Carnival Plc ADS (CUK) — Cash Flow Reinvestment Rate

Latest as of February 2026: 0.45x

Carnival Plc ADS (CUK) 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. See CUK free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.45x
(Capex + Investments) / Operating CF

Total Reinvested

$566.00 Million
Capex + Investments

Operating Cash Flow

$1.26 Billion
USD

Capital Expenditures

$566.00 Million
USD

Carnival Plc ADS Cash Flow Reinvestment Rate (1991–2025)

Historical reinvestment intensity for Carnival Plc ADS across 32 annual periods. For the full cash flow conversion analysis, see CUK operating cash flow.

Annual Cash Flow Reinvestment Rate for Carnival Plc ADS (1991–2025)

Year-by-year capital reinvestment analysis for Carnival Plc ADS. See financial agility of Carnival Plc ADS to measure the company's free cash flow as a share of total liabilities.

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 ▲ +49.6%
2018 1.31x $7.25 Billion $5.55 Billion $3.75 Billion ▲ +15.3%
2017 1.13x $6.03 Billion $5.32 Billion $2.94 Billion ▲ +73.6%
2016 0.65x $3.35 Billion $5.13 Billion $3.06 Billion ▲ +18.1%
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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow