Carnival PLC (CCL) — Financial Flexibility Index
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). Check Carnival PLC (CCL) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Carnival PLC Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Carnival PLC across 35 annual periods. For the full cash flow conversion analysis, see CCL cash flow conversion.
Annual Financial Flexibility Index for Carnival PLC (1991–2025)
Year-by-year free cash flow to debt coverage for Carnival PLC. Explore Carnival PLC (CCL) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |