What is the current annual gross margin of CCL?

As of today, CCL annual gross margin is 29.62%

What is 1-year change in CCL annual gross margin?

CCL annual gross margin is up +8.54% year-over-year

What is 3-year change in CCL annual gross margin?

CCL annual gross margin is up +353.16% over the past 3 years

How far is CCL annual gross margin from its all-time high?

CCL annual gross margin is currently -28.90% below its historical high of 41.66% set on November 30, 1987

How does CCL annual gross margin rank versus sector peers?

CCL annual gross margin is higher than 51.54% of companies in Consumer Cyclical sector

When is CCL next annual earnings release?

As of today, the next annual earnings release for CCL has not been scheduled

What is the current quarterly gross margin of CCL?

As of today, CCL quarterly gross margin is 25.74%

What is CCL quarterly gross margin most recent change?

CCL quarterly gross margin was up +3.71% on May 31, 2026

What is 1-year change in CCL quarterly gross margin?

CCL quarterly gross margin is down -6.91% year-over-year

How far is CCL quarterly gross margin from its all-time high?

CCL quarterly gross margin is currently -50.32% below its historical high of 51.81% set on August 31, 1997

How does CCL quarterly gross margin rank versus sector peers?

CCL quarterly gross margin is higher than 41.20% of companies in Consumer Cyclical sector

When is CCL next earnings release?

The next earnings release for CCL is on September 28, 2026

CCL Gross Margin History & Chart Since 1982

Annual Gross Margin

29.62%2.33%+8.54%

November 30, 2025

Summary

Current Value: As of today, CCL annual gross margin is 29.62%, up +8.54% on November 30, 2025
Historical Performance: CCL annual gross margin is up +353.16% over the past 3 years, up +156.68% over the past 5 years
All-Time High Comparison: CCL annual gross margin is currently -28.90% below its historical high of 41.66% set on November 30, 1987
3-Year Low Comparison: CCL annual gross margin is +353.16% above its 3-year low of -11.70% reached on an earlier date
Sector Comparison: CCL annual gross margin is higher than 51.54% of companies in Consumer Cyclical sector

Gross Margin Chart

beforeafter

Performance

CCL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Nov 30, 25	29.62%	+8.5%	+353.2%	+156.7%	+9.9%
Quarterly Gross Margin	May 31, 26	25.74%	-6.9%	+47.5%	+101.1%	+29.6%
Price	Jul 31, 26	$27.81	-6.6%	+47.6%	+28.4%	-16.5%
PE Ratio	Jul 31, 26	12.52	-22.4%	–	–	-10.5%
Annual Revenue	Nov 30, 25	$26.62B	+6.4%	+118.8%	+375.8%	+84.0%
Annual Gross Profit	Nov 30, 25	$0.00	-100.0%	+100.0%	+100.0%	-100.0%
Annual Operating Margin	Nov 30, 25	16.48%	+15.3%	+151.2%	+119.4%	+4.3%
Annual Net Margin	Nov 30, 25	10.37%	+35.4%	+120.7%	+105.7%	-24.1%

Gross Margin Highs

CCL Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	29.62%	Nov 30, 25	at high
5Y	29.62%	Nov 30, 25	at high
All	41.66%	Nov 30, 87	-28.9%

Gross Margin Lows

CCL Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	-11.70%	N/A	+353.2%
5Y	-230.03%	Nov 30, 21	+112.9%
All	-230.03%	Nov 30, 21	+112.9%

Gross Margin History

Year	Value	Change
2025	29.62%	+8.5%
2024	27.29%	+20.1%
2023	22.73%	+294.3%
2022	-11.70%	+94.9%
2021	-230.03%	-340.2%
2020	-52.26%	-289.0%
2019	27.65%	-9.6%
2018	30.59%	-2.0%
2017	31.22%	-2.9%
2016	32.14%	+8.8%
2015	29.53%	+22.2%
2014	24.16%	+9.2%
2013	22.13%	-4.4%
2012	23.16%	-8.6%
2011	25.33%	-6.0%
2010	26.95%	-5.3%
2009	28.46%	-3.7%
2008	29.54%	-10.5%
2007	33.02%	-3.7%
2006	34.29%	-4.3%
2005	35.82%	+0.5%
2004	35.65%	+3.5%

