The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

CCL

Concerning the House

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.

United States · www.carnivalcorp.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$26.62B+6.2%
Operating income$4.48B+3.6%
Net income$2.76B+1.4%
Cash from ops$6.22B+3.6%
Quotation

$28.42

+0.75 (+2.7%)

52w hi$33.45
52w lo$23.65
Vol12.20M
As ofAug 13
The Verdict

Hold

Our score -0.25

Short-0.11
Medium-0.37
Long-0.27

computed 2026-08-13

By the Numbers

Carnival Corporation Ltd.

Consumer Cyclical · Travel Services

Market cap$38.93B
Enterprise value$61.84B
Trailing P/E12.80x
Forward P/E10.77x
EV / EBITDA8.47x
P / S (ttm)1.43x
Profit margin11.2%
Return on equity26.7%
Revenue growth+5.3%
Earnings growth-6.5%
Debt / equity201.56
Risk Metrics
Beta vs SPX1.91
Corr SPX0.65
Annual vol47.6%
Annual ret+44.9%
Sharpe0.94
Max DD-42.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.20
Sector+0.01
Technical-0.05
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$28.17$28.60$27.95$28.4212.20M
Aug 12$27.92$28.11$27.48$27.6710.93M
Aug 11$27.99$28.43$27.55$27.7313.93M
Aug 10$28.30$28.49$27.70$27.7524.29M
Aug 7$29.27$29.27$28.32$28.9913.38M