Operating Income for Carnival Corporation (CCL)
According to Carnival Corporation's latest reported financial statements, the company's current operating income (TTM) is $4.55B USD. 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 .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$4.55B
YoY change
+25.4%
5Y CAGR
N/A
Peak year (2025)
$4.48B
Cumulative operating income
$39.47B
Operating Income history chart for Carnival Corporation (CCL) from 1986 to 2025
Operating Income history table for Carnival Corporation (CCL) from 1986 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 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 (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
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 dataset's maximum operating income sits at $4.48B (2025); the minimum reading of -$8.87B dates to 2020.
Among 8 Consumer Cyclical peers, Carnival Corporation (CCL) ranks 8th; the peer median for operating income is $16.64B.
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
Carnival Corporation operating income in 2024 was $3.57B, surged 82.7% from 2023.
Carnival Corporation Operating Income 2023: $1.96B
Carnival Corporation operating income in 2023 was $1.96B, plunged 144.7% below 2022.
Carnival Corporation Operating Income 2022: -$4.38B
Carnival Corporation operating income in 2022 was -$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 — Operating Income
Companies in the same sector as Carnival Corporation, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Carnival Corporation's operating income?
- Latest reported operating income for Carnival Corporation (CCL) is $4.55B (period ending February 28, 2026).
How has Carnival Corporation operating income changed year-over-year?
- Carnival Corporation (CCL) operating income changed +25.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Carnival Corporation operating income?
- Carnival Corporation (CCL) operating income compound annual growth rate is +5.7% over the most recent 10 years available.
When did Carnival Corporation operating income hit its highest annual value?
- Carnival Corporation operating income reached its highest annual value of $4.48B in 2025.
What was Carnival Corporation operating income in 2024?
- Carnival Corporation (CCL) operating income in 2024 was $3.57B.
What was Carnival Corporation operating income in 2025?
- Carnival Corporation (CCL) operating income in 2025 was $4.48B.
Metrics overview
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