Carnival Corporation (CCL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Carnival Corporation (CCL) 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) by net assets ($13.05 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Carnival Corporation to measure how much of total assets are equity-financed.
Carnival Corporation - Cash Flow Conversion Efficiency Trend (1991–2025)
This chart illustrates how Carnival Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Carnival Corporation earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Carnival Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carnival Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379
|
-0.013x |
|
Yageo Corp
TW:2327
|
0.053x |
|
AHOLD DELHAI.ADR16 EO-25
F:AHOD
|
0.051x |
|
Commerzbank AG
F:ZZMS
|
-0.215x |
|
Quanta Computer Inc
TW:2382
|
-0.337x |
|
EMCOR Group Inc
NYSE:EME
|
0.000x |
|
Bayer AG NA
XETRA:BAYN
|
0.142x |
|
Prudential Financial Inc
NYSE:PRU
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Carnival Corporation (1991–2025)
The table below shows the annual cash flow conversion efficiency of Carnival Corporation from 1991 to 2025. For the full company profile with market capitalisation and key ratios, see Carnival Corporation (CCL) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-11-30 | $12.28 Billion | $6.22 Billion | 0.506x | -20.93% |
| 2024-11-30 | $9.25 Billion | $5.92 Billion | 0.640x | +2.93% |
| 2023-11-30 | $6.88 Billion | $4.28 Billion | 0.622x | +363.13% |
| 2022-11-30 | $7.06 Billion | $-1.67 Billion | -0.236x | +30.12% |
| 2021-11-30 | $12.14 Billion | $-4.11 Billion | -0.338x | -10.37% |
| 2020-11-30 | $20.55 Billion | $-6.30 Billion | -0.307x | -242.02% |
| 2019-11-30 | $25.36 Billion | $5.47 Billion | 0.216x | -4.92% |
| 2018-11-30 | $24.44 Billion | $5.55 Billion | 0.227x | +3.30% |
| 2017-11-30 | $24.22 Billion | $5.32 Billion | 0.220x | -3.27% |
| 2016-11-30 | $22.60 Billion | $5.13 Billion | 0.227x | +18.83% |
| 2015-11-30 | $23.77 Billion | $4.54 Billion | 0.191x | +35.39% |
| 2014-11-30 | $24.29 Billion | $3.43 Billion | 0.141x | +22.37% |
| 2013-11-30 | $24.56 Billion | $2.83 Billion | 0.115x | -7.91% |
| 2012-11-30 | $23.93 Billion | $3.00 Billion | 0.125x | -20.69% |
| 2011-11-30 | $23.83 Billion | $3.77 Billion | 0.158x | -4.68% |
| 2010-11-30 | $23.03 Billion | $3.82 Billion | 0.166x | +9.30% |
| 2009-11-30 | $22.04 Billion | $3.34 Billion | 0.152x | -14.58% |
| 2008-11-30 | $19.10 Billion | $3.39 Billion | 0.178x | -12.89% |
| 2007-11-30 | $19.96 Billion | $4.07 Billion | 0.204x | +2.17% |
| 2006-11-30 | $18.21 Billion | $3.63 Billion | 0.200x | -0.70% |
| 2005-11-30 | $16.97 Billion | $3.41 Billion | 0.201x | -1.54% |
| 2004-11-30 | $15.76 Billion | $3.22 Billion | 0.204x | +45.61% |
| 2003-11-30 | $13.79 Billion | $1.93 Billion | 0.140x | -29.23% |
| 2002-11-30 | $7.42 Billion | $1.47 Billion | 0.198x | +5.35% |
| 2001-11-30 | $6.59 Billion | $1.24 Billion | 0.188x | -13.75% |
| 2000-11-30 | $5.87 Billion | $1.28 Billion | 0.218x | -2.78% |
| 1999-11-30 | $5.93 Billion | $1.33 Billion | 0.224x | -9.28% |
| 1998-11-30 | $4.42 Billion | $1.09 Billion | 0.247x | +1.52% |
| 1997-11-30 | $3.61 Billion | $877.58 Million | 0.243x | -0.50% |
| 1996-11-30 | $3.03 Billion | $741.52 Million | 0.245x | -2.30% |
| 1995-11-30 | $2.34 Billion | $587.21 Million | 0.250x | -10.07% |
| 1994-11-30 | $1.93 Billion | $537.14 Million | 0.278x | -5.56% |
| 1993-11-30 | $1.63 Billion | $479.80 Million | 0.295x | +3.56% |
| 1992-11-30 | $1.38 Billion | $394.30 Million | 0.285x | -3.18% |
| 1991-11-30 | $1.17 Billion | $344.40 Million | 0.294x | -- |
About Carnival Corporation
Carnival Corporation & plc, a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally. 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 motorcoac… Read more