Carnival Corporation (CCL)

Pretax margin

Nov 30, 2025 Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 2,772,000 2,657,000 2,543,000 2,057,000 1,914,000 1,586,000 908,000 410,000 -62,000 -1,625,000 -3,449,000 -4,878,000 -6,080,000 -7,102,000 -9,202,000 -9,431,000 -9,522,000 -9,135,000 -9,137,000 -11,462,000
Revenue (ttm) US$ in thousands 26,621,000 26,229,000 25,972,000 25,425,000 25,022,000 24,480,000 23,438,000 22,568,000 21,594,000 20,037,000 17,489,000 14,979,000 12,169,000 9,617,000 5,857,000 3,505,000 1,908,000 654,000 139,000 830,000
Pretax margin 10.41% 10.13% 9.79% 8.09% 7.65% 6.48% 3.87% 1.82% -0.29% -8.11% -19.72% -32.57% -49.96% -73.85% -157.11% -269.07% -499.06% -1,396.79% -6,573.38% -1,380.96%

November 30, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,772,000K ÷ $26,621,000K
= 10.41%


Peer comparison

Nov 30, 2025

Company name
Symbol
Pretax margin
Carnival Corporation
CCL
10.41%
Royal Caribbean Cruises Ltd
RCL
24.00%