Carnival PLC (CCL) — Free Cash Flow Generation Index
Latest as of February 2026:
0.55x
Carnival PLC (CCL) has a Free Cash Flow Generation Index of 0.55x as of February 2026. Free cash flow of GBX688.85 Million represents 1% of operating cash flow (GBX1.25 Billion). Read Carnival PLC total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.55x
Free Cash Flow / Operating CF
Free Cash Flow
GBX688.85 Million
GBX
Operating Cash Flow
GBX1.25 Billion
GBX
Capital Expenditures
GBX562.61 Million
GBX
Carnival PLC Free Cash Flow Generation Index (1991–2025)
Historical FCF Generation Index trend for Carnival PLC across 32 annual periods. Explore CCL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Carnival PLC (1991–2025)
Year-by-year Free Cash Flow Generation Index for Carnival PLC. For the full company profile including market capitalisation, see Carnival PLC stock valuation.
| Year | FCG Index | Free Cash Flow (GBX) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.42x | GBX2.61 Billion | GBX6.22 Billion | GBX3.61 Billion | ▲ +91.5% |
| 2024 | 0.22x | GBX1.30 Billion | GBX5.92 Billion | GBX4.63 Billion | ▼ -6.0% |
| 2023 | 0.23x | GBX997.00 Million | GBX4.28 Billion | GBX3.28 Billion | ▲ +2671.9% |
| 2019 | 0.01x | GBX46.00 Million | GBX5.47 Billion | GBX5.43 Billion | ▼ -97.4% |
| 2018 | 0.32x | GBX1.80 Billion | GBX5.55 Billion | GBX3.75 Billion | ▼ -27.4% |
| 2017 | 0.45x | GBX2.38 Billion | GBX5.32 Billion | GBX2.94 Billion | ▲ +10.7% |
| 2016 | 0.40x | GBX2.07 Billion | GBX5.13 Billion | GBX3.06 Billion | ▼ -18.5% |
| 2015 | 0.50x | GBX2.25 Billion | GBX4.54 Billion | GBX2.29 Billion | ▲ +100.6% |
| 2014 | 0.25x | GBX847.00 Million | GBX3.43 Billion | GBX2.58 Billion | ▲ +2.2% |
| 2013 | 0.24x | GBX685.00 Million | GBX2.83 Billion | GBX2.15 Billion | ▲ +8.7% |
| 2012 | 0.22x | GBX667.00 Million | GBX3.00 Billion | GBX2.33 Billion | ▼ -21.7% |
| 2011 | 0.28x | GBX1.07 Billion | GBX3.77 Billion | GBX2.70 Billion | ▲ +353.9% |
| 2010 | 0.06x | GBX239.00 Million | GBX3.82 Billion | GBX3.58 Billion | ▲ +650.5% |
| 2009 | -0.01x | GBX-38.00 Million | GBX3.34 Billion | GBX3.38 Billion | ▼ -201.5% |
| 2008 | 0.01x | GBX38.00 Million | GBX3.39 Billion | GBX3.35 Billion | ▼ -94.0% |
| 2007 | 0.19x | GBX757.00 Million | GBX4.07 Billion | GBX3.31 Billion | ▼ -41.4% |
| 2006 | 0.32x | GBX1.15 Billion | GBX3.63 Billion | GBX2.48 Billion | ▼ -24.5% |
| 2005 | 0.42x | GBX1.43 Billion | GBX3.41 Billion | GBX1.98 Billion | ▲ +465.3% |
| 2004 | -0.12x | GBX-370.00 Million | GBX3.22 Billion | GBX3.59 Billion | ▲ +61.9% |
| 2003 | -0.30x | GBX-583.00 Million | GBX1.93 Billion | GBX2.52 Billion | ▲ +14.4% |
| 2002 | -0.35x | GBX-517.45 Million | GBX1.47 Billion | GBX1.99 Billion | ▼ -205.8% |
| 2001 | 0.33x | GBX412.37 Million | GBX1.24 Billion | GBX826.57 Million | ▲ +89.4% |
| 2000 | 0.18x | GBX224.84 Million | GBX1.28 Billion | GBX1.05 Billion | ▼ -48.8% |
| 1999 | 0.34x | GBX456.74 Million | GBX1.33 Billion | GBX872.98 Million | ▲ +740.3% |
| 1998 | -0.05x | GBX-58.57 Million | GBX1.09 Billion | GBX1.15 Billion | ▼ -112.4% |
| 1997 | 0.43x | GBX379.92 Million | GBX877.58 Million | GBX497.66 Million | ▲ +300.2% |
| 1996 | -0.22x | GBX-160.38 Million | GBX741.52 Million | GBX901.90 Million | ▼ -222.9% |
| 1995 | 0.18x | GBX103.31 Million | GBX587.21 Million | GBX483.90 Million | ▲ +263.9% |
| 1994 | -0.11x | GBX-57.65 Million | GBX537.14 Million | GBX594.79 Million | ▲ +77.9% |
| 1993 | -0.49x | GBX-233.00 Million | GBX479.80 Million | GBX712.80 Million | ▼ -170.0% |
| 1992 | 0.69x | GBX273.50 Million | GBX394.30 Million | GBX120.80 Million | ▲ +4.9% |
| 1991 | 0.66x | GBX227.70 Million | GBX344.40 Million | GBX116.70 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).