Stocks›Industrials›CCL

CCL Carnival Corp Ltd.

NYSEResearch view

Carnival Corp Ltd. operates in the Water Transportation industry.

$25.90−2.12%

Oct 16 close · 1D EOD · Databento

IndustrialsWater TransportationLarge-capSEC EDGAR FY 2025-11-30

On the Wire · latest 1

All stories →

Jun 23 · Yahoo FinanceCarnival misses revenue forecast, cuts full-year outlook; cruise sector declinesCarnival (CCL) stock is leading a cruise sector retreat after reporting a revenue miss and updating its outlook. This creates a potential short-term trading opportunity as the market digests the revised expectations and broader implications for the travel sector.

On the Wire · latest 1

All stories →

Jun 23 · Yahoo FinanceCarnival misses revenue forecast, cuts full-year outlook; cruise sector declinesCarnival (CCL) stock is leading a cruise sector retreat after reporting a revenue miss and updating its outlook. This creates a potential short-term trading opportunity as the market digests the revised expectations and broader implications for the travel sector.

What happened

Daily closes · dots are Wire stories

What’s next

Expected around late December, going by its own filing history. The company has not announced a date yet. Its matching report came Dec 19, 2025 and Dec 20, 2024, before the open.

Last report

Sep 29, 2026+13.41%

before the open

Last 4, next close

median 7.34% either way

up 2 of 4

Every report since 2022 →Earnings calendar →

DateEventSourceNext close

Sep 29Earnings release, before the open · 8-KSEC EDGARSEC EDGAR ↗+13.41%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

What happened · big days

20 big days in a year, and what we hold on each

A big day is a close more than 5.26% from the one before, three times CCL’s median day (1.75%). On 9 of the 20, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±5.26%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayCCLWhat we hold that dayGroup (median of 4) · each

1 Oct 28, 2025−5.30%
Before our storiesgroup −2.6%, did not move with it
1Oct 28, 2025−5.30%
Before our stories
−2.6% did not move with itRCL −8.5 · NCLH −4.9 · MATX −0.3 · KEX −0.1
2 Nov 4, 2025−9.06%
Before our storiesgroup −4.6%, moved with CCL
2Nov 4, 2025−9.06%
Before our stories
−4.6% moved with CCLNCLH −15.3 · RCL −7.3 · MATX −1.9 · KEX +0.1
3 Nov 24, 2025−6.78%
Before our storiesgroup −1.3%, did not move with it
3Nov 24, 2025−6.78%
Before our stories
−1.3% did not move with itRCL −3.2 · NCLH −2.5 · MATX −0.0 · KEX +0.3
4 Dec 11, 2025+5.94%
Before our storiesgroup +4.1%, moved with CCL
4Dec 11, 2025+5.94%
Before our stories
+4.1% moved with CCLRCL +7.4 · NCLH +6.8 · MATX +1.5 · KEX −0.4
5 Dec 19, 2025+9.81%
Resultsgroup +0.8%, did not move with it
5Dec 19, 2025+9.81%
ResultsFirst close after the Dec 19 results filing
+0.8% did not move with itNCLH +6.5 · RCL +2.4 · KEX −0.7 · MATX −2.2
6 Jan 29, 2026+8.46%
Before our storiesgroup +5.8%, moved with CCL
6Jan 29, 2026+8.46%
Before our stories
+5.8% moved with CCLRCL +18.6 · NCLH +10.3 · MATX +1.4 · KEX −4.7
7 Feb 2, 2026+8.09%
Before our storiesgroup +3.1%, did not move with it
7Feb 2, 2026+8.09%
Before our stories
+3.1% did not move with itNCLH +7.7 · MATX +3.4 · RCL +2.9 · KEX +1.5
8 Feb 6, 2026+8.08%
Before our storiesgroup +4.9%, moved with CCL
8Feb 6, 2026+8.08%
Before our stories
+4.9% moved with CCLNCLH +7.5 · RCL +6.7 · KEX +3.1 · MATX +2.0
9 Mar 2, 2026−7.64%
Before our storiesgroup −0.4%, did not move with it
9Mar 2, 2026−7.64%
Before our stories
−0.4% did not move with itNCLH −10.5 · RCL −3.3 · KEX +2.4 · MATX +3.1
10 Mar 12, 2026−7.89%
Before our storiesgroup −3.9%, did not move with it
10Mar 12, 2026−7.89%
Before our stories
−3.9% did not move with itRCL −7.0 · NCLH −4.8 · MATX −3.0 · KEX −1.7
11 Mar 23, 2026+5.51%
Before our storiesgroup +4.5%, moved with CCL
11Mar 23, 2026+5.51%
Before our stories
+4.5% moved with CCLNCLH +6.2 · RCL +5.8 · MATX +3.1 · KEX +0.2
12 Mar 31, 2026+8.01%
Before our storiesgroup +4.7%, moved with CCL
12Mar 31, 2026+8.01%
Before our stories
+4.7% moved with CCLNCLH +6.0 · RCL +5.3 · MATX +4.2 · KEX −1.0
13 Apr 8, 2026+11.23%
Before our storiesgroup +3.5%, did not move with it
13Apr 8, 2026+11.23%
Before our stories
+3.5% did not move with itNCLH +7.6 · RCL +4.3 · MATX +2.6 · KEX +0.1
14 Apr 17, 2026+6.99%
Before our storiesgroup +3.0%, did not move with it
14Apr 17, 2026+6.99%
Before our stories
+3.0% did not move with itRCL +7.3 · NCLH +4.8 · MATX +1.1 · KEX −1.0
15 Apr 21, 2026−5.69%
Before our storiesgroup −3.7%, moved with CCL
15Apr 21, 2026−5.69%
Before our stories
−3.7% moved with CCLNCLH −4.6 · RCL −3.8 · MATX −3.6 · KEX +0.6
16 May 6, 2026+6.79%
Before our storiesgroup +2.1%, did not move with it
16May 6, 2026+6.79%
Before our stories
+2.1% did not move with itRCL +8.8 · NCLH +4.8 · KEX −0.6 · MATX −1.9
17 May 20, 2026+8.96%
Before our storiesgroup +3.7%, did not move with it
17May 20, 2026+8.96%
Before our stories
+3.7% did not move with itNCLH +8.4 · MATX +4.8 · RCL +2.7 · KEX +1.4
18 Jun 10, 2026−6.27%
Nothing on CCLgroup −3.6%, moved with CCL
18Jun 10, 2026−6.27%
Nothing on CCLNo CCL story, brief or results filing in our record that day
−3.6% moved with CCLNCLH −5.8 · RCL −4.8 · KEX −2.5 · MATX −0.4
19 Jun 11, 2026+8.20%
Nothing on CCLgroup +4.6%, moved with CCL
19Jun 11, 2026+8.20%
Nothing on CCLNo CCL story, brief or results filing in our record that day
+4.6% moved with CCLRCL +7.2 · NCLH +6.4 · MATX +2.9 · KEX +0.5
20 Sep 29, 2026+13.41%
Resultsgroup +2.4%, did not move with it
20Sep 29, 2026+13.41%
ResultsFirst close after the Sep 29 results filing
+2.4% did not move with itRCL +7.5 · NCLH +3.4 · MATX +1.3 · KEX +0.3

