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Stocks/Consumer Discretionary/Hotels, Resorts & Cruise Lines

CarnivalCCL

Hotels, Resorts & Cruise Lines · Miami, Florida · In the S&P 500
Solid businessCheaper than peers
$28.83−0.03%After hours: $28.75 (−0.28%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 3.4% over 1 year
Carnival over 1 yearDaily close, $, to 30 Oct 2026
$25$30Nov2026MarMayJulSep$28.83$25$30NovMarJul$28.83
Source: Nasdaq daily closes
Market value$38.77B
Price to earnings12.4x
Forward P/E12.1x
Dividend yield2.08%
Year to date−5.6%
One year+3.4%
Next earningsNot scheduled
SectorConsumer Discretionary
52-week range (closes)
$21.79$33.99

Quality and valuation

How Carnival compares with other consumer discretionary stocks. A description, not a recommendation.

Carnival and 7 hotels, resorts & cruise lines peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among consumer discretionary companies, priced below most of them.

Carnival trades at 12.1 times the next 12 months of expected earnings, against a median of 19.5x for the 66 consumer discretionary stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +5.2% vs +8.1%
  • More profitable (operating margin): 16.0% vs 13.8%
  • Turns more of its sales into cash: 11.5% vs 10.1%
CCL trades at 12.1x forward earnings, below the sector medianForward p/e, Hotels, Resorts & Cruise Lines peers
CCL12.1xEXPE12.5xBKNG13.3xNCLH15.5xRCL16.4xABNB29.1xMAR33.5xHLT37.0xSector median 19.5xCCL12.1xEXPE12.5xBKNG13.3xNCLH15.5xRCL16.4xABNB29.1xMAR33.5xHLT37.0xSector median 19.5x
Source: CNBC quotes; Mostly Markets
At 12.7x earnings, CCL is cheaper than its average since Sep 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
10x15x20xAverage 15.2x2025202612.7x10x15x20xAverage 15.2x2025202612.7x
Source: Nasdaq prices; SEC filings

Financials

From Carnival's SEC filings, through the quarter ending 31 Aug 2026. Hover or tap a bar for its value.

Revenue grew 3.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$5bn$8bnQ4 ’24Q2 ’25Q4 ’25$8.4bnQ3 ’26$0bn$5bnQ4 ’24Q2 ’25Q4 ’25$8.4bnQ3 ’26
Source: SEC filings
Growth slowed to +3.5% last quarterRevenue growth, year on year, %
0%2%5%8%10%Q4 ’24Q2 ’25Q4 ’253.5%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’253.5%Q3 ’26
Source: SEC filings
Operating margin was 26.3% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2526.3%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2526.3%Q3 ’26
Source: SEC filings
Free cash flow was $3.2 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bn$1.5bnQ4 ’24Q2 ’25Q4 ’25$0.7bnQ3 ’26$0bn$1bnQ4 ’24Q2 ’25Q4 ’25$0.7bnQ3 ’26
Source: SEC filings
Last 12 monthsCCLSector median
Revenue growth+5.2%+8.1%
Operating margin16.0%13.8%
Free cash flow margin11.5%10.1%
Price to earnings12.4x21.0x

Stories on Carnival

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Similar companies

Hotels, Resorts & Cruise Lines, by market value.

CompanyPriceTodayYTDValue
BKNGBooking Holdings$148.13−1.53%−30.8%$111B
MARMarriott International$399.30−0.09%+28.7%$104B
ABNBAirbnb$164.39−1.24%+21.1%$96.92B
RCLRoyal Caribbean Group$307.18−1.08%+10.1%$82.16B
HLTHilton Worldwide$356.920.00%+24.3%$79.42B
EXPEExpedia Group$285.93+1.13%+0.9%$34.32B
NCLHNorwegian Cruise Line Holdings$17.57−3.57%−21.3%$8.07B