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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CarnivalCCL +2.54%79 Revenue per Share is $19.56 as of May. 2026. GuruFocus rates CCL with a GF Score™ of 79/100 and a GF Value™ of $24.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 801 Travel & Leisure companies, Carnival ranks better than 79.15% on this metric.
Carnival's revenue per share for the
three
months ended in May. 2026 was $4.80.
Carnival's revenue per share for the trailing twelve months (TTM) ended in May. 2026 was $19.56.
Warning Sign:
Carnival Corporation Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue Per Share Growth Rate of Carnival was 3.70% per year.
During the past 3 years, the average Revenue Per Share Growth Rate was 22.60% per year.
During the past 5 years, the average Revenue Per Share Growth Rate was 42.50% per year.
During the past 10 years, the average Revenue Per Share Growth Rate was -6.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.
The historical rank and industry rank for Carnival's Revenue per Share or its related term are showing as below:
CCL'
s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -60 Med: 8.6 Max: 119.2
Current: 22.6
During the past 13 years, Carnival's highest 3-Year average Revenue Per Share Growth Rate was 119.20% per year. The lowest was -60.00% per year. And the median was 8.60% per year.
CCL's 3-Year Revenue Growth Rate is ranked better than 79.15% of 801
companies
in the Travel & Leisure industry
Industry Median: 8
vs CCL: 22.60
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Carnival Revenue per Share Related Terms
Carnival Revenue per Share Historical Data
* Premium members only.
The historical data trend for Carnival's Revenue per Share 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.
CCL vs TCOM, VIK, EXPE: Revenue per Share Comparison
For the Travel Services subindustry, Carnival's PS Ratio, along with its competitors' market caps and PS Ratio 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 PS Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's PS Ratio distribution charts can be found below:
* The bar in red indicates where Carnival's PS Ratio falls into.
Revenue per Share is the amount of Revenue per outstanding share of the company's stock.
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Carnival's Revenue Per Share for the fiscal year that ended in Nov. 2025 is calculated as
Revenue per Share 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 $19.56
* 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 (CCL) has a Revenue per Share of $19.56 as of May. 2026. Revenue per share equals the per-share value of a company's sales. View historical data on Carnival and its competitors. According to the industry distribution chart, Carnival ranks #167 out of 801 companies in the Travel & Leisure industry, placing it in the top 20.8%.
Is Carnival's Revenue per Share too high?
Carnival's current Revenue per Share is $19.56. The Travel & Leisure industry median Revenue per Share is 8.00. Carnival's value of $19.56 is 144.5% above this industry median. Based on the distribution chart, Carnival ranks #167 out of 801 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Carnival has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carnival's Revenue per Share compare to TCOM and VIK?
According to the Travel & Leisure industry distribution chart, Carnival ranks #167 out of 801 companies for Revenue per Share. This places Carnival in the top 21% of its industry — outperforming the majority of peers. The industry median Revenue per Share is 8.00. Carnival's value of $19.56 is 144.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue per Share for a Travel & Leisure company?
The median Revenue per Share among Travel & Leisure companies is 8.00, based on 801 companies in the industry. Companies in the top quartile (top 25%) have a Revenue per Share significantly above this median, while those in the bottom quartile fall well below. However, Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carnival's current Revenue per Share of $19.56 is 144.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue per Share mean?
A high Revenue per Share can signal that a stock is expensive relative to its fundamentals. Revenue per share equals the per-share value of a company's sales. View historical data on Carnival and its competitors. For the Travel & Leisure industry, the median Revenue per Share is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival's current Revenue per Share is $19.56. 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 (CCL) is currently considered Fairly Valued. The stock's GF Value™ is $24.35, compared to a current price of $22.40 — trading 8% below its estimated fair value. The current Revenue per Share is $19.56 and 144.5% above the Travel & Leisure industry median of 8.00. Carnival's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue per Share calculated?
Revenue per Share is calculated from a company's financial statements. For Carnival (CCL), the current Revenue per Share is $19.56 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 (CCL) Overvalued in 2026?
Based on GuruFocus' analysis, Carnival stock appears to be undervalued.
The current stock price of $22.40 is trading 8% below its estimated GF Value™ of $24.35.
GuruFocus considers Carnival to be Fairly Valued.
Key valuation signals for CCL:
Revenue per Share: $19.56
GF Value™: $24.35 vs. price of $22.40 (8% below fair value)
Industry Position: 144.5% above the Travel & Leisure median (#167 of 801)
No single metric tells the full story. See the CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
79GF Score
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