Carnival Corporation (CCL)

Net profit margin

		Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Net income	US$ in thousands	1,916,000	-74,000	-6,093,000	-9,501,000	-10,236,000
Revenue	US$ in thousands	24,945,000	19,429,000	10,558,000	1,908,000	4,236,000
Net profit margin		7.68%	-0.38%	-57.71%	-497.96%	-241.64%

November 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,916,000K ÷ $24,945,000K
= 7.68%

Based on the data provided, Carnival Corporation's net profit margin has shown significant fluctuations over the past five years. The company reported negative net profit margins in the range of -241.64% to -497.96% in November 30, 2020, and November 30, 2021, indicating that the company incurred losses exceeding its total revenue during these periods.

However, there was a notable improvement in the net profit margin in the subsequent years. By November 30, 2024, Carnival Corporation achieved a positive net profit margin of 7.68%, a significant turnaround from the previous years of losses. This improvement suggests that the company was able to effectively manage its costs and generate higher profits relative to its revenue.

Despite the positive trend in the most recent year, it is essential to closely monitor Carnival Corporation's financial performance to ensure sustained profitability and long-term growth.