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Carnival Corp

NYSE: CCL · USD

Carnival Corp cash flow and EPS41

Operating cash flow, capital investment, free cash flow and earnings per share.

Capital allocation

% of tracked cash uses

$1,081M
Carnival Corp capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2009 Q391.21% · $446MUnavailable8.79% · $43M0% · $0MUnavailable100% · $489M
FY 2009 Q487.79% · $978MUnavailable12.21% · $136M0% · $0MUnavailable100% · $1,114M
FY 2010 Q195.2% · $1,169MUnavailable4.8% · $59M0% · $0MUnavailable100% · $1,228M
FY 2010 Q275.45% · $999MUnavailable18.58% · $246M5.97% · $79MUnavailable100% · $1,324M
FY 2016 Q331.67% · $450MUnavailable49.89% · $709M18.44% · $262MUnavailable100% · $1,421M
FY 2016 Q457.07% · $646MUnavailable20.32% · $230M22.61% · $256MUnavailable100% · $1,132M
FY 2017 Q156.05% · $412MUnavailable9.39% · $69M34.56% · $254MUnavailable100% · $735M
FY 2017 Q281.16% · $1,447MUnavailable4.66% · $83M14.19% · $253MUnavailable100% · $1,783M
FY 2017 Q349.66% · $437MUnavailable17.39% · $153M32.95% · $290MUnavailable100% · $880M
FY 2017 Q454.68% · $648MUnavailable20.84% · $247M24.47% · $290MUnavailable100% · $1,185M
FY 2018 Q151.48% · $574MUnavailable19.55% · $218M28.97% · $323MUnavailable100% · $1,115M
FY 2018 Q272.47% · $1,627MUnavailable13.14% · $295M14.39% · $323MUnavailable100% · $2,245M
FY 2018 Q335.72% · $583MUnavailable42.4% · $692M21.88% · $357MUnavailable100% · $1,632M
FY 2018 Q461.08% · $965MUnavailable16.65% · $263M22.28% · $352MUnavailable100% · $1,580M
FY 2019 Q177.39% · $2,129MUnavailable9.96% · $274M12.65% · $348MUnavailable100% · $2,751M
FY 2019 Q269.69% · $892MUnavailable3.28% · $42M27.03% · $346MUnavailable100% · $1,280M
FY 2019 Q345.91% · $427MUnavailable16.77% · $156M37.31% · $347MUnavailable100% · $930M
FY 2019 Q480.59% · $1,981MUnavailable5.33% · $131M14.08% · $346MUnavailable100% · $2,458M
FY 2020 Q178.83% · $1,326MUnavailable0.71% · $12M20.45% · $344MUnavailable100% · $1,682M
FY 2020 Q249.78% · $342MUnavailable0% · $0M50.22% · $345MUnavailable100% · $687M
FY 2020 Q3100% · $231MUnavailable0% · $0M0% · $0MUnavailable100% · $231M
FY 2020 Q4100% · $1,721MUnavailable0% · $0M0% · $0MUnavailable100% · $1,721M
FY 2021 Q1100% · $1,774MUnavailable0% · $0M0% · $0MUnavailable100% · $1,774M
FY 2021 Q2100% · $383MUnavailable0% · $0M0% · $0MUnavailable100% · $383M
FY 2021 Q391.11% · $963MUnavailable8.89% · $94M0% · $0MUnavailable100% · $1,057M
FY 2021 Q4100% · $487MUnavailableUnavailable0% · $0MUnavailable100% · $487M
FY 2022 Q1100% · $2,730MUnavailableUnavailableUnavailableUnavailable100% · $2,730M
FY 2022 Q2100% · $491MUnavailableUnavailableUnavailableUnavailable100% · $491M
FY 2022 Q3100% · $538MUnavailableUnavailableUnavailableUnavailable100% · $538M
FY 2022 Q4100% · $1,181MUnavailableUnavailableUnavailableUnavailable100% · $1,181M
FY 2023 Q1100% · $1,075MUnavailableUnavailableUnavailableUnavailable100% · $1,075M
FY 2023 Q2100% · $697MUnavailableUnavailableUnavailableUnavailable100% · $697M
FY 2023 Q3100% · $837MUnavailableUnavailableUnavailableUnavailable100% · $837M
FY 2023 Q4100% · $675MUnavailableUnavailableUnavailableUnavailable100% · $675M
FY 2024 Q1100% · $2,138MUnavailableUnavailableUnavailableUnavailable100% · $2,138M
FY 2024 Q2100% · $1,319MUnavailableUnavailableUnavailableUnavailable100% · $1,319M
FY 2024 Q3100% · $577MUnavailableUnavailableUnavailableUnavailable100% · $577M
FY 2024 Q4100% · $592MUnavailableUnavailableUnavailableUnavailable100% · $592M
FY 2025 Q1100% · $607MUnavailableUnavailable0% · $0MUnavailable100% · $607M
FY 2025 Q2100% · $851MUnavailableUnavailable0% · $0MUnavailable100% · $851M
FY 2025 Q3100% · $647MUnavailableUnavailableUnavailableUnavailable100% · $647M
FY 2025 Q4100% · $1,506MUnavailableUnavailableUnavailableUnavailable100% · $1,506M
FY 2026 Q173.13% · $566MUnavailableUnavailable26.87% · $208MUnavailable100% · $774M
FY 2026 Q280.94% · $875MUnavailableUnavailable19.06% · $206MUnavailable100% · $1,081M
Aug 31, 2009 through May 31, 2026

