Carnival Corporation Ltd.

As of August 31, 2026, Carnival Corporation Ltd. carries a market capitalization of 550.26B, placing it among publicly traded companies globally. Its enterprise value stands at 957.16B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Carnival Corporation Ltd.'s next confirmed earnings release is scheduled for December 18, 2026.

As of August 31, 2026, Carnival Corporation Ltd. has 1.35B shares outstanding.

As of August 31, 2026, Carnival Corporation Ltd. trades at a trailing price-to-earnings ratio of 10.38. The price-to-sales ratio is 1.18, and the price-to-book ratio stands at 2.28.

As of August 31, 2026, Carnival Corporation Ltd. trades at an EV/EBITDA multiple of 7.71 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.04 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 12.77 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Carnival Corporation Ltd. trades at an EV/FCF ratio of 12.99, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 957.16B versus a market cap of 550.26B, with the gap driven by net debt and cash on the balance sheet.

As of August 31, 2026, Carnival Corporation Ltd. maintains a current ratio of 0.27, meaning it holds 0.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 177.11, indicating elevated leverage, while an interest coverage ratio of 6.22 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended August 31, 2026, Carnival Corporation Ltd. posted a return on equity (ROE) of 24.02, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 11.04 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.16, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 10.84, useful for judging operating efficiency across full business cycles. The company generates approximately 5.13M in revenue per employee across its workforce of 91,300.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 33.30 indicates how many times Carnival Corporation Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended August 31, 2026, Carnival Corporation Ltd. recorded 543.41M in income tax expense. That works out to an effective tax rate of 1.01, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 53.97B, leaving 53.27B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Carnival Corporation Ltd.'s stock has declined approximately 8.20% over the past 52 weeks. The 50-day moving average sits at 437.12, while the 200-day moving average is 478.94.

Over the twelve months ended August 31, 2026, Carnival Corporation Ltd. generated 468.58B in revenue and converted that into 53.27B in net income, yielding earnings per share of 38.50. EBITDA reached 124.15B, while operating income came in at 74.92B.

As of August 31, 2026, Carnival Corporation Ltd. holds 20.72B in cash and equivalents against 427.29B in total debt, resulting in a net debt position of 385.35B. Total book value stands at 240.94B, with working capital of -153.75B providing operational flexibility.

Carnival Corporation Ltd. produced 115.83B in operating cash flow over the twelve months ended August 31, 2026. After subtracting -61.90B in capital expenditures, free cash flow totaled 53.93B - equivalent to 39.68 per share.

Over the twelve months ended August 31, 2026, Carnival Corporation Ltd. posted a gross margin of 39.47, reflecting its pricing power and cost economics. The operating margin of 15.99 and net profit margin of 11.37 provide insight into operational efficiency.

Over the twelve months ended August 31, 2026, Carnival Corporation Ltd. paid dividends of 7.72 per share. The dividend payout ratio of 19.59 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 9.55, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 11.31, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Carnival Corporation Ltd. shareholders.

Carnival Corporation Ltd.'s most recent stock split took place on June 15, 1998 with a 1:2 split ratio.

As of August 31, 2026, Carnival Corporation Ltd. has an Altman Z-Score of 1.36, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.