Carnival Corporation & Past Earnings Performance
Past criteria checks 5/6
Carnival & has been growing earnings at an average annual rate of 36.8%, while the Hospitality industry saw earnings growing at 36.8% annually. Revenues have been growing at an average rate of 28.8% per year. Carnival &'s return on equity is 22.3%, and it has net margins of 8.1%.
Key information
36.85%
Earnings growth rate
40.76%
EPS growth rate
| Hospitality Industry Growth | 19.52% |
| Revenue growth rate | 28.78% |
| Return on equity | 22.35% |
| Net Margin | 8.07% |
| Last Earnings Update | 28 Feb 2025 |
Recent past performance updates
Recent updates
Carnival Corporation & (NYSE:CCL) Has A Somewhat Strained Balance Sheet
Apr 30
Carnival Corporation: More Than A Recovery Story
Apr 28Carnival's Selloff Triggers Near Doubling Upside Potential - Reiterate Buy
Apr 20Carnival Corporation &'s (NYSE:CCL) Earnings Are Of Questionable Quality
Apr 04Carnival: Likely Cruising To Investment Grade Ahead Of Schedule
Mar 20Carnival Corporation & plc (NYSE:CCL) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough
Mar 11Is There An Opportunity With Carnival Corporation & plc's (NYSE:CCL) 31% Undervaluation?
Feb 28Carnival Corp: Shaping Up Value, Shipping Out Debt
Feb 24Carnival Corporation & (NYSE:CCL) Hasn't Managed To Accelerate Its Returns
Feb 13Carnival: Investigating The Unit Economics
Feb 11Carnival: Continued FCF Generation Will Support Future Upside
Jan 21Carnival Corporation & plc's (NYSE:CCL) Business Is Trailing The Industry But Its Shares Aren't
Jan 21Carnival Set To Cruise Higher In 2025
Jan 07Here's Why Carnival Corporation & (NYSE:CCL) Has A Meaningful Debt Burden
Jan 06Carnival: Riding The Wave Into Earnings, What The Option Market Says
Dec 16Carnival Cruise Lines: Knockout Q3 2024 Results May Auger A Rocket Ride Beyond Bullish Analyst PTs
Nov 14Carnival Cruise Lines: Interest Payments Will Continue To Pressure Bottom Line
Nov 08Slowing Rates Of Return At Carnival Corporation & (NYSE:CCL) Leave Little Room For Excitement
Oct 28Optimistic Investors Push Carnival Corporation & plc (NYSE:CCL) Shares Up 26% But Growth Is Lacking
Oct 10
Calculated Initiatives And Record Bookings Set Sail For Soaring Profits And Revenue Growth
Oct 07 Carnival's strategic investments and focus on efficiency are expected to improve net margins and operational management.Carnival: Rallying Confidently Above The Pessimism
Oct 02Carnival Corporation & (NYSE:CCL) Has A Somewhat Strained Balance Sheet
Sep 25Carnival Corporation: Earnings Jump Seen In Q3 2024, But It's Priced In
Sep 25Carnival Corporation: Fed's Rate Cuts Ease Its Debt Load
Sep 17Carnival Corporation: Sailing Out Of Trouble
Sep 01Carnival Corporation & plc's (NYSE:CCL) Business Is Yet to Catch Up With Its Share Price
Aug 20Carnival Is Making A Comeback Against All Odds
Aug 17The Returns At Carnival Corporation & (NYSE:CCL) Aren't Growing
Jul 15Why I Believe Carnival Can Potentially Appreciate By More Than 60%
Jul 15Carnival Corporation: Significantly Overvalued
Jun 27Carnival Corporation & plc Just Reported A Surprise Profit And Analysts Updated Their Estimates
