Company Quick10K Filing
Carnival
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 693 $34,213
10-Q 2019-09-26 Quarter: 2019-08-31
10-Q 2019-06-24 Quarter: 2019-05-31
10-Q 2019-04-09 Quarter: 2019-02-28
10-K 2019-01-28 Annual: 2018-11-30
10-Q 2018-06-25 Quarter: 2018-05-31
10-Q 2017-09-29 Quarter: 2017-08-31
10-Q 2017-03-30 Quarter: 2017-02-28
10-K 2017-01-30 Annual: 2016-11-30
10-Q 2016-09-30 Quarter: 2016-08-31
10-Q 2016-03-31 Quarter: 2016-02-29
10-Q 2015-07-01 Quarter: 2015-05-31
8-K 2019-10-28 Other Events, Exhibits
8-K 2019-09-26 Earnings, Exhibits
8-K 2019-08-06 Enter Agreement, Off-BS Arrangement
8-K 2019-04-16 Shareholder Vote
8-K 2019-03-26 Earnings, Exhibits

Carnival Financials

CCL Metrics, Comps, Filings

Annual | Quarterly

Business

We are the world's largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries. We are also the largest cruise company, carrying nearly half of global cruise guests, and a leading provider of vacations to all major cruise destinations throughout the world. With operations in North America, Australia, Europe and Asia, we operate a portfolio of leading global, regional and national cruise brands that sell tailored cruise products, services and vacation experiences on 104 cruise ships to the world's most desirable destinations.

Our vision is "Together we deliver unmatched joyful vacation experiences and breakthrough shareholder returns by exceeding guest expectations and leveraging our scale." We believe our portfolio of brands is instrumental to achieving our vision and maintaining our cruise industry leadership positions. Our primary financial goals are to profitably grow our cruise business and increase our return on invested capital, while maintaining our strong investment grade credit ratings and balance sheet. Paramount to the success of our business is our commitment to health, environment, safety, security ("HESS") and sustainability.

To reach our primary financial goals, we continue to implement initiatives to create additional demand for our brands in excess of measured capacity growth, ultimately leading to higher revenue yields. We will continue to identify opportunities to enhance our cruise products and services and optimize our cost structure while preserving the unique identities of our individual brands. We have made significant investments in performing customer segmentation analyses and data analytics to gain insight into our guests' decision-making process and vacation needs enabling us to identify new marketing opportunities and further grow our share of their vacation spend. As we operate in the broader vacation market, we have implemented strategies to grow demand by increasing consumer awareness and consideration for cruise vacations on our portfolio of brands through our ongoing marketing, public relations and guest experience efforts.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
General Dynamics (GD) 51,685 18% 11.3 7% 48,074 35,197 38,288 6,784 3,311 5,285 59,958
Carnival (CCL) 34,213 39% 8.0 7% 44,001 18,706 20,500 7,926 3,060 5,448 43,543
Royal Caribbean Cruises (RCL) 25,038 45% 9.9 6% 29,809 17,714 10,375 4,643 1,863 3,416 33,725
Norwegian Cruise Line (NCLH) 11,554 0% 11.2 6% 15,966 9,816 6,307 0 983 1,577 17,605
Brookfield Infrastructure (BIP) 9,374 0% 36,580 21,912 0 0 0 0 9,080
Huntington Ingalls (HII) 9,338 0% 9.7 10% 7,230 5,602 8,550 0 687 1,146 11,074
Kirby (KEX) 4,544 0% 14.1 2% 6,233 2,911 2,942 0 110 433 6,116
Golar LNG (GLNG) 2,170 0% 4,807 2,981 0 0 0 0 4,031
Matson (MATX) 1,621 0% 10.4 4% 2,658 1,892 2,245 0 93 235 2,433
Euronav (EURN) 1,547 0% 4,127 0 0 0 0 1,436
Seaspan (SSW) 1,403 0% 7,478 4,970 0 0 0 0 4,629
Gaslog (GLOG) 1,366 0% 5,175 0 0 0 0 1,366
Ship Finance International (SFL) 1,294 0% 3,878 2,698 0 0 0 0 3,182
Teekay LNG Partners (TGP) 956 0% 5,385 3,502 0 0 0 0 2,721
Frontline (FRO) 944 0% 3,078 1,914 0 0 0 0 2,617
SEACOR Holdings (CKH) 907 0% 6.7 4% 1,603 695 841 0 62 161 1,080
Tidewater (TDW) 866 3% -17.8 -9% 1,792 679 457 12 -158 -51 911
Gaslog Partners (GLOP) 854 0% 2,489 0 0 0 0 854
Golden Ocean Group (GOGL) 852 0% 2,951 1,428 0 0 0 0 1,829
Star Bulk Carriers (SBLK) 815 0% 3,022 1,502 0 0 0 0 601

Balance Sheet ($MM)2009-11-302010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash5384294504654623311,395603395982
Accounts Receivable
Inventory320320374390374364330322387450
PP&E29,87030,96732,05432,13745,12432,77331,88832,42934,43035,336
Assets36,83537,49038,63739,16140,10439,53239,23738,93640,77842,401
Accounts Payable568503576549639626627713762730
Long-Term Debt9,9129,3649,3538,9029,5608,4228,7578,9979,19510,323
Liabilities14,80014,45914,80515,23215,54815,24415,46616,33916,56217,958
Stockholders' Equity22,03523,03123,83223,92924,55624,28823,77122,59724,21624,443
Income Statement ($MM)2009-11-302010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Revenue13,15716,38917,51018,881
Cost of Revenue8,1049,09210,29910,32010,62410,4039,4479,38310,50111,089
Gross Profit5,0537,0067,0097,792
R&D
SG&A1,5901,6141,7171,7201,8792,0542,0672,1972,2652,450
Tax16194-6-5-40-486054
Net Income1,7901,9781,9121,2981,0781,2361,7572,7792,6063,152
Cash Flow ($MM)2009-11-302010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash Operating3,3423,8183,7662,9992,8343,4304,5455,1345,3225,549
Cash Investing-3,384-3,501-2,646-1,772-2,056-2,507-2,478-3,323-3,089-3,502
Cash Financing-93-404-1,093-1,190-780-1,028-942-2,591-2,452-1,460