Buyback yield (TTM)
N/A
Shareholder yield (TTM)
0.48%
5Y share count change
80.9%
Buyback spend (TTM)
N/A
Cumulative buybacks
$9.43B
Key takeaways
- Diluted share count is up 80.9% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- Cash buyback spend has compounded at -100.0% per year over the latest 5-year window.
- TTM repurchases used about 0% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Carnival Corporation (CCL)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Carnival Corporation (CCL)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Carnival Corporation (CCL)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Carnival Corporation (CCL)
Latest: $0.00
Overview
2025's annual buyback spend for Carnival Corporation (CCL) came in at $0.00.
Looking at the 2020–2025 (5 years) stretch, Carnival Corporation buyback spend compounded at -100.0% per year, with a net decline across the window.
Carnival Corporation buyback spend plunged from $2.34B in 2016 to $0.00 in 2025, a 100.0% drawdown.
The highest annual buyback spend of $2.34B was reported in 2016. The lowest in the available history was $0.00 in 1991.
Carnival Corporation Buyback Spend 2025: $0.00
Carnival Corporation buyback spend in 2025 was $0.00.
Carnival Corporation Buyback Spend 2024: $0.00
Carnival Corporation buyback spend in 2024 was $0.00.
Carnival Corporation Buyback Spend 2023: $0.00
Carnival Corporation buyback spend in 2023 was $0.00.
Carnival Corporation Buyback Spend 2022: $0.00
Carnival Corporation posted buyback spend of $0.00 in 2022, plunged 100.0% below 2021.
Carnival Corporation Buyback Spend 2021: $188.00M
Carnival Corporation buyback spend in 2021 was $188.00M.
See more financial history for Carnival Corporation (CCL).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $0.00 | $98.00M | −$98.00M | — | 1.40B | +0.3% | |
| 2024 | $0.00 | $62.00M | −$62.00M | — | 1.40B | +10.8% | |
| 2023 | $0.00 | $53.00M | −$53.00M | — | 1.26B | +6.9% | |
| 2022 | $0.00 | $101.00M | −$101.00M | — | 1.18B | +5.1% | |
| 2021 | $188.00M | $121.00M | $67.00M | 0.94% | 1.12B | +44.9% | |
| 2020 | $12.00M | $105.00M | −$93.00M | 0.08% | 0.78B | +12.0% | |
| 2019 | $603.00M | $46.00M | $557.00M | 1.95% | 0.69B | -2.5% | |
| 2018 | $1.47B | $65.00M | $1.40B | 3.49% | 0.71B | -2.1% | |
| 2017 | $552.00M | $63.00M | $489.00M | 1.17% | 0.72B | -2.9% | |
| 2016 | $2.34B | $55.00M | $2.29B | 6.26% | 0.75B | -4.1% | |
| 2015 | $533.00M | $55.00M | $478.00M | 1.36% | 0.78B | +0.1% | |
| 2014 | $0.00 | $52.00M | −$52.00M | — | 0.78B | +0.1% | |
| 2013 | $138.00M | $42.00M | $96.00M | 0.49% | 0.78B | -0.3% | |
| 2012 | $90.00M | $39.00M | $51.00M | 0.30% | 0.78B | -1.3% | |
| 2011 | $454.00M | $46.00M | $408.00M | 1.76% | 0.79B | -2.0% | |
| 2010 | $524.00M | $43.00M | $481.00M | 1.61% | 0.81B | +0.1% | |
| 2009 | $188.00M | $50.00M | $138.00M | 0.75% | 0.80B | -1.5% | |
| 2008 | $83.00M | $50.00M | $33.00M | 0.54% | 0.82B | -1.4% | |
| 2007 | $326.00M | $64.00M | $262.00M | 0.91% | 0.83B | +0.6% | |
| 2006 | $841.00M | $0.00 | $841.00M | 2.15% | 0.82B | -1.4% | |
| 2005 | $386.00M | $0.00 | $386.00M | 0.88% | 0.83B | +0.8% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.83B | +13.0% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.73B | +21.2% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.60B | +2.5% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.59B | -2.2% | |
| 2000 | $705.14M | $0.00 | $705.14M | — | 0.60B | -2.5% | |
| 1999 | $25.00K | $0.00 | $25.00K | — | 0.62B | +3.6% | |
| 1998 | $1.00K | $0.00 | $1.00K | — | 0.60B | +2.9% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.58B | 0.0% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.58B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$0.00
- 2024$0.00
- 2023$0.00
- 2022$0.00
- 2021$188.00M
- 2020$12.00M
- 2019$603.00M
- 2018$1.47B
- 2017$552.00M
- 2016$2.34B
- 2015$533.00M
- 2014$0.00
- 2013$138.00M
- 2012$90.00M
- 2011$454.00M
- 2010$524.00M
- 2009$188.00M
- 2008$83.00M
- 2007$326.00M
- 2006$841.00M
- 2005$386.00M
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$705.14M
- 1999$25.00K
- 1998$1.00K
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
Buybacks vs stock-based compensation for Carnival Corporation (CCL)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.00×.
Buybacks vs dividends (share of cash returned) for Carnival Corporation (CCL)
How Carnival Corporation splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Carnival Corporation, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.78B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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