Jun 27Carnival Corp. Q2 Preview: Assessing Debt Impacts On Growth Outlook
Jun 18Carnival: Fears Have Likely Peaked, Time To Turn Bullish (Rating Upgrade)
Jun 03Carnival: Set To Cruise Back Up (Rating Upgrade)
May 13Carnival: Strong Start To 2024
Apr 01Carnival: Strong Profitability Expected In 2024
Mar 17Revenue & Expenses Breakdown
How Carnival Corporation & makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 28 Feb 25 | 25,424 | 2,052 | 3,511 | 0 |
| 30 Nov 24 | 25,021 | 1,916 | 3,476 | 0 |
| 31 Aug 24 | 24,479 | 1,565 | 3,166 | 0 |
| 31 May 24 | 23,437 | 903 | 3,117 | 0 |
| 29 Feb 24 | 22,567 | 405 | 3,179 | 0 |
| 30 Nov 23 | 21,593 | -74 | 3,078 | 0 |
| 31 Aug 23 | 20,036 | -1,624 | 2,911 | 0 |
| 31 May 23 | 17,488 | -3,467 | 2,822 | 0 |
| 28 Feb 23 | 14,979 | -4,895 | 2,705 | 0 |
| 30 Nov 22 | 12,169 | -6,093 | 2,523 | 0 |
| 31 Aug 22 | 9,617 | -7,115 | 2,365 | 0 |
| 31 May 22 | 5,857 | -9,182 | 2,166 | 0 |
| 28 Feb 22 | 3,505 | -9,419 | 1,964 | 0 |
| 30 Nov 21 | 1,908 | -9,501 | 1,896 | 0 |
| 31 Aug 21 | 655 | -9,103 | 1,755 | 0 |
| 31 May 21 | 141 | -9,126 | 1,594 | 0 |
| 28 Feb 21 | 832 | -11,428 | 1,669 | 0 |
| 30 Nov 20 | 5,594 | -10,236 | 1,885 | 0 |
| 31 Aug 20 | 10,342 | -7,591 | 2,108 | 0 |
| 31 May 20 | 16,843 | -2,952 | 2,406 | 0 |
| 29 Feb 20 | 20,941 | 1,873 | 2,535 | 0 |
| 30 Nov 19 | 20,825 | 2,990 | 2,486 | 0 |
| 31 Aug 19 | 20,500 | 3,060 | 2,469 | 0 |
| 31 May 19 | 19,803 | 2,988 | 2,479 | 0 |
| 28 Feb 19 | 19,322 | 3,097 | 2,463 | 0 |
| 30 Nov 18 | 18,881 | 3,152 | 2,459 | 0 |
| 31 Aug 18 | 18,684 | 3,205 | 2,410 | 0 |
| 31 May 18 | 18,363 | 2,827 | 2,384 | 0 |
| 28 Feb 18 | 17,951 | 2,645 | 2,332 | 0 |
| 30 Nov 17 | 17,510 | 2,606 | 2,265 | 0 |
| 31 Aug 17 | 17,186 | 2,668 | 2,233 | 0 |
| 31 May 17 | 16,768 | 2,762 | 2,216 | 0 |
| 28 Feb 17 | 16,529 | 2,989 | 2,195 | 0 |
| 30 Nov 16 | 16,389 | 2,779 | 2,197 | 0 |
| 31 Aug 16 | 16,165 | 2,441 | 2,196 | 0 |
| 31 May 16 | 15,951 | 2,233 | 2,150 | 0 |
| 29 Feb 16 | 15,834 | 1,850 | 2,109 | 0 |
| 30 Nov 15 | 15,714 | 1,757 | 2,087 | 0 |
| 31 Aug 15 | 15,722 | 1,384 | 2,051 | 0 |
| 31 May 15 | 15,786 | 1,409 | 2,049 | 0 |
| 28 Feb 15 | 15,830 | 1,285 | 2,062 | 0 |
| 30 Nov 14 | 15,884 | 1,216 | 2,054 | 0 |
| 31 Aug 14 | 15,823 | 1,385 | 2,039 | 0 |
| 31 May 14 | 15,602 | 1,078 | 1,996 | 0 |
Quality Earnings: CCL has high quality earnings.
Growing Profit Margin: CCL's current net profit margins (8.1%) are higher than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CCL has become profitable over the past 5 years, growing earnings by 36.8% per year.
Accelerating Growth: CCL's earnings growth over the past year (413.3%) exceeds its 5-year average (36.8% per year).
Earnings vs Industry: CCL earnings growth over the past year (413.3%) exceeded the Hospitality industry 9.5%.
Return on Equity
High ROE: Whilst CCL's Return on Equity (22.35%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 16:55 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Carnival Corporation & plc is covered by 50 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Brandt Montour | Barclays |
| Felicia Kantor Hendrix | Barclays |