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CCLCarnival Corporation & plc

Is the EV/FCF ratio high or low?

The EV/FCF ratio of 20.09x is 39% below its 2-year average of 33.08x, near the low end of its 2-year range (19.57x–54.03x).

As of Sunday, June 28, 2026. 13.41% below its 12-month average of 23.20x.

EV/FCF Ratio

CCL EV/FCF Ratio Chart

20.09x
-10.71% 1Y
CCL EV/FCF Ratio

CCL Average EV/FCF Ratio Chart

CCL EV/FCF Ratio

CCL Current vs Average EV/FCF Ratio Chart

CCL EV/FCF Ratio Metrics

EV/FCF RATIO

20.09x

EV/FCF RATIO AVG TTM

23.20x

EV/FCF RATIO AVG 3Y

33.08x

EV/FCF RATIO AVG 5Y

33.08x

EV/FCF RATIO AVG 10Y

29.44x

EV/FCF RATIO AVG 15Y

34.52x

EV/FCF RATIO AVG 20Y

36.73x

CURRENT VS TTM AVG

-13.41%

CURRENT VS 3Y AVG

-39.26%

CURRENT VS 5Y AVG

-39.26%

CURRENT VS 10Y AVG

-31.75%

CURRENT VS 15Y AVG

-41.80%

CURRENT VS 20Y AVG

-45.31%

CCL Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Carnival Corporation & plc (CCL)$39.88B20.09x23.20x33.08x33.08x
Chipotle Mexican Grill, Inc. (CMG)vs ›$42.75B32.13x37.64x50.64x58.65x
Yum! Brands, Inc. (YUM)vs ›$43.10B33.29x34.15x36.03x36.06x
JD.com, Inc. (JD)vs ›$34.29B42.40x36.44x18.55x20.03x
D.R. Horton, Inc. (DHI)vs ›$47.16B15.07x15.71x17.98x33.75x
eBay Inc. (EBAY)vs ›$47.89B31.76x31.01x22.84x22.39x
Las Vegas Sands Corp. (LVS)vs ›$31.22B18.97x43.13x38.88x38.88x
Expedia Group, Inc. (EXPE)vs ›$30.09B6.17x8.89x9.48x8.88x
Tapestry, Inc. (TPR)vs ›$29.50B18.97x23.60x17.27x16.73x
Casey's General Stores, Inc. (CASY)vs ›$28.81B43.51x39.48x37.30x32.59x

Cash Flow Valuation Comparison

EV/FCF

20.1x

P/FCF

12.6x

FCF Yield

7.93%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/FCF Ratio FAQ

What is the EV/FCF ratio for Carnival Corporation & plc (CCL)?
The EV/FCF ratio for CCL stock is 20.09x.
Is Carnival Corporation & plc's EV/FCF ratio high or low?
The EV/FCF ratio of 20.09x is 39% below its 2-year average of 33.08x, near the low end of its 2-year range (19.57x–54.03x).
What is the TTM average EV/FCF ratio for Carnival Corporation & plc (CCL)?
The TTM average EV/FCF ratio for CCL stock is 23.20x.
What is the 3Y average EV/FCF ratio for Carnival Corporation & plc (CCL)?
The 3Y average EV/FCF ratio for CCL stock is 33.08x.
What is the 5Y average EV/FCF ratio for Carnival Corporation & plc (CCL)?
The 5Y average EV/FCF ratio for CCL stock is 33.08x.
What is the 10Y average EV/FCF ratio for Carnival Corporation & plc (CCL)?
The 10Y average EV/FCF ratio for CCL stock is 29.44x.
What is the 15Y average EV/FCF ratio for Carnival Corporation & plc (CCL)?
The 15Y average EV/FCF ratio for CCL stock is 34.52x.
What is the 20Y average EV/FCF ratio for Carnival Corporation & plc (CCL)?
The 20Y average EV/FCF ratio for CCL stock is 36.73x.