Latest period omits acquisitions, buybacks, debt repayments. Percentages cover tracked uses. SBC is noncash and excluded.

Operating cash flow

USD millions

$2,630M

Capital expenditures

USD millions

$875M

Free cash flow

USD millions

$1,755M

Stock-based compensation

USD millions

$22M

SBC / free cash flow

% · FCF before SBC deduction

1.25%

SBC / operating cash flow

%

0.84%

Software & intangible investment

USD millions

—

Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.

Diluted EPS

USD per share

$0.39

Quarterly data

Carnival Corp cash-flow history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedOperating cash flowUSD millionsCapital expendituresUSD millionsFree cash flowUSD millionsStock-based compensationUSD millionsSBC / free cash flow%SBC / operating cash flow%Software & intangible investmentUSD millionsDiluted EPSUSD per share
FY 2026 Q2May 31, 20262,6308751,755221.25%0.84%—$0.39
FY 2026 Q1Feb 28, 20261,263566697284.02%2.22%—$0.19
FY 2025 Q4Nov 30, 20251,5181,5061228233.33%1.84%——
FY 2025 Q3Aug 31, 20251,383647736253.4%1.81%—$1.33
FY 2025 Q2May 31, 20252,3928511,541271.75%1.13%—$0.42
FY 2025 Q1Feb 28, 2025925607318185.66%1.95%—$-0.06
FY 2024 Q4Nov 30, 2024911592319154.7%1.65%——
FY 2024 Q3Aug 31, 20241,205577628172.71%1.41%—$1.26
FY 2024 Q2May 31, 20242,0391,319720192.64%0.93%—$0.07
FY 2024 Q1Feb 29, 20241,7682,138-37011—0.62%—$-0.17
FY 2023 Q4Nov 30, 2023922675247104.05%1.08%——
FY 2023 Q3Aug 31, 20231,834837997121.2%0.65%—$0.79
FY 2023 Q2May 31, 20231,137697440225%1.93%—$-0.32
FY 2023 Q1Feb 28, 20233881,075-6879—2.32%—$-0.55
FY 2022 Q4Nov 30, 2022-1171,181-1,29822————
FY 2022 Q3Aug 31, 2022-344538-88225———$-0.65
FY 2022 Q2May 31, 20223491-48828—933.33%—$-1.61
FY 2022 Q1Feb 28, 2022-1,2122,730-3,94226———$-1.66
FY 2021 Q4Nov 30, 2021-368487-85526————
FY 2021 Q3Aug 31, 2021-879963-1,84229———$-2.5
FY 2021 Q2May 31, 2021-1,359383-1,74226———$-1.83
FY 2021 Q1Feb 28, 2021-1,5031,774-3,27740———$-1.8
FY 2020 Q4Nov 30, 2020-1,6521,721-3,37353————
FY 2020 Q3Aug 31, 2020-2,845231-3,07614———$-3.69
FY 2020 Q2May 31, 2020-2,720342-3,06218———$-6.07
FY 2020 Q1Feb 29, 20209161,326-41020—2.18%—$-1.14
FY 2019 Q4Nov 30, 20191,0611,981-9208—0.75%——
FY 2019 Q3Aug 31, 20191,245427818111.34%0.88%—$2.58
FY 2019 Q2May 31, 20192,0538921,16170.6%0.34%—$0.65
FY 2019 Q1Feb 28, 20191,1162,129-1,01320—1.79%—$0.48
FY 2018 Q4Nov 30, 20181,1139651481610.81%1.44%——
FY 2018 Q3Aug 31, 20181,349583766172.22%1.26%—$2.41
FY 2018 Q2May 31, 20182,0231,627396143.54%0.69%—$0.78
FY 2018 Q1Feb 28, 20181,064574490183.67%1.69%—$0.54
FY 2017 Q4Nov 30, 20171,024648376153.99%1.46%——
FY 2017 Q3Aug 31, 20171,4494371,012141.38%0.97%—$1.83
FY 2017 Q2May 31, 20171,9171,447470142.98%0.73%—$0.52
FY 2017 Q1Feb 28, 2017932412520203.85%2.15%—$0.48
FY 2016 Q4Nov 30, 20161,024646378153.97%1.46%——
FY 2016 Q3Aug 31, 20161,429450979121.23%0.84%—$1.93
FY 2010 Q2May 31, 20101,39899939982.01%0.57%—$0.32
FY 2010 Q1Feb 28, 20103961,169-77315—3.79%—$0.22
FY 2009 Q4Nov 30, 2009712978-2669—1.26%——
FY 2009 Q3Aug 31, 20091,18944674391.21%0.76%—$1.33
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

