Carnival Corporation (CCL) — Cash Flow Reinvestment Rate
Carnival Corporation (CCL) has a Cash Flow Reinvestment Rate of 0.45x as of February 2026, reinvesting $566.00 Million (capex $566.00 Million ) from operating cash flow of $1.26 Billion. Explore Carnival Corporation (CCL) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Carnival Corporation Cash Flow Reinvestment Rate (1991–2025)
Historical reinvestment intensity for Carnival Corporation across 32 annual periods. Also explore Carnival Corporation assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Carnival Corporation (1991–2025)
Year-by-year capital reinvestment analysis for Carnival Corporation. For live market cap and broader valuation context, see CCL market cap overview.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.58x | $3.61 Billion | $6.22 Billion | $3.61 Billion | ▼ -62.5% |
| 2024 | 1.55x | $9.16 Billion | $5.92 Billion | $4.63 Billion | ▼ -4.1% |
| 2023 | 1.61x | $6.91 Billion | $4.28 Billion | $3.28 Billion | ▼ -17.5% |
| 2019 | 1.96x | $10.71 Billion | $5.47 Billion | $5.43 Billion | ▲ +186.4% |
| 2018 | 0.68x | $3.79 Billion | $5.55 Billion | $3.75 Billion | ▲ +15.4% |
| 2017 | 0.59x | $3.15 Billion | $5.32 Billion | $2.94 Billion | ▼ -52.5% |
| 2016 | 1.24x | $6.38 Billion | $5.13 Billion | $3.06 Billion | ▲ +124.9% |
| 2015 | 0.55x | $2.51 Billion | $4.54 Billion | $2.29 Billion | ▼ -26.6% |
| 2014 | 0.75x | $2.58 Billion | $3.43 Billion | $2.58 Billion | ▼ -0.6% |
| 2013 | 0.76x | $2.15 Billion | $2.83 Billion | $2.15 Billion | ▼ -2.5% |
| 2012 | 0.78x | $2.33 Billion | $3.00 Billion | $2.33 Billion | ▲ +8.6% |
| 2011 | 0.72x | $2.70 Billion | $3.77 Billion | $2.70 Billion | ▼ -23.6% |
| 2010 | 0.94x | $3.58 Billion | $3.82 Billion | $3.58 Billion | ▼ -7.3% |
| 2009 | 1.01x | $3.38 Billion | $3.34 Billion | $3.38 Billion | ▲ +2.3% |
| 2008 | 0.99x | $3.35 Billion | $3.39 Billion | $3.35 Billion | ▲ +21.5% |
| 2007 | 0.81x | $3.31 Billion | $4.07 Billion | $3.31 Billion | ▲ +19.2% |
| 2006 | 0.68x | $2.48 Billion | $3.63 Billion | $2.48 Billion | ▲ +17.7% |
| 2005 | 0.58x | $1.98 Billion | $3.41 Billion | $1.98 Billion | ▼ -48.0% |
| 2004 | 1.12x | $3.59 Billion | $3.22 Billion | $3.59 Billion | ▼ -14.3% |
| 2003 | 1.30x | $2.52 Billion | $1.93 Billion | $2.52 Billion | ▼ -3.7% |
| 2002 | 1.35x | $1.99 Billion | $1.47 Billion | $1.99 Billion | ▲ +102.7% |
| 2001 | 0.67x | $826.57 Million | $1.24 Billion | $826.57 Million | ▼ -19.1% |
| 2000 | 0.82x | $1.05 Billion | $1.28 Billion | $1.05 Billion | ▲ +25.6% |
| 1999 | 0.66x | $872.98 Million | $1.33 Billion | $872.98 Million | ▼ -37.7% |
| 1998 | 1.05x | $1.15 Billion | $1.09 Billion | $1.15 Billion | ▲ +85.8% |
| 1997 | 0.57x | $497.66 Million | $877.58 Million | $497.66 Million | ▼ -53.4% |
| 1996 | 1.22x | $901.90 Million | $741.52 Million | $901.90 Million | ▲ +47.6% |
| 1995 | 0.82x | $483.90 Million | $587.21 Million | $483.90 Million | ▼ -25.6% |
| 1994 | 1.11x | $594.79 Million | $537.14 Million | $594.79 Million | ▼ -25.5% |
| 1993 | 1.49x | $712.80 Million | $479.80 Million | $712.80 Million | ▲ +384.9% |
| 1992 | 0.31x | $120.80 Million | $394.30 Million | $120.80 Million | ▼ -9.6% |
| 1991 | 0.34x | $116.70 Million | $344.40 Million | $116.70 Million | — |