Carnival Cash Flow Statement
NYSE: CCLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Carnival free cash flow
In fiscal 2025, Carnival generated $6.22 billion of operating cash flow and spent $3.61 billion on capital expenditures. That left free cash flow of $2.61 billion, a free-cash-flow margin of 9.8% of revenue. Free cash flow was up 101.0% from the prior year's $1.30 billion.
Summary generated from market data by MetaCap's automated system. Methodology
Carnival cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-11-30 | FY 20242024-11-30 | FY 20232023-11-30 | FY 20222022-11-30 | FY 20212021-11-30 | FY 20202020-11-30 | FY 20192019-11-30 | FY 20182018-11-30 | FY 20172017-11-30 | FY 20162016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.76B | 1.92B | -74.00M | -6.09B | -9.50B | -10.24B | 2.99B | 3.15B | 2.61B | 2.78B |
| Net Income growth (YoY) | +44.05% | — | — | — | — | -442.34% | -5.14% | +20.95% | -6.23% | +58.17% |
| Depreciation & Amortization | 2.79B | 2.56B | 2.37B | 2.27B | 2.23B | 2.24B | 2.16B | 2.02B | 1.85B | 1.74B |
| Stock-Based Compensation | 98.00M | 62.00M | 53.00M | 101.00M | 121.00M | 105.00M | 46.00M | 65.00M | 63.00M | 55.00M |
| Change in Working Capital | -145.00M | 960.00M | 1.52B | 1.16B | 958.00M | -3.19B | 212.00M | 364.00M | 399.00M | 78.00M |
| Operating Cash Flow | 6.22B | 5.92B | 4.28B | -1.67B | -4.11B | -6.30B | 5.47B | 5.55B | 5.32B | 5.13B |
| Capital Expenditures | -3.61B | -4.63B | -3.28B | -4.94B | -3.61B | -3.62B | -5.43B | -3.75B | -2.94B | -3.06B |
| Investing Cash Flow | -3.32B | -4.54B | -2.81B | -4.77B | -3.54B | -3.24B | -5.28B | -3.51B | -3.12B | -3.32B |
| Dividends Paid | — | — | — | 0 | 0 | -689.00M | -1.39B | -1.35B | -1.09B | -977.00M |
| Share Repurchases | — | — | — | 0 | 0 | -12.00M | -603.00M | -1.47B | -552.00M | -2.34B |
| Financing Cash Flow | -2.19B | -2.58B | -5.09B | 3.58B | 6.95B | 18.65B | -655.00M | -1.46B | -2.45B | -2.59B |
| Net Change in Cash | 727.00M | -1.20B | -3.60B | -2.94B | -715.00M | 9.16B | -465.00M | 574.00M | -241.00M | -792.00M |
| Free Cash Flow | 2.61B | 1.30B | 997.00M | -6.61B | -7.72B | -9.92B | 46.00M | 1.80B | 2.38B | 2.07B |
This table shows 10 annual periods of Carnival's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CCL's reporting calendar. What is a cash flow statement?