costa, Cunard, and P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Carnival beats Q1 expectations, eyes growth amid challenges

Carnival (CCL) outperformed in Q1, with strong financial performance and positive outlook for the year
Strategies in place to address challenges, capitalize on strengths, and leverage opportunities for growth
Focus on improving operational efficiency, reducing debt, and enhancing customer experience to drive long-term success
Continued investment in marketing, fleet optimization, and cost management to drive profitability and cash flow

Carnival surpasses 2019 levels, raises guidance amidst industry recovery

Carnival (CCL) delivered strong financial performance in Q2 2023, exceeding 2019 levels and raising guidance for the year.
Strategic initiatives like the SEA Change Program and portfolio optimization are driving sustainability and revenue growth.
While facing challenges like inflationary pressures, the company is well-positioned to capitalize on opportunities in the cruise industry.
With a focus on financial stability, brand strategies, and customer value, Carnival is navigating challenges to drive growth and value creation.

Carnival surpasses Q3 expectations, eyes debt reduction and revenue growth

Carnival's Q3 2023 performance exceeded expectations, with strong financial results and optimistic outlook for 2023 and 2024, driven by robust bookings and revenue growth.
While facing challenges like emissions taxes and debt reduction, the company's focus on operational improvements and market opportunities bodes well for future success.
With a strategic focus on debt reduction, revenue optimization, and customer experience enhancements, Carnival is poised for sustainable growth and financial stability.

Carnival (CCL) reports record Q4 performance and plans brand expansion

Carnival (CCL) delivered strong financial performance in Q4 2023, with record revenues and bookings.
Debt reduction efforts and high liquidity position the company well for future growth and investment.
Challenges include pricing gaps and geopolitical pressures, requiring a focus on safety and cost management.
Opportunities lie in market capture campaigns, onboard revenue growth, and strategic brand expansion plans.

Carnival surpasses Q1 expectations, focuses on sustainable growth and debt reduction

Carnival's Q1 2024 performance exceeded expectations, with strong bookings and yield growth. The company is focused on sustainable revenue growth, debt reduction, and maximizing onboard spending. Opportunities exist in attracting new customers and leveraging investments for pricing power.

Carnival Surpasses Q2 Expectations, Raises Outlook

Carnival Corporation's Q2 2024 earnings highlighted exceptional financial and operational performance with record-breaking metrics in revenues, bookings, and customer deposits. Strategic portfolio management and technological enhancements are set to bolster future growth. The company's focus on refinancing and deleveraging is aimed at sustaining strong free cash flow and improving leverage metrics.

Carnival (CCL) surpasses Q3 expectations, eyes record 2026 performance

Carnival's Q3 2024 performance exceeded expectations, setting a strong base for 2025 and a record start to 2026.
The company is focused on improving financial metrics, attracting new guests, and driving demand growth through marketing efforts.
While challenges like debt reduction persist, Carnival has opportunities to optimize strategic decisions and capitalize on its strong performance.

Carnival (CCL) achieves record revenues in 2024, eyes sustained growth

Carnival's strong performance in 2024 showcases record revenues and improved net income, driven by robust demand and effective yield management. The company is focused on sustainability, debt reduction, and enhancing its destination strategy. Challenges include potential regulatory impacts and cost increases, with opportunities lying in sustained demand and brand investments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

In January, I added Carnival to our model value portfolio and exited the position in April for a gain of 30%. The stock has declined 20% ever since we decided to book our gains, and a lot has happened in the last couple of months.

Can Carnival Make A Comeback? Here's What I Think After Booking A 30% Gain

Investors can buy Carnival stock cheaply at a 12 P/E. CCL stock is worth 28% more at $29.71, on 2023 estimates and historical P/E multiple.

Carnival Stock Should Go Up By 28% With Positive Earnings Growth

Surprise! Carnival is taking on more debt.

Why Carnival Stock Just Fell

The stock price of Carnival Corp (NYSE: CCL) increased 9.44% today. This is why it happened.

CCL Stock Increased 9.44%: Why It Happened

MIAMI, July 21, 2021 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Issuer") has priced its private offering of $2,405.5 million aggregate principal amount of 4.000% first-priority senior secured notes due 2028 (the "New Notes"). The offering of the New Notes is expected to close on July 26, 2021 subject to customary closing conditions.

Carnival Corporation & plc Announces Pricing of $2.4 Billion 4.0% First-Priority Senior Secured Notes Offering to Refinance a Portion of its Existing 11.5% Notes and Extend Maturities

When markets are trending lower, the bears are in charge. There isn't enough demand to absorb all of the supply, which forces the price lower.

Is It Time To Buy Carnival Stock?

The most prolific name in the business confirmed that operations are inching their way back to normal, offering a specific operating metric.

