CCL on NYSE

Carnival Corporation

Logo: Hydrargyrum, Public domain, via Wikimedia Commons6

Anglo-American global cruise operating company

Carnival Corporation Ltd. is a Bermuda-domiciled American cruise line operator that owns more than 90 vessels across eight brands. Carnival is listed on the New York Stock Exchange, and is a component of the S&P 500 index. From 2003 to May 7, 2026, Carnival was a dual-listed company, consisting of U.S.-based and British corporations collectively known as Carnival Corporation & plc.3 It was founded by Ted Arison.1 Its chief executive is Arnold W. Donald (since 2013).1 Its shares trade on NYSE under the symbol CCL.1 Wikipedia text CC BY-SA 4.0

$25.90 down 0.56 (2.12%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

1972Founded1

Compare with Brookfield Infrastructure Partners, Royal Caribbean Group or Norwegian Cruise Line Holdings Ltd., or pick any stock.

  • TickerCCL on NYSE1
  • IndustryWater Transportation1
  • HeadquartersLondon1
  • Websitewww.carnivalcorp.com
  • Legal formpublic limited company1
  • Listed onLondon Stock Exchange (CCL), New York Stock Exchange (CCL)1
  • Incorporated inBermuda7
  • Business address3655 Nw 87Th Ave, Po Box 1347, Miami, Fl 33178-24287
  • Filer categoryLarge accelerated filer7
  • LEIF1OF2ZSX47CR0BCWA9824
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CONYERS CORPORATE SERVICES (BERMUDA) LIMITED, HM 11 Hamilton, Bermuda4
  • Registered withRegistrar of Companies (Ministry of Economic Development), 2026057724
Carnivalcruiselinesheadquarters
Photo: Coolcaesar at English Wikipedia, CC BY-SA 3.0, via Wikimedia Commons11

Carnival Corporation Ltd. is a Bermuda-domiciled American cruise line operator that owns more than 90 vessels across eight brands. Carnival is listed on the New York Stock Exchange, and is a component of the S&P 500 index. From 2003 to May 7, 2026, Carnival was a dual-listed company, consisting of U.S.-based and British corporations collectively known as Carnival Corporation & plc.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

16.8%Operating margin12
10.4%Net margin12
6.4%Revenue growth, 202512
22.5%Return on equity12
1.96×Debt to equity12
$2.6BFree cash flow12

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Cruise Passenger Ticket brought in 65% of the revenue Carnival Corporation broke down this way in fiscal 2025.

  1. Cruise Passenger Ticket$17.4B1265%up 6% from 2024
  2. Cruise Onboard And Other$9.2B1235%up 8% from 2024
Products and services by year
Products and services202320242025
Cruise Passenger Ticket$14.1B$16.5B$17.4B
Cruise Onboard And Other$7.5B$8.6B$9.2B

Business segments

North America brought in 66% of the revenue Carnival Corporation broke down this way in fiscal 2025.

  1. North America$17.6B1266%up 5% from 2024
  2. Europe$8.5B1232%up 10% from 2024
  3. Cruise$309.0M121%up 21% from 2024
  4. Tour And Other$241.0M121%down 5% from 2024
Business segments by year
Business segments202320242025
North America$14.6B$16.8B$17.6B
Europe$6.5B$7.7B$8.5B
Cruise$206.0M$255.0M$309.0M
Tour And Other$265.0M$255.0M$241.0M

Regions

United States brought in 56% of the revenue Carnival Corporation broke down this way in fiscal 2025.

  1. United States$14.8B1256%up 6% from 2024
  2. All Other Geographic Areas$5.4B1220%up 4% from 2024
  3. Germany$3.3B1213%up 9% from 2024
  4. United Kingdom$3.1B1211%up 11% from 2024
Regions by year
Regions202320242025
United States$12.3B$14.1B$14.8B
All Other Geographic Areas$4.4B$5.2B$5.4B
Germany$2.7B$3.1B$3.3B
United Kingdom$2.3B$2.7B$3.1B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin13¢$3.4B
  • Other costs77¢$20.4B
  • Income tax0¢$12.0M
  • Profit10¢$2.8B