CCL EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-2620.09x
2026-06-2521.70x
2026-06-2421.91x
2026-06-2321.82x
2026-06-2222.51x
2026-06-1822.82x
2026-06-1722.38x
2026-06-1622.84x
2026-06-1522.47x
2026-06-1222.04x
2026-06-1121.54x
2026-06-1020.55x
2026-06-0921.36x
2026-06-0821.03x
2026-06-0521.21x
2026-06-0421.42x
2026-06-0321.10x
2026-06-0221.32x
2026-06-0121.26x
2026-05-2921.51x
2026-05-2821.46x
2026-05-2721.48x
2026-05-2620.89x
2026-05-2220.54x
2026-05-2120.64x
2026-05-2020.57x
2026-05-1919.57x
2026-05-1820.05x
2026-05-1519.92x
2026-05-1420.18x
2026-05-1320.10x
2026-05-1220.02x
2026-05-1120.29x
2026-05-0820.73x
2026-05-0721.02x
2026-05-0621.26x
2026-05-0520.45x
2026-05-0420.40x
2026-05-0120.86x
2026-04-3020.79x
2026-04-2920.36x
2026-04-2820.69x
2026-04-2720.91x
2026-04-2421.10x
2026-04-2320.86x
2026-04-2220.99x
2026-04-2121.19x
2026-04-2021.96x
2026-04-1722.06x
2026-04-1621.16x
2026-04-1521.87x
2026-04-1421.81x
2026-04-1321.37x
2026-04-1021.48x
2026-04-0921.42x
2026-04-0821.50x
2026-04-0720.18x
2026-04-0620.54x
2026-04-0220.39x
2026-04-0120.82x
2026-03-3120.50x
2026-03-3019.60x
2026-03-2719.71x
2026-03-2623.60x
2026-03-2523.85x
2026-03-2423.71x
2026-03-2323.69x
2026-03-2022.98x
2026-03-1923.42x
2026-03-1823.00x
2026-03-1723.50x
2026-03-1623.30x
2026-03-1322.91x
2026-03-1222.87x
2026-03-1123.97x
2026-03-1024.10x
2026-03-0924.20x
2026-03-0623.88x
2026-03-0524.61x
2026-03-0425.07x
2026-03-0325.35x
2026-03-0225.68x
2026-02-2726.98x
2026-02-2627.60x
2026-02-2527.06x
2026-02-2427.01x
2026-02-2326.37x
2026-02-2027.21x
2026-02-1926.98x
2026-02-1827.51x
2026-02-1727.59x
2026-02-1327.10x
2026-02-1227.54x
2026-02-1127.81x
2026-02-1027.95x
2026-02-0927.66x
2026-02-0628.29x
2026-02-0526.92x
2026-02-0427.27x
2026-02-0327.19x
2026-02-0227.46x
2026-01-3026.15x
2026-01-2926.76x
2026-01-2825.45x
2026-01-2725.44x
2026-01-2622.75x
2026-01-2322.69x
2026-01-2222.66x
2026-01-2122.55x
2026-01-2022.44x
2026-01-1622.87x
2026-01-1523.12x
2026-01-1423.48x
2026-01-1323.87x
2026-01-1224.16x
2026-01-0924.41x
2026-01-0824.20x
2026-01-0724.40x
2026-01-0624.50x
2026-01-0524.11x
2026-01-0223.83x
2025-12-3123.65x
2025-12-3023.78x
2025-12-2923.74x
2025-12-2623.73x
2025-12-2423.99x
2025-12-2324.19x
2025-12-2224.45x
2025-12-1923.93x
2025-12-1822.59x
2025-12-1722.44x
2025-12-1622.52x
2025-12-1522.72x
2025-12-1222.24x
2025-12-1122.35x
2025-12-1021.60x
2025-12-0921.23x
2025-12-0821.47x
2025-12-0521.40x
2025-12-0421.38x
2025-12-0321.48x
2025-12-0221.39x
2025-12-0121.43x
2025-11-2821.36x
2025-11-2621.19x
2025-11-2521.33x
2025-11-2420.87x
2025-11-2121.73x
2025-11-2021.14x
2025-11-1921.50x
2025-11-1821.35x
2025-11-1721.16x
2025-11-1421.47x
2025-11-1321.53x
2025-11-1222.01x
2025-11-1121.85x
2025-11-1021.89x
2025-11-0721.82x
2025-11-0621.64x
2025-11-0521.90x
2025-11-0421.52x
2025-11-0322.77x
2025-10-3122.83x
2025-10-3022.59x
2025-10-2922.36x
2025-10-2822.36x
2025-10-2723.11x
2025-10-2423.10x
2025-10-2323.12x
2025-10-2223.39x
2025-10-2123.38x
2025-10-2022.84x
2025-10-1722.58x
2025-10-1622.53x
2025-10-1522.83x
2025-10-1422.89x
2025-10-1322.47x
2025-10-1022.28x
2025-10-0922.64x
2025-10-0822.87x
2025-10-0722.77x
2025-10-0622.95x
2025-10-0322.70x
2025-10-0222.84x
2025-10-0122.60x
2025-09-3022.87x
2025-09-2923.10x
2025-09-2624.72x
2025-09-2524.65x
2025-09-2424.60x
2025-09-2324.77x
2025-09-2224.77x
2025-09-1924.67x
2025-09-1825.14x
2025-09-1725.01x
2025-09-1625.01x
2025-09-1525.03x
2025-09-1225.17x
2025-09-1125.65x
2025-09-1025.09x
2025-09-0925.20x
2025-09-0825.19x
2025-09-0525.20x
2025-09-0425.29x
2025-09-0325.08x
2025-09-0224.99x
2025-08-2925.36x
2025-08-2825.66x
2025-08-2725.58x
2025-08-2625.35x
2025-08-2525.04x
2025-08-2225.06x
2025-08-2124.05x
2025-08-2024.04x
2025-08-1924.20x
2025-08-1824.40x
2025-08-1524.29x
2025-08-1424.54x
2025-08-1324.73x
2025-08-1224.23x
2025-08-1123.72x
2025-08-0823.60x
2025-08-0723.92x
2025-08-0624.03x
2025-08-0524.05x
2025-08-0424.27x
2025-08-0123.95x
2025-07-3124.30x
2025-07-3024.48x
2025-07-2924.26x
2025-07-2824.28x
2025-07-2524.29x
2025-07-2424.30x
2025-07-2324.78x
2025-07-2224.36x
2025-07-2124.31x
2025-07-1824.19x
2025-07-1724.14x
2025-07-1623.93x
2025-07-1523.90x
2025-07-1424.07x
2025-07-1123.74x
2025-07-1023.96x
2025-07-0923.83x
2025-07-0823.83x
2025-07-0724.07x
2025-07-0324.39x
2025-07-0224.24x
2025-07-0123.73x
2025-06-3023.47x
2025-06-2723.05x
2025-06-2622.50x
2025-06-2530.69x
2025-06-2430.83x
2025-06-2329.74x
2025-06-2029.56x
2025-06-1829.45x
2025-06-1729.24x
2025-06-1629.60x
2025-06-1328.66x

Showing the most recent 260 of 3,825 data points. The chart above shows the full history.

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
Consumer Cyclical / Leisure
Sector
Consumer Cyclical
Industry
Leisure
CEO
Joshua Ian Weinstein