Carnival annual capital expenditures (capex)
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Carnival Capital Expenditures (CapEx) Growth & History (CCL)
Carnival's capital expenditures (capex) was $3.61B for fiscal 2025.
View full Carnival company overviewCarnival annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | $3.61B | −$1.01B | −21.94% |
| 2024 | 2024-11-30 | $4.63B | $1.34B | +40.86% |
| 2023 | 2023-11-30 | $3.28B | −$1.66B | −33.52% |
| 2022 | 2022-11-30 | $4.94B | $1.33B | +36.96% |
| 2021 | 2021-11-30 | $3.61B | −$13.0M | −0.36% |
| 2020 | 2020-11-30 | $3.62B | −$1.81B | −33.32% |
| 2019 | 2019-11-30 | $5.43B | $1.68B | +44.81% |
| 2018 | 2018-11-30 | $3.75B | $805.0M | +27.34% |
| 2017 | 2017-11-30 | $2.94B | −$118.0M | −3.85% |
| 2016 | 2016-11-30 | $3.06B | $768.0M | +33.48% |
| 2015 | 2015-11-30 | $2.29B | −$289.0M | −11.19% |
| 2014 | 2014-11-30 | $2.58B | $434.0M | +20.20% |
| 2013 | 2013-11-30 | $2.15B | −$183.0M | −7.85% |
| 2012 | 2012-11-30 | $2.33B | −$364.0M | −13.50% |
| 2011 | 2011-11-30 | $2.70B | −$883.0M | −24.67% |
| 2010 | 2010-11-30 | $3.58B | $199.0M | +5.89% |
| 2009 | 2009-11-30 | $3.38B | $27.0M | +0.81% |
| 2008 | 2008-11-30 | $3.35B | $41.0M | +1.24% |
| 2007 | 2007-11-30 | $3.31B | — | — |
Carnival quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | $875.0M | $24.0M | +2.82% |
| Q1 2026 | 2026-02-28 | $566.0M | −$41.0M | −6.75% |
| Q4 2025 | 2025-11-30 | $1.51B | $914.0M | +154.39% |
| Q3 2025 | 2025-08-31 | $647.0M | $70.0M | +12.13% |
| Q2 2025 | 2025-05-31 | $851.0M | −$468.0M | −35.48% |
| Q1 2025 | 2025-02-28 | $607.0M | −$1.53B | −71.61% |
| Q4 2024 | 2024-11-30 | $592.0M | −$83.0M | −12.30% |
| Q3 2024 | 2024-08-31 | $577.0M | −$260.0M | −31.06% |
| Q2 2024 | 2024-05-31 | $1.32B | $622.0M | +89.24% |
| Q1 2024 | 2024-02-29 | $2.14B | $1.06B | +98.88% |
| Q4 2023 | 2023-11-30 | $675.0M | −$506.0M | −42.85% |
| Q3 2023 | 2023-08-31 | $837.0M | $299.0M | +55.58% |
| Q2 2023 | 2023-05-31 | $697.0M | $206.0M | +41.96% |
| Q1 2023 | 2023-02-28 | $1.07B | −$1.66B | −60.62% |
| Q4 2022 | 2022-11-30 | $1.18B | $694.0M | +142.51% |
| Q3 2022 | 2022-08-31 | $538.0M | −$425.0M | −44.13% |
| Q2 2022 | 2022-05-31 | $491.0M | $108.0M | +28.20% |
| Q1 2022 | 2022-02-28 | $2.73B | $956.0M | +53.89% |
| Q4 2021 | 2021-11-30 | $487.0M | −$1.23B | −71.70% |
| Q3 2021 | 2021-08-31 | $963.0M | $732.0M | +316.88% |
| Q2 2021 | 2021-05-31 | $383.0M | $41.0M | +11.99% |
| Q1 2021 | 2021-02-28 | $1.77B | $448.0M | +33.79% |
| Q4 2020 | 2020-11-30 | $1.72B | −$260.0M | −13.12% |
| Q3 2020 | 2020-08-31 | $231.0M | −$196.0M | −45.90% |
| Q2 2020 | 2020-05-31 | $342.0M | −$550.0M | −61.66% |
