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CCLCarnival Corporation & plc

Is the EBITDA margin high or low?

The EBITDA margin of 23.62% is 122% above its 5-year average of -109.68%, near the high end of its 5-year range (-2140.82%–36.65%).

As of Sunday, June 28, 2026. 9.27% below its 12-month average of 26.04%.

EBITDA|Gross Margin|Operating Margin|Profit Margin|All Metrics
EBITDA Margin

CCL EBITDA Margin

23.62%

Reported quarterly EBITDA margin; no daily interpolation.

+108.63% 5Y
CCL EBITDA Margin

CCL Average EBITDA Margin Chart

CCL EBITDA Margin

CCL Current vs Average EBITDA Margin Chart

CCL EBITDA Margin Metrics

EBITDA MARGIN

23.62%

EBITDA MARGIN AVG TTM

26.04%

EBITDA MARGIN AVG 3Y

21.54%

EBITDA MARGIN AVG 5Y

11.98%

EBITDA MARGIN AVG 10Y

20.41%

EBITDA MARGIN AVG 15Y

23.19%

EBITDA MARGIN AVG 20Y

23.58%

CURRENT VS TTM AVG

-9.27%

CURRENT VS 3Y AVG

+9.68%

CURRENT VS 5Y AVG

+97.20%

CURRENT VS 10Y AVG

+15.73%

CURRENT VS 15Y AVG

+1.86%

CURRENT VS 20Y AVG

+0.18%

CCL Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Carnival Corporation & plc (CCL)$39.88B23.62%26.04%21.54%11.98%
Chipotle Mexican Grill, Inc. (CMG)vs ›$42.75B19.91%19.91%18.90%16.41%
Yum! Brands, Inc. (YUM)vs ›$43.10B33.31%33.73%34.12%33.44%
JD.com, Inc. (JD)vs ›$34.29B0.88%2.44%2.66%2.37%
D.R. Horton, Inc. (DHI)vs ›$47.16B13.21%15.03%17.80%17.64%
eBay Inc. (EBAY)vs ›$47.89B23.20%24.45%25.14%28.27%
Las Vegas Sands Corp. (LVS)vs ›$31.22B35.56%34.75%28.05%18.38%
Expedia Group, Inc. (EXPE)vs ›$30.09B20.70%18.23%16.72%11.05%
Tapestry, Inc. (TPR)vs ›$29.50B9.13%14.82%17.82%14.31%
Casey's General Stores, Inc. (CASY)vs ›$28.81B8.45%7.99%7.35%7.31%

Margin Comparison

Gross Margin

34.4%

EBITDA Margin

23.6%

Operating Margin

16.3%

Net Margin

11.2%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EBITDA Margin FAQ

What is the EBITDA margin for Carnival Corporation & plc (CCL)?
The EBITDA margin for CCL stock is 23.62%.
Is Carnival Corporation & plc's EBITDA margin high or low?
The EBITDA margin of 23.62% is 122% above its 5-year average of -109.68%, near the high end of its 5-year range (-2140.82%–36.65%).
What is the TTM average EBITDA margin for Carnival Corporation & plc (CCL)?
The TTM average EBITDA margin for CCL stock is 26.04%.
What is the 3Y average EBITDA margin for Carnival Corporation & plc (CCL)?
The 3Y average EBITDA margin for CCL stock is 21.54%.
What is the 5Y average EBITDA margin for Carnival Corporation & plc (CCL)?
The 5Y average EBITDA margin for CCL stock is 11.98%.
What is the 10Y average EBITDA margin for Carnival Corporation & plc (CCL)?
The 10Y average EBITDA margin for CCL stock is 20.41%.
What is the 15Y average EBITDA margin for Carnival Corporation & plc (CCL)?
The 15Y average EBITDA margin for CCL stock is 23.19%.
What is the 20Y average EBITDA margin for Carnival Corporation & plc (CCL)?
The 20Y average EBITDA margin for CCL stock is 23.58%.

CCL EBITDA Margin History

DATEEBITDA MARGIN
2026-05-3123.62%
2026-02-2821.14%
2025-11-3023.08%
2025-08-3136.65%
2025-05-3125.70%
2025-02-2820.60%
2024-11-3020.55%
2024-08-3135.83%
2024-05-3120.65%
2024-02-2916.44%
2023-11-3018.16%
2023-08-3132.38%
2023-05-3114.60%
2023-02-289.25%
2022-11-30-14.77%
2022-08-317.01%
2022-05-31-37.53%
2022-02-28-57.73%
2021-11-30-104.20%
2021-08-31-273.81%
2021-05-31-2140.82%
2021-02-28-3738.46%
2020-11-30-3330.30%
2020-08-31-5748.39%
2020-05-31-486.49%
2020-02-29-2.99%
2019-11-3021.71%
2019-08-3137.32%
2019-05-3121.87%
2019-02-2819.30%
2018-11-3023.79%
2018-08-3139.48%
2018-05-3124.58%
2018-02-2821.43%
2017-11-3024.09%
2017-08-3133.82%
2017-05-3124.26%
2017-02-2821.29%
2016-11-3026.23%
2016-08-3139.32%
2016-05-3124.72%
2016-02-2923.47%
2015-11-3025.06%
2015-08-3139.09%
2015-05-3119.36%
2015-02-2818.89%
2014-11-3018.15%
2014-08-3134.49%
2014-05-3115.33%
2014-02-2813.17%
2013-11-3013.81%
2013-08-3128.71%
2013-05-3115.61%
2013-02-2814.86%
2012-11-3015.87%
2012-08-3135.82%
2012-05-3117.78%
2012-02-298.21%
2011-11-3018.74%
2011-08-3136.04%
2011-05-3118.20%
2011-02-2817.61%
2010-11-3018.86%
2010-08-3138.81%
2010-05-3121.37%
2010-02-2818.88%
2009-11-3019.93%
2009-08-3137.01%
2009-05-3122.73%
2009-02-2821.72%
2008-11-3079.80%
2008-08-3137.56%
2008-05-3123.51%
2008-02-2919.45%
2007-11-3022.82%
2007-08-3140.94%
2007-05-3125.21%
2007-02-2822.81%
2006-11-3026.23%
2006-08-3140.85%
2006-05-3125.85%
2006-02-2823.59%
2005-11-3026.41%
2005-08-3142.89%
2005-05-3127.31%
2005-02-2826.67%
2004-11-3024.98%
2004-08-3142.18%
2004-05-3126.85%
2004-02-2922.61%
2003-11-3024.34%
2003-08-3139.03%
2003-05-3122.58%
2003-02-2823.00%
2002-11-3027.84%
2002-08-3140.78%

Related Metrics

EBITDAGross MarginOperating MarginProfit MarginAll Metrics

About Carnival Corporation & plc

Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida.

Miami, FL
160,000 employees
www.carnivalcorp.com
Consumer Cyclical / Leisure
Sector
Consumer Cyclical
Industry
Leisure
CEO
Joshua Ian Weinstein
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