Carnival Operating Income from 2010 to 2024

CCL Stock

USD 14.12 0.06 0.42%

Carnival Operating Income yearly trend continues to be quite stable with very little volatility. Operating Income may rise above about 1.8 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Carnival generates from its operations. View All Fundamentals

Operating Income

First Reported

1986-02-28

Previous Quarter

384 M

Current Value

275 M

Quarterly Volatility

786.7 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Carnival financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carnival main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Interest Expense of 2.5 B or Selling General Administrative of 3.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 9.0E-4 or PTB Ratio of 2.66. Carnival financial statements analysis is a perfect complement when working with Carnival Valuation or Volatility modules.

This module can also supplement Carnival's financial leverage analysis and stock options assessment as well as various Carnival Technical models . Check out the analysis of Carnival Correlation against competitors.

For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.

Latest Carnival's Operating Income Growth Pattern

Below is the plot of the Operating Income of Carnival over the last few years. Operating Income is the amount of profit realized from Carnival operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Carnival is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Carnival's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carnival's overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Operating Income

Timeline

Carnival Operating Income Regression Statistics

	Arithmetic Mean	344,741,333
	Coefficient Of Variation	1,124
	Mean Deviation	2,881,822,044
	Median	1,792,000,000
	Standard Deviation	3,873,421,615
	Sample Variance	15003395T
	Range	12.2B
	R-Value	(0.25)
	Mean Square Error	15132373.2T
	R-Squared	0.06
	Significance	0.37
	Slope	(218,163,429)
	Total Sum of Squares	210047530.1T

