Carnival

Carnival FCF Conversion

The FCF Conversion Rate (FCF/EBITDA) of Carnival (CCL) as of Oct 29, 2026 is 94.46 %. In the previous year, FCF Conversion Rate (FCF/EBITDA) was 67.69 % — a change of 39.54% (higher).

FCF Conversion

94.46 %

YoY

39.54%

Last updated:

FCF Conversion Rate (FCF/EBITDA) of Carnival is 2025 94.46 % . FCF Conversion Rate (FCF/EBITDA) of Carnival was 2024 67.69 % . It decreases by 39.54% higher compared to the previous year.

The Carnival FCF Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

FCF Conversion
Date
FCF Conversion
Jan 1, 2018
57.11 USD
Jan 1, 2019
1.54 USD
Jan 1, 2020
96.92 USD
Jan 1, 2021
81.21 USD
Jan 1, 2022
108.49 USD
Jan 1, 2023
-1,347.30 USD
Jan 1, 2024
67.69 USD
Jan 1, 2025
94.46 USD
The Carnival FCF Conversion history
YEARFCF ConversionYoY
94.46 %+39.54%
67.69 %-105.02%
-1,347.30 %-1,341.92%
108.49 %+33.58%
81.21 %-16.21%
96.92 %+6,199.97%
1.54 %-97.31%
57.11 %-37.42%
91.25 %+22.39%
74.56 %-41.80%
128.12 %+83.93%
69.65 %—

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Carnival Stock analysis

What does Carnival do? Carnival Corp is a leading company in the cruise industry and was founded in 1972. The company is headquartered in Miami, Florida and operates worldwide. Carnival Corp offers a wide range of cruise brands targeting different demographics. For example, there are brands that specialize in family cruises, as well as those that focus on luxury cruises. The business model of Carnival Corp is based on the idea of providing passengers with an unforgettable travel experience. To accomplish this, the ships offer a variety of activities and amenities, including restaurants, bars, fitness centers, pools, theaters, and shopping opportunities. Through the combination of top-notch facilities and amenities, passengers can enjoy their journey and relax. Carnival Corp operates a wide range of brands and divisions to meet the different needs and interests of its customers. One of the most well-known brands is Carnival Cruise Line, whose ships are mainly deployed in the Caribbean. Here, families with children can find a wide range of leisure activities and entertainment. AIDA Cruises is also part of Carnival Corp. This brand is particularly well-known in the German-speaking region and offers a comprehensive program of activities and entertainment on board. Another important division of Carnival Corp is luxury cruising. This includes the brand Seabourn, which operates ships with a maximum of 600 passengers. The focus here is on exclusive travel experiences, often visiting exotic destinations in the Mediterranean or Asia. Cunard is also part of the luxury division of Carnival Corp and is especially known for the legendary Queen Mary 2. The ship is considered the epitome of classic England and offers its passengers a unique atmosphere. However, cruises are not the only product offered by Carnival Corp. The company also operates ports and terminals worldwide. This allows for streamlining and optimizing the embarkation and disembarkation process, leading to a smooth operation. Carnival Corp can also organize excursions and land activities to provide passengers with a comprehensive travel experience. In recent years, Carnival Corp has faced some challenges. In the past, there have been negative headlines due to issues on the ships, cruise cancellations due to political unrest or natural disasters, and perceived neglect of safety standards. However, in recent years, the company has increased its investment in improving safety standards and relies on a modern fleet to impress its customers. In summary, Carnival Corp is a leading company in the cruise industry with a wide range of brands and divisions. The company aims to provide its passengers with an unforgettable travel experience and invests in state-of-the-art technology and top-notch facilities and amenities. Despite some challenges in the past, Carnival Corp remains an important player in the cruise industry and will continue to play a significant role in the future. Carnival is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Carnival stock

FCF Conversion Rate (FCF/EBITDA) of Carnival is 94.46 % in 2025.

FCF Conversion Rate (FCF/EBITDA) of Carnival changed from 67.69 % to 94.46 %, representing a 39.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of FCF Conversion Rate (FCF/EBITDA) Carnival since 2006 – with annual values, charts, and detailed analysis.

FCF conversion measures how effectively EBITDA converts to free cash flow. Higher conversion indicates efficient capital allocation and low maintenance costs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare FCF Conversion Rate (FCF/EBITDA)'s Carnival with sector peers and the industry average to assess whether it is attractive.

To evaluate FCF Conversion Rate (FCF/EBITDA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for FCF Conversion Rate (FCF/EBITDA).

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Cash Flow — Carnival

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