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

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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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.

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Cost of revenue

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SG&A

Other

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EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

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Inventory

Non-current assets

Net PPE

Intangibles

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Short term debt

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

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Cash from other sources

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Free cash flow

Book by June 28 for deals on cruises departing through May 2025 SEATTLE , June 4, 2024 /PRNewswire/ -- Travelers looking to plan a summer getaway or book a future vacation next year can take advantage of Holland America Line's "Summer Savings Event" launching Tuesday, June 4, 2024. The special promotion features up to 40% off cruise-only fares, free third and fourth guests when traveling in the same stateroom, onboard credits of up to $100 per stateroom and 50% reduced deposits.

Holland America Line Sails Into Summer with Offer of 40% Off Cruise Fares, Onboard Spending Credit and Free Third and Fourth Guests

Carnival PLC (LSE:CCL) shares rose 4.5% on Tuesday to top the FTSE 350 leaderboard after the shares were upgraded by Peel Hunt.  The broker moved its recommendation to 'buy' from 'add' for the cruise opeator, with a new target price of 1,300p up from 1,100p.

Carnival sails higher after broker upgrade

Carnival Corporation stock remains below its pre-COVID highs. I urged investors to sell CCL in June 2023. CCL's relative underperformance against the market has justified my bearish thesis. Carnival's Q1 earnings release showed impressive net yields recovery and solid growth dynamics.

Carnival: Fears Have Likely Peaked, Time To Turn Bullish (Rating Upgrade)

Carnival kicked off 2024 with record bookings and customer deposits. New capacity and higher pricing are driving growth.

Carnival Corp Stock Is Down 18% This Year. Time to Buy?

Chipotle

Home Depot

Carnival is reporting its best-booked position ever, but its stock trades at a dirt-cheap valuation. Chipotle is performing as well as ever, and it just announced a 50-for-1 stock split.

3 S&P 500 stocks That Are Screaming Buys Right Now

OneSpaWorld Holdings Limited

Viking Holdings Ltd

Given how well the cruise line industry is performing right now, figuring out which cruise stocks to buy, rather than cruise stocks to sell, may be what's top of mind among more investors. After all, cruise line stocks have surged in a big way since 2023, as the sector's post-pandemic recovery gained momentum, resulting in massive improvements in revenue and profitability.

3 Sorry Cruise Stocks to Sell in May While You Still Can

Norwegian Cruise Line

Royal Caribbean Cruises

Carnival, Royal Caribbean and Norwegian have largely recovered from the pandemic, but investors are wary.

Why Are Cruise Stocks Still Dead in the Water?

Cruise stocks are thriving, helped by strong demand and soaring revenue in key countries. Royal Caribbean (NYSE: RCL) stock price has jumped by over 90% while Carnival (LON: CCL) has surged by over 40% in the past 12 months.

Royal Caribbean and Carnival stocks face this 1 key risk

Disney and Carnival both experienced hard times during early pandemic days. Both of these players are progressing along the recovery path and offer bright long-term prospects.

Forget Disney: Buy This Unstoppable Growth Stock Instead

American Airlines

Booking Hlds

Despegar.com

Disney

Stocks like AAL, DESP, CCL, BKNG and DIS are likely to benefit from the increase in travel and tourism this Memorial Day weekend.

5 Stocks to Make the Most of the Busiest Memorial Day Weekend

Tradeweb Markets

Investors are already probing stocks to buy after April's inflation fell more than projected last week. According to the CPI report, both core and headline inflation figures are trending downward.

The Post-CPI Playbook: 3 Stocks to Buy for Market-Beating Returns

ABM Industries

Citigroup

Cleveland-Cliffs

Comerica

Goodyear Tire & Rubber

Synchrony Financial

The stock market has risen without much volatility. Quiet days favor stocks such as Citigroup, Comerica, Carnival, ABM, Synchrony, Cleveland Cliffs, and Goodyear, says 22V Research.

7 Stock Picks for A Boring Market

Even though inflation is still taking a massive bite out of household budgets, demand for cruises has been surging. Many major cruise operators reported record demand in recent weeks.

Cruise lines are thriving despite inflation and higher booking costs

Norwegian Cruise Line increased its full-year guidance for the second time this month. All three stocks are now trading for less than 12 times next year's projected earnings.

Is It Time to Buy Carnival and Other Cruise Line Stocks?

Cruise stocks are in the green at writing after Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) talked of “very strong demand” at its investor conference on Monday.

$NCLH, $CCL, $RCL: why are cruise stocks gaining today?

Despite record revenue, shares of this cruise company are trading at a below-market multiple. Debt remains a huge problem that shouldn't be ignored.

1 Cheap Stock Down 79%: Is It a No-Brainer Buying Opportunity?

Carnival's business is seeing strong momentum right now. Years before the pandemic, the cruise line operator was consistently growing sales and earnings.

What's the Highest Carnival Cruise Lines Stock Has Ever Been, and Can It Get There Again?

Revolve

Toast

Carnival just reported a record level of deposits for cruises, but it's trading at a dirt-cheap valuation. Toast's restaurant management platform provides services that create real value for clients.

3 No-Brainer Stocks to Buy With $50 Right Now

Chewy

Ford Motor Company

It is hard enough to find a stock that is certain to make substantial financial gains in the near future. Add the price factor, and finding affordable, successful stocks becomes even more difficult.

3 Bargain Stocks Set for a 6X Gain by 2025

Carnival Corporation & plc stock has trended down to $14, providing an opportunity for investors to buy back in. The upcoming August quarter is expected to bring strong earnings finally for Carnival, with a quarterly profit topping $1 per share. Carnival's positive cash flows will help boost profits through debt repayment and cutting interest expenses.

Carnival: Set To Cruise Back Up (Rating Upgrade)

Carnival Corporation's (NYSE: CCL) shareholders have seen substantial gains, with the stock price rising over 52% in the last year, significantly outperforming the S&P 500's 22% increase. This surge might make potential investors wonder if they've missed the boat on Carnival's shares, or if the company's recovery trajectory suggests further growth ahead.

Carnival stock has surged, but is CCL still a good buy?

Carnival's booking volume remains strong. Occupancy remains high and prices robust.

Carnival: Buy, Sell, or Hold?

CCL Industries, Inc. (OTCPK:CCDBF) Q1 2024 Earnings Conference Call May 9, 2024 7:30 AM ET Company Participants Geoffrey Martin - President and Chief Executive Officer Sean Washchuk - Senior Vice President and Chief Financial Officer Conference Call Participants Hamir Patel - CIBC Capital Markets Ahmed Abdullah - National Bank of Canada Stephen MacLeod - BMO Michael Glen - Raymond James Daryl Young - Stifel Sean Steuart - TD Cowen David McFadgen - Cormark Securities Operator Good morning, and welcome to CCL Industries' First Quarter Investor Update. Please note that there will be a question-and-answer session after the call.

CCL Industries, Inc (CCDBF) Q1 2024 Earnings Call Transcript

Lindblad Expeditions

Cruises are among the most popular vacation picks for people of all ages. The uptick in cruising has shown an immaculate rebound following the massive setback of Covid-19.

The 3 Best Cruise Stocks to Buy in May 2024

Mattel

Warner Bros Discovery Inc

For new investors looking for their first stock with limited cash, the low-priced stocks make sense as a starting ground. Though low prices, such as $20 per share, are more within reach of smaller retail investors, they are not exactly indicative of deep undervaluation.

News for Carnival Stock (CCL)