Carnival Corporation Ltd. (CCL) — Free Cash Flow Yield

Consumer Cyclical

Carnival Corporation Ltd., a cruise company, provides leisure travel services. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company offers its services under the AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn brands. It sells its cruises through travel agents, tour operators, vacation planners, websites, and onboard future cruise consultants. Carnival Corporation Ltd. was founded in 1972 and is headquartered in Miami, Florida.

MetricValue
FCF Yield6.8%
Consumer Cyclical Sector Avg FCF Yield5.1%
Annual Free Cash Flow$2.6B
Market Cap$38.5B
P/E Ratio12.7x

Carnival Corporation Ltd.'s FCF yield of 6.8% is above the Consumer Cyclical sector average (5.1%).

Frequently Asked Questions

What is Carnival Corporation Ltd.'s (CCL) free cash flow yield?

Carnival Corporation Ltd.'s (CCL) free cash flow yield is 6.8%. That is above the Consumer Cyclical sector average (5.1%).

Is CCL's free cash flow yield good?

At 6.8%, CCL's free cash flow yield is considered fair — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.

How much free cash flow does Carnival Corporation Ltd. generate?

Carnival Corporation Ltd. generated $2.6B in free cash flow, against a market cap of $38.5B.

How is free cash flow yield calculated?

Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.

Data from public filings. Not investment advice. Calculate your own FCF yield →