Out of $26.6B in revenue.12

Where each dollar of operating cash went, fiscal 2025

  • Capital spending58¢$3.6B
  • Kept or used elsewhere42¢$2.6B

Out of $6.2B of cash from operations.12

Financial statements

Revenue1314151612$26.6B in 2025+28% since 2019
0$10.0B$20.0B$30.0B2019: $20.8B$20.8B20192020: $5.6B$5.6B2020−73%2021: $1.9B$1.9B2021−66%2022: $12.2B$12.2B2022+538%2023: $21.6B$21.6B2023+77%2024: $25.0B$25.0B2024+16%2025: $26.6B$26.6B2025+6%
Operating income1314151612$4.5B in 2025+37% since 2019
-$10.0B-$5.0B0$5.0B2019: $3.3B$3.3B20192020: -$8.9B-$8.9B20202021: -$7.1B-$7.1B2021−20%2022: -$4.4B-$4.4B2022−38%2023: $2.0B$2.0B20232024: $3.6B$3.6B2024+83%2025: $4.5B$4.5B2025+25%
Net income1314151612$2.8B in 2025−8% since 2019
-$15.0B-$10.0B-$5.0B0$5.0B2019: $3.0B$3.0B20192020: -$10.2B-$10.2B20202021: -$9.5B-$9.5B2021−7%2022: -$6.1B-$6.1B2022−36%2023: -$74.0M-$74.0M2023−99%2024: $1.9B$1.9B20242025: $2.8B$2.8B2025+44%

Every line of the income statement as filed: the last 3 fiscal years, latest first.12

Period ending2025-11-302024-11-302023-11-30
Total Revenues$26.6B$25.0B$21.6B
Commissions, transportation and other$3.3B$3.2B$2.8B
Onboard and other$2.8B$2.7B$2.4B
Payroll and related$2.6B$2.5B$2.4B
Fuel$1.8B$2.0B$2.0B
Food$1.5B$1.5B$1.3B
Other operating$3.9B$3.8B$3.4B
Total Cruise and tour operating expenses$15.9B$15.6B$14.3B
Selling and administrative expense$3.4B$3.3B$3.0B
Depreciation and amortization expense$2.8B$2.6B$2.4B
Operating Income$4.5B$3.6B$2.0B
Interest income$51.0M$93.0M$233.0M
Interest expense, net of capitalized interest-$1.3B-$1.8B-$2.1B
Debt extinguishment and modification costs-$409.0M-$79.0M-$111.0M
Other income (expense), net-$4.0M$83.0M-$75.0M
Income (Loss) Before Income Taxes$2.8B$1.9B-$62.0M
Income tax benefit (expense), net-$12.0M$1.0M-$13.0M
Net Income (Loss)$2.8B$1.9B-$74.0M
Basic (in dollars per share)$2.10$1.50-$0.06
Diluted (in dollars per share)$2.02$1.44-$0.06

Compare Carnival Corporation with another company

Corporate structure

Carnival Corporation sits at the top of its group. 20 entities, 7 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Carnival Corporation

  • BlackRock Filed SCHEDULE 13G on Carnival Corporation, latest Jul 27, 2026 (5 filings since Feb 8, 2022)
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Carnival Corporation, latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Carnival Corporation, latest Mar 26, 2026 (4 filings since Feb 9, 2022)
  • Micky Meir Arison Filed SCHEDULE 13D/A on Carnival Corporation, latest Nov 26, 2025 (4 filings since Mar 1, 2022)
  • Truist Financial Filed SCHEDULE 13G/A on Carnival Corporation, latest Jul 16, 2025 (2 filings since Jul 15, 2025)
  • PUBLIC INVESTMENT FUND Filed SC 13G/A on Carnival Corporation, latest Feb 14, 2023
  • Capital World Investors Filed SC 13G/A on Carnival Corporation, latest Feb 11, 2022

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Carnival Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$464.0M12 Nov 30, 2025$535.0M12 Nov 30, 2024−13.3%
Property and equipment, before depreciation$67.5B12 Nov 30, 2025$63.9B12 Nov 30, 2024+5.6%
Accumulated depreciation$24.0B12 Nov 30, 2025$22.1B12 Nov 30, 2024+8.5%
Property and equipment, net$43.5B12 Nov 30, 2025$41.8B12 Nov 30, 2024+4.1%
Operating-lease assets (leased space)$1.3B12 Nov 30, 2025$1.4B12 Nov 30, 2024−2.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.9B12 Nov 30, 2025$1.2B12 Nov 30, 2024+59.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$579.0M12 Nov 30, 2025$579.0M12 Nov 30, 20240%
Intangible assets, net (excluding goodwill)$1.2B12 Nov 30, 2025$1.2B12 Nov 30, 2024+1.2%
Indefinite-lived intangibles (excluding goodwill)$1.2B12 Nov 30, 2025$1.2B12 Nov 30, 2024+1.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$505.0M12 Nov 30, 2025$507.0M12 Nov 30, 2024−0.4%

Properties, in its own words

Our headquarters and principal shoreside operations are located in owned/leased office buildings in Miami, Florida and in Southampton, England. We also own and/or lease a number of other offices across the U.S., Continental Europe and other locations throughout the world to support our brand operations globally. In 2025, we purchased a site to build and relocate our Miami, Florida headquarters.

