Carnival Corporation (CCL)
Profitability ratios
Return on sales
| 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 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.09% | 34.22% | 31.06% | 27.97% | 26.26% | 56.05% | 52.82% | 50.44% | 50.18% | -30.72% | -106.55% | -207.94% | -420.57% | -767.43% | -3,584.89% | -901.39% | -69.51% | -8.81% | 23.57% | 35.90% |
| Operating profit margin | 14.61% | 14.48% | 13.02% | 11.77% | 10.07% | 2.44% | -9.46% | -23.18% | -41.46% | -65.75% | -154.50% | -283.07% | -560.92% | -1,045.72% | -5,118.71% | -1,493.21% | -165.52% | -67.00% | -15.24% | 10.50% |
| Pretax margin | 7.83% | 6.77% | 4.17% | 2.01% | -0.31% | -9.08% | -22.24% | -36.96% | -57.57% | -90.91% | -205.63% | -378.30% | -753.32% | -1,396.79% | -6,572.66% | -1,768.67% | -191.41% | -75.35% | -17.51% | 9.43% |
| Net profit margin | 7.83% | 6.67% | 4.14% | 1.98% | -0.38% | -9.08% | -22.37% | -37.09% | -57.70% | -91.08% | -205.16% | -377.82% | -751.66% | -1,391.90% | -6,564.75% | -1,763.43% | -191.09% | -75.48% | -17.88% | 9.03% |
Carnival Corporation's profitability ratios have shown significant fluctuations over the past few years.
- Gross profit margin: The gross profit margin has improved consistently from negative percentages in early 2022 to positive percentages in 2023 and 2024. This indicates that the company has been able to effectively control its cost of goods sold and generate more revenue per dollar of sales.
- Operating profit margin: The operating profit margin also experienced a turnaround, moving from negative percentages in 2020 and 2021 to positive percentages in 2023 and 2024. This indicates that the company was able to better manage its operating expenses and improve operational efficiency.
- Pretax margin: The pretax margin also shows a similar trend of improvement, turning from negative percentages to positive percentages by 2024. This suggests that the company has been able to generate more income before accounting for taxes, showing a positive sign for overall financial health.
- Net profit margin: The net profit margin has followed a similar trajectory as the other profitability ratios, with negative percentages turning into positive percentages by 2024. This indicates that the company has been able to translate its revenue into profits more effectively, potentially signaling better financial management and performance.
Overall, the improving profitability ratios suggest that Carnival Corporation has made significant progress in enhancing its financial performance and efficiency over the analyzed period.
Return on investment
| 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 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.29% | 6.82% | 5.73% | 4.83% | 3.98% | 0.88% | -2.83% | -5.88% | -8.47% | -9.89% | -13.05% | -13.24% | -13.29% | -12.78% | -12.92% | -16.91% | -16.54% | -13.26% | -5.05% | 4.64% |
| Return on assets (ROA) | 3.91% | 3.14% | 1.82% | 0.81% | -0.15% | -3.26% | -6.69% | -9.42% | -11.78% | -13.70% | -17.33% | -17.68% | -17.81% | -17.01% | -16.57% | -19.97% | -19.10% | -14.94% | -5.93% | 3.99% |
| Return on total capital | 10.11% | 9.71% | 8.33% | 6.84% | 5.67% | 1.16% | -3.96% | -7.98% | -11.46% | -15.16% | -20.52% | -19.55% | -19.48% | -18.07% | -17.43% | -22.06% | -21.92% | -18.17% | -7.15% | 6.36% |
| Return on equity (ROE) | 20.71% | 18.20% | 13.27% | 6.06% | -1.08% | -23.33% | -59.13% | -79.34% | -86.24% | -84.91% | -111.15% | -91.35% | -78.24% | -61.25% | -51.05% | -57.67% | -49.79% | -38.92% | -14.17% | 7.71% |
Based on the provided data, Carnival Corporation's profitability ratios have shown improvement over the past few years.
- The Operating return on assets has increased steadily from -16.91% on February 28, 2021, to 7.29% on November 30, 2024. This indicates that the company is generating more profit from its assets over time.
- The Return on assets (ROA) shows a similar trend, with the ratio improving from -19.97% on February 28, 2021, to 3.91% on November 30, 2024, reflecting better efficiency in asset utilization.
- The Return on total capital has also displayed a positive trajectory, rising from -22.06% on February 28, 2021, to 10.11% on November 30, 2024, suggesting that the company is generating higher returns from its total capital employed.
- Lastly, the Return on equity (ROE) has shown significant improvement, turning from negative values to positive ones. The ROE increased from -91.35% on February 28, 2022, to 20.71% on November 30, 2024, signaling a recovering profitability and shareholder value.
Overall, Carnival Corporation's profitability ratios have demonstrated an upward trend, indicating better financial performance and sustainable growth potential in the future.