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Carnival (LIM:CCL) Net Margin % : 21.97% (As of Aug. 2024)


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What is Carnival Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Carnival's Net Income for the three months ended in Aug. 2024 was $1,735 Mil. Carnival's Revenue for the three months ended in Aug. 2024 was $7,896 Mil. Therefore, Carnival's net margin for the quarter that ended in Aug. 2024 was 21.97%.

The historical rank and industry rank for Carnival's Net Margin % or its related term are showing as below:

LIM:CCL' s Net Margin % Range Over the Past 10 Years
Min: -497.96   Med: 9.42   Max: 16.96
Current: 6.39


LIM:CCL's Net Margin % is ranked better than
58.81% of 823 companies
in the Travel & Leisure industry
Industry Median: 4.28 vs LIM:CCL: 6.39

Carnival Net Margin % Historical Data

The historical data trend for Carnival's Net Margin % can be seen below:

* 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.

* Premium members only.

Carnival Net Margin % Chart

Carnival Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.36 -182.98 -497.96 -50.07 -0.34

Carnival Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.67 -0.89 -3.96 1.59 21.97

Competitive Comparison of Carnival's Net Margin %

For the Travel Services subindustry, Carnival's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carnival's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's Net Margin % distribution charts can be found below:

* The bar in red indicates where Carnival's Net Margin % falls into.



Carnival Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Carnival's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-74/21593
=-0.34 %

Carnival's Net Margin for the quarter that ended in Aug. 2024 is calculated as

Net Margin=Net Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=1735/7896
=21.97 %

* 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.


Carnival  (LIM:CCL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Carnival Net Margin % Related Terms

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Carnival Business Description

Address
3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. 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's currently folding 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 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.