Carnival Operating Income History

	2024	1.8 B
	2023	1.8 B
	2022	2 B
	2021	-4.4 B
	2020	-7.1 B
	2019	-8.9 B
	2018	3.3 B

Other Fundumenentals of Carnival

Non Operating Income Net Other

Carnival Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Good Will	Short Term Investments	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.15	0.77	-0.09	0.5	0.83	0.69	0.63	0.77	0.83	0.73	-0.14	-0.1	0.81	0.74	-0.78	0.88	-0.51	0.65	0.59	0.57	0.56	0.56	0.66	0.36	0.49
Total Stockholder Equity	0.15		-0.5	0.94	0.27	-0.43	-0.34	0.01	0.59	-0.22	-0.12	0.9	-0.35	0.49	-0.55	0.09	0.19	0.72	-0.64	-0.63	-0.19	-0.16	-0.38	-0.39	-0.17	-0.43
Net Debt	0.77	-0.5		-0.69	0.33	0.99	0.76	0.45	0.29	0.89	0.76	-0.67	0.08	0.36	0.99	-0.7	0.62	-0.92	0.98	0.87	0.54	0.54	0.65	0.78	0.33	0.74
Retained Earnings	-0.09	0.94	-0.69		0.0	-0.62	-0.47	-0.05	0.38	-0.43	-0.29	0.9	-0.29	0.33	-0.72	0.14	0.04	0.86	-0.8	-0.7	-0.24	-0.1	-0.47	-0.51	-0.18	-0.59
Net Receivables	0.5	0.27	0.33	0.0		0.32	-0.03	-0.11	0.64	0.52	0.58	0.27	-0.44	0.52	0.24	-0.01	0.47	-0.27	0.22	0.1	-0.26	-0.2	-0.15	-0.03	-0.36	0.37
Total Liab	0.83	-0.43	0.99	-0.62	0.32		0.81	0.53	0.35	0.89	0.75	-0.64	0.1	0.43	0.99	-0.75	0.67	-0.88	0.96	0.86	0.61	0.58	0.7	0.82	0.39	0.71
Total Current Assets	0.69	-0.34	0.76	-0.47	-0.03	0.81		0.85	0.22	0.49	0.26	-0.67	0.37	0.33	0.83	-0.69	0.52	-0.55	0.78	0.78	0.91	0.52	0.97	0.95	0.85	0.4
Short Term Debt	0.63	0.01	0.45	-0.05	-0.11	0.53	0.85		0.38	0.24	0.05	-0.32	0.4	0.51	0.51	-0.67	0.6	-0.16	0.42	0.57	0.91	0.56	0.86	0.76	0.88	0.1
Intangible Assets	0.77	0.59	0.29	0.38	0.64	0.35	0.22	0.38		0.5	0.49	0.45	-0.3	0.97	0.23	-0.4	0.83	-0.06	0.11	0.19	0.11	0.26	0.1	0.12	0.05	0.16
Accounts Payable	0.83	-0.22	0.89	-0.43	0.52	0.89	0.49	0.24	0.5		0.96	-0.34	-0.19	0.54	0.83	-0.68	0.72	-0.82	0.81	0.67	0.3	0.54	0.34	0.53	-0.02	0.74
Current Deferred Revenue	0.73	-0.12	0.76	-0.29	0.58	0.75	0.26	0.05	0.49	0.96		-0.17	-0.31	0.51	0.67	-0.61	0.67	-0.72	0.66	0.51	0.1	0.49	0.11	0.32	-0.25	0.69
Good Will	-0.14	0.9	-0.67	0.9	0.27	-0.64	-0.67	-0.32	0.45	-0.34	-0.17		-0.4	0.34	-0.74	0.36	0.01	0.74	-0.8	-0.74	-0.55	-0.34	-0.7	-0.72	-0.48	-0.51
Short Term Investments	-0.1	-0.35	0.08	-0.29	-0.44	0.1	0.37	0.4	-0.3	-0.19	-0.31	-0.4		-0.24	0.17	-0.06	-0.17	-0.1	0.17	0.19	0.47	0.07	0.48	0.33	0.46	-0.08
Common Stock	0.81	0.49	0.36	0.33	0.52	0.43	0.33	0.51	0.97	0.54	0.51	0.34	-0.24		0.31	-0.55	0.92	-0.11	0.19	0.34	0.25	0.43	0.21	0.22	0.17	0.16
Long Term Debt	0.74	-0.55	0.99	-0.72	0.24	0.99	0.83	0.51	0.23	0.83	0.67	-0.74	0.17	0.31		-0.7	0.57	-0.91	0.99	0.89	0.62	0.54	0.74	0.84	0.43	0.71
Treasury Stock	-0.78	0.09	-0.7	0.14	-0.01	-0.75	-0.69	-0.67	-0.4	-0.68	-0.61	0.36	-0.06	-0.55	-0.7		-0.75	0.48	-0.63	-0.65	-0.71	-0.91	-0.61	-0.69	-0.48	-0.33
Property Plant Equipment	0.88	0.19	0.62	0.04	0.47	0.67	0.52	0.6	0.83	0.72	0.67	0.01	-0.17	0.92	0.57	-0.75		-0.39	0.48	0.62	0.41	0.63	0.41	0.46	0.26	0.4
Net Tangible Assets	-0.51	0.72	-0.92	0.86	-0.27	-0.88	-0.55	-0.16	-0.06	-0.82	-0.72	0.74	-0.1	-0.11	-0.91	0.48	-0.39		-0.94	-0.82	-0.29	-0.38	-0.46	-0.58	-0.09	-0.74
Long Term Debt Total	0.65	-0.64	0.98	-0.8	0.22	0.96	0.78	0.42	0.11	0.81	0.66	-0.8	0.17	0.19	0.99	-0.63	0.48	-0.94		0.88	0.56	0.49	0.7	0.82	0.36	0.75
Capital Surpluse	0.59	-0.63	0.87	-0.7	0.1	0.86	0.78	0.57	0.19	0.67	0.51	-0.74	0.19	0.34	0.89	-0.65	0.62	-0.82	0.88		0.58	0.6	0.73	0.76	0.48	0.63
Short Long Term Debt	0.57	-0.19	0.54	-0.24	-0.26	0.61	0.91	0.91	0.11	0.3	0.1	-0.55	0.47	0.25	0.62	-0.71	0.41	-0.29	0.56	0.58		0.6	0.93	0.88	0.87	0.24
Long Term Investments	0.56	-0.16	0.54	-0.1	-0.2	0.58	0.52	0.56	0.26	0.54	0.49	-0.34	0.07	0.43	0.54	-0.91	0.63	-0.38	0.49	0.6	0.6		0.49	0.54	0.38	0.31
Cash And Equivalents	0.56	-0.38	0.65	-0.47	-0.15	0.7	0.97	0.86	0.1	0.34	0.11	-0.7	0.48	0.21	0.74	-0.61	0.41	-0.46	0.7	0.73	0.93	0.49		0.93	0.88	0.36
Net Invested Capital	0.66	-0.39	0.78	-0.51	-0.03	0.82	0.95	0.76	0.12	0.53	0.32	-0.72	0.33	0.22	0.84	-0.69	0.46	-0.58	0.82	0.76	0.88	0.54	0.93		0.75	0.56
Net Working Capital	0.36	-0.17	0.33	-0.18	-0.36	0.39	0.85	0.88	0.05	-0.02	-0.25	-0.48	0.46	0.17	0.43	-0.48	0.26	-0.09	0.36	0.48	0.87	0.38	0.88	0.75		-0.06
Capital Stock	0.49	-0.43	0.74	-0.59	0.37	0.71	0.4	0.1	0.16	0.74	0.69	-0.51	-0.08	0.16	0.71	-0.33	0.4	-0.74	0.75	0.63	0.24	0.31	0.36	0.56	-0.06