FCF subtracts reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Acquisitions and noncash lease additions are excluded. EPS and weighted shares are not summed across quarters. Annual figures use annual reports.

SBC / FCF always uses FCF before SBC deduction; both SBC ratios compare amounts from the same period. A zero or negative cash-flow denominator is undefined, and values above 100% are retained.

Each reported nonnegative cash use / sum of available tracked nonnegative cash uses × 100. Missing categories are omitted, never set to zero. This is the composition of tracked uses, not a complete cash-flow reconciliation or a percentage of OCF. SBC is noncash and excluded. Negative amounts are excluded as reversals or net receipts; they are not converted to spending. Annual bars use reported annual amounts. Turning off a category hides its share without changing the denominator. Debt repayments prefer a reported aggregate, with long-term or convertible-only scope identified in the tooltip. Acquisitions are net of cash acquired. Dividend payments use the aggregate where reported, including dividend equivalents when part of that concept.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Market prices: Yahoo Finance · CCL, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Operating cash flow
Reported net cash provided by or used in operating activities.
Capital expenditures
Reported cash capital investment. Uses purchases of property, plant and equipment where disclosed; otherwise purchases of productive assets, which can also include software and intangibles. Excludes acquisitions and noncash lease additions.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Stock-based compensation
Reported share-based compensation addback in the cash-flow statement. Missing disclosure is not treated as zero.
SBC / free cash flow
Reported share-based compensation / (operating cash flow − cash capital investment) × 100, for the same fiscal period. Always uses FCF before SBC deduction. Zero or negative FCF is undefined; values above 100% are retained.
SBC / operating cash flow
Reported share-based compensation / reported operating cash flow × 100, for the same fiscal period. Zero or negative operating cash flow is undefined. Unaffected by the SBC deduction scenario.
Software & intangible investment
Separately tagged payments for capitalized software under US GAAP, or purchases of intangible assets under IFRS. This optional disclosure is not inferred from total capex or deducted a second time from FCF.
Diluted EPS
Reported diluted earnings per share, normalized for recorded subsequent stock splits. Quarterly EPS is never subtracted from annual or YTD EPS.