Carnival financials
$25.11+13.41%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Nov 30 | FY24 Nov 30 | FY23 Nov 30 | FY22 Nov 30 | FY21 Nov 30 | FY20 Nov 30 | FY19 Nov 30 | FY18 Nov 30 | FY17 Nov 30 | FY16 Nov 30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.62B | $25.02B | $21.59B | $12.17B | $1.91B | $5.59B | $20.82B | $18.88B | $17.51B | $16.39B |
| Gross profit | $10.68B | $9.38B | $7.28B | $12.17B | -$809.0M | -$683.0M | $7.94B | $7.81B | $7.01B | $7.01B |
| Gross margin | 40.1% | 37.5% | 33.7% | 100.0% | −42.4% | −12.2% | 38.1% | 41.3% | 40.0% | 42.7% |
| Operating income | $4.48B | $3.57B | $1.96B | -$4.38B | -$7.09B | -$8.87B | $3.28B | $3.32B | $2.81B | $3.07B |
| Net income | $2.76B | $1.92B | -$74.0M | -$6.09B | -$9.50B | -$10.24B | $2.99B | $3.15B | $2.61B | $2.78B |
| Net margin | 10.4% | 7.7% | −0.3% | −50.1% | −498.0% | −182.9% | 14.4% | 16.7% | 14.9% | 17.0% |
| Diluted EPS | $2.02 | $1.44 | $-0.06 | $-5.16 | $-8.46 | $-13.20 | $4.32 | $4.44 | $3.59 | $3.72 |
| EBITDA | $7.27B | $6.13B | $4.33B | -$1.66B | -$4.04B | -$2.56B | $5.46B | $5.36B | $4.74B | $4.81B |
| Operating cash flow | $6.22B | $5.92B | $4.28B | -$1.67B | -$4.11B | -$6.30B | $5.47B | $5.55B | $5.32B | $5.13B |
| Free cash flow | $2.61B | $1.30B | $997.0M | -$6.61B | -$7.71B | -$9.92B | $46.0M | $1.80B | $2.38B | $2.07B |
| Diluted shares | 1,402.0M | 1,398.0M | 1,262.0M | 1,180.0M | 1,123.0M | 775.0M | 692.0M | 710.0M | 725.0M | 747.0M |
Balance sheet
| Period end | Nov 30 | Nov 30 | Nov 30 | Nov 30 | Nov 30 | Nov 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.93B | $1.21B | $2.42B | $4.03B | $8.94B | $9.51B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $200.0M | $0.00 |
| Total debt | $26.64B | $27.47B | $30.57B | $34.55B | $33.23B | $26.96B |
| Total assets | $51.69B | $49.06B | $49.12B | $51.70B | $53.34B | $53.59B |
| Total liabilities | $39.40B | $39.81B | $42.24B | $44.64B | $41.20B | $33.04B |
| Shareholders' equity | $12.28B | $9.25B | $6.88B | $7.07B | $12.14B | $20.55B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology