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Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises, and Cunard brand. Additionally, it sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Carnival Corporation operates a global portfolio of cruise brands offering leisure voyages and onboard services. Long-term growth drivers include normalization of international travel, fleet renewal and deployment into higher-yield itineraries, and scale benefits from its diversified brand mix that could support revenue and margin recovery. Investors may find exposure to experiential tourism attractive as travel demand normalizes.
Material risks include cyclicality in discretionary travel, pandemic or health-related disruptions, fuel and interest-rate volatility, high indebtedness and refinancing risk, regulatory and environmental compliance costs, and operational disruptions from weather or geopolitical events.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Income before tax | -6080.00M | -9522.00M | -10253.00M | 3060.00M | 3207.00M |
| Net income | -6094.00M | -9501.00M | -10236.00M | 2990.00M | 3152.00M |
| Selling general administrative | 2515.00M | 1885.00M | 1878.00M | 2480.00M | 2450.00M |
| Selling and marketing expenses | 2515.00M | 1885.00M | 1878.00M | 2480.00M | 2450.00M |
| Gross profit | 852.00M | -2155.00M | -684.00M | 7917.00M | 7791.00M |
| Reconciled depreciation | 2275.00M | 2233.00M | 2241.00M | 2160.00M | 2017.00M |
| Ebit | -3938.00M | -7089.00M | -8865.00M | 3276.00M | 3342.00M |
| Ebitda | -1755.00M | -4427.00M | -5150.00M | 5426.00M | 5359.00M |
| Depreciation and amortization | 2183.00M | 2662.00M | 3715.00M | 2150.00M | 2017.00M |
| Non operating income net other | -92.00M | -831.00M | -493.00M | - | 76.00M |
| Operating income | -3938.00M | -7089.00M | -8865.00M | 3276.00M | 3325.00M |
| Other operating expenses | 16107.00M | 8181.00M | 10397.00M | 17548.00M | 15557.00M |
| Interest expense | 1609.00M | 1601.00M | 895.00M | 206.00M | 194.00M |
| Tax provision | 14.00M | -21.00M | -17.00M | 71.00M | 54.00M |
| Interest income | 1535.00M | 2259.00M | 18.00M | 183.00M | 14.00M |
| Net interest income | -1535.00M | -1589.00M | -877.00M | -183.00M | -180.00M |
| Non recurring | - | 226.00M | 2096.00M | - | - |
| Income tax expense | 14.00M | -21.00M | -17.00M | 71.00M | 54.00M |
| Total revenue | 12169.00M | 1908.00M | 5594.00M | 20825.00M | 18881.00M |
| Total operating expenses | 4790.00M | 4118.00M | 4119.00M | 4640.00M | 4467.00M |
| Cost of revenue | 11317.00M | 4063.00M | 6278.00M | 12908.00M | 11090.00M |
| Total other income expense net | -2142.00M | -2433.00M | -1388.00M | -216.00M | -118.00M |
| Net income from continuing ops | -6094.00M | -9501.00M | -10236.00M | 2989.00M | 3153.00M |
| Net income applicable to common shares | -6093.00M | -9501.00M | -10236.00M | 2990.00M | 3152.00M |
| Breakdown | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 |
| Total assets | 49120.00M | 51703.00M | 53344.00M | 53593.00M | 45058.00M |
| Intangible assets | 1169.00M | 1156.00M | 1181.00M | 1186.00M | 1174.00M |
| Other current assets | 1756.00M | 3035.00M | 392.00M | 442.00M | 670.00M |
| Total liab | 42238.00M | 44639.00M | 41200.00M | 33038.00M | 19693.00M |
| Total stockholder equity | 6882.00M | 7064.00M | 12144.00M | 20555.00M | 25365.00M |
| Other current liab | 8075.00M | 6816.00M | -1.00M | 1.00M | 6544.00M |
| Common stock | 373.00M | 373.00M | 372.00M | 372.00M | 365.00M |
| Capital stock | 373.00M | 373.00M | 372.00M | 372.00M | 365.00M |
| Retained earnings | 185.00M | 269.00M | 6448.00M | 16075.00M | 26653.00M |
| Other liab | - | 891.00M | 1042.00M | 949.00M | 882.00M |
| Good will | 579.00M | 579.00M | 579.00M | 807.00M | 2912.00M |
| Other assets | - | 2515.00M | 1769.00M | -1.00M | -1.00M |
| Cash | 2415.00M | 4029.00M | 8939.00M | 9513.00M | 518.00M |
| Cash and equivalents | - | 4029.00M | 8939.00M | 9513.00M | 518.00M |
| Total current liabilities | 11481.00M | 10605.00M | 10408.00M | 8686.00M | 9127.00M |
| Current deferred revenue | - | 4874.00M | 4753.00M | 3084.00M | 4735.00M |
| Net debt | 29476.00M | 31852.00M | 25668.00M | 18867.00M | 10984.00M |
| Short term debt | 2238.00M | 2739.00M | 4859.00M | 4977.00M | 1827.00M |
| Short long term debt | 2089.00M | 2593.00M | 4717.00M | 4826.00M | 1827.00M |
| Short long term debt total | 31891.00M | 35881.00M | 34607.00M | 28380.00M | 11502.00M |
| Other stockholder equity | 6324.00M | 6422.00M | 5324.00M | 4108.00M | -1653.00M |
| Property plant equipment | - | 38687.00M | 38107.00M | 38073.00M | 38131.00M |
| Total current assets | 5266.00M | 7492.00M | 10133.00M | 10563.00M | 2059.00M |
| Net tangible assets | - | 6519.00M | 11624.00M | 19835.00M | 21279.00M |
| Short term investments | - | 0.00M | 200.00M | - | - |
| Net receivables | 567.00M | 395.00M | 246.00M | 273.00M | 444.00M |
| Long term debt | 28483.00M | 31953.00M | 28509.00M | 22130.00M | 9675.00M |
| Inventory | 528.00M | 428.00M | 356.00M | 335.00M | 427.00M |
| Accounts payable | 1168.00M | 1050.00M | 797.00M | 624.00M | 756.00M |
| Accumulated other comprehensive income | - | -1982.00M | -1501.00M | -1436.00M | -2066.00M |
| Common stock total equity | - | 373.00M | 372.00M | 372.00M | 365.00M |
| Retained earnings total equity | - | 269.00M | 6448.00M | 16075.00M | - |
| Treasury stock | - | - | -8466.00M | -8404.00M | -8394.00M |
| Non currrent assets other | 725.00M | 2515.00M | 2011.00M | 1594.00M | 783.00M |
| Non current assets total | 43854.00M | 44211.00M | 43211.00M | 43031.00M | 43000.00M |
| Capital lease obligations | 1319.00M | 1335.00M | 1381.00M | 1424.00M | - |
| Long term debt total | - | 31953.00M | 28509.00M | 22130.00M | 9675.00M |
| Breakdown | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 |
| Investments | -3622.00M | 199.00M | -290.00M | -81.00M | -5277.00M |
| Change to liabilities | 0.00M | 624.00M | 807.00M | -476.00M | 421.00M |
| Total cashflows from investing activities | - | -4767.00M | -3543.00M | -3240.00M | -5277.00M |
| Net borrowings | - | 2543.00M | 6248.00M | 16251.00M | 1418.00M |
| Total cash from financing activities | -5089.00M | 3577.00M | 6949.00M | 18650.00M | -655.00M |
| Change to operating activities | - | -533.00M | -469.00M | -3098.00M | -174.00M |
| Net income | -74.00M | -6093.00M | -9501.00M | -10236.00M | 2990.00M |