Why Carnival Is Up Nearly 9% on Wednesday (While Royal Caribbean and Norwegian Aren't Far Behind)

SANTA CLARITA, Calif., July 21, 2021 /PRNewswire/ -- In fewer than 200 days, the newest Princess Cruises ship – Discovery Princess – will debut at the Port of Los Angeles in spring 2022, for an inaugural season of Mexican Riviera and California Coast cruises.

Princess Cruises Announces Discovery Princess Senior Officers

Carnival (CCL) continues to resume cruise operations from ports around the world in a gradual, phased-in approach.

Carnival (CCL) to Resume Cruise Operations With Up to 75% Capacity

1Life Healthcare

They are both trading at lows not seen in months.

Are These 2 Crashing Stocks Worth Buying on the Dip?

American Airlines

U.S. indices were trading higher Tuesday amid a rebound in reopening stocks, which dipped Monday amid Delta variant concerns. The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 1.43% to $431.06

Carnival And American Airlines Lead The SPY Higher Tuesday

Shares of Carnival rose on Tuesday after the cruise operator announced plans to return 75% of its fleet capacity by the end of the year.

Carnival stock rises after cruise operator announces 75% of fleet capacity will return this year

Cruise company Carnival Corp (NYSE: CCL) expects to resume guest cruise operations with 65% of total fleet capacity by the end of 2021 across eight of its cruise line brands. The company also announced plans for its entire fleet to return to service by the end of 2021, further increasing its total operating capacity to nearly 75%.

Carnival Expects To Operate 75% Of Fleet Capacity By 2021-End

The cruise line operator gives investors some near-term visibility on returning to normal operations.

Why Carnival Stock Bounced Higher Today

Carnival (CCL) announces plans for additional resumption of operations in September and October 2021. It is also making way for unvaccinated guests subject to terms and conditions.

Carnival (CCL) Plans for Additional Resumption Of Operations

Regulatory hurdles and a surge in new coronavirus cases are causing the stock to crash in July.

Down Over 29% in the Last Month, Is It Finally Time to Consider Carnival Cruise Stock?

Carnival Corp said on Tuesday it expects to have resumed cruises with up to 75% of its total operating capacity by the end of 2021.

Carnival sees cruise operating capacity of up to 75% by end of 2021

Shares of Carnival Corp. bounced 1.9% in premarket trading Tuesday, after the cruise operator said it expects to operate 65% of its total fleet capacity by the end of 2021. The company also announced plans in which it envisions its Carnival Cruise Line brand's entire fleet could return to service this year, which would increase the total operating capacity to nearly 75% by year end.

Carnival stock bounces after plans to have nearly 75% of cruise capacity operating by year end

MIAMI, July 20, 2021 /PRNewswire/ --  Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced that it expects to resume guest cruise operations with 65% of its total fleet capacity by the end of 2021 across eight of its world-leading cruise line brands. Additionally, Carnival Cruise Line has announced plans that envision the brand's entire fleet returning to service by the end of 2021, which would further increase Carnival Corporation's total operating capacity to nearly 75% by the end of the year.

Carnival Corporation to Operate up to 75% of Fleet Capacity by End of 2021

All cruises will be vaccinated cruises until at least the end of October

Carnival expects 75% of fleet to be sailing by end-2021

MIAMI, July 19, 2021 /PRNewswire/ -- Carnival Corporation & plc announced today the successful early results for its consent solicitation and tender offer for purchase of up to approximately $2.0 billion of the 11.5% First Priority Senior Secured Notes, with 85.19% of consents received and $2.4 billion of Notes tendered.  As a result, the Supplemental Indenture was executed.

Carnival Corporation & plc Announces Successful Results of Tender Offer for its 11.5% Senior Secured Notes Due 2023 Subject to Refinancing Conditions

Carnival Corp. said Monday that its Carnival Cruise Line brand will have three more ships resuming operations in September, and another four in October. The line is seeing "a great combination of strong demand and strong guest satisfaction scores tied to the positive guest experience on board," Christine Duffy, president of Carnival Cruise Line, said in a statement.

Carnival Corp.'s Carnival Cruise Line to operate more ships in September, October

Carnival Corp. (NYSE:CCL) shares were trading lower in Monday's session with other cruise-related stocks after a report suggesting a federal appeals court temporarily blocked a previous ruling. The ruling had favored a Florida lawsuit challenging pandemic-related regulations on Florida-based cruise ships.

What's Next For Carnival Stock After This Key Support Break?

Norwegian Cruise Line

Royal Caribbean Cruises

Cruise Stocks stumbled after an appeals court handed down a decision that will temporarily keep in place pandemic restrictions on the industry.

Cruise stocks fall amid Covid concerns, court ruling in Florida

The stock price of Carnival Corp (NYSE: CCL) fell by over 8% during intraday trading today. This is why it happened.

News for Carnival Stock (CCL)