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Carnival PLC
LSE:CCL

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Carnival PLC
LSE:CCL
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Price: 2 084 GBX -3.52%
Market Cap: £28.8B

Gross Margin

40.1%
Current
Improving
by 6.3%
vs 3-y average of 33.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
40.1%
=
Gross Profit
$10.7B
/
Revenue
$26.6B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
40.1%
=
Gross Profit
GBX10.7B
/
Revenue
$26.6B

Peer Comparison

Country Company Market Cap Gross
Margin
UK
Carnival PLC
LSE:CCL
27.3B GBP
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CN
H World Group Ltd
BMV:HTHTN
2.7T MXN
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US
Booking Holdings Inc
NASDAQ:BKNG
134B USD
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US
Marriott International Inc
NASDAQ:MAR
88.3B USD
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US
Airbnb Inc
NASDAQ:ABNB
81.6B USD
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US
Royal Caribbean Cruises Ltd
NYSE:RCL
81.6B USD
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US
Hilton Worldwide Holdings Inc
NYSE:HLT
70.5B USD
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US
Carnival Corp
NYSE:CCL
38.3B USD
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CN
Trip.com Group Ltd
HKEX:9961
256.2B HKD
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US
Viking Holdings Ltd
NYSE:VIK
32.7B USD
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US
Expedia Group Inc
NASDAQ:EXPE
26.4B USD
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Market Distribution

Higher than 96% of companies in United Kingdom
Percentile
96th
Based on 3 001 companies
96th percentile
40.1%
Low
-1 510% — 0.4%
Typical Range
0.4% — 0.7%
High
0.7% — 7 323.1%
Distribution Statistics
United Kingdom
Min -1 510%
30th Percentile 0.4%
Median 0.5%
70th Percentile 0.7%
Max 7 323.1%

Carnival PLC
Glance View

Carnival PLC, a prominent figure in the leisure travel sector, navigated its way into the hearts of millions as the world's largest cruise operator. The company operates a fleet of diverse brands, each offering unique experiences across the globe's waterways. With names like Carnival Cruise Line, Holland America Line, and Seabourn under its umbrella, Carnival caters to a variety of demographics—from families seeking fun-filled adventures to luxury-minded travelers indulging in opulent retreats. The operational mechanics of the company are strategically orchestrated; it capitalizes on scale and brand differentiation to fill its vessels with passengers eager for the promise of exploration, entertainment, and convenience all in one package. These floating cities boast an array of services, from fine dining and spas to casinos and live performances, each contributing to the company's bottom line. Monetization for Carnival comes intricately woven through its large-scale operations. Primarily, the company derives revenue from ticket sales, varying based on cruise duration, destination, and onboard accommodations. On top of this, onboard spending significantly bolsters earnings—whether from specialty dining, shore excursions, or duty-free shopping, each is an avenue for additional revenue streams. Moreover, Carnival's expansive operations benefit from economies of scale, which help the company manage costs more efficiently. The cruise line's expansive geographical reach ensures year-round revenue generation, optimally utilizing its fleet across the different cruising seasons worldwide. Thus, Carnival navigates the wave of combining leisure and profitability, steering through both economic fair tides and storms.

CCL Intrinsic Value
1 392.91 GBX
Overvaluation 33%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
40.1%
=
Gross Profit
$10.7B
/
Revenue
$26.6B
What is Carnival PLC's current Gross Margin?

The current Gross Margin for Carnival PLC is 40.1%, which is above its 3-year median of 33.8%.

How has Gross Margin changed over time?

Over the last 3 years, Carnival PLC’s Gross Margin has increased from 7% to 40.1%. During this period, it reached a low of 7% on Nov 30, 2022 and a high of 40.1% on Nov 30, 2025.

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