What is Carnival Corporation Ltd.'s earnings per share (EPS)?

Carnival Corporation Ltd. (CCL) reported diluted earnings per share of $2.02 for fiscal year 2025. This represents a 40.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Carnival Corporation Ltd. Financials

CCL

Source SEC Filings (10-K/10-Q) Updated Feb 28, 2026 Currency USD FYE November

This page shows Carnival Corporation Ltd. (CCL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CCL FY2025 2026-04-22

Carnival’s cash-generative recovery is now repairing leverage, even while near-term liquidity remains tight.

Between FY2023 and FY2025, operating cash flow climbed from $4.3B to $6.2B, showing the recovery matured into a cash engine rather than a one-period earnings rebound. With free cash flow at $2.6B, leverage could be reduced to 2.0x, so improvement is now funding balance-sheet repair.

FY2025 net income of $2.8B turned into operating cash flow of $6.2B, so reported profit was supported by real cash collection. Even after capital spending of $3.6B, the business kept $2.6B of free cash flow, which suggests reinvestment is no longer swallowing the recovery.

The balance sheet is improving, but near-term liquidity is still constrained: the current ratio was only 0.3x in FY2025. That means day-to-day flexibility depends more on continued cash generation than on the $1.9B cash balance, even though equity rebuilding has materially strengthened the capital structure.

Financial Health Signals

Financial Profile 44/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Carnival Corporation Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Carnival Corporation Ltd. has an operating margin of 16.8%, meaning the company retains $17 of operating profit per $100 of revenue. This results in a moderate score of 54/100, indicating healthy but not exceptional operating efficiency. This is up from 14.3% the prior year.

Growth

Carnival Corporation Ltd.'s revenue grew 6.4% year-over-year to $26.6B, a solid pace of expansion. This earns a growth score of 52/100.

Leverage

Carnival Corporation Ltd. has a moderate D/E ratio of 1.96. This balance of debt and equity financing earns a leverage score of 62/100.

Liquidity

Carnival Corporation Ltd.'s current ratio of 0.32 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Carnival Corporation Ltd. has a free cash flow margin of 9.8%, earning a moderate score of 43/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Carnival Corporation Ltd.'s ROE of 22.5% shows moderate profitability relative to equity, earning a score of 49/100. This is up from 20.7% the prior year.

Altman Z-Score Distress

1.26

Carnival Corporation Ltd. scores 1.26, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Strong

7/9

Carnival Corporation Ltd. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.25x

For every $1 of reported earnings, Carnival Corporation Ltd. generates $2.25 in operating cash flow ($6.2B OCF vs $2.8B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.3x

Carnival Corporation Ltd. earns $3.3 in operating income for every $1 of interest expense ($4.5B vs $1.3B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$26.6B

YoY+6.4%

5Y CAGR+36.6%

10Y CAGR+5.4%

Carnival Corporation Ltd. generated $26.6B in revenue in fiscal year 2025. This represents an increase of 6.4% from the prior year.

EBITDA

$7.3B

YoY+18.6%

10Y CAGR+5.6%

Carnival Corporation Ltd.'s EBITDA was $7.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.6% from the prior year.

Net Income

$2.8B

YoY+44.1%

10Y CAGR+4.6%

Carnival Corporation Ltd. reported $2.8B in net income in fiscal year 2025. This represents an increase of 44.1% from the prior year.

EPS (Diluted)

$2.02

YoY+40.3%

Carnival Corporation Ltd. earned $2.02 per diluted share (EPS) in fiscal year 2025. This represents an increase of 40.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$2.6B

YoY+101.0%

10Y CAGR+1.5%

Carnival Corporation Ltd. generated $2.6B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 101.0% from the prior year.

Cash & Debt

$1.9B

YoY+59.3%

5Y CAGR-27.3%

10Y CAGR+3.3%

Carnival Corporation Ltd. held $1.9B in cash against $24.0B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

1.24B

YoY+6.2%

Carnival Corporation Ltd. had 1.24B shares outstanding in fiscal year 2025. This represents an increase of 6.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

16.8%

YoY+2.6pp

5Y CAGR+175.3pp

10Y CAGR+0.5pp

Carnival Corporation Ltd.'s operating margin was 16.8% in fiscal year 2025, reflecting core business profitability. This is up 2.6 percentage points from the prior year.

