Carnival PLC (CCL) — Capital Reinvestment Ratio
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 CCL net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Carnival PLC Capital Reinvestment Ratio (1991–2025)
This chart tracks Carnival PLC's Capital Reinvestment Ratio across 32 annual periods. Check CCL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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 CCL stock market capitalisation.
| 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 | — |