Carnival Corporation & plc (CCL) is a Industrials stock trading at $26.59 (as of 2026-07-15), with a market capitalization of $36.43B and a trailing P/E of 11.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Carnival Corporation & plc is a leisure travel company that operates cruise brands including Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (Australia and UK), and Cunard. It serves passengers through cruise offerings and sells cruises via travel agents, tour operators, vacation planners, and websites.
Carnival operates cruise ships under multiple brand names and sells cruises (primarily through travel agents, tour operators, vacation planners, and websites). It makes money mainly from passenger ticket revenues and from onboard and other onboard-related services.
Carnival’s profit engine is how much revenue it can generate per sailing guest, split across passenger ticket revenues and onboard and other revenues, with both tied to the customer experience onboard and the ability to sell cruises through its distribution channels.
| Passenger | $3.8B |
| Onboard+Other | $2.0B |
| Other(Residual) | $0.9B |
Business quality (Mixed): Revenue composition is clear from passenger ticket revenues and onboard and other revenues, and the company’s multi-brand fleet and distribution approach support multiple ways to drive sales. The bear case centers on the concentration of earnings in those two cruise-linked revenue streams.
Valuation: At 13× earnings, CCL trades 26% below the Transportation average (18×). Note: one-time items can distort reported P/E.
| Price | $26.59 |
| Market Cap | $36.43B |
| P/E Ratio | 11.9 |
| EV / EBITDA | 7.4 |
| Price / Book | 2.81 |
| Price / Sales | 1.33 |
| FCF Yield | 10.7% |
| DCF Value (model) | $21.78 |
| DCF Upside vs Price | -18.1% |
| Revenue (TTM) | $26.62B |
| Net Margin | 10.4% |
| Revenue Growth (YoY) | 5.3% |
| EPS Growth (YoY) | -9.3% |
| FCF Growth (YoY) | 59.1% |
| Altman Z-Score | 1.23 (distress) |
| Stock P/E | 11.9 |
| Sector P/E (Industrials) | 28.7 |
| Industry P/E (Transportation) | 17.6 |
| vs Sector | -58.6% |
| vs Industry | -32.5% |
| Top Institutional Holder | VANGUARD GROUP INC ($3.91B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Industrials |
| Industry | Transportation |
| CEO | Joshua Ian Weinstein |
| Employees | 115,000 |
| Country | US |
| IPO Date | 1987-07-24 |
Data as of 2026-07-15.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.