Net Margin

10.4%

YoY+2.7pp

5Y CAGR+193.3pp

10Y CAGR-0.8pp

Carnival Corporation Ltd.'s net profit margin was 10.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.7 percentage points from the prior year.

Return on Equity

22.5%

YoY+1.8pp

5Y CAGR+72.3pp

10Y CAGR+15.1pp

Carnival Corporation Ltd.'s ROE was 22.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$3.6B

YoY-21.9%

5Y CAGR-0.0%

10Y CAGR+4.6%

Carnival Corporation Ltd. invested $3.6B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 21.9% from the prior year.

CCL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$26.6B+6.4%	$25.0B+15.9%	$21.6B+77.5%	$12.2B+537.7%	$1.9B-65.9%	$5.6B
Cost of Revenue	N/A	$15.6B+9.2%	$14.3B+21.8%	$11.8B+152.6%	$4.7B	N/A
Gross Profit	N/A	$9.4B+29.0%	$7.3B+1670.3%	$411.0M+115.0%	-$2.7B	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.4B+4.6%	$3.3B+10.2%	$3.0B+17.3%	$2.5B+33.4%	$1.9B+0.4%	$1.9B
Operating Income	$4.5B+25.4%	$3.6B+82.7%	$2.0B+144.7%	-$4.4B+38.2%	-$7.1B+20.0%	-$8.9B
Interest Expense	$1.3B-23.1%	$1.8B-15.1%	$2.1B+28.4%	$1.6B+0.5%	$1.6B+78.9%	$895.0M
Income Tax	$12.0M+1300.0%	-$1.0M-107.7%	$13.0M-7.1%	$14.0M+166.7%	-$21.0M-23.5%	-$17.0M
Net Income	$2.8B+44.1%	$1.9B+2689.2%	-$74.0M+98.8%	-$6.1B+35.9%	-$9.5B+7.2%	-$10.2B
EPS (Diluted)	$2.02+40.3%	$1.44+2500.0%	$-0.06+98.8%	$-5.16+39.0%	$-8.46	$-13.20

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$6.2B-2.6%	$6.3B-22.3%	$8.2B+28.8%	$6.3B+8.9%	$5.8B-2.2%	$5.9B-24.8%	$7.9B+36.6%	$5.8B
Cost of Revenue	N/A	N/A	$4.4B+12.8%	$3.9B+3.2%	$3.8B-1.7%	$3.8B-10.9%	$4.3B+13.3%	$3.8B
Gross Profit	N/A	N/A	$3.8B+54.3%	$2.4B+19.5%	$2.0B-2.9%	$2.1B-41.4%	$3.6B+81.2%	$2.0B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$924.0M-3.6%	$959.0M+23.1%	$779.0M-4.5%	$816.0M-3.8%	$848.0M-4.4%	$887.0M+16.3%	$763.0M-3.3%	$789.0M
Operating Income	$607.0M-17.4%	$735.0M-67.6%	$2.3B+143.1%	$934.0M+72.0%	$543.0M-3.0%	$560.0M-74.3%	$2.2B+288.9%	$560.0M
Interest Expense	$291.0M-7.3%	$314.0M-0.9%	$317.0M-7.0%	$341.0M-9.5%	$377.0M-6.5%	$403.0M-6.5%	$431.0M-4.2%	$450.0M
Income Tax	$17.0M+194.4%	-$18.0M-400.0%	$6.0M-64.7%	$17.0M+142.9%	$7.0M+150.0%	-$14.0M-275.0%	$8.0M+60.0%	$5.0M
Net Income	$258.0M-38.7%	$421.0M-77.3%	$1.9B+227.8%	$565.0M+824.4%	-$78.0M-125.7%	$303.0M-82.5%	$1.7B+1785.9%	$92.0M
EPS (Diluted)	$0.19	N/A	$1.33+216.7%	$0.42+800.0%	$-0.06	N/A	$1.26+1700.0%	$0.07

