Carnival Corporation (CCL) FY2025 Annual P&L / Income Statement

Revenue by Product and Service

2024-12-01 to 2025-11-30

Swipe to see the full flow
Carnival Corporation (CCL) FY2025 Annual P&L / Income StatementIncome statement for 2024-12-01 through 2025-11-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETPassenger ticketOnboard and other revenueUndisclosed (calculated)Total RevenuesOperating IncomeOperating costs, including other operating expenses (calculated)Selling and administrative expenseDepreciation and amortization expensePayroll and relatedFuelFoodOther operatingCommissions, transportation and otherOnboard and other expenseIncome (Loss) Before Income TaxesOther income (expense), net (calculated)Net Income (Loss)Income tax benefit (expense), netIncome (Loss) Before Income TaxesIncome (Loss)Before Income Taxes$2.77 BTotal RevenuesTotal Revenues$26.62 BOperating IncomeOperating Income$4.48 BNet Income (Loss)Net Income (Loss)$2.76 BOperating costs, including other operating expenses (calculated)Operating costs(calculated)$22.14 BPassenger ticketPassenger ticket$17.42 BIncome tax benefit (expense), netIncome tax benefit(expense), net$12.00 MSelling and administrative expenseSelling and administrative expense$3.40 BOther income (expense), net (calculated)Other income,net (calculated)−$1.71 BDepreciation and amortization expenseDepreciation andamortization expense$2.79 BOnboard and other revenueOnboard and other$9.20 BPayroll and relatedPayroll and related$2.59 BFuelFuel$1.81 BUndisclosed (calculated)Undisclosed (calculated)$1.00 MFoodFood$1.50 BOther operatingOther operating$3.90 BCommissions, transportation and otherCommissions,transportation and other$3.33 BOnboard and other expenseOnboard and other$2.82 B
Chart details

Carnival Corporation (CCL) FY2025 Annual P&L / Income Statement

Income statement for 2024-12-01 through 2025-11-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total Revenues
26,622,000,000 US dollars
Operating costs, including other operating expenses (calculated)
22,139,000,000 US dollars
Operating Income
4,483,000,000 US dollars
Other income (expense), net (calculated)
negative 1,711,000,000 US dollars
Income (Loss) Before Income Taxes
2,772,000,000 US dollars
Income tax benefit (expense), net
12,000,000 US dollars
Net Income (Loss)
2,760,000,000 US dollars
Passenger ticket
17,419,000,000 US dollars
Onboard and other revenue
9,202,000,000 US dollars
Undisclosed (calculated)
1,000,000 US dollars
Onboard and other expense
2,816,000,000 US dollars
Payroll and related
2,589,000,000 US dollars
Other operating
3,904,000,000 US dollars
Commissions, transportation and other
3,331,000,000 US dollars
Food
1,499,000,000 US dollars
Fuel
1,808,000,000 US dollars
Selling and administrative expense
3,402,000,000 US dollars
Depreciation and amortization expense
2,790,000,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Carnival Corporation (CCL) FY2025 Annual P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

16.8%

Operating profit / revenue

Cash conversion

225.3%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!