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Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.
2000
115K+
LTM Revenue $25.9B
LTM EBITDA $6.5B
$47.5B
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Carnival plc has a last 12-month revenue of $25.9B and a last 12-month EBITDA of $6.5B.
In the most recent fiscal year, Carnival plc achieved revenue of $32.2B and an EBITDA of $8.0B.
Carnival plc expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Carnival plc valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $27.8B | $32.2B | XXX | XXX | XXX |
| Gross Profit | -$2.4B | $6.3B | XXX | XXX | XXX |
| Gross Margin | -9% | 20% | XXX | XXX | XXX |
| EBITDA | $5.6B | $8.0B | XXX | XXX | XXX |
| EBITDA Margin | 20% | 25% | XXX | XXX | XXX |
| Net Profit | -$7.8B | -$95.3M | XXX | XXX | XXX |
| Net Margin | -28% | 0% | XXX | XXX | XXX |
| Net Debt | $39.3B | $36.3B | XXX | XXX | XXX |
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As of April 15, 2025, Carnival plc's stock price is GBP 12 (or $15).
Carnival plc has current market cap of GBP 15.7B (or $20.2B), and EV of GBP 36.9B (or $47.5B).
See Carnival plc trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $47.5B | $20.2B | XXX | XXX | XXX | XXX | $1.61 |
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Sign UpAs of April 15, 2025, Carnival plc has market cap of $20.2B and EV of $47.5B.
Carnival plc's trades at 1.8x LTM EV/Revenue multiple, and 7.4x LTM EBITDA.
Analysts estimate Carnival plc's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Carnival plc and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $47.5B | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 6.0x | XXX | XXX | XXX |
| P/E | 8.2x | XXX | XXX | XXX |
| P/E/Growth | 0.7x | XXX | XXX | XXX |
| EV/FCF | 27.0x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpCarnival plc's NTM/LTM revenue growth is 3%
Carnival plc's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $36K for the same period.
Over next 12 months, Carnival plc's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Carnival plc's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Carnival plc and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 16% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 25% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 42% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 28% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.3M | XXX | XXX | XXX | XXX |
| Opex per Employee | $36K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 13% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 13% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| EIH | XXX | XXX | XXX | XXX | XXX | XXX |
| Salamis Tours | XXX | XXX | XXX | XXX | XXX | XXX |
| Lindblad Expeditions | XXX | XXX | XXX | XXX | XXX | XXX |
| Carnival Corp. | XXX | XXX | XXX | XXX | XXX | XXX |
| Norwegian Cruise Line | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Carnival plc acquired XXX companies to date.
Last acquisition by Carnival plc was XXXXXXXX, XXXXX XXXXX XXXXXX . Carnival plc acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Carnival plc founded? | Carnival plc was founded in 2000. |
| Where is Carnival plc headquartered? | Carnival plc is headquartered in United Kingdom of Great Britain and Northern Ireland. |
| How many employees does Carnival plc have? | As of today, Carnival plc has 115K+ employees. |
| Who is the CEO of Carnival plc? | Carnival plc's CEO is Mr. Josh Weinstein. |
| Is Carnival plc publicy listed? | Yes, Carnival plc is a public company listed on LON. |
| What is the stock symbol of Carnival plc? | Carnival plc trades under CCL ticker. |
| When did Carnival plc go public? | Carnival plc went public in 2000. |
| Who are competitors of Carnival plc? | Similar companies to Carnival plc include e.g. EIH, Salamis Tours, Lindblad Expeditions, Carnival Corp.. |
| What is the current market cap of Carnival plc? | Carnival plc's current market cap is $20.2B |
| What is the current revenue of Carnival plc? | Carnival plc's last 12-month revenue is $25.9B. |
| What is the current EBITDA of Carnival plc? | Carnival plc's last 12-month EBITDA is $6.5B. |
| What is the current EV/Revenue multiple of Carnival plc? | Current revenue multiple of Carnival plc is 1.8x. |
| What is the current EV/EBITDA multiple of Carnival plc? | Current EBITDA multiple of Carnival plc is 7.4x. |
| What is the current revenue growth of Carnival plc? | Carnival plc revenue growth between 2023 and 2024 was 16%. |
| Is Carnival plc profitable? | Yes, Carnival plc is EBITDA-positive (as of the last 12 months). |
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