Carnival Corporation Ltd.

As of May 31, 2026, Carnival Corporation Ltd. carries a market capitalization of 33.82B, placing it among publicly traded companies globally. Its enterprise value stands at 54.36B, 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 May 31, 2026, Carnival Corporation Ltd. has 1.40B shares outstanding.

As of May 31, 2026, Carnival Corporation Ltd. trades at a trailing price-to-earnings ratio of 12.61. The price-to-sales ratio is 1.42, and the price-to-book ratio stands at 3.04.

As of May 31, 2026, Carnival Corporation Ltd. trades at an EV/EBITDA multiple of 8.65 - 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 2.32 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 14.20 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 14.40, 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 54.36B versus a market cap of 33.82B, with the gap driven by net debt and cash on the balance sheet.

As of May 31, 2026, Carnival Corporation Ltd. maintains a current ratio of 0.33, meaning it holds 0.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 201.57, indicating elevated leverage, while an interest coverage ratio of 6.07 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended May 31, 2026, Carnival Corporation Ltd. posted a return on equity (ROE) of 26.72, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 11.39 - 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 5.94, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 10.96, useful for judging operating efficiency across full business cycles. The company generates approximately 256,597.76 in revenue per employee across its workforce of 91,300.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 32.02 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 May 31, 2026, Carnival Corporation Ltd. recorded 18.87M in income tax expense. That works out to an effective tax rate of 0.71, 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 2.66B, leaving 2.63B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

These figures are as of the close on August 6, 2026.

Over the twelve months ended May 31, 2026, Carnival Corporation Ltd. generated 23.43B in revenue and converted that into 2.63B in net income, yielding earnings per share of 1.85. EBITDA reached 6.29B, while operating income came in at 3.83B.

As of May 31, 2026, Carnival Corporation Ltd. holds 1.92B in cash and equivalents against 22.45B in total debt, resulting in a net debt position of 19.43B. Total book value stands at 11.12B, with working capital of -7.67B providing operational flexibility.

Carnival Corporation Ltd. produced 5.83B in operating cash flow over the twelve months ended May 31, 2026. After subtracting -3.08B in capital expenditures, free cash flow totaled 2.74B - equivalent to 2.00 per share.

Over the twelve months ended May 31, 2026, Carnival Corporation Ltd. posted a gross margin of 39.74, reflecting its pricing power and cost economics. The operating margin of 16.35 and net profit margin of 11.24 provide insight into operational efficiency.

Over the twelve months ended May 31, 2026, Carnival Corporation Ltd. paid dividends of 0.26 per share. The dividend payout ratio of 13.44 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 7.98, 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 7.82, 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 May 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.