Year	Value	Change
2003	34.46%	-10.1%
2002	38.32%	+2.5%
2001	37.37%	-1.4%
2000	37.91%	-4.7%
1999	39.78%	+0.7%
1998	39.52%	+1.0%
1997	39.12%	+4.7%
1996	37.35%	+1.1%
1995	36.96%	+0.1%
1994	36.93%	+3.5%
1993	35.69%	+1.3%
1992	35.23%	-2.8%
1991	36.25%	+3.7%
1990	34.96%	-4.7%
1989	36.68%	-10.4%
1988	40.92%	-1.8%
1987	41.66%	>+9,900.0%
1986	0.00%	0.0%
1985	0.00%	0.0%
1984	0.00%	0.0%
1983	0.00%	0.0%
1982	0.00%	-

FAQ

What is the current annual gross margin of CCL?: As of today, CCL annual gross margin is 29.62%
What is 1-year change in CCL annual gross margin?: CCL annual gross margin is up +8.54% year-over-year
What is 3-year change in CCL annual gross margin?: CCL annual gross margin is up +353.16% over the past 3 years
How far is CCL annual gross margin from its all-time high?: CCL annual gross margin is currently -28.90% below its historical high of 41.66% set on November 30, 1987
How does CCL annual gross margin rank versus sector peers?: CCL annual gross margin is higher than 51.54% of companies in Consumer Cyclical sector
When is CCL next annual earnings release?: As of today, the next annual earnings release for CCL has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

25.74%0.92%+3.71%

May 31, 2026

Summary

Current Value: As of today, CCL quarterly gross margin is 25.74%, up +3.71% on May 31, 2026
Historical Performance: CCL quarterly gross margin is down -6.91% year-over-year, up +47.51% over the past 3 years
All-Time High Comparison: CCL quarterly gross margin is currently -50.32% below its historical high of 51.81% set on August 31, 1997
3-Year Low Comparison: CCL quarterly gross margin is +47.51% above its 3-year low of 17.45% reached on an earlier date
Sector Comparison: CCL quarterly gross margin is higher than 41.20% of companies in Consumer Cyclical sector

Performance

CCL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	May 31, 26	25.74%	+3.7%	-6.9%	+47.5%	+101.1%
Annual Gross Margin	Nov 30, 25	29.62%	–	+8.5%	+353.2%	+156.7%
Price	Jul 31, 26	$27.81	+4.9%	-6.6%	+47.6%	+28.4%
PE Ratio	Jul 31, 26	12.52	+6.2%	-22.4%	–	–
Quarterly Revenue	May 31, 26	$6.66B	+8.1%	+5.3%	+35.7%	+10000.0%
Quarterly Gross Profit	May 31, 26	$1.72B	+12.1%	-2.0%	+100.1%	+249.3%
Quarterly Operating Margin	May 31, 26	12.79%	+30.1%	-13.3%	+419.9%	+100.4%
Quarterly Net Margin	May 31, 26	8.09%	+90.3%	-9.4%	+197.6%	+100.2%

Quarterly Gross Margin Highs

CCL Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	37.42%	Aug 31, 25	-31.2%
3Y	37.42%	Aug 31, 25	-31.2%
5Y	37.42%	Aug 31, 25	-31.2%
All	51.81%	Aug 31, 97	-50.3%

Quarterly Gross Margin Lows

CCL Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	24.82%	Feb 28, 26	+3.7%
3Y	17.45%	N/A	+47.5%
5Y	-2,298.00%	N/A	+101.1%
All	-4,080.77%	Feb 28, 21	+100.6%

