CCLCarnival Corp Ltd.
Water Transportation
- Revenue
- $26.6B
- 6.4% YoY
- Operating margin
- 16.8%
- 18% YoY
- EBITDA
- $7.3B
- 19% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.2×
- $23.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear225% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.9B | $12.2B | $21.6B | $25.0B | $26.6B | 6.4% |
| Operating income | −$7.1B | −$4.4B | $2.0B | $3.6B | $4.5B | 25% |
| Net income | −$9.5B | −$6.1B | −$74M | $1.9B | $2.8B | 44% |
| Operating cash flow | −$4.1B | −$1.7B | $4.3B | $5.9B | $6.2B | 5.0% |
| Capex | $3.6B | $4.9B | $3.3B | $4.6B | $3.6B | 22% |
| Stock-based comp | $121M | $101M | $53M | $62M | $98M | 58% |
| Buybacks | $0 | $0 | — | — | — | |
| Dividends | $0 | $0 | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $694K · 1
- Net
- −$694K
Pay vs performance
No pay-versus-performance disclosure yet.