Carnival (LIM:CCL) Other Operating Expense: $2,862 Mil (TTM As of May. 2026)

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LIM:CCL Carnival Corporation Ltd LIM:CCL
63 GF Score
Price $26.52
GF Value $22.07
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Carnival Other Operating Expense?

Carnival LIM:CCL 63 Other Operating Expense is $2,862 Mil as of May. 2026. GuruFocus rates LIM:CCL with a GF Score™ of 63/100 and a GF Value™ of $22.07 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Carnival's Other Operating Expense for the three months ended in May. 2026 was $723 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in May. 2026 was $2,862 Mil.

Carnival's quarterly Other Operating Expense declined from Nov. 2025 ($726 Mil) to Feb. 2026 ($696 Mil) but then increased from Feb. 2026 ($696 Mil) to May. 2026 ($723 Mil).

Carnival's annual Other Operating Expense increased from Nov. 2023 ($2,370 Mil) to Nov. 2024 ($2,557 Mil) and increased from Nov. 2024 ($2,557 Mil) to Nov. 2025 ($2,790 Mil).

Carnival Other Operating Expense Historical Data

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The historical data trend for Carnival's Other Operating Expense 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.

Carnival Other Operating Expense Chart

Carnival Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,233.00 2,275.00 2,370.00 2,557.00 2,790.00

Carnival Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Other Operating Expense 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 692.00 717.00 726.00 696.00 723.00
LIM:CCL
63GF Score
Carnival Corporation Ltd LIM:CCL
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Carnival Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,862 Mil.

* 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.

What does a Other Operating Expense of $2,862 Mil mean?
Carnival (LIM:CCL) has a Other Operating Expense of $2,862 Mil as of May. 2026. Other operating expenses that a company records on its income statement. View historical data on Carnival and its competitors.
Is Carnival's Other Operating Expense too high?
Carnival's current Other Operating Expense is $2,862 Mil. Overall, Carnival has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival's Other Operating Expense compare to VIK and EXPE?
Carnival's Other Operating Expense of $2,862 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 Other Operating Expense for a Travel & Leisure company?
A good Other Operating Expense depends on the Travel & Leisure industry context. However, Other Operating 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Carnival and its competitors. Carnival's current Other Operating Expense is $2,862 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?
Based on GuruFocus' analysis, Carnival (LIM:CCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.07, compared to a current price of $26.52 — trading 20.2% above its estimated fair value. The current Other Operating Expense is $2,862 Mil. Carnival's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Carnival (LIM:CCL), the current Other Operating Expense is $2,862 Mil as of May. 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 (LIM:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of $26.52 is trading 20.2% above its estimated GF Value™ of $22.07. GuruFocus considers Carnival to be Modestly Overvalued.

Key valuation signals for LIM:CCL:

  • Other Operating Expense: $2,862 Mil
  • GF Value™: $22.07 vs. price of $26.52 (20.2% above fair value)
  • GF Score™: 63/100 with 5 warning signs

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

Carnival Business Description

Address 3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival 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.
63GF Score

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

$26.52
Price
$22.07
GF Value