Carnival Corporation & plc Cash Flow Conversion Efficiency

Latest as of February 2026: 0.097x

Carnival Corporation & plc cash flow conversion efficiency. Based on the latest financial reports, Carnival Corporation & plc (POH1) has a cash flow conversion efficiency ratio of 0.097x as of February 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€1.26 Billion ≈ $1.48 Billion USD) by net assets (€13.05 Billion ≈ $15.26 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Carnival Corporation & plc (2014–2025)

Cash flow conversion efficiency of Carnival Corporation & plc from 2014 to 2025. This chart illustrates how Carnival Corporation & plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View POH1 stock price and chart for real-time trading data and today's change.

Carnival Corporation & plc Cash Flow Conversion Ratio Explained

Carnival Corporation & plc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Carnival Corporation & plc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Carnival Corporation & plc ranked by their cash flow conversion efficiency. Also see POH1 market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
KEI Industries Limited NSE:KEI	0.062x
Garrett Motion Inc NASDAQ:GTX	-0.215x
Independent Bank NASDAQ:INDB	0.021x
AUMOVIO N XETRA:AMV0	N/A
Marriot Vacations Worldwide NYSE:VAC	0.039x
Aneka Tambang (Persero) TBK (PT) AU:ATM	-0.079x
Federated Investors Inc B NYSE:FHI	0.082x
Nanjing Iron & Steel Co Ltd SHG:600282	0.018x

Annual Cash Flow Conversion Efficiency for Carnival Corporation & plc (2014–2025)

The table below shows the annual cash flow conversion efficiency of Carnival Corporation & plc from 2014 to 2025. Review Carnival Corporation & plc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-11-30	€12.28 Billion ≈ $14.36 Billion	€6.22 Billion ≈ $7.27 Billion	0.506x	-20.93%
2024-11-30	€9.25 Billion ≈ $10.82 Billion	€5.92 Billion ≈ $6.92 Billion	0.640x	+35.90%
2023-11-30	€6.88 Billion ≈ $8.05 Billion	€3.24 Billion ≈ $3.79 Billion	0.471x	+299.27%
2022-11-30	€7.06 Billion ≈ $8.26 Billion	€-1.67 Billion ≈ $-1.95 Billion	-0.236x	+30.13%
2021-11-30	€12.14 Billion ≈ $14.20 Billion	€-4.11 Billion ≈ $-4.80 Billion	-0.338x	-10.38%
2020-11-30	€20.55 Billion ≈ $24.03 Billion	€-6.30 Billion ≈ $-7.37 Billion	-0.307x	-242.02%
2019-11-30	€25.36 Billion ≈ $29.65 Billion	€5.47 Billion ≈ $6.40 Billion	0.216x	-4.92%
2018-11-30	€24.44 Billion ≈ $28.58 Billion	€5.55 Billion ≈ $6.49 Billion	0.227x	+3.30%
2017-11-30	€24.22 Billion ≈ $28.31 Billion	€5.32 Billion ≈ $6.22 Billion	0.220x	-3.27%
2016-11-30	€22.60 Billion ≈ $26.42 Billion	€5.13 Billion ≈ $6.00 Billion	0.227x	+18.83%
2015-11-30	€23.77 Billion ≈ $27.79 Billion	€4.54 Billion ≈ $5.31 Billion	0.191x	+34.92%
2014-11-30	€24.20 Billion ≈ $28.30 Billion	€3.43 Billion ≈ $4.01 Billion	0.142x	--

About Carnival Corporation & plc

F:POH1 Germany Travel Services

Market Cap

$3.90 Billion

€3.33 Billion EUR

Market Cap Rank

#4048 Global

#734 in Germany

Share Price

€22.74

Change (1 day)

+3.46%

52-Week Range

€19.70 - €28.03

All Time High

€55.51