Stock Analysis on Net

Carnival Corp. & plc (NYSE:CCL)

$22.49

This company has been moved to the archive! The financial data has not been updated since March 27, 2024.

Net Profit Margin
since 2005

Microsoft Excel

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Carnival Corp. & plc, net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).

1 US$ in millions


The financial data reveals several important trends and shifts over the analyzed period, highlighting both growth phases and periods of significant decline.

Net Income (Loss)
From 2005 through 2019, net income generally exhibited an overall positive trajectory with fluctuations. Net income increased from $2,257 million in 2005 to a peak of $3,152 million in 2018, followed by a slight decrease but still robust levels through 2019. However, a dramatic decline occurs starting in 2020, where net income turns profoundly negative, plunging to -$10,236 million. This negative trend slightly improves but remains deeply negative through 2023, with losses narrowing to -$74 million.
Revenues
Revenues steadily increased from $11,087 million in 2005 to a peak of $20,825 million in 2019, reflecting consistent growth over this period. The data demonstrates a general upward trend with some years of stabilization, such as between 2012 and 2014. Following 2019, revenues sharply fell to $5,595 million in 2020, likely associated with adverse conditions impacting operations. Revenues partially recovered in subsequent years, rising to $21,593 million by 2023, surpassing the pre-2020 peak.
Net Profit Margin
The profit margin trend mirrors the net income pattern, starting at 20.36% in 2005 and gradually declining to a low of 6.97% in 2013, indicating squeezed profitability despite revenue growth during part of that period. There is some improvement afterwards, with margins reaching around 16.69% in 2018. The margin collapses to large negative values from 2020 onward, reaching -497.96% in 2021, reflecting significant losses relative to revenue during this period. The margin improves afterward but remains negative and near zero at -0.34% by 2023.

In summary, the data displays a period of sustained growth in both revenues and profitability until 2019, followed by a sudden and severe downturn in 2020 causing substantial losses and margin collapse. The subsequent years see a gradual recovery in revenues and profitability levels, although profitability remains compromised compared to the pre-2020 period. This pattern likely points to an extraordinary event impacting the company around 2020, with a recovery phase underway by 2023.


Comparison to Competitors

Carnival Corp. & plc, net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).


Comparison to Sector (Consumer Services)

Carnival Corp. & plc, net profit margin, long-term trends, comparison to sector (consumer services)

Microsoft Excel

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).


Comparison to Industry (Consumer Discretionary)

Carnival Corp. & plc, net profit margin, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2023-11-30), 10-K (reporting date: 2022-11-30), 10-K (reporting date: 2021-11-30), 10-K (reporting date: 2020-11-30), 10-K (reporting date: 2019-11-30), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-11-30), 10-K (reporting date: 2016-11-30), 10-K (reporting date: 2015-11-30), 10-K (reporting date: 2014-11-30), 10-K (reporting date: 2013-11-30), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-11-30), 10-K (reporting date: 2010-11-30), 10-K (reporting date: 2009-11-30), 10-K (reporting date: 2008-11-30), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-11-30), 10-K (reporting date: 2005-11-30).