Carnival PLC (CCL) — Cash Flow Quality Index
Latest as of February 2026:
4.76x
Carnival PLC (CCL) has a Cash Flow Quality Index of 4.76x as of February 2026. Operating cash flow of GBX1.25 Billion exceeds net income of GBX263.00 Million, indicating high earnings quality where cash backs reported profits. Explore CCL operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
4.76x
Operating CF / Net Income
Operating Cash Flow
GBX1.25 Billion
GBX
Net Income
GBX263.00 Million
GBX
Data as of
Feb 2026
Most recent filing
Carnival PLC Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for Carnival PLC across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CCL cash generation efficiency.
Annual Cash Flow Quality Index for Carnival PLC (1991–2025)
Year-by-year earnings quality comparison for Carnival PLC.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.25x | GBX6.22 Billion | GBX2.76 Billion | ▼ -27.1% |
| 2024 | 3.09x | GBX5.92 Billion | GBX1.92 Billion | ▲ +68.8% |
| 2019 | 1.83x | GBX5.47 Billion | GBX2.99 Billion | ▲ +4.0% |
| 2018 | 1.76x | GBX5.55 Billion | GBX3.15 Billion | ▼ -13.8% |
| 2017 | 2.04x | GBX5.32 Billion | GBX2.61 Billion | ▲ +10.5% |
| 2016 | 1.85x | GBX5.13 Billion | GBX2.78 Billion | ▼ -28.6% |
| 2015 | 2.59x | GBX4.54 Billion | GBX1.76 Billion | ▼ -6.8% |
| 2014 | 2.78x | GBX3.43 Billion | GBX1.24 Billion | ▲ +5.6% |
| 2013 | 2.63x | GBX2.83 Billion | GBX1.08 Billion | ▲ +13.8% |
| 2012 | 2.31x | GBX3.00 Billion | GBX1.30 Billion | ▲ +17.3% |
| 2011 | 1.97x | GBX3.77 Billion | GBX1.91 Billion | ▲ +2.0% |
| 2010 | 1.93x | GBX3.82 Billion | GBX1.98 Billion | ▲ +3.4% |
| 2009 | 1.87x | GBX3.34 Billion | GBX1.79 Billion | ▲ +28.3% |
| 2008 | 1.46x | GBX3.39 Billion | GBX2.33 Billion | ▼ -13.9% |
| 2007 | 1.69x | GBX4.07 Billion | GBX2.41 Billion | ▲ +6.0% |
| 2006 | 1.59x | GBX3.63 Billion | GBX2.28 Billion | ▲ +5.5% |
| 2005 | 1.51x | GBX3.41 Billion | GBX2.26 Billion | ▼ -12.9% |
| 2004 | 1.73x | GBX3.22 Billion | GBX1.85 Billion | ▲ +7.1% |
| 2003 | 1.62x | GBX1.93 Billion | GBX1.19 Billion | ▲ +12.0% |
| 2002 | 1.45x | GBX1.47 Billion | GBX1.02 Billion | ▲ +8.1% |
| 2001 | 1.34x | GBX1.24 Billion | GBX926.20 Million | ▲ +0.9% |
| 2000 | 1.33x | GBX1.28 Billion | GBX965.46 Million | ▲ +2.4% |
| 1999 | 1.29x | GBX1.33 Billion | GBX1.03 Billion | ▼ -0.9% |
| 1998 | 1.31x | GBX1.09 Billion | GBX835.88 Million | ▼ -0.9% |
| 1997 | 1.32x | GBX877.58 Million | GBX666.05 Million | ▲ +0.6% |
| 1996 | 1.31x | GBX741.52 Million | GBX566.30 Million | ▲ +0.6% |
| 1995 | 1.30x | GBX587.21 Million | GBX451.09 Million | ▼ -7.5% |
| 1994 | 1.41x | GBX537.14 Million | GBX381.76 Million | ▼ -6.7% |
| 1993 | 1.51x | GBX479.80 Million | GBX318.20 Million | ▲ +5.8% |
| 1992 | 1.43x | GBX394.30 Million | GBX276.60 Million | ▼ -64.8% |
| 1991 | 4.05x | GBX344.40 Million | GBX85.00 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.