| Q1 2020 | 2020-02-29 | $1.33B | −$803.0M | −37.72% |
| Q4 2019 | 2019-11-30 | $1.98B | $1.02B | +105.28% |
| Q3 2019 | 2019-08-31 | $427.0M | −$156.0M | −26.76% |
| Q2 2019 | 2019-05-31 | $892.0M | −$735.0M | −45.18% |
| Q1 2019 | 2019-02-28 | $2.13B | $1.55B | +270.91% |
| Q4 2018 | 2018-11-30 | $965.0M | $317.0M | +48.92% |
| Q3 2018 | 2018-08-31 | $583.0M | $146.0M | +33.41% |
| Q2 2018 | 2018-05-31 | $1.63B | $180.0M | +12.44% |
| Q1 2018 | 2018-02-28 | $574.0M | $162.0M | +39.32% |
| Q4 2017 | 2017-11-30 | $648.0M | $2.0M | +0.31% |
| Q3 2017 | 2017-08-31 | $437.0M | −$13.0M | −2.89% |
| Q2 2017 | 2017-05-31 | $1.45B | −$189.0M | −11.55% |
| Q1 2017 | 2017-02-28 | $412.0M | $82.0M | +24.85% |
| Q4 2016 | 2016-11-30 | $646.0M | $56.0M | +9.49% |
| Q3 2016 | 2016-08-31 | $450.0M | $127.0M | +39.32% |
| Q2 2016 | 2016-05-31 | $1.64B | $1.20B | +272.67% |
| Q1 2016 | 2016-02-29 | $330.0M | −$612.0M | −64.97% |
| Q4 2015 | 2015-11-30 | $590.0M | −$316.0M | −34.88% |
| Q3 2015 | 2015-08-31 | $323.0M | −$25.0M | −7.18% |
| Q2 2015 | 2015-05-31 | $439.0M | −$537.0M | −55.02% |
| Q1 2015 | 2015-02-28 | $942.0M | $589.0M | +166.86% |
| Q4 2014 | 2014-11-30 | $906.0M | $569.0M | +168.84% |
| Q3 2014 | 2014-08-31 | $348.0M | −$17.0M | −4.66% |
| Q2 2014 | 2014-05-31 | $976.0M | −$230.0M | −19.07% |
| Q1 2014 | 2014-02-28 | $353.0M | $112.0M | +46.47% |
| Q4 2013 | 2013-11-30 | $337.0M | $169.0M | +100.60% |
| Q3 2013 | 2013-08-31 | $365.0M | $198.0M | +118.56% |
| Q2 2013 | 2013-05-31 | $1.21B | −$524.0M | −30.29% |
| Q1 2013 | 2013-02-28 | $241.0M | −$26.0M | −9.74% |
| Q4 2012 | 2012-11-30 | $168.0M | −$93.0M | −35.63% |
| Q3 2012 | 2012-08-31 | $167.0M | −$646.0M | −79.46% |
| Q2 2012 | 2012-05-31 | $1.73B | $280.0M | +19.31% |
| Q1 2012 | 2012-02-29 | $267.0M | $95.0M | +55.23% |
| Q4 2011 | 2011-11-30 | $261.0M | −$480.0M | −64.78% |
| Q3 2011 | 2011-08-31 | $813.0M | $143.0M | +21.34% |
| Q2 2011 | 2011-05-31 | $1.45B | $451.0M | +45.15% |
| Q1 2011 | 2011-02-28 | $172.0M | −$997.0M | −85.29% |
| Q4 2010 | 2010-11-30 | $741.0M | −$237.0M | −24.23% |
| Q3 2010 | 2010-08-31 | $670.0M | $224.0M | +50.22% |
| Q2 2010 | 2010-05-31 | $999.0M | −$651.0M | −39.45% |
| Q1 2010 | 2010-02-28 | $1.17B | $863.0M | +282.03% |
| Q4 2009 | 2009-11-30 | $978.0M | — | — |
| Q3 2009 | 2009-08-31 | $446.0M | — | — |
| Q2 2009 | 2009-05-31 | $1.65B | — | — |
| Q1 2009 | 2009-02-28 | $306.0M | — | — |
Carnival capital expenditures (capex) trends
Over the last five fiscal years, Carnival's capital expenditures (capex) decreased from $3.62B to $3.61B, a change of −$9.0M. The latest reported quarter, Q2 2026, shows $875.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Carnival source filings ↗