TTM
$4.55B
YoY change
+25.4%
5Y CAGR
—
Peak year (2025)
$4.48B
Cumulative operating income
$40.08B
Operating Income history chart for Carnival Corporation (CCL) from 1986 to 2025
Latest: $4.48B
Operating Income growth chart for Carnival Corporation (CCL) from 1986 to 2025
Latest: +25.4%
Operating Income history table for Carnival Corporation (CCL) from 1986 to 2025
| 2025 | $4.48B | +25.4% | +$909.00M | ||
| 2024 | $3.57B | +82.7% | +$1.62B | ||
| 2023 | $1.96B | -144.7% | +$6.33B | ||
| 2022 | −$4.38B | -38.2% | +$2.71B | ||
| 2021 | −$7.09B | -20.0% | +$1.78B | ||
| 2020 | −$8.87B | -370.6% | −$12.14B | ||
| 2019 | $3.28B | -1.5% | −$49.00M | ||
| 2018 | $3.33B | +18.4% | +$516.00M | ||
| 2017 | $2.81B | -8.5% | −$262.00M | ||
| 2016 | $3.07B | +19.3% | +$497.00M | ||
| 2015 | $2.57B | +45.3% | +$802.00M | ||
| 2014 | $1.77B | +33.3% | +$443.00M | ||
| 2013 | $1.33B | -19.1% | −$313.00M | ||
| 2012 | $1.64B | -27.2% | −$613.00M | ||
| 2011 | $2.25B | -3.9% | −$92.00M | ||
| 2010 | $2.35B | +9.0% | +$193.00M | ||
| 2009 | $2.15B | -21.1% | −$575.00M | ||
| 2008 | $2.73B | +0.1% | +$4.00M | ||
| 2007 | $2.73B | +4.3% | +$112.00M | ||
| 2006 | $2.61B | -1.0% | −$26.00M | ||
| 2005 | $2.64B | +21.4% | +$466.00M | ||
| 2004 | $2.17B | +57.9% | +$797.00M | ||
| 2003 | $1.38B | +32.7% | +$339.00M | ||
| 2002 | $1.04B | +16.3% | +$145.00M | ||
| 2001 | $892.00M | -9.3% | −$91.00M | ||
| 2000 | $983.00M | -3.6% | −$37.00M | ||
| 1999 | $1.02B | +13.8% | +$123.48M | ||
| 1998 | $896.52M | +25.6% | +$182.45M | ||
| 1997 | $714.07M | +19.5% | +$116.64M | ||
| 1996 | $597.43M | +21.9% | +$107.39M | ||
| 1995 | $490.04M | +10.5% | +$46.36M | ||
| 1994 | $443.67M | +27.6% | +$95.97M | ||
| 1993 | $347.70M | +7.0% | +$22.80M | ||
| 1992 | $324.90M | +2.8% | +$9.00M | ||
| 1991 | $315.90M | +17.2% | +$46.40M | ||
| 1990 | $269.50M | +11.9% | +$28.70M | ||
| 1989 | $240.80M | +52.4% | +$82.80M | ||
| 1988 | $158.00M | +3.9% | +$5.90M | ||
| 1987 | $152.10M | +50.3% | +$50.90M | ||
| 1986 | $101.20M | — | — |
- 2025$4.48B+25.4%
- 2024$3.57B+82.7%
- 2023$1.96B-144.7%
- 2022−$4.38B-38.2%
- 2021−$7.09B-20.0%
- 2020−$8.87B-370.6%
- 2019$3.28B-1.5%
- 2018$3.33B+18.4%
- 2017$2.81B-8.5%
- 2016$3.07B+19.3%
- 2015$2.57B+45.3%
- 2014$1.77B+33.3%
- 2013$1.33B-19.1%
- 2012$1.64B-27.2%
- 2011$2.25B-3.9%
- 2010$2.35B+9.0%
- 2009$2.15B-21.1%
- 2008$2.73B+0.1%
- 2007$2.73B+4.3%
- 2006$2.61B-1.0%
- 2005$2.64B+21.4%
- 2004$2.17B+57.9%
- 2003$1.38B+32.7%
- 2002$1.04B+16.3%
- 2001$892.00M-9.3%
- 2000$983.00M-3.6%
- 1999$1.02B+13.8%
- 1998$896.52M+25.6%
- 1997$714.07M+19.5%
- 1996$597.43M+21.9%
- 1995$490.04M+10.5%
- 1994$443.67M+27.6%
- 1993$347.70M+7.0%
- 1992$324.90M+2.8%
- 1991$315.90M+17.2%
- 1990$269.50M+11.9%
- 1989$240.80M+52.4%
- 1988$158.00M+3.9%
- 1987$152.10M+50.3%
- 1986$101.20M—
Operating Income 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 Operating Income at Carnival Corporation (CCL)
According to Carnival Corporation's latest reported financial statements, the company's current operating income (TTM) is $4.55B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
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) operating income totalled $4.48B – grew 25.4% year-over-year.
Carnival Corporation operating income compound annual growth for the 2015–2025 (10 years) window is +5.7%, sustaining 5 straight years of year-over-year growth.
The record annual operating income stands at $4.48B, reached in 2025; the historical low of −$8.87B was recorded in 2020.
Carnival Corporation Operating Income by Year
Carnival Corporation Operating Income 2025: $4.48B
Carnival Corporation operating income in 2025 was $4.48B, grew 25.4% from 2024. This figure represents the highest annual value in the available history.
Carnival Corporation Operating Income 2024: $3.57B
2024's operating income for Carnival Corporation came in at $3.57B, surged 82.7% from 2023.
Carnival Corporation Operating Income 2023: $1.96B
Carnival Corporation posted operating income of $1.96B in 2023, plunged 144.7% below 2022.
Carnival Corporation Operating Income 2022: −$4.38B
In 2022, Carnival Corporation reported operating income of −$4.38B, plunged 38.2% below 2021.
Carnival Corporation Operating Income 2021: −$7.09B
Carnival Corporation operating income in 2021 was −$7.09B.
See more financial history for Carnival Corporation (CCL).
Sector peers by Operating Income
Consumer Cyclical peers of Carnival Corporation (CCL), ranked by their latest operating income
| $79.97B | |
| $20.89B | |
| $12.39B | |
| $10.15B | |
| $9.28B | |
| $8.62B | |
| $7.18B | |
| $4.36B |
- $79.97B
- $20.89B
- $12.39B
- $10.15B
- $9.28B
- $8.62B
- $7.18B
- $4.36B
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