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. Check cash flow quality index of Carnival Corporation to evaluate the quality of earnings relative to operating cash generation.
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. Explore how much of Carnival Corporation's assets are long-term investments to see how much of total assets are deployed in long-term investments.
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 market cap of Carnival Corporation.
| 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 | — |