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CCLCarnival Corporation

Consumer discretionary · Cruise Lines & Shipping · NYSE

Carnival Corporation was incorporated in Panama in 1974 and Carnival plc was incorporated in England and Wales in 2000. 10-K, Item 1

Employees
101,000
Headquarters
Miami, FL
CEO
joshua ian weinstein
Next results
around Dec 18, 2026
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The biggest changes in the 10-K filed 2026-01-27, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Net income

+44.1% Big change FY to 2025-11-30 vs 2024-11-30

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Operating margin

14.3% → 16.8% (+2.6 pts) Big change FY to 2025-11-30 vs 2024-11-30

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Revenue

+6.4% FY to 2025-11-30 vs 2024-11-30

“$90 million - higher onboard and other cost of sales driven by higher onboard revenues”

Read it in the 10-K ↗

“$40 million - higher onboard and other cost of sales driven by higher onboard revenues”

Read it in the 10-K ↗

Cash from operations

+5.0% FY to 2025-11-30 vs 2024-11-30

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

Work on CCL in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/CCL/export.csv") into a cell.