Total Debt for Carnival Corporation (CCL)
According to Carnival Corporation's latest reported financial statements, the company's latest reported total debt is $26.61B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$26.61B
YoY change
-3.1%
5Y CAGR
-0.3%
Peak year (2022)
$35.88B
Latest annual
$27.99B
Total Debt history chart for Carnival Corporation (CCL) from 1986 to 2025
Total Debt history table for Carnival Corporation (CCL) from 1986 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $27.99B | -3.1% | ||
| 2024 | $28.88B | -9.5% | ||
| 2023 | $31.89B | -11.1% | ||
| 2022 | $35.88B | +3.7% | ||
| 2021 | $34.61B | +21.9% | ||
| 2020 | $28.38B | +146.7% | ||
| 2019 | $11.50B | +11.4% | ||
| 2018 | $10.32B | +12.3% | ||
| 2017 | $9.20B | -2.2% | ||
| 2016 | $9.40B | +7.0% | ||
| 2015 | $8.79B | -3.3% | ||
| 2014 | $9.09B | -4.9% | ||
| 2013 | $9.56B | +7.4% | ||
| 2012 | $8.90B | -4.8% | ||
| 2011 | $9.35B | -0.1% | ||
| 2010 | $9.36B | -6.8% | ||
| 2009 | $10.05B | +7.5% | ||
| 2008 | $9.34B | +5.5% | ||
| 2007 | $8.85B | +12.8% | ||
| 2006 | $7.85B | +6.7% | ||
| 2005 | $7.35B | -7.6% | ||
| 2004 | $7.95B | +7.4% | ||
| 2003 | $7.40B | +133.6% | ||
| 2002 | $3.17B | +6.4% | ||
| 2001 | $2.98B | +26.8% | ||
| 2000 | $2.35B | +118.5% | ||
| 1999 | $1.07B | -52.7% | ||
| 1998 | $2.27B | +111.1% | ||
| 1997 | $1.07B | -22.3% | ||
| 1996 | $1.38B | +13.1% | ||
| 1995 | $1.22B | -1.9% | ||
| 1994 | $1.25B | +11.0% | ||
| 1993 | $1.12B | +28.4% | ||
| 1992 | $874.50M | -20.5% | ||
| 1991 | $1.10B | -14.6% | ||
| 1990 | $1.29B | +28.4% | ||
| 1989 | $1.00B | +1013.2% | ||
| 1988 | $90.10M | -13.4% | ||
| 1987 | $104.00M | -52.5% | ||
| 1986 | $218.90M | — |
Total Debt values are taken from Carnival Corporation's reported balance sheets (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) total debt totalled $27.99B – edged down 3.1% year-over-year.
Over 2020–2025 (5 years), Carnival Corporation total debt expanded at a -0.3% compound annual rate, with a net decline across the window.
2022 marks the peak total debt at $35.88B, with the historical low of $90.10M recorded in 1988.
Within Consumer Cyclical, Carnival Corporation (CCL) ranks 5th among 8 peers we track. The peer median for total debt is $37.05B.
Carnival Corporation Total Debt by Year
Carnival Corporation Total Debt 2025: $27.99B
Carnival Corporation total debt in 2025 was $27.99B, edged down 3.1% below 2024.
Carnival Corporation Total Debt 2024: $28.88B
Carnival Corporation total debt in 2024 was $28.88B, declined 9.5% below 2023.
Carnival Corporation Total Debt 2023: $31.89B
Carnival Corporation total debt in 2023 was $31.89B, declined 11.1% below 2022.
Carnival Corporation Total Debt 2022: $35.88B
Carnival Corporation total debt in 2022 was $35.88B, edged up 3.7% from 2021. This figure represents the highest annual value in the available history.
Carnival Corporation Total Debt 2021: $34.61B
Carnival Corporation total debt in 2021 was $34.61B.
See more financial history for Carnival Corporation (CCL).
Sector peers — Total Debt
Companies in the same sector as Carnival Corporation, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $248.49B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $152.99B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $65.35B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $54.81B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $19.29B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $13.49B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.38B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $5.38B | Consumer Cyclical |
Frequently asked questions
What is Carnival Corporation's total debt?
- Latest reported total debt for Carnival Corporation (CCL) is $26.61B (period ending February 28, 2026).
How has Carnival Corporation total debt changed year-over-year?
- Carnival Corporation (CCL) total debt changed -3.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Carnival Corporation total debt?
- Carnival Corporation (CCL) total debt compound annual growth rate is -0.3% over the most recent 5 years available.
When did Carnival Corporation total debt hit its highest annual value?
- Carnival Corporation total debt reached its highest annual value of $35.88B in 2022.
What was Carnival Corporation total debt in 2024?
- Carnival Corporation (CCL) total debt in 2024 was $28.88B.
What was Carnival Corporation total debt in 2025?
- Carnival Corporation (CCL) total debt in 2025 was $27.99B.
Metrics overview
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