| Change in cash | -3601.00M | -2939.00M | -716.00M | 9162.00M | -466.00M |
| Begin period cash flow | 6037.00M | 8976.00M | 9692.00M | 530.00M | 996.00M |
| End period cash flow | 2436.00M | 6037.00M | 8976.00M | 9692.00M | 530.00M |
| Total cash from operating activities | 4281.00M | -1670.00M | -4109.00M | -6301.00M | 5475.00M |
| Issuance of capital stock | 5.00M | 1180.00M | 1009.00M | 3249.00M | - |
| Depreciation | 2370.00M | 2275.00M | 2233.00M | 2241.00M | 2160.00M |
| Other cashflows from investing activities | - | -26.00M | 354.00M | 461.00M | 126.00M |
| Dividends paid | 20.00M | 87.00M | 12422.00M | 689.00M | 1387.00M |
| Change to inventory | -85.00M | -95.00M | -63.00M | 77.00M | 79.00M |
| Change to account receivables | -180.00M | -171.00M | -476.00M | 125.00M | -368.00M |
| Sale purchase of stock | -20.00M | -87.00M | -188.00M | -12.00M | -603.00M |
| Other cashflows from financing activities | -195.00M | -147.00M | 24300.00M | 17723.00M | -83.00M |
| Change to netincome | - | 667.00M | 1889.00M | 4710.00M | 113.00M |
| Capital expenditures | 3284.00M | 4940.00M | 3607.00M | 3620.00M | 5429.00M |
| Change receivables | - | -171.00M | -7.00M | 125.00M | - |
| Cash flows other operating | - | 953.00M | 361.00M | -2740.00M | - |
| Cash and cash equivalents changes | - | -2860.00M | -703.00M | 9109.00M | - |
| Change in working capital | 1525.00M | 1163.00M | 958.00M | -3186.00M | 212.00M |
| Stock based compensation | 53.00M | 101.00M | 121.00M | 105.00M | 46.00M |
| Other non cash items | 407.00M | 884.00M | 449.00M | 172.00M | 43.00M |
| Free cash flow | 997.00M | -6610.00M | -7716.00M | -9921.00M | 46.00M |
Sector: Consumer Cyclical Industry: Travel Services
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CCL Carnival Corporation |
-0.05 0.16% |
30.69 | 21.70 | 15.65 | 1.39 | 4.15 | 2.63 | 10.93 |
| BKNG Booking Holdings Inc |
1.04 0.65% |
160.30 | 28.83 | 17.92 | 5.61 | 34.95 | 5.73 | 16.72 |
| ABNB Airbnb Inc |
-5.77 3.09% |
181.13 | 38.87 | 28.99 | 7.66 | 12.90 | 6.92 | 32.32 |
| RCL Royal Caribbean Cruises Ltd |
-4.67 1.37% |
335.18 | 15.40 | 12.39 | 3.57 | 6.67 | 4.87 | 12.36 |
| TCOM Trip.com Group Ltd ADR |
-0.47 1.07% |
43.61 | 23.73 | 16.29 | 0.91 | 2.30 | 5.84 | 18.29 |
Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises, and Cunard brand. Additionally, it sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.
3655 N.W. 87th Avenue, Miami, FL, United States, 33178-2428
305 599 2600
106000
| Name | Title | Year Born |
|---|---|---|
| Mr. Micky Meir Arison | Exec. Chairman | 1950 |
| Mr. David Bernstein | CFO & Chief Accounting Officer | 1958 |
| Mr. Enrique Miguez | Gen. Counsel | 1965 |
| Mr. Arnaldo Perez | Sr. VP & Company Sec. | 1960 |
| Mr. Michael Olaf Thamm | Group Chief Exec. Officer of Costa Group & Carnival Asia | 1964 |
| Mr. Josh Weinstein | Pres, CEO, Chief Climate Officer & Director | 1974 |
| Mr. Gregory A. Sullivan | Chief Information Officer | NA |
| Ms. Beth Roberts | Sr. VP of Investor Relations | NA |
| Mr. Richard Brilliant | Chief Risk & Compliance Officer | NA |
| Ms. Jody Venturoni | Chief Communications Officer | NA |
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