Click cells to compare fundamentals

About Carnival Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Carnival income statement, its balance sheet, and the statement of cash flows. Carnival investors use historical funamental indicators, such as Carnival's Operating Income, to determine how well the company is positioned to perform in the future. Although Carnival investors may use each financial statement separately, they are all related. The changes in Carnival's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carnival's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carnival Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carnival. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Operating Income	1.8 B	1.8 B
Non Operating Income Net Other	-82.8 M	-86.9 M

Carnival Investors Sentiment

The influence of Carnival's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carnival. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Carnival's public news can be used to forecast risks associated with an investment in Carnival. The trend in average sentiment can be used to explain how an investor holding Carnival can time the market purely based on public headlines and social activities around Carnival. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Carnival's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carnival's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carnival's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carnival.

Carnival Implied Volatility

86.89

Carnival's implied volatility exposes the market's sentiment of Carnival stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carnival's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carnival stock will not fluctuate a lot when Carnival's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carnival in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carnival's short interest history, or implied volatility extrapolated from Carnival options trading.

Pair Trading with Carnival

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carnival position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carnival will appreciate offsetting losses from the drop in the long position's value.

Moving against Carnival Stock

0.49	AGS	PlayAGS Financial Report 14th of May 2024	Pair Corr
0.45	WYNN	Wynn Resorts Limited Financial Report 14th of May 2024	Pair Corr

The ability to find closely correlated positions to Carnival could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carnival - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carnival to buy it.

The correlation of Carnival is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carnival moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Carnival can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Carnival is a strong investment it is important to analyze Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carnival's future performance. For an informed investment choice regarding Carnival Stock, refer to the following important reports:

How To Invest In Carnival

Details

Is Carnival Stock a good investment?

Details

What is Carnival's Net Worth?

Details

Largest Hotels, Resorts & Cruise Lines Companies

View

Largest Consumer Services Companies

View

Check out the analysis of Carnival Correlation against competitors.

For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.

Note that the Carnival information on this page should be used as a complementary analysis to other Carnival's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Carnival's price analysis, check to measure Carnival's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carnival is operating at the current time. Most of Carnival's value examination focuses on studying past and present price action to predict the probability of Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival's price. Additionally, you may evaluate how the addition of Carnival to your portfolios can decrease your overall portfolio volatility.

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Is Carnival's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carnival. If investors know Carnival will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.14)

Earnings Share

0.32

Revenue Per Share

17.868

Quarterly Revenue Growth

0.22

Return On Assets

0.0294

The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carnival's market value can be influenced by many factors that don't directly affect Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Carnival Operating Income from 2010 to 2024

Latest Carnival's Operating Income Growth Pattern

Carnival Operating Income Regression Statistics

Carnival Operating Income History

Other Fundumenentals of Carnival

Carnival Operating Income component correlations

About Carnival Financial Statements

Carnival Investors Sentiment

Carnival Implied Volatility

Pair Trading with Carnival

Moving against Carnival Stock

Complementary Tools for Carnival Stock analysis

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