Carnival Corp. (CCL)$25.98

Market Cap: 26.50 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for Carnival Corp. (CCL).

CONSUMER CYCLICAL

TRAVEL SERVICES

DCF ready

Valuation

19.9x

EV/FCF, 5.0% FCF yield

Quality

7.0%

ROIC, 9.8% FCF margin

Growth

36.6%

5Y sales (revenue) CAGR

Balance sheet

2.2x

Debt/equity, 0.3x current ratio

Superinvestors

Top: Viking Global Investors (1.0%)

Strengths to research

Revenue compounded at 36.6% over five years.
Return on equity is strong at 22.5%.
10 annual periods are available for trend analysis.

Watchouts

Debt/equity is high at 2.2x.
Current ratio is below 1 at 0.3x.

Annual data: 10 periods

Quarterly data: 24 periods

Stock snapshot: May 25, 2026

Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for CCL.

Grade D

/ 100

Peer Comparison

Target stock against 7 market-cap comparable peers.

Heat map: red worst to green best


CCL Target	Carnival Corp.	$26.5B	12.9x	19.9x	7.0%	36.6%	9.8%	N/A	5.7x	N/A
EXPE	Expedia Group Inc.	$21.1B	21.9x	7.0x	17.5%	23.2%	21.1%	N/A	0.3x	N/A
TCOM	Trip.com Group Ltd	$39.9B	N/A	17.6x	19.5%	26.0%	21.8%	80.6%	-2.4x	N/A
RCL	ROYAL CARIBBEAN CRUISES LTD	$62.1B	16.4x	49.6x	42.5%	52.0%	6.9%	N/A	-0.2x	N/A
ABNB	Airbnb Inc.	$77.1B	N/A	15.2x	30.6%	29.4%	38.0%	N/A	-2.6x	N/A
NCLH	Norwegian Cruise Line Hlgs Ltd.	$7.7B	17.7x	-6.4x	19.2%	N/A	N/A	N/A	-0.1x	N/A
BKNG	Booking Holdings Inc.	$168.9B	1.0x	18.8x	41.1%	31.7%	33.8%	N/A	0.2x	N/A
TNL	Travel Leisure Co.	$3.1B	18.9x	16.2x	5.0%	13.2%	13.0%	N/A	7.9x	N/A

Financial Charts

No financial data available for CCL (annual).

1 superinvestors own CCL

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership

Fund	Shares	Value	% Portfolio	QoQ Change
Viking Global Investors Viking Global Investors	13,721,348	$355M	0.99%	0.0%