Carnival Corporation Cash Flow Quality Index
Carnival Corporation cash flow quality index. Carnival Corporation (CCL) has a Cash Flow Quality Index of 4.80x as of February 2026. Operating cash flow of $1.26 Billion exceeds net income of $263.00 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Carnival Corporation to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Carnival Corporation (1991–2025)
Cash flow quality index of Carnival Corporation from 1991 to 2025. Historical Cash Flow Quality Index for Carnival Corporation across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Carnival Corporation balance sheet independence to measure how much of total assets are equity-financed.
Carnival Corporation Cash Flow Quality Index by Year (1991–2025)
Carnival Corporation cash flow quality index by year from 1991 to 2025. Year-by-year earnings quality comparison for Carnival Corporation. For the full cash flow conversion analysis, see CCL cash generation efficiency.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.25x | $6.22 Billion | $2.76 Billion | ▼ -27.1% |
| 2024 | 3.09x | $5.92 Billion | $1.92 Billion | ▲ +68.8% |
| 2019 | 1.83x | $5.47 Billion | $2.99 Billion | ▲ +4.0% |
| 2018 | 1.76x | $5.55 Billion | $3.15 Billion | ▼ -13.8% |
| 2017 | 2.04x | $5.32 Billion | $2.61 Billion | ▲ +10.5% |
| 2016 | 1.85x | $5.13 Billion | $2.78 Billion | ▼ -28.6% |
| 2015 | 2.59x | $4.54 Billion | $1.76 Billion | ▼ -6.8% |
| 2014 | 2.78x | $3.43 Billion | $1.24 Billion | ▲ +5.6% |
| 2013 | 2.63x | $2.83 Billion | $1.08 Billion | ▲ +13.8% |
| 2012 | 2.31x | $3.00 Billion | $1.30 Billion | ▲ +17.3% |
| 2011 | 1.97x | $3.77 Billion | $1.91 Billion | ▲ +2.0% |
| 2010 | 1.93x | $3.82 Billion | $1.98 Billion | ▲ +3.4% |
| 2009 | 1.87x | $3.34 Billion | $1.79 Billion | ▲ +28.3% |
| 2008 | 1.46x | $3.39 Billion | $2.33 Billion | ▼ -13.9% |
| 2007 | 1.69x | $4.07 Billion | $2.41 Billion | ▲ +6.0% |
| 2006 | 1.59x | $3.63 Billion | $2.28 Billion | ▲ +5.5% |
| 2005 | 1.51x | $3.41 Billion | $2.26 Billion | ▼ -12.9% |
| 2004 | 1.73x | $3.22 Billion | $1.85 Billion | ▲ +7.1% |
| 2003 | 1.62x | $1.93 Billion | $1.19 Billion | ▲ +12.0% |
| 2002 | 1.45x | $1.47 Billion | $1.02 Billion | ▲ +8.1% |
| 2001 | 1.34x | $1.24 Billion | $926.20 Million | ▲ +0.9% |
| 2000 | 1.33x | $1.28 Billion | $965.46 Million | ▲ +2.4% |
| 1999 | 1.29x | $1.33 Billion | $1.03 Billion | ▼ -0.9% |
| 1998 | 1.31x | $1.09 Billion | $835.88 Million | ▼ -0.9% |
| 1997 | 1.32x | $877.58 Million | $666.05 Million | ▲ +0.6% |
| 1996 | 1.31x | $741.52 Million | $566.30 Million | ▲ +0.6% |
| 1995 | 1.30x | $587.21 Million | $451.09 Million | ▼ -7.5% |
| 1994 | 1.41x | $537.14 Million | $381.76 Million | ▼ -6.7% |
| 1993 | 1.51x | $479.80 Million | $318.20 Million | ▲ +5.8% |
| 1992 | 1.43x | $394.30 Million | $276.60 Million | ▼ -64.8% |
| 1991 | 4.05x | $344.40 Million | $85.00 Million | — |