OverviewSuggest Edit

Carnival Corporation operates as a leisure travel and cruise company. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia.
TypePublic
Founded1972
HQDoral, US
Websitecarnivalcorp.com

Latest Updates

Employees (est.) (Nov 2018)100,000(+4%)
Revenue (FY, 2018)$18.9 B(+8%)
Share Price (Jan 2020)$49.9 (-1%)

Key People/Management at Carnival

Arnold W. Donald

Arnold W. Donald

CEO
David Bernstein

David Bernstein

Chief Accounting Officer, CFO
Alan B. Buckelew

Alan B. Buckelew

Chief Information Officer
Julia M. Brown

Julia M. Brown

CPO
William Burke

William Burke

Chief Maritime Officer
Roger Frizzell

Roger Frizzell

Chief Communications Officer
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Carnival Office Locations

Carnival has offices in Doral and Southampton
Doral, US (HQ)
3655 NW 87th Ave
Southampton, GB (HQ)
Carnival House 100 Harbour Parade
Show all (2)

Carnival Financials and Metrics

Carnival Revenue

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Carnival's revenue was reported to be $18.88 b in FY, 2018
USD

Revenue (Q3, 2019)

6.5b

Gross profit (Q3, 2019)

3.0b

Gross profit margin (Q3, 2019), %

45.9%

Net income (Q3, 2019)

1.8b

EBIT (Q3, 2019)

1.9b

Market capitalization (22-Jan-2020)

26.3b

Closing stock price (22-Jan-2020)

49.9

Cash (31-Aug-2019)

1.2b

EV

35.9b
Carnival's current market capitalization is $26.3 b.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

15.5b15.7b16.4b17.5b18.9b

Revenue growth, %

4%7%

Cost of goods sold

10.6b9.4b9.4b10.5b11.1b

Gross profit

4.8b6.3b7.0b7.0b7.8b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

3.5b3.6b4.9b3.7b3.7b5.1b3.8b3.9b5.5b4.2b4.4b5.8b4.7b4.8b6.5b

Cost of goods sold

2.4b2.4b3.0b3.8b2.7b3.0b3.1b3.2b3.5b

Gross profit

1.4b1.5b2.5b419.0m1.7b2.9b1.5b1.7b3.0b

Gross profit Margin, %

36%38%45%10%38%49%33%35%46%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

429.0m450.0m465.0m462.0m331.0m603.0m395.0m982.0m

Accounts Receivable

248.0m263.0m270.0m405.0m332.0m298.0m312.0m358.0m

Prepaid Expenses

247.0m225.0m236.0m315.0m322.0m466.0m502.0m436.0m

Inventories

320.0m374.0m390.0m374.0m364.0m349.0m322.0m387.0m450.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

594.0m527.0m465.0m557.0m430.0m471.0m900.0m568.0m476.0m711.0m981.0m421.0m343.0m436.0m280.0m298.0m539.0m778.0m519.0m462.0m437.0m597.0m489.0m453.0m1.1b526.0m649.0m1.2b1.2b

Accounts Receivable

455.0m388.0m308.0m360.0m353.0m286.0m286.0m306.0m400.0m408.0m444.0m258.0m288.0m355.0m307.0m319.0m324.0m345.0m342.0m366.0m406.0m405.0m441.0m

Prepaid Expenses

240.0m239.0m249.0m217.0m248.0m184.0m203.0m221.0m196.0m187.0m371.0m316.0m312.0m330.0m492.0m507.0m491.0m475.0m481.0m458.0m603.0m727.0m635.0m

Inventories

297.0m291.0m343.0m365.0m366.0m381.0m377.0m364.0m383.0m381.0m388.0m381.0m383.0m358.0m332.0m327.0m305.0m333.0m315.0m314.0m361.0m351.0m357.0m394.0m402.0m405.0m444.0m501.0m482.0m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2015FY, 2017FY, 2018

Net Income

2.0b1.9b1.3b1.1b2.6b3.2b

Depreciation and Amortization

1.4b1.5b1.5b1.6b1.8b2.0b

Inventories

(12.0m)(54.0m)(16.0m)19.0m(49.0m)(67.0m)

Accounts Payable

(36.0m)67.0m(24.0m)79.0m21.0m(24.0m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

