Carnival PLC (CCL) — Financial Flexibility Index

Latest as of February 2026: 0.05x

Carnival PLC (CCL) has a Financial Flexibility Index of 0.05x as of February 2026. Free cash flow of GBX1.81 Billion (operating CF GBX1.25 Billion minus capex GBX562.61 Million) represents 0% of total liabilities (GBX38.41 Billion). Also explore Carnival PLC annual equity growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

GBX1.81 Billion
Operating CF − Capex

Total Liabilities

GBX38.41 Billion
GBX

Capital Expenditures

GBX562.61 Million
GBX

Carnival PLC Financial Flexibility Index (1991–2025)

Historical Financial Flexibility Index trend for Carnival PLC across 35 annual periods. Check how strategically is Carnival PLC's equity deployed to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Carnival PLC (1991–2025)

Year-by-year free cash flow to debt coverage for Carnival PLC. For the full company profile including market capitalisation, see Carnival PLC stock valuation.

Year Flexibility Index Free Cash Flow (GBX) Operating CF Total Liabilities YoY Change
2025 0.25x GBX9.83 Billion GBX6.22 Billion GBX39.37 Billion ▼ -7.6%
2024 0.27x GBX10.55 Billion GBX5.92 Billion GBX39.03 Billion ▲ +50.9%
2023 0.18x GBX7.57 Billion GBX4.28 Billion GBX42.24 Billion ▲ +144.5%
2022 0.07x GBX3.27 Billion GBX-1.67 Billion GBX44.64 Billion ▲ +701.2%
2021 -0.01x GBX-502.00 Million GBX-4.11 Billion GBX41.20 Billion ▲ +85.0%
2020 -0.08x GBX-2.68 Billion GBX-6.30 Billion GBX33.04 Billion ▼ -114.7%
2019 0.55x GBX10.90 Billion GBX5.47 Billion GBX19.69 Billion ▲ +6.9%
2018 0.52x GBX9.30 Billion GBX5.55 Billion GBX17.96 Billion ▲ +3.7%
2017 0.50x GBX8.27 Billion GBX5.32 Billion GBX16.56 Billion ▼ -0.5%
2016 0.50x GBX8.20 Billion GBX5.13 Billion GBX16.34 Billion ▲ +13.4%
2015 0.44x GBX6.84 Billion GBX4.54 Billion GBX15.47 Billion ▲ +12.1%
2014 0.39x GBX6.01 Billion GBX3.43 Billion GBX15.24 Billion ▲ +23.1%
2013 0.32x GBX4.98 Billion GBX2.83 Billion GBX15.55 Billion ▼ -8.4%
2012 0.35x GBX5.33 Billion GBX3.00 Billion GBX15.23 Billion ▼ -19.8%
2011 0.44x GBX6.46 Billion GBX3.77 Billion GBX14.80 Billion ▼ -14.7%
2010 0.51x GBX7.40 Billion GBX3.82 Billion GBX14.46 Billion ▲ +12.6%
2009 0.45x GBX6.72 Billion GBX3.34 Billion GBX14.80 Billion ▼ -3.7%
2008 0.47x GBX6.74 Billion GBX3.39 Billion GBX14.30 Billion ▼ -9.2%
2007 0.52x GBX7.38 Billion GBX4.07 Billion GBX14.22 Billion ▲ +4.8%
2006 0.50x GBX6.11 Billion GBX3.63 Billion GBX12.34 Billion ▲ +5.4%
2005 0.47x GBX5.39 Billion GBX3.41 Billion GBX11.46 Billion ▼ -17.9%
2004 0.57x GBX6.80 Billion GBX3.22 Billion GBX11.88 Billion ▲ +37.7%
2003 0.42x GBX4.45 Billion GBX1.93 Billion GBX10.70 Billion ▼ -40.8%
2002 0.70x GBX3.46 Billion GBX1.47 Billion GBX4.92 Billion ▲ +69.2%
2001 0.42x GBX2.07 Billion GBX1.24 Billion GBX4.97 Billion ▼ -29.5%
2000 0.59x GBX2.33 Billion GBX1.28 Billion GBX3.96 Billion ▼ -37.0%
1999 0.94x GBX2.20 Billion GBX1.33 Billion GBX2.36 Billion ▲ +15.2%
1998 0.81x GBX2.24 Billion GBX1.09 Billion GBX2.76 Billion ▲ +7.6%
1997 0.75x GBX1.38 Billion GBX877.58 Million GBX1.82 Billion ▼ -4.9%
1996 0.79x GBX1.64 Billion GBX741.52 Million GBX2.07 Billion ▲ +30.4%
1995 0.61x GBX1.07 Billion GBX587.21 Million GBX1.76 Billion ▼ -6.4%
1994 0.65x GBX1.13 Billion GBX537.14 Million GBX1.74 Billion ▼ -13.2%
1993 0.75x GBX1.19 Billion GBX479.80 Million GBX1.59 Billion ▲ +83.4%
1992 0.41x GBX515.10 Million GBX394.30 Million GBX1.26 Billion ▲ +31.1%
1991 0.31x GBX461.10 Million GBX344.40 Million GBX1.48 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities