CCL
Carnival CorporationPrevious close
28.83
Change
−0.01 / −0.03%
P/E (TTM) ?
12.2
Market Cap
$38.5B
1M
+17.48%
S&P 500 −0.91% over same period
Volume / Avg Volume
20.8M / 20.0M
1.04× average
Latest earnings analysisFY2026 Q3Reported 2026-09-29
Carnival Q3 FY2026: record $8.44 billion revenue, $1.92 billion net income
Carnival's fiscal third quarter was a record: revenue of $8.44 billion and net income of $1.92 billion, with adjusted earnings per share flat at $1.43 despite a $131 million fuel and currency hit. The read-through is that demand, not discounts, is doing the work. Below we walk the income statement, the guidance, and a payables figure that does not match its own tag.
Read the full analysis →Revenue$8.44BYoY +3.50%
EPS (non-GAAP)$1.43
Next-day move−2.27%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-08 | 2026-09-29 | $8.4B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-05 | 2026-06-23 | $6.7B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-02 | 2026-03-27 | $6.2B | Pending |
| FY2025 Q4 Quarter ended 2025-11 | 2025-12-19 | $26.6B | Pending |
| FY2025 Q3 Quarter ended 2025-08 | 2025-09-29 | $8.2B | Pending |
| FY2025 Q2 Quarter ended 2025-05 | 2025-06-24 | $6.3B | Pending |
| FY2025 Q1 Quarter ended 2025-02 | 2025-03-21 | $5.8B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 19 of its 5-year rangeCheap
5-year range 11.2 – 47.9 · Median 15.4
Last 4 quarters: $548M in buybacks + $618M in dividends, 3.02% of market cap combined
P/E (TTM)
12.2
P/B
2.7
P/S
1.4
Dividend Yield
1.61%
Earnings Reaction
Over the last 7 reports, the stock moved ±1.8% on average on the first trading day after, rising 3 times
Most recent −2.27%
Volatility & Correlation
1-year beta 2.11 · Correlation with S&P 500 0.55High beta
Annualized volatility 50% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $0.69MNet selling $0.69M
- 10-28Deeble HelenDirectorSell$0.69M25,000 shares · Avg price 27.75
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 8.44 | +3.5% | — | 1.92 | 1.40 |
| FY2026 Q2 | 6.66 | +5.3% | — | 0.54 | 0.39 |
| FY2026 Q1 | 6.17 | +6.1% | — | 0.26 | 0.19 |
| FY2025 Q4 | 6.33 | +6.6% | — | 0.42 | 0.33 |
| FY2025 Q3 | 8.15 | +3.3% | 46.2% | 1.85 | 1.33 |
| FY2025 Q2 | 6.33 | +9.5% | 38.6% | 0.57 | 0.42 |
| FY2025 Q1 | 5.81 | +7.5% | 35.2% | -0.08 | -0.06 |
| FY2024 Q4 | 5.94 | +10.0% | 35.5% | 0.30 | 0.28 |
| FY2024 Q3 | 7.90 | +15.2% | 45.5% | 1.74 | 1.26 |
| FY2024 Q2 | 5.78 | +17.7% | 34.3% | 0.09 | 0.07 |
| FY2024 Q1 | 5.41 | +22.0% | 31.5% | -0.21 | -0.17 |
| FY2023 Q4 | 5.40 | +40.6% | 32.8% | -0.05 | 0.02 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| CCL | 12.2 | +3.5% | — | +17.48% | Bullish |
| AMZN | 19.4 | +12.1% | 53.2% | −3.53% | Neutral |
| TSLA | 495.1 | −0.2% | 19.6% | +12.68% | Neutral |
| HD | 23.3 | +5.7% | 33.7% | +15.72% | Neutral |
| MCD | 21.1 | +3.7% | 90.4% | +11.77% | Neutral |
| TJX | 25.8 | +5.4% | 33.4% | +6.05% | Bullish |
| SBUX | 59.0 | −1.4% | — | +10.33% | Neutral |
| LOW | 17.6 | +8.3% | 33.0% | +13.45% | Neutral |
| BKNG | 15.7 | +8.1% | — | −9.07% | Bullish |