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EBITDA Margin for Carnival Corporation (CCL)

As of · Reported

Metric

TTM

26.8%

YoY change

+1.07pp

Trough year (2021)

-298.1%

Peak year (2003)

100.0%

EBITDA Margin history chart for Carnival Corporation (CCL) from 1986 to 2025

Latest: 26.0%

EBITDA Margin change chart for Carnival Corporation (CCL) from 1986 to 2025

Latest: +1.07pp

EBITDA Margin history table for Carnival Corporation (CCL) from 1986 to 2025

  • 202526.0%+1.07pp
  • 202424.9%+4.63pp
  • 202320.3%+38.30pp
  • 2022-18.0%+280.07pp
  • 2021-298.1%-170.89pp
  • 2020-127.2%-153.28pp
  • 201926.1%-2.64pp
  • 201828.7%+1.80pp
  • 201726.9%-2.32pp
  • 201629.2%+6.04pp
  • 201523.2%+3.35pp
  • 201419.8%+0.69pp
  • 201319.1%-1.44pp
  • 201220.6%-3.48pp
  • 201124.1%-2.02pp
  • 201026.1%+0.11pp
  • 200926.0%-1.06pp
  • 200827.0%-2.83pp
  • 200729.9%-0.55pp
  • 200630.4%-1.50pp
  • 200531.9%+1.23pp
  • 200430.7%-69.31pp
  • 2003100.0%+120.21pp
  • 2002-20.2%+3.48pp
  • 2001-23.7%-57.22pp
  • 200033.5%-2.50pp
  • 199936.0%+2.10pp
  • 199833.9%+0.07pp
  • 199733.8%+2.36pp
  • 199631.5%+0.52pp
  • 199531.0%+0.26pp
  • 199430.7%+2.36pp
  • 199328.3%+0.25pp
  • 199228.1%-0.48pp
  • 199128.6%+2.72pp
  • 199025.8%-0.96pp
  • 198926.8%-4.14pp
  • 198830.9%-0.37pp
  • 198731.3%+3.31pp
  • 198628.0%—

EBITDA Margin values are taken from Carnival Corporation's reported income 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 EBITDA Margin at Carnival Corporation (CCL)

According to Carnival Corporation's latest reported financial statements, the company's latest reported EBITDA margin is 26.8%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual EBITDA margin for Carnival Corporation (CCL) came in at 25.96% – expanded 1.1 percentage points year-over-year.

The record annual EBITDA margin stands at 100.00%, reached in 2003; the historical low of -298.11% was recorded in 2021.

Carnival Corporation EBITDA Margin by Year

Carnival Corporation EBITDA Margin 2025: 26.0%

In 2025, Carnival Corporation reported EBITDA margin of 25.96%, expanded 1.1 percentage points from 2024.

Carnival Corporation EBITDA Margin 2024: 24.9%

Carnival Corporation EBITDA margin in 2024 was 24.89%, expanded 4.6 percentage points from 2023.

Carnival Corporation EBITDA Margin 2023: 20.3%

2023's EBITDA margin for Carnival Corporation came in at 20.26%, expanded 38.3 percentage points from 2022.

Carnival Corporation EBITDA Margin 2022: -18.0%

Carnival Corporation posted EBITDA margin of -18.05% in 2022, expanded 280.1 percentage points from 2021.

Carnival Corporation EBITDA Margin 2021: -298.1%

Carnival Corporation EBITDA margin in 2021 was -298.11%.

See more financial history for Carnival Corporation (CCL).

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