Information about our cruise ships, including the number each of our cruise brands operate, as well as information regarding our cruise ships under construction may be found under Part I, Item 1. Business. C. “Our Global Cruise Business.” In addition, we own, lease or have controlling interests in port destinations, exclusive islands, hotels, and lodges.

Item 2 of the 10-K filed Jan 27, 2026.21

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Ted Arison in 1972.1

Carnival Corporation was founded as the privately owned Carnival Cruise Line in 1972. The company grew steadily throughout the 1970s and 1980s. It went public in 1987 with an initial public offering on the New York Stock Exchange (NYSE), and used the money to buy up competing cruise lines. Between 1989 and 1999, it acquired Holland America Line, Windstar Cruises, Westours, Seabourn Cruise Line, Costa Cruises and Cunard Line. It adopted the name Carnival Corporation in 1993, to distinguish the parent company from its flagship cruise line subsidiary.

P&O Princess Cruises plc was formed in 2000, after the demerger of the cruise ship division of the P&O group. Originating as the Peninsular and Oriental Steam Navigation Company in England in 1837, P&O operated the world's first commercial cruise ships. Restructuring of the P&O group in the 20th century led to its cruise operations being rebranded as P&O Cruises and P&O Cruises Australia, with the company acquiring Princess Cruises in 1974. Following the demerger in 2000, the company also acquired AIDA Cruises, as well as establishing the A'Rosa Cruises and Ocean Village brands.

In 2003, Carnival Corporation acquired P&O Princess Cruises plc. It was agreed that P&O Princess Cruises plc would remain a separate company, listed on the London Stock Exchange (LSE) and retaining its British shareholder body and management team. The company was renamed Carnival plc, with the operations of the two companies merged into one entity. Carnival Corporation and Carnival plc thereafter jointly owned all the operating companies in the Carnival group. Prior to Carnival Corporation's acquisition, P&O Princess Cruises plc had agreed to a merger with Royal Caribbean Cruises Ltd. The deal unraveled as Carnival Corporation initiated a hostile takeover with improved terms for British shareholders.

Carnival sold Windstar Cruises to Ambassadors Group in February 2007 and Swan Hellenic to Lord Sterling in March 2007.

In October 2015, CSSC Carnival Cruise Shipping, a joint venture between Carnival, the China Investment Corporation, and the China State Shipbuilding Corporation, was founded, with operations expected to commence in 2019.

In March 2018, Carnival Corporation announced its intention to invest in the construction of a new terminal in the port of Sasebo, Japan. Construction began in October 2019 and was expected to be open ahead of the Tokyo Olympic Games. While it was completed on schedule in 2020, the global COVID-19 pandemic halted cruise operations there until June 2024.

In June 2018, Carnival Corporation announced that it had acquired the White Pass and Yukon Route from TWC Enterprises Limited for US$290 million. The properties acquired were port, railroad and retail operations in Skagway, Alaska.

In 2023, Carnival Corporation sold their interest in Adora Cruises.

Read the full text

In May 2025, it was announced Carnival would move its headquarters from Doral and create a new campus where it would unite most of its North America team members in a single new headquarters to be built in the Waterford Business District, located in Miami-Dade County. It is scheduled to begin operations in 2028.

In December 2025, Carnival announced plans to simplify its corporate structure, with shares in Carnival plc being converted one-for-one into shares of Carnival Corporation, and the latter (previously incorporated in Panama) being reincorporated in Bermuda as Carnival Corporation Limited. As a result, the enterprise would give up Carnival plc's LSE and NYSE American depositary receipt listings, with the restructured Carnival maintaining a single listing on the NYSE. The company received court approval on May 1, 2026, allowing the scheme to proceed. Carnival announced the completion of this reorganization on May 7, 2026. This was done to enjoy Bermuda's tax benefits.

From Wikipedia’s article on Carnival Corporation, shared under CC BY-SA 4.0.8

Leadership

Who has led Carnival Corporation, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (32)

Products and brands

Operations

The Carnival group comprises nine cruise line brands and one cruise experience brand operating a combined fleet of 93 ships.

