CCLCarnival Corporation
Price
-15%1YEnd-of-day closes, not the intraday tick.
Survival is the story here: start there
Quality strong, hard red flags, undemanding price, growth steady, the market undecided.
Carnival Corporation and Carnival plc operate a dual listed company (“DLC”) arrangement, whereby the businesses of Carnival Corporation and Carnival plc are combined through a number of contracts and provisions in Carnival Corporation’s Articles of Incorporation and By-Laws and Carnival plc’s Articles of Association. The two companies operate as a single economic enterprise with a single senior management team and identical Boards of Directors, but each has retained its separate legal identity.
In the company’s own words · 10-K filed Jan 27, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Carnival Corporation (CCL) reported revenue of $8.44B in Q3 2026 (quarter ended Aug 31, 2026), up 3.5% from the same quarter a year earlier. That came with net income of $1.92B (23% of revenue). For the full year FY2025, revenue was $26.6B (+6.4% year on year) and net income $2.76B. Its largest segment in Q2 2026 (quarter ended May 31, 2026) was North America at $4.41B, 66% of the disclosed total, well ahead of Europe at 32%. The next results filing is expected around Dec 18, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- May 7, 2026The DLC Unification and Redomiciliation Transactions were implemented by way of a Court-approved scheme of arrangement under Part 26 of the UK Companies Act 2006 (the “Scheme of Arrangement”) between Carnival plc and the holders of Carnival plc Shares subject to the scheme of arrangement (the “Scheme Shareholders”)Material agreement terminated · Form 8-K
- Feb 20, 2026Unification Agreement On February 20, 2026, Carnival Corporation and Carnival plc entered into a unification agreement (the “Unification Agreement”)Material agreement entered · Form 8-K
- Feb 12, 2026Amendment No. 1 to the Amended and Restated Deposit Agreement On February 12, 2026, Carnival plc, a public limited company organized under the laws of England and Wales (the “Company”), entered into Amendment No. 1 (the “Amendment”) to the Amended and Restated Deposit Agreement, dated as of April 21, 2003 (the …Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q2 2026 · $6.66BThe company’s own SEC segment disclosure.
- North America$4.41B66%
- Europe$2.12B32%
- Cruise$95.0M1%
- Tour And Other$34.0M1%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Travel Services
The closest names by size in the same industry