To the full analysis
Carnival stock: growth
CCLCarnival reported $26.62B in revenue for fiscal 2025, up 6.4% on the prior year, up 36.6% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
4.4%
per year from 2006 to 2025, per share 1.7%
Earnings (Annual rate)
1%
per year from 2006 to 2025, per share −1.6%
Free cash flow (Annual rate)
4.4%
per year from 2006 to 2025, per share 1.7%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 36.6% | 5.4% | 4.4% |
| Revenue per share | 23.0% | 0.0% | 1.7% |
| Earnings | no data | 4.6% | 1.0% |
| Earnings per share | no data | −0.7% | −1.6% |
| Free cash flow | no data | 1.5% | 4.4% |
| Free cash flow per share | no data | −3.7% | 1.7% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $11.84B | $2.28B | $1.15B |
| 2007 | $13.03B | $2.41B | $757M |
| 2008 | $14.95B | $2.32B | $38M |
| 2009 | $13.46B | $1.79B | −$38M |
| 2010 | $14.47B | $1.98B | $239M |
| 2011 | $15.79B | $1.91B | $1.07B |
| 2012 | $15.38B | $1.3B | $667M |
| 2013 | $15.46B | $1.06B | $685M |
| 2014 | $15.88B | $1.22B | $847M |
| 2015 | $15.71B | $1.76B | $2.25B |
| 2016 | $16.39B | $2.78B | $2.07B |
| 2017 | $17.51B | $2.61B | $2.38B |
| 2018 | $18.88B | $3.15B | $1.8B |
| 2019 | $20.83B | $2.99B | $46M |
| 2020 | $5.59B | −$10.24B | −$9.92B |
| 2021 | $1.91B | −$9.5B | −$7.72B |
| 2022 | $12.17B | −$6.09B | −$6.61B |
| 2023 | $21.59B | −$74M | $997M |
| 2024 | $25.02B | $1.92B | $1.3B |
| 2025 | $26.62B | $2.76B | $2.61B |
Revenue by segment
How Carnival Corporation & plc makes its money and how that has shifted. Names are as the company reports them.
- Tour And Other65%
- Cruise35%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| Tour And Other | $16.46B | $17.42B | 65.4% |
| Cruise | $8.56B | $9.2B | 34.6% |
| Total revenue | $25.02B | $26.62B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 30 Nov 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 11 Apr 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.