CCL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$51.7B+5.4%	$49.1B-0.1%	$49.1B-5.0%	$51.7B-3.1%	$53.3B-0.5%	$53.6B
Current Assets	$4.2B+24.9%	$3.4B-35.9%	$5.3B-29.7%	$7.5B-26.1%	$10.1B-4.1%	$10.6B
Cash & Equivalents	$1.9B+59.3%	$1.2B-49.9%	$2.4B-40.1%	$4.0B-54.9%	$8.9B-6.0%	$9.5B
Inventory	$505.0M-0.4%	$507.0M-4.0%	$528.0M+23.4%	$428.0M+20.2%	$356.0M+6.3%	$335.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M-28.3%	$807.0M
Total Liabilities	$39.4B-1.0%	$39.8B-5.8%	$42.2B-5.4%	$44.6B+8.3%	$41.2B+24.7%	$33.0B
Current Liabilities	$13.1B+12.7%	$11.6B+1.2%	$11.5B+8.3%	$10.6B+1.9%	$10.4B+19.8%	$8.7B
Long-Term Debt	$24.0B-7.3%	$25.9B-8.9%	$28.5B-10.9%	$32.0B+12.1%	$28.5B+28.8%	$22.1B
Total Equity	$12.3B+32.6%	$9.3B+34.4%	$6.9B-2.6%	$7.1B-41.8%	$12.1B-40.9%	$20.6B
Retained Earnings	$4.8B+129.3%	$2.1B+1035.7%	$185.0M-31.2%	$269.0M-95.8%	$6.4B-59.9%	$16.1B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$51.6B-0.2%	$51.7B+1.7%	$50.8B-0.7%	$51.2B+5.4%	$48.5B-1.1%	$49.1B-1.5%	$49.8B+0.4%	$49.6B
Current Assets	$3.7B-11.9%	$4.2B+9.1%	$3.9B-11.1%	$4.3B+46.1%	$3.0B-11.9%	$3.4B-6.8%	$3.6B-3.8%	$3.8B
Cash & Equivalents	$1.4B-26.1%	$1.9B+9.4%	$1.8B-17.8%	$2.1B+157.6%	$833.0M-31.2%	$1.2B-20.5%	$1.5B-7.5%	$1.6B
Inventory	$510.0M+1.0%	$505.0M+6.3%	$475.0M-0.2%	$476.0M-8.1%	$518.0M+2.2%	$507.0M+3.0%	$492.0M-3.3%	$509.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M0.0%	$579.0M
Total Liabilities	$38.5B-2.2%	$39.4B+1.3%	$38.9B-5.5%	$41.2B+4.6%	$39.4B-1.1%	$39.8B-3.4%	$41.2B-3.7%	$42.8B
Current Liabilities	$12.4B-5.1%	$13.1B+14.5%	$11.4B-11.5%	$12.9B+11.6%	$11.6B-0.3%	$11.6B-5.3%	$12.3B-8.4%	$13.4B
Long-Term Debt	$23.8B-1.0%	$24.0B-4.1%	$25.1B-3.1%	$25.9B+1.5%	$25.5B-1.7%	$25.9B-2.6%	$26.6B-1.9%	$27.2B
Total Equity	$13.0B+6.2%	$12.3B+2.9%	$11.9B+19.2%	$10.0B+9.0%	$9.2B-0.7%	$9.3B+7.6%	$8.6B+26.2%	$6.8B
Retained Earnings	$4.7B-1.7%	$4.8B+9.6%	$4.4B+72.8%	$2.5B+27.7%	$2.0B-5.2%	$2.1B+16.9%	$1.8B+2800.0%	$62.0M

