Carnival Corporation (CCL)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 2,761,000 2,642,000 2,525,000 2,052,000 1,916,000 1,565,000 904,000 405,000 -74,000 -1,624,000 -3,468,000 -4,895,000 -6,093,000 -7,115,000 -9,181,000 -9,419,000 -9,501,000 -9,103,000 -9,125,000 -11,427,000
Total stockholders’ equity US$ in thousands 12,284,000 11,928,000 10,008,000 9,183,000 9,252,000 8,597,000 6,814,000 6,682,000 6,882,000 6,960,000 5,864,000 6,169,000 7,064,000 8,379,000 8,260,000 10,311,000 12,145,000 14,863,000 17,877,000 19,814,000
ROE 22.48% 22.15% 25.23% 22.35% 20.71% 18.20% 13.27% 6.06% -1.08% -23.33% -59.14% -79.35% -86.25% -84.91% -111.15% -91.35% -78.23% -61.25% -51.04% -57.67%

November 30, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,761,000K ÷ $12,284,000K
= 22.48%


Peer comparison

Nov 30, 2025

Company name
Symbol
ROE
Carnival Corporation
CCL
22.48%
Royal Caribbean Cruises Ltd
RCL
42.57%

See also:

Carnival Corporation Return on Equity (ROE) (Quarterly Data)