In June 2023, Carnival restructured its corporate umbrella and created six new separate units that have full executive control of the brands in their portfolio.

Carnival Cruise Line

Carnival Cruise Line – headquarters in Doral, Florida, U.S.

White Pass and Yukon Route

Read the full text

Carnival Australia – headquarters in Chatswood, New South Wales, Australia

Carnival Maritime

AIDA Cruises – headquarters in Rostock, Germany

Costa Cruises – headquarters in Genoa, Italy

Carnival UK

Cunard Line – headquarters in Southampton, UK

P&O Cruises – headquarters in Southampton, UK

Holland America Group

Holland America Line – headquarters in Seattle, Washington, U.S.

Seabourn Cruise Line – headquarters in Seattle, Washington, U.S.

Princess Cruises

Princess Cruises – headquarters in Santa Clarita, California, U.S.

Princess Tours

Brands and ships

AIDA Cruises

AIDA Cruises originated from the state-owned East German shipping conglomerate Deutsche Seereederei, established in Rostock, Germany, in 1952. The company entered the passenger market in the 1960s, but after the unification of Germany in 1990, the company was privatised and its passenger ships acquired by Deutsche Seetouristik. In 1996, the company launched its first new cruise ship AIDA, but after failing to achieve a profit, the ship was sold to Norwegian Cruise Line, continuing operations under a charter agreement.

In 1999, Deutsche Seetouristik was acquired by British shipping company P&O, with the AIDA name being repurchased from NCL. P&O formed AIDA Cruises as a subsidiary brand, with two new ships ordered to form a fleet. AIDA was renamed AIDAcara, with AIDAvita and AIDAaura launched in 2002 and 2003 respectively. Carnival ordered new builds due in 2030 and 2032.

Carnival Cruise Line

Carnival Cruise Line was founded in 1972 as a subsidiary of American International Travel Service (AITS), by Ted Arison and Meshulam Riklis. Due to mounting debts, Riklis sold his stake in the company to Arison for $1 in 1974. Through the acquisition of existing ships the company continued to grow. In 1980, Carnival ordered its first new commission, the Tropicale, which was completed in 1981/2. Three further ships were commissioned during the 1980s, the Holiday (1985), Jubilee (1986) and Celebration (1987).

In 1987, Carnival completed an initial public offering of 20 percent of its common stock on the New York Stock Exchange, raising approximately $400m in capital. The capital raised was used to finance acquisitions, so in 1993 the business was restructured as a holding company, under the name Carnival Corporation, with Carnival Cruise Line becoming its principal subsidiary.

Costa Cruises

Costa Cruises originates from a cargo shipping company founded by Giacomo Costa fu Andrea in Genoa, Italy in 1854. Better known as Costa Line or C Line by the 1920s, its first passenger carrier was Maria C, a former U.S. Navy stores ship that was partly converted for passenger use and served various routes to North and South America from 1947 to 1953. The company's first dedicated passenger ship was the Anna C, a cargo vessel that was requisitioned for war time use by the Royal Navy and refitted as an accommodation ship before returning to merchant use.

Costa purchased the ship in 1947 and it operated between Italy and South America from 1948, later converting to full-time cruising and serving with the company until 1971. From the late 1960s until the 1980s, Costa rapidly developed its passenger operations into what we now recognise as modern cruise ships. In 1987, it consolidated its cruise ship operations into a new company, Costa Cruises, which at its peak, was the largest cruise ship operator in the world.

The takeover of Costa Cruises by Carnival Corporation began in 1997, as a 50/50 deal between Carnival and the British tour operator Airtours. On January 13, 2012, Costa Concordia, a ship operated by the line, hit an underwater rock and ran aground in Isola del Giglio, Tuscany, resulting in 32 deaths. Investigations proved that the captain and general bad organization was responsible for the disaster, and the company was fined.