CCL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$6.2B+5.0%	$5.9B+38.4%	$4.3B+356.3%	-$1.7B+59.4%	-$4.1B+34.8%	-$6.3B
Capital Expenditures	$3.6B-21.9%	$4.6B+40.9%	$3.3B-33.5%	$4.9B+37.0%	$3.6B-0.4%	$3.6B
Free Cash Flow	$2.6B+101.0%	$1.3B+30.1%	$997.0M+115.1%	-$6.6B+14.3%	-$7.7B+22.2%	-$9.9B
Investing Cash Flow	-$3.3B+26.8%	-$4.5B-61.4%	-$2.8B+41.1%	-$4.8B-34.5%	-$3.5B-9.4%	-$3.2B
Financing Cash Flow	-$2.2B+15.3%	-$2.6B+49.2%	-$5.1B-242.3%	$3.6B-48.5%	$6.9B-62.7%	$18.6B
Dividends Paid	N/A	N/A	N/A	$0	$0-100.0%	$689.0M
Share Buybacks	N/A	N/A	N/A	$0	$0-100.0%	$12.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$1.3B-16.8%	$1.5B+9.8%	$1.4B-42.2%	$2.4B+158.6%	$925.0M+1.5%	$911.0M-24.4%	$1.2B-40.9%	$2.0B
Capital Expenditures	$566.0M-62.4%	$1.5B+132.8%	$647.0M-24.0%	$851.0M+40.2%	$607.0M+2.5%	$592.0M+2.6%	$577.0M-56.3%	$1.3B
Free Cash Flow	$697.0M+5708.3%	$12.0M-98.4%	$736.0M-52.2%	$1.5B+384.6%	$318.0M-0.3%	$319.0M-49.2%	$628.0M-12.8%	$720.0M
Investing Cash Flow	-$597.0M+60.4%	-$1.5B-141.3%	-$624.0M-6.5%	-$586.0M+3.1%	-$605.0M-5.4%	-$574.0M+0.5%	-$577.0M+52.7%	-$1.2B
Financing Cash Flow	-$1.2B-802.4%	$166.0M+114.5%	-$1.1B-119.6%	-$521.0M+24.5%	-$690.0M-9.4%	-$631.0M+18.1%	-$770.0M+45.8%	-$1.4B
Dividends Paid	$208.0M	N/A	N/A	N/A	$0	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CCL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	37.5%+3.8pp	33.7%+30.3pp	3.4%+147.3pp	-144.0%	N/A
Operating Margin	16.8%+2.6pp	14.3%+5.2pp	9.1%+45.1pp	-36.0%+335.5pp	-371.5%-213.1pp	-158.4%
Net Margin	10.4%+2.7pp	7.7%+8.0pp	-0.3%+49.7pp	-50.1%+447.9pp	-498.0%-315.0pp	-182.9%
Return on Equity	22.5%+1.8pp	20.7%+21.8pp	-1.1%+85.2pp	-86.2%-8.0pp	-78.2%-28.4pp	-49.8%
Return on Assets	5.3%+1.4pp	3.9%+4.1pp	-0.1%+11.6pp	-11.8%+6.0pp	-17.8%+1.3pp	-19.1%
Current Ratio	0.32+0.0	0.29-0.2	0.46-0.2	0.71-0.3	0.97-0.2	1.22
Debt-to-Equity	1.96-0.8	2.80-1.3	4.14-0.4	4.52+2.2	2.35+1.3	1.08
FCF Margin	9.8%+4.6pp	5.2%+0.6pp	4.6%+58.9pp	-54.3%+350.1pp	-404.4%-227.1pp	-177.3%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	46.2%+7.6pp	38.6%+3.4pp	35.2%-0.3pp	35.5%-10.0pp	45.5%+11.2pp	34.3%
Operating Margin	9.8%-1.8pp	11.6%-16.2pp	27.9%+13.1pp	14.8%+5.4pp	9.3%-0.1pp	9.4%-18.1pp	27.6%+17.9pp	9.7%
Net Margin	4.2%-2.5pp	6.7%-16.1pp	22.7%+13.8pp	8.9%+10.3pp	-1.3%-6.4pp	5.1%-16.9pp	22.0%+20.4pp	1.6%
Return on Equity	2.0%-1.4pp	3.4%-12.1pp	15.5%+9.9pp	5.7%+6.5pp	-0.9%-4.1pp	3.3%-16.9pp	20.2%+18.8pp	1.4%
Return on Assets	0.5%-0.3pp	0.8%-2.8pp	3.6%+2.5pp	1.1%+1.3pp	-0.2%-0.8pp	0.6%-2.9pp	3.5%+3.3pp	0.2%
Current Ratio	0.30-0.0	0.32-0.0	0.340.0	0.34+0.1	0.26-0.0	0.290.0	0.30+0.0	0.28
Debt-to-Equity	1.83-0.1	1.96-0.1	2.10-0.5	2.58-0.2	2.78-0.0	2.80-0.3	3.10-0.9	3.98
FCF Margin	11.3%+11.1pp	0.2%-8.8pp	9.0%-15.3pp	24.3%+18.9pp	5.5%+0.1pp	5.4%-2.6pp	8.0%-4.5pp	12.4%

