Carnival Corporation (CCL)
Return on total capital
| Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 4,121,000 | 3,670,000 | 2,004,000 | -4,471,000 | -7,921,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 12,284,000 | 9,252,000 | 6,882,000 | 7,064,000 | 12,145,000 |
| Return on total capital | 33.55% | 39.67% | 29.12% | -63.29% | -65.22% |
November 30, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $4,121,000K ÷ ($—K + $12,284,000K)
= 33.55%
Peer comparison
Nov 30, 2025
Company name
Symbol
Return on total capital
Carnival Corporation
CCL
33.55%
Royal Caribbean Cruises Ltd
RCL
—