Cunard Line

The second oldest brand in the Carnival group after P&O, Cunard Line originated in 1840 and celebrated its 180th anniversary in 2020. It was founded by Samuel Cunard, who was awarded the first trans-Atlantic mail contract in 1837 and established the British and North American Royal Mail Steam-Packet Company in 1840. After initially dominating the trans-Atlantic route, the need for new capital led to the company being re-organised as the Cunard Steamship Company Ltd in 1879. The early 1900s saw increased competition for speed, particularly from Germany, which led the British government to subsidise the building of Mauretania and Lusitania, which both won the Blue Riband. Competition continued to increase however and by the early 1930s, Cunard was experiencing financial difficulties. To secure further government subsidy, it agreed to merge with its chief rival White Star Line, to form Cunard-White Star Line in 1934. Cunard later purchased the remaining White Star shares in 1947, reverting to the name Cunard Line in 1949. Cunard continued to operate independently until 1971, when it was acquired by the conglomerate Trafalgar House, which was in turn taken over by the Norwegian company Kværner in 1996. In 1998, Carnival Corporation purchased a controlling stake in Cunard, completing the acquisition in 1999 to become sole shareholder. Since that time, Cunard has been one of Carnival's most high-profile brands, with the continued popularity of the famous Queen Elizabeth 2, and the development of the world's largest transatlantic ocean liner, Queen Mary 2, which continues to be the flagship of the fleet.

Holland America Line

Holland America Line originated as Plate, Reuchlin & Company, founded in Rotterdam, Netherlands, in 1871. Initially struggling to survive, the company went public in 1873, renamed Nederlandsch Amerikaansche Stoomvaart Maatschappij (NASM). The company grew quickly in the early years, acquiring several new ships, including SS Rotterdam, which operated the company's first passenger cruise in 1895. The company also quickly became known by its shortened English name, Holland America Line. By the early 1900s, the company had separated its cargo and passenger operations, with its passenger ships being identifiable by names ending with dam, a tradition which continues with Holland America cruise ships today. The development of container shipping in the 1960s, forced the company to make a decision between investing in new cargo ships, or cruise ships. It ultimately sold its cargo operations, becoming exclusively a cruise ship company in 1973. Holland America continued to thrive well into the 1980s, consolidating its business with the acquisitions of Westours, Windstar Cruises and Home Lines. In 1989 however, it was itself the subject of an acquisition, when it was purchased in full by Carnival Corporation.

P&O Cruises

P&O Cruises was originally a subsidiary of the British shipping company P&O and was founded in 1977. Along with P&O Cruises Australia, it has the oldest heritage of any cruise line in the world, dating to P&O's first passenger operations in 1837. P&O Cruises was divested from P&O in 2000, subsequently becoming a subsidiary of P&O Princess Cruises, before coming under the ownership of Carnival Corporation & plc in 2003, following the merger between P&O Princess Cruises and Carnival Corporation. P&O Cruises is based in Southampton, England, and operates a fleet of seven ships, dedicated to serving the British market.

Ships on order

Carnival Corporation currently has ten ships under construction or under agreement.

Former brands

Adora Cruises - Established as a joint operation in 2015, sold their interest in 2023

A-Rosa Cruises – Established by P&O Princess in 2001, sold following the Carnival merger in 2003

Fathom – Established by the Carnival Corporation in 2015 – Ended cruise operations in 2017. Its functions were reduced to operating as a tour group until the end of 2018.

Fiesta Marina Cruises – Established by Carnival Corp in 1993, liquidated in 1994. The sole ship was sold to the Epirotiki Line.

Ibero Cruises – Established by Carnival Corp in 2003, liquidated in 2014 with ships transferred to Costa Cruises and Cruise & Maritime Voyages.

Ocean Village – Established by P&O Princess in 2003, liquidated in 2010 with ship transferred to P&O Cruises Australia

P&O Cruises Australia – Carnival subsidiary from 2003, absorbed into Carnival Cruise Line in 2025.

Swan Hellenic – P&O Princess subsidiary from 1983, liquidated in 2007 with ship transferred to Princess Cruises

Windstar Cruises – Carnival subsidiary from 1989, sold to Ambassadors International in 2007.

From Wikipedia’s article on Carnival Corporation, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

Also owns

Subsidiaries (GLEIF)

Also consolidated

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. 2015Fathom became a subsidiary1

Former names

  • CARNIVAL CORPMar 21, 1995 to Apr 29, 20267
  • CARNIVAL CRUISE LINES INCJan 21, 1994 to Jan 21, 19947