Note: The current ratio is below 1.0 (0.32), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Carnival Corporation Ltd.'s annual revenue?

Carnival Corporation Ltd. (CCL) reported $26.6B in total revenue for fiscal year 2025. This represents a 6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Carnival Corporation Ltd.'s revenue growing?

Carnival Corporation Ltd. (CCL) revenue grew by 6.4% year-over-year, from $25.0B to $26.6B in fiscal year 2025.

Is Carnival Corporation Ltd. profitable?

Yes, Carnival Corporation Ltd. (CCL) reported a net income of $2.8B in fiscal year 2025, with a net profit margin of 10.4%.

What is Carnival Corporation Ltd.'s EBITDA?

Carnival Corporation Ltd. (CCL) had EBITDA of $7.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Carnival Corporation Ltd. have?

As of fiscal year 2025, Carnival Corporation Ltd. (CCL) had $1.9B in cash and equivalents against $24.0B in long-term debt.

What is Carnival Corporation Ltd.'s operating margin?

Carnival Corporation Ltd. (CCL) had an operating margin of 16.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Carnival Corporation Ltd.'s net profit margin?

Carnival Corporation Ltd. (CCL) had a net profit margin of 10.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Carnival Corporation Ltd.'s return on equity (ROE)?

Carnival Corporation Ltd. (CCL) has a return on equity of 22.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Carnival Corporation Ltd.'s free cash flow?

Carnival Corporation Ltd. (CCL) generated $2.6B in free cash flow during fiscal year 2025. This represents a 101.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Carnival Corporation Ltd.'s operating cash flow?

Carnival Corporation Ltd. (CCL) generated $6.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Carnival Corporation Ltd.'s total assets?

Carnival Corporation Ltd. (CCL) had $51.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Carnival Corporation Ltd.'s capital expenditures?

Carnival Corporation Ltd. (CCL) invested $3.6B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Carnival Corporation Ltd. have outstanding?

Carnival Corporation Ltd. (CCL) had 1.24B shares outstanding as of fiscal year 2025.

What is Carnival Corporation Ltd.'s current ratio?

Carnival Corporation Ltd. (CCL) had a current ratio of 0.32 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Carnival Corporation Ltd.'s debt-to-equity ratio?

Carnival Corporation Ltd. (CCL) had a debt-to-equity ratio of 1.96 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Carnival Corporation Ltd.'s return on assets (ROA)?

Carnival Corporation Ltd. (CCL) had a return on assets of 5.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Carnival Corporation Ltd.'s Altman Z-Score?

Carnival Corporation Ltd. (CCL) has an Altman Z-Score of 1.26, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Carnival Corporation Ltd.'s Piotroski F-Score?

Carnival Corporation Ltd. (CCL) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Carnival Corporation Ltd.'s earnings high quality?

Carnival Corporation Ltd. (CCL) has an earnings quality ratio of 2.25x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Carnival Corporation Ltd. cover its interest payments?

Carnival Corporation Ltd. (CCL) has an interest coverage ratio of 3.3x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Carnival Corporation Ltd.?

Carnival Corporation Ltd. (CCL) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.