TTM
37.5%
YoY change
−7.88pp
Trough year (2021)
-144.0%
Peak year (2002)
46.8%
Latest annual
29.6%
Gross Margin history chart for Carnival Corporation (CCL) from 1986 to 2025
Latest: 29.6%
Gross Margin change chart for Carnival Corporation (CCL) from 1986 to 2025
Latest: −7.88pp
Gross Margin history table for Carnival Corporation (CCL) from 1986 to 2025
| 2025 | 29.6% | -7.88pp | ||
| 2024 | 37.5% | +3.80pp | ||
| 2023 | 33.7% | +30.31pp | ||
| 2022 | 3.4% | +147.36pp | ||
| 2021 | -144.0% | -96.58pp | ||
| 2020 | -47.4% | -85.40pp | ||
| 2019 | 38.0% | -3.25pp | ||
| 2018 | 41.3% | +1.24pp | ||
| 2017 | 40.0% | -2.72pp | ||
| 2016 | 42.7% | +2.87pp | ||
| 2015 | 39.9% | +5.49pp | ||
| 2014 | 34.4% | +3.27pp | ||
| 2013 | 31.1% | -1.78pp | ||
| 2012 | 32.9% | -1.88pp | ||
| 2011 | 34.8% | -2.37pp | ||
| 2010 | 37.2% | -0.38pp | ||
| 2009 | 37.5% | +0.03pp | ||
| 2008 | 37.5% | -3.96pp | ||
| 2007 | 41.5% | -1.17pp | ||
| 2006 | 42.6% | -1.31pp | ||
| 2005 | 44.0% | +0.05pp | ||
| 2004 | 43.9% | +0.73pp | ||
| 2003 | 43.2% | -3.67pp | ||
| 2002 | 46.8% | +1.40pp | ||
| 2001 | 45.4% | +19.51pp | ||
| 2000 | 25.9% | -3.14pp | ||
| 1999 | 29.1% | -17.12pp | ||
| 1998 | 46.2% | +0.23pp | ||
| 1997 | 46.0% | +2.06pp | ||
| 1996 | 43.9% | +0.51pp | ||
| 1995 | 43.4% | +0.34pp | ||
| 1994 | 43.1% | +1.37pp | ||
| 1993 | 41.7% | +0.43pp | ||
| 1992 | 41.3% | -1.06pp | ||
| 1991 | 42.3% | +0.90pp | ||
| 1990 | 41.4% | -1.09pp | ||
| 1989 | 42.5% | -2.99pp | ||
| 1988 | 45.5% | -0.42pp | ||
| 1987 | 45.9% | +1.17pp | ||
| 1986 | 44.7% | — |
- 202529.6%-7.88pp
- 202437.5%+3.80pp
- 202333.7%+30.31pp
- 20223.4%+147.36pp
- 2021-144.0%-96.58pp
- 2020-47.4%-85.40pp
- 201938.0%-3.25pp
- 201841.3%+1.24pp
- 201740.0%-2.72pp
- 201642.7%+2.87pp
- 201539.9%+5.49pp
- 201434.4%+3.27pp
- 201331.1%-1.78pp
- 201232.9%-1.88pp
- 201134.8%-2.37pp
- 201037.2%-0.38pp
- 200937.5%+0.03pp
- 200837.5%-3.96pp
- 200741.5%-1.17pp
- 200642.6%-1.31pp
- 200544.0%+0.05pp
- 200443.9%+0.73pp
- 200343.2%-3.67pp
- 200246.8%+1.40pp
- 200145.4%+19.51pp
- 200025.9%-3.14pp
- 199929.1%-17.12pp
- 199846.2%+0.23pp
- 199746.0%+2.06pp
- 199643.9%+0.51pp
- 199543.4%+0.34pp
- 199443.1%+1.37pp
- 199341.7%+0.43pp
- 199241.3%-1.06pp
- 199142.3%+0.90pp
- 199041.4%-1.09pp
- 198942.5%-2.99pp
- 198845.5%-0.42pp
- 198745.9%+1.17pp
- 198644.7%—
Gross 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 Gross Margin at Carnival Corporation (CCL)
According to Carnival Corporation's latest reported financial statements, the company's latest reported gross margin is 37.5%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Carnival Corporation (CCL) gross margin is 29.62% – contracted 7.9 percentage points year-over-year.
46.84% stands as the all-time-high annual gross margin, posted in 2002, against a low of -143.97% during 2021.
Carnival Corporation Gross Margin by Year
Carnival Corporation Gross Margin 2025: 29.6%
Carnival Corporation posted gross margin of 29.62% in 2025, contracted 7.9 percentage points from 2024.
Carnival Corporation Gross Margin 2024: 37.5%
In 2024, Carnival Corporation reported gross margin of 37.50%, expanded 3.8 percentage points from 2023.
Carnival Corporation Gross Margin 2023: 33.7%
Carnival Corporation gross margin in 2023 was 33.70%, expanded 30.3 percentage points from 2022.
Carnival Corporation Gross Margin 2022: 3.4%
2022's gross margin for Carnival Corporation came in at 3.39%, expanded 147.4 percentage points from 2021.
Carnival Corporation Gross Margin 2021: -144.0%
Carnival Corporation gross margin in 2021 was -143.97%.
See more financial history for Carnival Corporation (CCL).
Sector peers by Gross Margin
Consumer Cyclical peers of Carnival Corporation (CCL), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
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