Timeline

  1. Sep 29, 20268-K Results of operations63
  2. Aug 5, 20268-K Regulation FD disclosure64
  3. Jun 23, 20268-K Results of operations65
  4. Aug 5, 2022New chief executive Joshua Ian Weinstein becomes CEO22
  5. Oct 8, 20218-K Other events66
  6. Oct 4, 20218-K Regulation FD disclosure67
  7. 2013New chief executive Arnold W. Donald becomes CEO1
  8. Dec 30, 2008New chief executive Gerald Raymond Cahill becomes CEO24
  9. Jun 28, 2007New chief executive David Dingle becomes CEO26
  10. Jun 28, 2007New chief executive Alan Buckelew becomes CEO25
  11. Feb 23, 2006New chief executive Stein Kruse becomes CEO28
  12. Feb 23, 2006New chief executive Peter Gervis Ratcliffe becomes CEO27
  13. 2003Went public Listed on NYSE1
  14. Oct 23, 2000Went public Listed on London Stock Exchange1
  15. 1972Founded Founded1

Calendar

Coming up

  1. Around Jan 5, 2027Next results, estimated About a quarter after its last report. The company hasn't announced the date.

When it reported results

  1. Sep 29, 2026Reported quarterly or annual results63
  2. Jun 23, 2026Reported quarterly or annual results65

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

231 filings to the SEC since October 2021: 2 quarterly reports, 5 major events, 140 insider forms, 18 large holders, 66 other. The latest 20:

  1. Sep 29, 2026S-3ASR EDGAR
  2. Sep 29, 202610-Q EDGAR
  3. Sep 29, 20268-K EDGAR
  4. Aug 26, 20264 OWNERSHIP DOCUMENT EDGAR
  5. Aug 5, 20268-K EDGAR
  6. Jul 27, 2026SCHEDULE 13G EDGAR
  7. Jun 26, 202610-Q EDGAR
  8. Jun 23, 20268-K EDGAR
  9. Jun 1, 20264 OWNERSHIP DOCUMENT EDGAR
  10. May 29, 2026SD EDGAR
  11. May 28, 2026144 EDGAR
  12. May 12, 20264 PRIMARY DOCUMENT EDGAR
  13. May 12, 20264 PRIMARY DOCUMENT EDGAR
  14. May 12, 20264 PRIMARY DOCUMENT EDGAR
  15. May 12, 20264 PRIMARY DOCUMENT EDGAR
  16. May 12, 20264 PRIMARY DOCUMENT EDGAR
  17. May 12, 20264 PRIMARY DOCUMENT EDGAR
  18. May 12, 20264 PRIMARY DOCUMENT EDGAR
  19. May 12, 20264 PRIMARY DOCUMENT EDGAR
  20. May 12, 20264 PRIMARY DOCUMENT EDGAR

The 231 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

16 open-market trades by officers, directors and large owners since October 2021: 3 buys and 13 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 28, 2026deynes bettina alejandraChief Human Resources OfficerSale43,058$28.10$1.2MForm 4
May 11, 2026SUBOTNICK STUARTDirectorSale0$25.22$5Form 4
Apr 1, 2026BAND SIR JONATHONDirectorSale11,988$26.19$314.0KForm 4
Mar 31, 2026BAND SIR JONATHONDirectorSale12$24.98$300Form 4
Feb 10, 2026Bernstein DavidCFO & CAOSale361,790$33.22$12.0MForm 4
Aug 5, 2025BAND SIR JONATHONDirectorSale12,500$29.75$371.9KForm 4
May 15, 2025Bernstein DavidCFO & CAOSale105,010$22.84$2.4MForm 4
Oct 29, 2024BAND SIR JONATHONDirectorSale17,500$21.72$380.1KForm 4
Feb 15, 2024Bernstein DavidCFO & CAOSale153,995$15.37$2.4MForm 4
Jan 19, 2024Bernstein DavidCFO & CAOSale34,020$17.05$580.0KForm 4
Oct 19, 2023WEISENBURGER RANDALL JDirectorBuy100,000$11.50$1.1MForm 4
Oct 10, 2023WEISENBURGER RANDALL JDirectorBuy350,000$12.99$4.5MForm 4
Feb 21, 2023Bernstein DavidCFO & CAOSale107,119$11.08$1.2MForm 4
May 25, 2022WEISENBURGER RANDALL JDirectorBuy100,000$11.76$1.2MForm 4
Jan 28, 2022DONALD ARNOLD WPresident & CEOSale95,796$19.08$1.8MForm 4
Jan 20, 2022Bernstein DavidCFO & CAOSale7,670$21.38$164.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

