Carnival Corporation Income Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May '25 May 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Revenue	25,972	25,021	21,593	12,168	1,908	5,595
Revenue Growth (YoY)	10.82%	15.88%	77.46%	537.74%	-65.90%	-73.13%
Cost of Revenue	11,974	11,838	10,891	8,359	2,717	4,760
Gross Profit	13,998	13,183	10,702	3,809	-809	835
Selling, General & Admin	3,313	3,252	2,950	2,515	1,885	1,878
Depreciation & Amortization Expenses	2,656	2,557	2,370	2,275	2,233	2,241
Other Operating Expenses	3,813	3,801	3,426	3,398	2,163	5,581
Operating Income	4,216	3,574	1,956	-4,379	-7,089	-8,865
Interest Income	54	93	233	74	12	18
Interest Expense	-1,552	-1,755	-2,066	-1,609	-1,601	-895
Other Non-Operating Income (Expense)	-174	4	-186	-166	-843	-511
Total Non-Operating Income (Expense)	-1,672	-1,658	-2,019	-1,701	-2,432	-1,388
Pretax Income	2,543	1,915	-62	-6,080	-9,522	-10,253
Provision for Income Taxes	18	-1	13	14	-21	-17
Net Income	2,525	1,916	-74	-6,093	-9,501	-10,236
Net Income to Common	2,525	1,916	-74	-6,093	-9,501	-10,236
Net Income Growth	179.31%	-	-	-	-	-
Shares Outstanding (Basic)	1,312	1,300	648	1,180	1,123	775
Shares Outstanding (Diluted)	1,312	1,300	648	1,180	1,123	775
Shares Change (YoY)	1.04%	100.77%	-45.13%	5.08%	44.90%	11.99%
EPS (Basic)	1.92	1.47	-0.11	-5.16	-8.46	-13.20
EPS (Diluted)	1.92	1.47	-0.11	-5.16	-8.46	-13.20
EPS Growth	176.44%	-	-	-	-	-
Free Cash Flow	2,806	1,297	997	-6,610	-7,716	-9,921
Free Cash Flow Growth	116.35%	30.09%	-	-	-	-
Free Cash Flow Per Share	-	-	-	-5.60	-6.87	-12.80
Dividends Per Share	-	-	-	-	-	0.500
Dividend Growth	-	-	-	-	-	-75.00%
Gross Margin	53.90%	52.69%	49.56%	31.30%	-42.40%	14.92%
Operating Margin	16.23%	14.28%	9.06%	-35.99%	-371.54%	-158.45%
Profit Margin	9.72%	7.66%	-0.34%	-50.07%	-497.96%	-182.95%
FCF Margin	10.80%	5.18%	4.62%	-54.32%	-404.40%	-177.32%
EBITDA	6,872	6,131	4,326	-2,104	-4,856	-6,624
EBITDA Margin	26.46%	24.50%	20.03%	-17.29%	-254.51%	-118.39%
EBIT	4,216	3,574	1,956	-4,379	-7,089	-8,865
EBIT Margin	16.23%	14.28%	9.06%	-35.99%	-371.54%	-158.45%
Effective Tax Rate	0.71%	-0.05%	-20.97%	-0.23%	0.22%	0.17%

Updated May 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.