A story on the same day is not a cause, and a group move is not proof either. Group: the median of RCL, KEX, MATX and NCLH that day, the largest companies in CCL’s SEC industry; “moved with CCL” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). CCL reports before the open, so day 1 is that day’s close. 3 of 4 times, day 6 ended on the same side as day 1.

Reported Dec 19, 2025

day 1+9.81%day 6+8.40%

Reported Mar 27, 2026

day 1−4.31%day 6+2.73%

Reported Jun 23, 2026

day 1−4.87%day 6−5.37%

Reported Sep 29, 2026

day 1+13.41%day 6+20.05%

Next report: expected mid-to-late DecemberEstimated from the dates of its last four results filings. Not announced. Since the Sep 29 report: +16.98%. Four reports is a small sample.

Every report since 2022 →

Each line is CCL’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

The numbers · FY2025, filed

SEC EDGAR

Market cap$35.5B

Revenue$26.6B+6.40%

Net income$2.8B

EPS, diluted$2.02+40.30%

Operating margin16.8%

Return on equity22.5%

Debt / equity2.44

All filed figures

Snapshot

SEC EDGAR · FY 2025-11-30

SectorIndustrials

Market Cap$35.5B

Enterprise Value$63.5B

Income$2.8B

Sales$26.6B

Book/sh$9.14

Cash/sh$1.46

Dividend TTM$1.95

Payout0%

Employees—

IPO—

Quick Ratio0.28

Current Ratio0.32

Debt/Eq2.44

EPS (ttm)$2.02

EPS this Y40.3%

EPS past 3/5Y—

Sales past 3/5Y29.8%

EPS Y/Y TTM40.3%

Sales Y/Y TTM6.4%

Shs Outstand1.34B

ROA5.3%

ROE22.5%

ROIC8.8%

Gross Margin—

Oper. Margin16.8%

Profit Margin10.4%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$1.9B

FY21

$12.2B

FY22

$21.6B

FY23

$25.0B

FY24

$26.6B

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 5 FY · tap a row to explain it

USD	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.9B	$12.2B	$21.6B	$25.0B	$26.6B
Gross Profit	—	—	—	—	—
Operating Income	$-7.1B	$-4.4B	$2.0B	$3.6B	$4.5B
Net Income	$-9.5B	$-6.1B	$-74.0M	$1.9B	$2.8B
Diluted EPS	$-8.46	$-5.16	$-0.06	$1.44	$2.02
Operating Cash Flow	$-4.1B	$-1.7B	$4.3B	$5.9B	$6.2B
Free Cash Flow	$-7.7B	$-6.6B	$997.0M	$1.3B	$2.6B

Same industry

CCL against four same-industry peers, a year at 100

CCL is down 8.5% in a year. Matson is up 2.5 times, Kirby is up 59.5% and Royal Caribbean Cruises is down 7.5%. Of these four, only Norwegian Cruise Line (−34.4%) did less. Weekly closes, Oct 17, 2025 = 100, on a log scale so a 2.5-fold rise and a 34.4% fall both read honestly.

Share this chart

CCL −8.5%. Matson ×2.5, Kirby +59.5%, Royal Caribbean Cruises −7.5%, Norwegian Cruise Line −34.4%. Weekly closes, Oct 17, 2025 = 100, log scale.

Share this chart

End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in CCL’s SEC industry (Water Transportation) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

Same industry

In the screener →

RCL$74.3B KEX$7.2B MATX$7.0B NCLH$6.9B INSW$5.4B GLNG$4.6B TDW$4.0B TNK$3.4B

Follow the news. Track the move.

CCL story timeline

Company updates and connected market context, with the dated price move attached.

Stories

Direct

Sector context/Earnings

Jun 23

Carnival misses revenue forecast, cuts full-year outlook; cruise sector declines

Carnival (CCL) stock is leading a cruise sector retreat after reporting a revenue miss and updating its outlook. This creates a potential short-term trading opportunity as the market digests the revised expectations and broader implications for the travel sector.

Since story

-9.8%

2026-06-23 → 2026-10-16

Yahoo Finance · 117d ago

View both sides →

Follow the news. Track the move.