Carnival PLC (CCL) — Cash Flow Reinvestment Rate
Carnival PLC (CCL) has a Cash Flow Reinvestment Rate of 0.45x as of February 2026, reinvesting GBX562.61 Million (capex GBX562.61 Million ) from operating cash flow of GBX1.25 Billion. See Carnival PLC (CCL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Carnival PLC Cash Flow Reinvestment Rate (1991–2025)
Historical reinvestment intensity for Carnival PLC across 32 annual periods. For the full cash flow conversion analysis, see CCL cash generation efficiency.
Annual Cash Flow Reinvestment Rate for Carnival PLC (1991–2025)
Year-by-year capital reinvestment analysis for Carnival PLC. See financial agility of Carnival PLC to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.58x | GBX3.61 Billion | GBX6.22 Billion | GBX3.61 Billion | ▼ -62.5% |
| 2024 | 1.55x | GBX9.16 Billion | GBX5.92 Billion | GBX4.63 Billion | ▲ +8.7% |
| 2023 | 1.42x | GBX6.09 Billion | GBX4.28 Billion | GBX3.28 Billion | ▼ -27.2% |
| 2019 | 1.96x | GBX10.71 Billion | GBX5.47 Billion | GBX5.43 Billion | ▲ +49.6% |
| 2018 | 1.31x | GBX7.25 Billion | GBX5.55 Billion | GBX3.75 Billion | ▲ +15.3% |
| 2017 | 1.13x | GBX6.03 Billion | GBX5.32 Billion | GBX2.94 Billion | ▼ -8.9% |
| 2016 | 1.24x | GBX6.38 Billion | GBX5.13 Billion | GBX3.06 Billion | ▲ +124.9% |
| 2015 | 0.55x | GBX2.51 Billion | GBX4.54 Billion | GBX2.29 Billion | ▼ -26.6% |
| 2014 | 0.75x | GBX2.58 Billion | GBX3.43 Billion | GBX2.58 Billion | ▼ -0.7% |
| 2013 | 0.76x | GBX2.15 Billion | GBX2.83 Billion | GBX2.15 Billion | ▼ -2.5% |
| 2012 | 0.78x | GBX2.33 Billion | GBX3.00 Billion | GBX2.33 Billion | ▲ +8.6% |
| 2011 | 0.72x | GBX2.70 Billion | GBX3.77 Billion | GBX2.70 Billion | ▼ -23.6% |
| 2010 | 0.94x | GBX3.58 Billion | GBX3.82 Billion | GBX3.58 Billion | ▼ -7.3% |
| 2009 | 1.01x | GBX3.38 Billion | GBX3.34 Billion | GBX3.38 Billion | ▲ +2.3% |
| 2008 | 0.99x | GBX3.35 Billion | GBX3.39 Billion | GBX3.35 Billion | ▲ +21.5% |
| 2007 | 0.81x | GBX3.31 Billion | GBX4.07 Billion | GBX3.31 Billion | ▲ +19.2% |
| 2006 | 0.68x | GBX2.48 Billion | GBX3.63 Billion | GBX2.48 Billion | ▲ +17.7% |
| 2005 | 0.58x | GBX1.98 Billion | GBX3.41 Billion | GBX1.98 Billion | ▼ -48.0% |
| 2004 | 1.12x | GBX3.59 Billion | GBX3.22 Billion | GBX3.59 Billion | ▼ -14.3% |
| 2003 | 1.30x | GBX2.52 Billion | GBX1.93 Billion | GBX2.52 Billion | ▼ -3.7% |
| 2002 | 1.35x | GBX1.99 Billion | GBX1.47 Billion | GBX1.99 Billion | ▲ +102.7% |
| 2001 | 0.67x | GBX826.57 Million | GBX1.24 Billion | GBX826.57 Million | ▼ -19.1% |
| 2000 | 0.82x | GBX1.05 Billion | GBX1.28 Billion | GBX1.05 Billion | ▲ +25.6% |
| 1999 | 0.66x | GBX872.98 Million | GBX1.33 Billion | GBX872.98 Million | ▼ -37.7% |
| 1998 | 1.05x | GBX1.15 Billion | GBX1.09 Billion | GBX1.15 Billion | ▲ +85.8% |
| 1997 | 0.57x | GBX497.66 Million | GBX877.58 Million | GBX497.66 Million | ▼ -53.4% |
| 1996 | 1.22x | GBX901.90 Million | GBX741.52 Million | GBX901.90 Million | ▲ +47.6% |
| 1995 | 0.82x | GBX483.90 Million | GBX587.21 Million | GBX483.90 Million | ▼ -25.6% |
| 1994 | 1.11x | GBX594.79 Million | GBX537.14 Million | GBX594.79 Million | ▼ -25.5% |
| 1993 | 1.49x | GBX712.80 Million | GBX479.80 Million | GBX712.80 Million | ▲ +384.9% |
| 1992 | 0.31x | GBX120.80 Million | GBX394.30 Million | GBX120.80 Million | ▼ -9.6% |
| 1991 | 0.34x | GBX116.70 Million | GBX344.40 Million | GBX116.70 Million | — |