Carnival PLC (CCL) — Capital Reinvestment Ratio
Latest as of February 2026:
0.45x
Carnival PLC (CCL) has a Capital Reinvestment Ratio of 0.45x as of February 2026, meaning it reinvests 0% of its operating cash flow (GBX1.25 Billion) in capital expenditures (GBX562.61 Million). See Carnival PLC (CCL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.45x
Capex / Operating Cash Flow
Operating Cash Flow
GBX1.25 Billion
GBX
Capital Expenditures
GBX562.61 Million
GBX
Data as of
Feb 2026
Most recent filing
Carnival PLC Capital Reinvestment Ratio (1991–2025)
This chart tracks Carnival PLC's Capital Reinvestment Ratio across 32 annual periods.
Annual Capital Reinvestment Ratio for Carnival PLC (1991–2025)
Year-by-year Capital Reinvestment Ratio for Carnival PLC from 1991 to 2025. For live market cap and broader valuation context, see how much is Carnival PLC worth.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.58x | GBX6.22 Billion | GBX3.61 Billion | ▼ -25.6% |
| 2024 | 0.78x | GBX5.92 Billion | GBX4.63 Billion | ▲ +1.8% |
| 2023 | 0.77x | GBX4.28 Billion | GBX3.28 Billion | ▼ -22.6% |
| 2019 | 0.99x | GBX5.47 Billion | GBX5.43 Billion | ▲ +46.8% |
| 2018 | 0.68x | GBX5.55 Billion | GBX3.75 Billion | ▲ +22.1% |
| 2017 | 0.55x | GBX5.32 Billion | GBX2.94 Billion | ▼ -7.3% |
| 2016 | 0.60x | GBX5.13 Billion | GBX3.06 Billion | ▲ +18.2% |
| 2015 | 0.50x | GBX4.54 Billion | GBX2.29 Billion | ▼ -33.0% |
| 2014 | 0.75x | GBX3.43 Billion | GBX2.58 Billion | ▼ -0.7% |
| 2013 | 0.76x | GBX2.83 Billion | GBX2.15 Billion | ▼ -2.5% |
| 2012 | 0.78x | GBX3.00 Billion | GBX2.33 Billion | ▲ +8.6% |
| 2011 | 0.72x | GBX3.77 Billion | GBX2.70 Billion | ▼ -23.6% |
| 2010 | 0.94x | GBX3.82 Billion | GBX3.58 Billion | ▼ -7.3% |
| 2009 | 1.01x | GBX3.34 Billion | GBX3.38 Billion | ▲ +2.3% |
| 2008 | 0.99x | GBX3.39 Billion | GBX3.35 Billion | ▲ +21.5% |
| 2007 | 0.81x | GBX4.07 Billion | GBX3.31 Billion | ▲ +19.2% |
| 2006 | 0.68x | GBX3.63 Billion | GBX2.48 Billion | ▲ +17.7% |
| 2005 | 0.58x | GBX3.41 Billion | GBX1.98 Billion | ▼ -48.0% |
| 2004 | 1.12x | GBX3.22 Billion | GBX3.59 Billion | ▼ -14.3% |
| 2003 | 1.30x | GBX1.93 Billion | GBX2.52 Billion | ▼ -3.7% |
| 2002 | 1.35x | GBX1.47 Billion | GBX1.99 Billion | ▲ +102.7% |
| 2001 | 0.67x | GBX1.24 Billion | GBX826.57 Million | ▼ -19.1% |
| 2000 | 0.82x | GBX1.28 Billion | GBX1.05 Billion | ▲ +25.6% |
| 1999 | 0.66x | GBX1.33 Billion | GBX872.98 Million | ▼ -37.7% |
| 1998 | 1.05x | GBX1.09 Billion | GBX1.15 Billion | ▲ +85.8% |
| 1997 | 0.57x | GBX877.58 Million | GBX497.66 Million | ▼ -53.4% |
| 1996 | 1.22x | GBX741.52 Million | GBX901.90 Million | ▲ +47.6% |
| 1995 | 0.82x | GBX587.21 Million | GBX483.90 Million | ▼ -25.6% |
| 1994 | 1.11x | GBX537.14 Million | GBX594.79 Million | ▼ -25.5% |
| 1993 | 1.49x | GBX479.80 Million | GBX712.80 Million | ▲ +384.9% |
| 1992 | 0.31x | GBX394.30 Million | GBX120.80 Million | ▼ -9.6% |
| 1991 | 0.34x | GBX344.40 Million | GBX116.70 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow