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Carnival Corporation (CCL) Cash Flow Waterfall

Trace Carnival Corporation's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$6.56B

Capex

−$3.57B

Free Cash Flow

$2.99B

FCF Margin

+45.5%

Cash flow waterfall for Carnival Corporation (CCL) — TTM through Q1 2026

Free cash flow: $2.99B

Cash flow breakdown for Carnival Corporation (CCL) — TTM through Q1 2026

  • Operating Cash Flow$6.56B
  • Capital Expenditure−$3.57B
  • Free Cash Flow$2.99B
  • Other Investing$257.00M
  • Dividends Paid−$208.00M
  • Net Debt Change−$2.38B
  • Other Financing & FX−$55.00M
  • Net Cash Increase$600.00M
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