Business description: Carnival Corporation

Carnival Corporation is the world's No. 1 cruise ship line. The group operates Carnival Cruise Line, Holland America Line, Princess Cruises, Seabourn, Cunard, AIDA Cruises, Costa Cruises, and P&O Cruises. Net sales break down by activity as follows:

- sale of cruise tickets (65.4%);

- sale of on-board services (34.6%). In addition, the group sells trips to Alaska through Holland America Princess Alaska Tours.

As of November 2025, Carnival Corporation had a fleet of 94 ships with a total capacity of 272,460 berths.

Net sales are distributed geographically as follows: the United States (55.7%), Germany (12.6%), the United Kingdom (11.5%) and other (20.2%).

Number of employees: 160,000

Sales by Activity: Carnival Corporation

Fiscal Period: November 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

North America Cruise Operations

1.11B 8.28B 14.59B 16.8B 17.6B

Europe Cruise Operations

712M 3.53B 6.54B 7.71B 8.47B

Cruise Support

42M 171M 206M 255M 309M

Tour and Other

46M 185M 265M 255M 241M

Geographical breakdown of sales: Carnival Corporation

Fiscal Period: November 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

- - - - 14.85B

Other

14M 72M 735M 915M 5.37B

Germany

- - - - 3.35B

United Kingdom

- - - - 3.05B

Australia

- - 1.18B 1.44B -

Australia and Asia

18M 312M - - -

North America

1.07B 7.87B 13.11B 15.09B -

Europe

811M 3.92B 6.56B 7.57B -

Executive Committee: Carnival Corporation

Manager TitleAgeSince
Chief Executive Officer 51 2022-07-31
Director of Finance/CFO 68 2003-06-30
Compliance Officer - 2022-05-15
Investor Relations Contact - -
Corporate Officer/Principal 69 2025-01-31

Composition of the Board of Directors: Carnival Corporation

Director TitleAgeSince
Director/Board Member 84 1987-06-30
Chairman 75 1989-12-31
Director/Board Member 69 2006-12-31
Director/Board Member 67 2009-01-20
Director/Board Member 76 2010-04-13
Director/Board Member 64 2016-07-12
Director/Board Member 55 2017-07-18
Director/Board Member 75 2019-01-13
Director/Board Member 61 2020-04-19
Director/Board Member 51 2020-06-18

Shareholders: Carnival Corporation

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
10.36 %
128,133,282 10.36 % 4 043 M $
7.612 %
94,142,908 7.612 % 2 970 M $
BlackRock Advisors LLC
5.212 %
64,462,471 5.212 % 2 034 M $
3.887 %
48,074,173 3.887 % 1 517 M $
Causeway Capital Management LLC
2.745 %
33,944,782 2.745 % 1 071 M $
NameEquities%Valuation
XP Allocation Asset Management Ltda.
0.000114 %
1,405 0.000114 % 44 199 $

Company details: Carnival Corporation

Carnival Corp.

3655 North-West 87th Avenue

33178-2428, Miami

+

http://www.carnivalcorp.com
address Carnival Corporation(CCL)

Group companies: Carnival Corporation

NameCategory and Sector
Hotels/Resorts/Cruise lines
Hotels/Resorts/Cruise lines
Marine Shipping

Cruise Lines

Change 5d. change 1-year change 3-years change Capi.($)
+0.47%+9.13%+58.62%+178.69% 38.72B
+0.38%+1.22%+44.23%+336.54% 74.92B
0.00%+5.44%+22.30%+47.42% 9.09B
+0.58%+12.13%+134.87%+107.03% 1.25B
+1.14%+2.13%-0.96%+8.74% 543M
Average +0.51%+5.81%+51.81%+135.68% 24.91B
Weighted average by Cap. +0.39%+3.87%+47.82%+262.61%
Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
28
Last Close Price
27.98USD
Average target price
34.82USD
Spread / Average Target
+24.44%

Quarterly revenue - Rate of surprise

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