Carnival (MEX:CCL) Interest Expense: MXN-23,387 Mil (TTM As of Feb. 2026)

What is Carnival Interest Expense?

Carnival MEX:CCL 76 Interest Expense is MXN-23,387 Mil as of Feb. 2026. GuruFocus rates MEX:CCL with a GF Score™ of 76/100 and a GF Value™ of MXN352.19. The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carnival's interest expense for the three months ended in Feb. 2026 was MXN -5,011 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was MXN-23,387 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Carnival's Operating Income for the three months ended in Feb. 2026 was MXN 10,436 Mil. Carnival's Interest Expense for the three months ended in Feb. 2026 was MXN -5,011 Mil. Carnival's Interest Coverage for the quarter that ended in Feb. 2026 was 2.08. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Carnival (MEX:CCL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Carnival's Interest Expense for the three months ended in Feb. 2026 was MXN-5,011 Mil. Its Operating Income for the three months ended in Feb. 2026 was MXN10,436 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was MXN429,381 Mil.

Carnival's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2026 )	/	Interest Expense (Q: Feb. 2026 )
	=	-1	*	10435.744	/	-5011.224
	=	2.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Carnival Interest Expense Historical Data

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The historical data trend for Carnival's Interest Expense can be seen below:

Carnival Interest Expense Chart

Carnival Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Nov25

Interest Expense

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-34,346.25

-31,159.89

-35,898.40

-35,768.21

-24,713.98

Carnival Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Interest Expense	Get a 7-Day Free Trial															-7,738.08	-6,625.67	-5,978.78	-5,770.87	-5,011.22

76GF Score

Carnival PLC MEX:CCL

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Carnival Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-23,387 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of MXN-23,387 Mil mean?

Carnival (MEX:CCL) has a Interest Expense of MXN-23,387 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Carnival and its competitors.

Is Carnival's Interest Expense too high?

Carnival's current Interest Expense is MXN-23,387 Mil. Overall, Carnival has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.

How does Carnival's Interest Expense compare to CCL and VIK?

Carnival's Interest Expense of MXN-23,387 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Travel & Leisure company?

A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Carnival and its competitors. Carnival's current Interest Expense is MXN-23,387 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Carnival stock overvalued right now?

Carnival (MEX:CCL) has a current Interest Expense of MXN-23,387 Mil. The stock's GF Value™ is MXN352.19, compared to a current price of MXN438.26 — trading 24.4% above its estimated fair value. The current Interest Expense is MXN-23,387 Mil. Carnival's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Carnival (MEX:CCL), the current Interest Expense is MXN-23,387 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carnival (MEX:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of MXN438.26 is trading 24.4% above its estimated GF Value™ of MXN352.19.

Key valuation signals for MEX:CCL:

Interest Expense: MXN-23,387 Mil
GF Value™: MXN352.19 vs. price of MXN438.26 (24.4% above fair value)
GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the MEX:CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carnival Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies CCL VIK TCOM EXPE NCLH GBTG TNL MMYT LIND PRSU BKNG ABNB RCL STU:POH1 HKSE:00780 BOM:542830 XTER:TUI1 LSE:JET2 XMAD:HBX SAU:1810

Address Carnival House, 100 Harbour Parade, Southampton, Hampshire, GBR, S015 1ST

Website https://www.carnivalplc.com

Carnival PLC is the largest global cruise company, with nearly 100 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It recently folded its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 14 million guests in 2025.

76GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN438.26

Price

MXN352.19

GF Value

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