EBITDA for Carnival Corporation (CCL)
According to Carnival Corporation's latest reported financial statements, the company's current EBITDA (TTM) is $7.23B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$7.23B
YoY change
+11.0%
5Y CAGR
N/A
Peak year (2025)
$6.91B
Cumulative EBITDA
$78.30B
EBITDA history chart for Carnival Corporation (CCL) from 1986 to 2025
EBITDA history table for Carnival Corporation (CCL) from 1986 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $6.91B | +11.0% | ||
| 2024 | $6.23B | +42.4% | ||
| 2023 | $4.37B | -299.2% | ||
| 2022 | -$2.20B | -61.4% | ||
| 2021 | -$5.69B | -20.1% | ||
| 2020 | -$7.12B | -231.2% | ||
| 2019 | $5.43B | +0.1% | ||
| 2018 | $5.42B | +15.0% | ||
| 2017 | $4.71B | -1.6% | ||
| 2016 | $4.79B | +31.5% | ||
| 2015 | $3.64B | +15.6% | ||
| 2014 | $3.15B | +6.5% | ||
| 2013 | $2.96B | -6.5% | ||
| 2012 | $3.17B | -16.7% | ||
| 2011 | $3.80B | +0.7% | ||
| 2010 | $3.77B | +8.0% | ||
| 2009 | $3.50B | -13.5% | ||
| 2008 | $4.04B | +3.8% | ||
| 2007 | $3.89B | +8.1% | ||
| 2006 | $3.60B | +1.7% | ||
| 2005 | $3.54B | +18.6% | ||
| 2004 | $2.98B | -55.6% | ||
| 2003 | $6.72B | -858.2% | ||
| 2002 | -$886.00M | -17.8% | ||
| 2001 | -$1.08B | -184.8% | ||
| 2000 | $1.27B | +0.6% | ||
| 1999 | $1.26B | +23.8% | ||
| 1998 | $1.02B | +23.2% | ||
| 1997 | $828.27M | +18.9% | ||
| 1996 | $696.45M | +12.6% | ||
| 1995 | $618.47M | +11.6% | ||
| 1994 | $554.27M | +25.7% | ||
| 1993 | $441.00M | +6.6% | ||
| 1992 | $413.70M | +3.1% | ||
| 1991 | $401.10M | +11.6% | ||
| 1990 | $359.40M | +16.9% | ||
| 1989 | $307.50M | +65.8% | ||
| 1988 | $185.50M | +5.0% | ||
| 1987 | $176.60M | +49.9% | ||
| 1986 | $117.80M | — |
EBITDA values are taken from Carnival Corporation's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for Carnival Corporation (CCL) came in at $6.91B – grew 11.0% year-over-year.
Carnival Corporation EBITDA compound annual growth for the 2015–2025 (10 years) window is +6.6%, sustaining 5 straight years of year-over-year growth.
$6.91B stands as the all-time-high annual EBITDA, posted in 2025, against a low of -$7.12B during 2020.
Within Consumer Cyclical, Carnival Corporation (CCL) ranks 9th among 8 peers we track. The peer median for EBITDA is $19.46B.
Carnival Corporation EBITDA by Year
Carnival Corporation EBITDA 2025: $6.91B
Carnival Corporation EBITDA in 2025 was $6.91B, grew 11.0% from 2024. This figure represents the highest annual value in the available history.
Carnival Corporation EBITDA 2024: $6.23B
Carnival Corporation EBITDA in 2024 was $6.23B, surged 42.4% from 2023.
Carnival Corporation EBITDA 2023: $4.37B
Carnival Corporation EBITDA in 2023 was $4.37B, plunged 299.2% below 2022.
Carnival Corporation EBITDA 2022: -$2.20B
Carnival Corporation EBITDA in 2022 was -$2.20B, plunged 61.4% below 2021.
Carnival Corporation EBITDA 2021: -$5.69B
Carnival Corporation EBITDA in 2021 was -$5.69B.
See more financial history for Carnival Corporation (CCL).
Sector peers — EBITDA
Companies in the same sector as Carnival Corporation, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Alibaba (BABA) | $182.67B | Consumer Cyclical |
| Amazon (AMZN) | $165.34B | Consumer Cyclical |
| PDD Holdings (PDD) | $92.05B | Consumer Cyclical |
| Home Depot (HD) | $24.29B | Consumer Cyclical |
| McDonald's (MCD) | $14.64B | Consumer Cyclical |
| Tesla (TSLA) | $11.76B | Consumer Cyclical |
| Booking Holdings (BKNG) | $9.22B | Consumer Cyclical |
| TJX Companies (TJX) | $8.55B | Consumer Cyclical |
Frequently asked questions
What is Carnival Corporation's EBITDA?
Latest reported EBITDA for Carnival Corporation (CCL) is $7.23B (period ending February 28, 2026).
How has Carnival Corporation EBITDA changed year-over-year?
Carnival Corporation (CCL) EBITDA changed +11.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Carnival Corporation EBITDA?
Carnival Corporation (CCL) EBITDA compound annual growth rate is +6.6% over the most recent 10 years available.
When did Carnival Corporation EBITDA hit its highest annual value?
Carnival Corporation EBITDA reached its highest annual value of $6.91B in 2025.
What was Carnival Corporation EBITDA in 2024?
Carnival Corporation (CCL) EBITDA in 2024 was $6.23B.
What was Carnival Corporation EBITDA in 2025?
Carnival Corporation (CCL) EBITDA in 2025 was $6.91B.
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