24 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−14.6%Report
Oct 9, 2025Byron DonaldsRepublican, HouseBuy$1,001 - $15,000−24.0%Report
Oct 9, 2025Byron DonaldsRepublican, HouseBuy$1,001 - $15,000−24.0%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+15.3%Report
May 8, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000−8.7%Report
Apr 7, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000−4.6%Report
Mar 14, 2025Susie LeeDemocratic, HouseSale$1,001 - $15,000+7.1%Report
May 14, 2024Gary C. PetersDemocratic, SenateSale$1,001 - $15,000−30.9%Report
Apr 29, 2024Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000−19.9%Report
Jul 27, 2023Tommy TubervilleRepublican, SenateSale$1,001 - $15,000−28.4%Report
Jun 13, 2023Tommy TubervilleRepublican, SenatePartial sale$1,001 - $15,000−7.9%Report
Jun 13, 2023Tommy TubervilleRepublican, SenatePartial sale$1,001 - $15,000−7.9%Report
Jul 2, 2021Marie Newman, HouseBuy$1,001 - $15,000−78.6%Report
May 20, 2021Thomas R. SuozziDemocratic, HouseSale$15,001 - $50,000+91.8%Report
Mar 4, 2021Thomas R. SuozziDemocratic, HouseBuy$15,001 - $50,000−110.4%Report
Sep 16, 2020Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−70.4%Report
Jul 8, 2020Susie LeeDemocratic, HouseSale$1,001 - $15,000+75.0%Report
Jul 6, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−77.5%Report
Mar 25, 2020James R. Langevin, HouseBuy$1,001 - $15,000−146.2%Report
Mar 13, 2020Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+139.2%Report
Jan 10, 2020Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−183.9%Report
Dec 10, 2019Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+189.0%Report
Apr 11, 2019Rick W. AllenRepublican, HouseSale$1,001 - $15,000+218.4%Report
Jan 29, 2018Rick W. AllenRepublican, HouseBuy$1,001 - $15,000−235.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Carnival Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCarnival Corp Ltd.2
  • CIK0000815097
  • Employer ID (EIN)59-156297621
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company21
  • Incorporated inPanama21
  • Fiscal year endsNovember 302
  • Industry code (SIC)4400 Water Transportation2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address3655 Nw 87Th Ave, Po Box 1347, Miami, FL 33178-24282
  • Mailing address3655 Nw 87Th Ave, Po Box 1347, Miami, FL 331782
  • Phone30559926002
  • Shares outstanding1,236,706,612 shares; 188,486,684 Carnival Public Limited Company shares as of Jan 13, 202621
  • Public float$25.1B as of May 31, 202521
  • AuditorDeloitte & Touche LLP, Miami, Florida PCAOB ID 34; it also attests to the company’s internal control over financial reporting21
  • On EDGAR sinceJan 21, 19942
  • Filings2,684 in all: 4 (1,642), 8-K (317), 10-Q (96), 425 (70), SC 13G/A (54), 424B3 (43), 3 (41), SC 13D/A (39)2
    All 62 form types

    10-K (32), DEF 14A (32), DEFA14A (21), SC 13G (21), 424B5 (20), UPLOAD (19), PRE 14A (17), 4/A (16), CORRESP (16), ARS (15), 424B2 (12), S-8 (12), FWP (11), 144 (10), S-3 (10), S-3/A (10), 5 (9), S-3ASR (8), SD (7), 10-K/A (6), S-4/A (6), S-8 POS (6), S-4 (5), 25-NSE (4), 8-A12B (4), 8-K/A (4), SC TO-I/A (4), 25 (3), 424B1 (3), POS AM (3), SC 13D (3), SCHEDULE 13G/A (3), 10-Q/A (2), 8-A12B/A (2), CERTNYS (2), S-3D (2), SC TO-I (2), SC TO-T/A (2), SCHEDULE 13G (2), SEC STAFF LETTER (2), 3/A (1), 424B4 (1), 8A12BEF (1), CERT (1), DEFM14A (1), DRS (1), EFFECT (1), IRANNOTICE (1), NO ACT (1), POSASR (1), PRER14A (1), S-3DPOS (1), SC TO-T (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Jan 27, 2026
    Quarterly report (10-Q) Sep 29, 2026
    Proxy statement (DEF 14A) Feb 27, 2026
    Latest 8-K (8-K) Sep 29, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock ($0.01 par value)CCLNew York Stock Exchange
Ordinary Shares each represented by American Depositary Shares ($1.66 par value)CUKNew York Stock Exchange
1.000% Senior Notes due 2029CUK29New York Stock Exchange LLC

From the cover page of the 10-K filed Jan 27, 2026 (Section 12(b) of the Exchange Act).21

