| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 6.22 B USD | 5.92 B USD | 4.28 B USD | -1.67 B USD | -4.11 B USD | -6.30 B USD | 5.47 B USD | 5.55 B USD | 5.32 B USD | 5.13 B USD | 4.54 B USD | 3.43 B USD |
| Depreciation & Amortization | 2.79 B USD | 2.56 B USD | 2.37 B USD | 2.27 B USD | 2.23 B USD | 2.24 B USD | 2.16 B USD | 2.02 B USD | 1.85 B USD | 1.74 B USD | 1.63 B USD | 1.64 B USD |
| Stock-Based Compensation | 98.00 M USD | 62.00 M USD | 53.00 M USD | 101.00 M USD | 121.00 M USD | 105.00 M USD | 46.00 M USD | 65.00 M USD | 63.00 M USD | 55.00 M USD | 55.00 M USD | 52.00 M USD |
| Capital Expenditures | 3.61 B USD | 4.63 B USD | 3.28 B USD | 4.94 B USD | 3.61 B USD | 3.62 B USD | 5.43 B USD | 3.75 B USD | 2.94 B USD | 3.06 B USD | 2.29 B USD | 2.58 B USD |
| Cash Flow from Investing | -3.32 B USD | -4.54 B USD | -2.81 B USD | -4.77 B USD | -3.54 B USD | -3.24 B USD | -5.28 B USD | -3.50 B USD | -3.09 B USD | -3.32 B USD | -2.48 B USD | -2.51 B USD |
| Cash Flow from Financing | -2.19 B USD | -2.58 B USD | -5.09 B USD | 3.58 B USD | 6.95 B USD | 18.65 B USD | -655.00 M USD | -1.46 B USD | -2.45 B USD | -2.59 B USD | -942.00 M USD | -1.03 B USD |
| Dividends Paid | — | — | — | 0 USD | 0 USD | 689.00 M USD | 1.39 B USD | 1.35 B USD | 1.09 B USD | 977.00 M USD | 816.00 M USD | 776.00 M USD |
| Stock Buybacks | — | — | — | 0 USD | 0 USD | 12.00 M USD | 603.00 M USD | 1.47 B USD | 552.00 M USD | 2.34 B USD | 533.00 M USD | 0 USD |
| Free Cash Flow | 2.61 B USD | 1.30 B USD | 997.00 M USD | -6.61 B USD | -7.72 B USD | -9.92 B USD | 46.00 M USD | 1.80 B USD | 2.38 B USD | 2.07 B USD | 2.25 B USD | 847.00 M USD |
Carnival Corporation Ltd. is a global leisure travel company and cruise operator headquartered in Doral, Florida, with substantial operations in the United Kingdom. The company provides cruise vacations through a diversified portfolio of well-known brands spanning contemporary, premium, and ultra-luxury segments. Its brands include Carnival Cruise Line, Princess Cruises, Holland America Line, Cunard Line, P&O Cruises, Costa Cruises, AIDA Cruises, and Seabourn, among others. Carnival Corporation Ltd. operates a large fleet of ocean-going vessels that serve itineraries worldwide, calling at hundreds of ports across key cruise regions such as the Caribbean, Europe, Alaska, Asia, and Australia. In addition to ship-based operations, the company manages private islands and beach destinations, which are integrated into many itineraries and enhance the onboard-to-shore guest experience. Serving both mass-market and niche customer segments, Carnival Corporation Ltd. plays a central role in the global travel and tourism industry, working closely with port authorities, travel agents, tour operators, and destination partners to deliver packaged vacation experiences.