Carnival Corporation Free Cash Flow Generation Index
Carnival Corporation free cash flow generation index. Carnival Corporation (CCL) has a Free Cash Flow Generation Index of 0.55x as of February 2026. Free cash flow of $697.00 Million represents 1% of operating cash flow ($1.26 Billion). Check Carnival Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Carnival Corporation (1991–2025)
Free cash flow generation index of Carnival Corporation from 1991 to 2025. Historical FCF Generation Index trend for Carnival Corporation across 32 annual periods. Explore Carnival Corporation capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Carnival Corporation Free Cash Flow Generation Index by Year (1991–2025)
Carnival Corporation free cash flow generation index by year from 1991 to 2025. Year-by-year Free Cash Flow Generation Index for Carnival Corporation. For the full cash flow conversion analysis, see CCL cash flow metrics.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.42x | $2.61 Billion | $6.22 Billion | $3.61 Billion | ▲ +91.5% |
| 2024 | 0.22x | $1.30 Billion | $5.92 Billion | $4.63 Billion | ▼ -6.0% |
| 2023 | 0.23x | $997.00 Million | $4.28 Billion | $3.28 Billion | ▲ +2671.9% |
| 2019 | 0.01x | $46.00 Million | $5.47 Billion | $5.43 Billion | ▼ -97.4% |
| 2018 | 0.32x | $1.80 Billion | $5.55 Billion | $3.75 Billion | ▼ -27.4% |
| 2017 | 0.45x | $2.38 Billion | $5.32 Billion | $2.94 Billion | ▲ +10.7% |
| 2016 | 0.40x | $2.07 Billion | $5.13 Billion | $3.06 Billion | ▼ -18.5% |
| 2015 | 0.50x | $2.25 Billion | $4.54 Billion | $2.29 Billion | ▲ +100.6% |
| 2014 | 0.25x | $847.00 Million | $3.43 Billion | $2.58 Billion | ▲ +2.2% |
| 2013 | 0.24x | $685.00 Million | $2.83 Billion | $2.15 Billion | ▲ +8.7% |
| 2012 | 0.22x | $667.00 Million | $3.00 Billion | $2.33 Billion | ▼ -21.7% |
| 2011 | 0.28x | $1.07 Billion | $3.77 Billion | $2.70 Billion | ▲ +353.9% |
| 2010 | 0.06x | $239.00 Million | $3.82 Billion | $3.58 Billion | ▲ +650.5% |
| 2009 | -0.01x | $-38.00 Million | $3.34 Billion | $3.38 Billion | ▼ -201.5% |
| 2008 | 0.01x | $38.00 Million | $3.39 Billion | $3.35 Billion | ▼ -94.0% |
| 2007 | 0.19x | $757.00 Million | $4.07 Billion | $3.31 Billion | ▼ -41.4% |
| 2006 | 0.32x | $1.15 Billion | $3.63 Billion | $2.48 Billion | ▼ -24.5% |
| 2005 | 0.42x | $1.43 Billion | $3.41 Billion | $1.98 Billion | ▲ +465.3% |
| 2004 | -0.12x | $-370.00 Million | $3.22 Billion | $3.59 Billion | ▲ +61.9% |
| 2003 | -0.30x | $-583.00 Million | $1.93 Billion | $2.52 Billion | ▲ +14.4% |
| 2002 | -0.35x | $-517.45 Million | $1.47 Billion | $1.99 Billion | ▼ -205.8% |
| 2001 | 0.33x | $412.37 Million | $1.24 Billion | $826.57 Million | ▲ +89.4% |
| 2000 | 0.18x | $224.84 Million | $1.28 Billion | $1.05 Billion | ▼ -48.8% |
| 1999 | 0.34x | $456.74 Million | $1.33 Billion | $872.98 Million | ▲ +740.3% |
| 1998 | -0.05x | $-58.57 Million | $1.09 Billion | $1.15 Billion | ▼ -112.4% |
| 1997 | 0.43x | $379.92 Million | $877.58 Million | $497.66 Million | ▲ +300.2% |
| 1996 | -0.22x | $-160.38 Million | $741.52 Million | $901.90 Million | ▼ -222.9% |
| 1995 | 0.18x | $103.31 Million | $587.21 Million | $483.90 Million | ▲ +263.9% |
| 1994 | -0.11x | $-57.65 Million | $537.14 Million | $594.79 Million | ▲ +77.9% |
| 1993 | -0.49x | $-233.00 Million | $479.80 Million | $712.80 Million | ▼ -170.0% |
| 1992 | 0.69x | $273.50 Million | $394.30 Million | $120.80 Million | ▲ +4.9% |
| 1991 | 0.66x | $227.70 Million | $344.40 Million | $116.70 Million | — |