Risk factors and legal proceedings

The risks Carnival Corporation names in Item 1A of its 10-K filed Jan 27, 2026: 16 risks under these headings, as written.21

  • Operational Risk Factors
  • a.Events and conditions around the world, including geopolitical uncertainty, war and other military actions, pandemics, inflation, higher interest rates and other general concerns impacting the ability or desire of people to travel could lead to a decline in demand for cruises as well as have significant negative impacts on our financial condition and operations.
  • b. Incidents concerning our ships, guests or the cruise industry may negatively impact the satisfaction of our guests and crew and lead to reputational damage.
  • c. Adverse weather conditions or an increase in the frequency and/or severity of adverse weather conditions could have a material impact on our business and results of operations.
  • d. Our targets, goals, aspirations, initiatives, public statements and disclosures, including those related to sustainability matters, may expose us to risks that may adversely impact our business.
  • e. Cybersecurity incidents and data privacy breaches, as well as disruptions and other damages to our principal and other offices, information technology operations and system networks and failure to keep pace with developments in technology may adversely impact our business operations, the satisfaction of our guests and crew and may lead to fines, penalties and reputational damage.
  • f. Our debt requires a significant amount of cash to service and our ability to generate sufficient cash depends on many factors, some of which may be beyond our control. Our financial condition and operations could be adversely impacted if we are unable to service our debt or satisfy our covenants.
  • g. Increases in fuel costs, changes in the types of fuel consumed and availability of fuel supply may adversely impact our scheduled itineraries and costs.
  • h. The loss of key team members, our inability to recruit or retain qualified shoreside and shipboard team members and increased labor costs could have an adverse effect on our business and results of operations.
  • i. We rely on suppliers who are integral to the operations of our businesses. These suppliers and service providers may be unable to deliver on their commitments, which could negatively impact our business.
  • j. Fluctuations in foreign currency exchange rates may adversely impact our financial results.
  • k. Our investments in port destinations and exclusive islands may expose us to additional risks.
The other 5 risks
  • l. Overcapacity and competition in the cruise and land-based vacation industry may negatively impact our cruise sales, pricing and destination options.
  • m. Inability to implement our shipbuilding programs and ship repairs, maintenance and refurbishments may adversely impact our business operations and the satisfaction of our guests.
  • Compliance and Regulatory Risk Factors
  • a. Changes in and non-compliance with laws and regulations under which we operate, such as those relating to health, environment, safety and security, data privacy and protection, anti-money laundering, anti-corruption, economic sanctions, trade protection measures, labor and employment, and tax may be costly and lead to litigation, enforcement actions, fines, penalties and reputational damage.
  • b. Factors associated with sustainability and the impact of GHG and other emissions on the environment could have a material impact on our business and operating results.
  • c. We may not successfully complete the proposed unification of our DLC structure and the migration of Carnival Corporation’s legal incorporation to Bermuda, or, if we do, we may not realize the anticipated benefits and will be subject to Bermuda law, which differs in some respects compared to our current jurisdictions.

Legal proceedings

The legal proceedings described in Note 6 - “Contingencies”, are shown in Part II, Item 8. Financial Statements and Supplementary Data, in this Form 10-K. Additionally, SEC rules require disclosure of certain environmental matters when a governmental authority is a party to the proceedings and such proceedings involve potential monetary sanctions that we believe will exceed $1 million for such proceedings.

On June 20, 2022, Princess Cruises notified the Australian Maritime Safety Authorization (“AMSA”) and the flag state, Bermuda, regarding approximately six cubic meters of comminuted food waste (liquid biodigester effluent) inadvertently released by Coral Princess inside the Great Barrier Reef Marine Park. On May 31, 2023, we received a summons from the Australia Federal Prosecution Service indicating that formal charges would be pursued against Princess Cruises and the Captain of the vessel. On November 17, 2025, Princess Cruises entered a guilty plea, and the charges against the Captain were accordingly dismissed. The Magistrates Court of Queensland imposed an immaterial fine against Princess Cruises. This matter is now concluded.

On February 5, 2024, P&O Cruises (Australia) notified the AMSA and the UK Marine Accident Investigation Branch that a small amount of oil may have inadvertently contaminated grey water which was discharged by Pacific Adventure in the Great Barrier Reef Marine Park, Queensland. We intend to cooperate with any inquiries from governmental authorities. We believe the ultimate outcome will not have a material impact on our consolidated financial statements.

The opening of Item 3, Legal Proceedings.21

Sources

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