427.0m1.7b152.0m358.0m1.7b(139.0m)(125.0m)1.2b37.0m78.0m1.0b(15.0m)91.0m1.3b49.0m271.0m1.5b142.0m747.0m2.2b352.0m730.0m2.1b391.0m951.0m2.7b336.0m787.0m2.6b

Depreciation and Amortization

694.0m1.0b367.0m747.0m1.1b376.0m752.0m1.1b389.0m780.0m1.2b404.0m814.0m1.2b401.0m807.0m1.2b423.0m861.0m1.3b439.0m896.0m1.4b488.0m1.0b1.5b516.0m1.1b1.6b

Inventories

2.0m13.0m(19.0m)(35.0m)(36.0m)(4.0m)(7.0m)7.0m5.0m5.0m1.0m(5.0m)(8.0m)15.0m7.0m11.0m35.0m(4.0m)16.0m15.0m(35.0m)(19.0m)(18.0m)1.0m(16.0m)(19.0m)7.0m5.0m22.0m

Accounts Payable

31.0m11.0m1.0m26.0m17.0m(62.0m)(31.0m)(4.0m)23.0m82.0m50.0m(88.0m)(13.0m)(22.0m)6.0m39.0m(23.0m)(7.0m)36.0m88.0m(47.0m)(38.0m)(101.0m)19.0m(14.0m)(94.0m)65.0m68.0m(25.0m)
USDY, 2019

EV/EBIT

19 x

EV/CFO

8.1 x

Financial Leverage

1.7 x
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Carnival Operating Metrics

Carnival's Customers was reported to be 3 m in Q2, 2018.
FY, 2014FY, 2015Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

Brands

9 10 9 10

Cruise Ships Ordered

10 17 19 18

Customers

10.60 m10.80 m3.27 m11.50 m2.77 m2.91 m3.44 m12.10 m2.86 m2.97 m

Ocean Cruise Ships Fleet

100 99 102 103
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Carnival Revenue Breakdown

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Carnival revenue breakdown by business segment: 63.1% from North America, 34.9% from Europe, Australia & Asia and 2.1% from Other

Carnival revenue breakdown by geographic segment: 52.5% from North America, 30.9% from Europe, 14.9% from Australia and Asia and 1.7% from Other

Carnival Online and Social Media Presence

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Carnival Blogs

My Top 5 Tips For Significantly Increasing The Joy You Get From Planning And Experiencing Vacations

Here’s something useful you probably didn’t know: we are only a few weeks from “National Plan for Vacation Day 2019.” Yep, there is such a day, and it’s the last Tuesday in January every year. In 2019 that falls on January 29. So, to get you into the right mindset I’d like to share my...Read More

Turn Off. Tune In. Or Find “Harmony” Instead Of “Balance.” Discover What Leisure/Vacation Style Works Best For You

The concepts of “vacations,” “leisure time” and “work-life balance” are big things to me.  My vocation, obviously, plus both my personal and intellectual interests are focused intently on the important role that vacations play in helping people have not only a fun and fulfilling life away from work …

Vacationing Is A Team Sport, So Be Sure To Acknowledge & Support Your Teammates

Unless you work entirely alone, taking some time away from work to relax and recharge is a team sport. While you’re away somebody – or, more likely, multiple somebodies – must cover for you, must take care of matters that normally would have landed on your desk, and must make sure the whole place do…

Carnival Frequently Asked Questions

  • When was Carnival founded?

    Carnival was founded in 1972.

  • Who are Carnival key executives?

    Carnival's key executives are Arnold W. Donald, David Bernstein and Alan B. Buckelew.

  • How many employees does Carnival have?

    Carnival has 100,000 employees.

  • What is Carnival revenue?

    Latest Carnival annual revenue is $18.9 b.

  • What is Carnival revenue per employee?

    Latest Carnival revenue per employee is $188.8 k.

  • Who are Carnival competitors?

    Competitors of Carnival include Norwegian Cruise Line, AmaWaterways and Mattel.

  • Where is Carnival headquarters?

    Carnival headquarters is located at 3655 NW 87th Ave, Doral.

  • Where are Carnival offices?

    Carnival has offices in Doral and Southampton.

  • How many offices does Carnival have?

    Carnival has 2 offices.