Carnival Financial Ratios
NYSE: CCLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Carnival ratio analysis
Carnival earned a net margin of 10.4% in FY 2025, up from 7.7% a year earlier. Return on equity reached 22.5%, meaning Carnival generated 0.22 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 2.17 versus 2.97 the year before, and the current ratio was 0.32.
At the end of FY 2025, CCL traded at 12.8 times earnings; across the 6 fiscal years shown, its year-end P/E ranged from 10.4 to 18.4, with a median of 13.6. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Carnival financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 12.76 | 17.66 | — | — | — | — | 10.44 | 13.58 | 18.38 | 13.55 |
| Price / sales | 1.27 | 1.29 | 0.92 | 0.97 | 10.12 | 3.25 | 1.49 | 2.26 | 2.72 | 2.29 |
| Price / book | 2.76 | 3.50 | 2.89 | 1.67 | 1.59 | 0.88 | 1.23 | 1.75 | 1.97 | 1.66 |
| Gross margin | — | 37.5% | 33.7% | 3.4% | -144.0% | — | 38.0% | 41.3% | 40.0% | 42.7% |
| Operating margin | 16.8% | 14.3% | 9.1% | -36.0% | -371.5% | -158.4% | 15.7% | 17.6% | 16.0% | 18.7% |
| Net margin | 10.4% | 7.7% | -0.3% | -50.1% | -498.0% | -182.9% | 14.4% | 16.7% | 14.9% | 17.0% |
| Free cash flow margin | 9.8% | 5.2% | 4.6% | -54.3% | -404.4% | -177.3% | 0.2% | 9.5% | 13.6% | 12.6% |
| Return on equity (ROE) | 22.5% | 20.7% | -1.1% | -86.2% | -78.2% | -49.8% | 11.8% | 12.9% | 10.8% | 12.3% |
| Return on assets (ROA) | 5.3% | 3.9% | -0.2% | -11.8% | -17.8% | -19.1% | 6.6% | 7.4% | 6.4% | 7.1% |
| Debt / equity | 2.17 | 2.97 | 4.44 | 4.89 | 2.74 | 1.31 | 0.45 | 0.42 | 0.38 | 0.42 |
| Current ratio | 0.32 | 0.29 | 0.46 | 0.71 | 0.97 | 1.22 | 0.23 | 0.24 | 0.18 | 0.24 |
| Revenue growth | 6.4% | 15.9% | 77.5% | 537.7% | -65.9% | -73.1% | 10.3% | 7.8% | 6.8% | 4.3% |
| EPS growth | 40.3% | — | — | — | — | -405.6% | -2.7% | 23.7% | -3.5% | 64.6% |