Stock Analysis on Net

Carnival Corp. & plc (NYSE:CCL)

$22.49

This company has been moved to the archive! The financial data has not been updated since March 27, 2024.

Analysis of Reportable Segments

Microsoft Excel

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Segment Profit Margin

Carnival Corp. & plc, profit margin by reportable segment

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

Segment profitability ratio Reportable segment The company
Segment profit margin North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023.
Europe cruise operations Europe cruise operations segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023.
Cruise Support Cruise Support segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Tour and Other Tour and Other segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Profit Margin: North America and Australia (NAA) cruise operations

Carnival Corp. & plc; North America and Australia (NAA) cruise operations; segment profit margin calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Profit Margin: Europe cruise operations

Carnival Corp. & plc; Europe cruise operations; segment profit margin calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Europe cruise operations Europe cruise operations segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Profit Margin: Cruise Support

Carnival Corp. & plc; Cruise Support; segment profit margin calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Cruise Support Cruise Support segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Segment Profit Margin: Tour and Other

Carnival Corp. & plc; Tour and Other; segment profit margin calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Tour and Other Tour and Other segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Return on Assets (Segment ROA)

Carnival Corp. & plc, ROA by reportable segment

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

Segment profitability ratio Reportable segment The company
Segment ROA North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment ROA improved from 2021 to 2022 and from 2022 to 2023.
Europe cruise operations Europe cruise operations segment ROA improved from 2021 to 2022 and from 2022 to 2023.
Cruise Support Cruise Support segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.
Tour and Other Tour and Other segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Segment ROA: North America and Australia (NAA) cruise operations

Carnival Corp. & plc; North America and Australia (NAA) cruise operations; segment ROA calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment ROA improved from 2021 to 2022 and from 2022 to 2023.

Segment ROA: Europe cruise operations

Carnival Corp. & plc; Europe cruise operations; segment ROA calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Europe cruise operations Europe cruise operations segment ROA improved from 2021 to 2022 and from 2022 to 2023.

Segment ROA: Cruise Support

Carnival Corp. & plc; Cruise Support; segment ROA calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Cruise Support Cruise Support segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Segment ROA: Tour and Other

Carnival Corp. & plc; Tour and Other; segment ROA calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Operating income (loss)
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Tour and Other Tour and Other segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Segment Asset Turnover

Carnival Corp. & plc, asset turnover by reportable segment

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

Segment activity ratio Reportable segment The company
Segment asset turnover North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.
Europe cruise operations Europe cruise operations segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.
Cruise Support Cruise Support segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.
Tour and Other Tour and Other segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Asset Turnover: North America and Australia (NAA) cruise operations

Carnival Corp. & plc; North America and Australia (NAA) cruise operations; segment asset turnover calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Asset Turnover: Europe cruise operations

Carnival Corp. & plc; Europe cruise operations; segment asset turnover calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Europe cruise operations Europe cruise operations segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Asset Turnover: Cruise Support

Carnival Corp. & plc; Cruise Support; segment asset turnover calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Cruise Support Cruise Support segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Asset Turnover: Tour and Other

Carnival Corp. & plc; Tour and Other; segment asset turnover calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Tour and Other Tour and Other segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Segment Capital Expenditures to Depreciation

Carnival Corp. & plc, capital expenditures to depreciation by reportable segment

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.
Europe cruise operations Europe cruise operations segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.
Cruise Support Cruise Support segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Tour and Other Tour and Other segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Segment Capital Expenditures to Depreciation: North America and Australia (NAA) cruise operations

Carnival Corp. & plc; North America and Australia (NAA) cruise operations; segment capital expenditures to depreciation calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North America and Australia (NAA) cruise operations North America and Australia (NAA) cruise operations segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Segment Capital Expenditures to Depreciation: Europe cruise operations

Carnival Corp. & plc; Europe cruise operations; segment capital expenditures to depreciation calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Europe cruise operations Europe cruise operations segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Segment Capital Expenditures to Depreciation: Cruise Support

Carnival Corp. & plc; Cruise Support; segment capital expenditures to depreciation calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Cruise Support Cruise Support segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Segment Capital Expenditures to Depreciation: Tour and Other

Carnival Corp. & plc; Tour and Other; segment capital expenditures to depreciation calculation

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation and amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).

1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Tour and Other Tour and Other segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Revenues

Carnival Corp. & plc, revenues by reportable segment

US$ in millions

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other
Total

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).


Depreciation and amortization

Carnival Corp. & plc, depreciation and amortization by reportable segment

US$ in millions

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other
Total

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).


Operating income (loss)

Carnival Corp. & plc, operating income (loss) by reportable segment

US$ in millions

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other
Total

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).


Capital expenditures

Carnival Corp. & plc, capital expenditures by reportable segment

US$ in millions

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other
Total

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).


Total assets

Carnival Corp. & plc, total assets by reportable segment

US$ in millions

Microsoft Excel
Nov 30, 2023 Nov 30, 2022 Nov 30, 2021 Nov 30, 2020 Nov 30, 2019 Nov 30, 2018
North America and Australia (NAA) cruise operations
Europe cruise operations
Cruise Support
Tour and Other
Total

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30).