Carnival Corp.

CCL ·Industrials, Marine Shipping, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $18.88B $17.51B $16.39B $15.71B $15.94B $15.56B $15.38B $15.79B
Passenger Ticket $13.57B $12.79B $12.09B $11.63B $11.76B $11.70B $11.64B $11.92B
Onboard and Other $4.92B $4.38B $4.00B $3.78B $3.85B $3.51B $3.37B $3.50B
Tour and Other $390.0M $337.0M $299.0M $297.0M $330.0M $349.0M $368.0M $368.0M
Cost of Revenue $11.09B $10.50B $9.38B $9.45B $10.42B $10.65B $10.32B $10.30B
Gross Profit $7.79B $7.01B $7.01B $6.27B $5.52B $4.91B $5.06B $5.49B
Gross Margin 41.3% 40.0% 42.7% 39.9% 34.6% 31.6% 32.9% 34.8%
Operating Expenses
Research & Development
SG&A Expense $2.45B $2.27B $2.20B $2.07B $2.05B $1.88B $1.72B $1.72B
Operating Income $3.33B $2.81B $3.07B $2.57B $1.77B $1.33B $1.64B $2.26B
Operating Margin 17.6% 16.0% 18.7% 16.4% 11.1% 8.5% 10.7% 14.3%
Interest Expense $194.0M $198.0M $223.0M $217.0M $288.0M $319.0M $336.0M $365.0M
Pretax Income $3.21B $2.67B $2.83B $1.80B $1.23B $1.05B $1.30B $1.91B
Income Tax Expense $54.0M $60.0M $-49.0M $42.0M $9.0M $-6.0M $4.0M $0
Net Income $3.15B $2.61B $2.78B $1.76B $1.22B $1.06B $1.30B $1.91B
Net Margin 16.7% 14.9% 17.0% 11.2% 7.6% 6.8% 8.4% 12.1%
EPS (Basic) $4.45 $3.61 $3.73 $2.26 $1.57 $1.36 $1.67 $2.43
EPS (Diluted) $4.44 $3.59 $3.72 $2.26 $1.56 $1.36 $1.67 $2.42
Shares Outstanding (Basic) 709.0M 722.0M 745.0M 777.0M 776.0M 775.0M 778.0M 787.0M
Shares Outstanding (Diluted) 710.0M 725.0M 747.0M 779.0M 778.0M 777.0M 779.0M 789.0M
Dividends Per Share $1.95 $1.60 $1.35 $1.10 $1.00 $1.00 $1.50 $1.00
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