Latest period
$3.57B
YoY change
-21.9%
5Y CAGR
-0.0%
Peak year (2019)
$5.43B
Cumulative CapEx
$84.99B
CapEx history chart for Carnival Corporation (CCL) from 1991 to 2025
Latest: $3.61B
CapEx growth chart for Carnival Corporation (CCL) from 1991 to 2025
Latest: -21.9%
CapEx history table for Carnival Corporation (CCL) from 1991 to 2025
| 2025 | $3.61B | -21.9% | −$1.01B | ||
| 2024 | $4.63B | +40.9% | +$1.34B | ||
| 2023 | $3.28B | -33.5% | −$1.66B | ||
| 2022 | $4.94B | +37.0% | +$1.33B | ||
| 2021 | $3.61B | -0.4% | −$13.00M | ||
| 2020 | $3.62B | -33.3% | −$1.81B | ||
| 2019 | $5.43B | +44.8% | +$1.68B | ||
| 2018 | $3.75B | +27.3% | +$805.00M | ||
| 2017 | $2.94B | -3.9% | −$118.00M | ||
| 2016 | $3.06B | +33.5% | +$768.00M | ||
| 2015 | $2.29B | -11.2% | −$289.00M | ||
| 2014 | $2.58B | +20.2% | +$434.00M | ||
| 2013 | $2.15B | -7.8% | −$183.00M | ||
| 2012 | $2.33B | -13.5% | −$364.00M | ||
| 2011 | $2.70B | -24.7% | −$883.00M | ||
| 2010 | $3.58B | +5.9% | +$199.00M | ||
| 2009 | $3.38B | +0.8% | +$27.00M | ||
| 2008 | $3.35B | +1.2% | +$41.00M | ||
| 2007 | $3.31B | +33.5% | +$832.00M | ||
| 2006 | $2.48B | +25.4% | +$503.00M | ||
| 2005 | $1.98B | -44.9% | −$1.61B | ||
| 2004 | $3.59B | +42.5% | +$1.07B | ||
| 2003 | $2.52B | +26.7% | +$529.52M | ||
| 2002 | $1.99B | +140.3% | +$1.16B | ||
| 2001 | $826.57M | -21.6% | −$228.13M | ||
| 2000 | $1.05B | +20.8% | +$181.71M | ||
| 1999 | $872.98M | -24.1% | −$277.43M | ||
| 1998 | $1.15B | +131.2% | +$652.76M | ||
| 1997 | $497.66M | -44.8% | −$404.25M | ||
| 1996 | $901.90M | +86.4% | +$418.00M | ||
| 1995 | $483.90M | -18.6% | −$110.89M | ||
| 1994 | $594.79M | -16.6% | −$118.01M | ||
| 1993 | $712.80M | +490.1% | +$592.00M | ||
| 1992 | $120.80M | +3.5% | +$4.10M | ||
| 1991 | $116.70M | — | — |
- 2025$3.61B-21.9%
- 2024$4.63B+40.9%
- 2023$3.28B-33.5%
- 2022$4.94B+37.0%
- 2021$3.61B-0.4%
- 2020$3.62B-33.3%
- 2019$5.43B+44.8%
- 2018$3.75B+27.3%
- 2017$2.94B-3.9%
- 2016$3.06B+33.5%
- 2015$2.29B-11.2%
- 2014$2.58B+20.2%
- 2013$2.15B-7.8%
- 2012$2.33B-13.5%
- 2011$2.70B-24.7%
- 2010$3.58B+5.9%
- 2009$3.38B+0.8%
- 2008$3.35B+1.2%
- 2007$3.31B+33.5%
- 2006$2.48B+25.4%
- 2005$1.98B-44.9%
- 2004$3.59B+42.5%
- 2003$2.52B+26.7%
- 2002$1.99B+140.3%
- 2001$826.57M-21.6%
- 2000$1.05B+20.8%
- 1999$872.98M-24.1%
- 1998$1.15B+131.2%
- 1997$497.66M-44.8%
- 1996$901.90M+86.4%
- 1995$483.90M-18.6%
- 1994$594.79M-16.6%
- 1993$712.80M+490.1%
- 1992$120.80M+3.5%
- 1991$116.70M—
CapEx values are taken from Carnival Corporation's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Carnival Corporation (CCL)
According to Carnival Corporation's latest reported financial statements, the company's current CapEx (TTM) is $3.57B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Carnival Corporation (CCL) CapEx totalled $3.61B – declined 21.9% year-over-year.
Carnival Corporation CapEx has contracted on net over the period, with a -0.0% compound annual growth rate over 2020–2025 (5 years).
Carnival Corporation CapEx peaked at $5.43B in 2019; the latest annual figure is $3.61B in 2025 (33.5% below peak).
2019 marks the peak CapEx at $5.43B, with the historical low of $116.70M recorded in 1991.
Carnival Corporation Capital Expenditures by Year
Carnival Corporation Capital Expenditures 2025: $3.61B
Carnival Corporation CapEx in 2025 was $3.61B, declined 21.9% below 2024.
Carnival Corporation Capital Expenditures 2024: $4.63B
2024's CapEx for Carnival Corporation came in at $4.63B, surged 40.9% from 2023.
Carnival Corporation Capital Expenditures 2023: $3.28B
Carnival Corporation posted CapEx of $3.28B in 2023, plunged 33.5% below 2022.
Carnival Corporation Capital Expenditures 2022: $4.94B
In 2022, Carnival Corporation reported CapEx of $4.94B, surged 37.0% from 2021.
Carnival Corporation Capital Expenditures 2021: $3.61B
Carnival Corporation CapEx in 2021 was $3.61B.
See more financial history for Carnival Corporation (CCL).
Sector peers by CapEx
Consumer Cyclical peers of Carnival Corporation (CCL), ranked by their latest CapEx
| $131.82B | |
| $18.33B | |
| $8.53B | |
| $3.68B | |
| $3.37B | |
| $2.21B | |
| $1.96B | |
| $322.00M |
- $131.82B
- $18.33B
- $8.53B
- $3.68B
- $3.37B
- $2.21B
- $1.96B
- $322.00M
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