Quarterly Gross Margin History

Month	Value	Change
May 2026	25.74%	+3.7%
Feb 2026	24.82%	-6.7%
Nov 2025	26.60%	-28.9%
Aug 2025	37.42%	+35.3%
May 2025	27.65%	+15.6%
Feb 2025	23.92%	-1.8%
Nov 2024	24.35%	-34.6%
Aug 2024	37.26%	+59.6%
May 2024	23.34%	+15.9%
Feb 2024	20.13%	-7.5%
Nov 2023	21.77%	-36.2%
Aug 2023	34.10%	+95.4%
May 2023	17.45%	+43.5%
Feb 2023	12.16%	+1,092.2%
Nov 2022	1.02%	-87.3%
Aug 2022	8.01%	+122.5%
May 2022	-35.57%	+39.4%
Feb 2022	-58.72%	+26.0%
Nov 2021	-79.33%	+62.6%
Aug 2021	-211.90%	+90.8%
May 2021	-2,298.00%	+43.7%
Feb 2021	-4,080.77%	-30.9%
Nov 2020	-3,117.65%	+16.6%
Aug 2020	-3,738.71%	-1,497.4%
May 2020	-234.05%	-1,192.7%
Feb 2020	21.42%	-10.9%
Nov 2019	24.05%	-36.0%
Aug 2019	37.55%	+59.8%
May 2019	23.50%	+8.2%
Feb 2019	21.72%	-19.9%
Nov 2018	27.13%	-33.1%
Aug 2018	40.56%	+51.8%
May 2018	26.72%	+9.2%
Feb 2018	24.46%	-10.6%
Nov 2017	27.35%	-35.3%
Aug 2017	42.30%	+58.5%
May 2017	26.69%	+10.3%
Feb 2017	24.19%	-19.4%
Nov 2016	30.01%	-26.8%
Aug 2016	41.02%	+50.5%
May 2016	27.26%	+1.0%
Feb 2016	26.98%	-6.8%
Nov 2015	28.94%	-29.1%
Aug 2015	40.84%	+87.9%
May 2015	21.73%	-3.5%
Feb 2015	22.51%	+0.7%
Nov 2014	22.35%	-37.8%
Aug 2014	35.96%	+100.7%
May 2014	17.92%	+8.3%
Feb 2014	16.54%	-4.7%
Nov 2013	17.36%	-48.0%
Aug 2013	33.41%	+93.3%
May 2013	17.28%	+2.6%
Feb 2013	16.84%	-4.8%
Nov 2012	17.69%	-51.4%
Aug 2012	36.38%	+98.0%
May 2012	18.37%	+14.5%
Feb 2012	16.05%	-21.7%
Nov 2011	20.50%	-44.5%
Aug 2011	36.91%	+85.9%
May 2011	19.86%	+3.3%
Feb 2011	19.22%	-6.8%
Nov 2010	20.62%	-48.3%
Aug 2010	39.90%	+69.3%
May 2010	23.57%	+20.2%
Feb 2010	19.61%	-12.5%
Nov 2009	22.40%	-41.2%

Month	Value	Change
Aug 2009	38.10%	+50.5%
May 2009	25.31%	+3.1%
Feb 2009	24.55%	-1.9%
Nov 2008	25.02%	-35.1%
Aug 2008	38.58%	+43.7%
May 2008	26.85%	+14.8%
Feb 2008	23.38%	-14.0%
Nov 2007	27.18%	-36.6%
Aug 2007	42.88%	+43.7%
May 2007	29.83%	+8.8%
Feb 2007	27.42%	-11.3%
Nov 2006	30.93%	-27.9%
Aug 2006	42.89%	+42.3%
May 2006	30.13%	+3.8%
Feb 2006	29.03%	-5.6%
Nov 2005	30.74%	-32.6%
Aug 2005	45.58%	+42.6%
May 2005	31.96%	+1.8%
Feb 2005	31.39%	+2.3%
Nov 2004	30.67%	-32.0%
Aug 2004	45.11%	+39.8%
May 2004	32.27%	+11.0%
Feb 2004	29.08%	-5.3%
Nov 2003	30.71%	-27.5%
Aug 2003	42.33%	+48.7%
May 2003	28.47%	-5.1%
Feb 2003	30.01%	-12.9%
Nov 2002	34.44%	-24.6%
Aug 2002	45.65%	+24.4%
May 2002	36.71%	+11.6%
Feb 2002	32.88%	-1.4%
Nov 2001	33.36%	-26.2%
Aug 2001	45.21%	+26.6%
May 2001	35.72%	+13.9%
Feb 2001	31.35%	>+9,900.0%
Nov 2000	0.00%	0.0%
Aug 2000	0.00%	0.0%
May 2000	0.00%	0.0%
Feb 2000	0.00%	0.0%
Nov 1999	0.00%	0.0%
Aug 1999	0.00%	0.0%
May 1999	0.00%	0.0%
Feb 1999	0.00%	0.0%
Nov 1998	0.00%	0.0%
Aug 1998	0.00%	0.0%
May 1998	0.00%	0.0%
Feb 1998	0.00%	-100.0%
Nov 1997	42.79%	-17.4%
Aug 1997	51.81%	+19.4%
May 1997	43.40%	+0.9%
Feb 1997	43.02%	+4.2%
Nov 1996	41.29%	-15.2%
Aug 1996	48.68%	+17.4%
May 1996	41.47%	+0.6%
Feb 1996	41.24%	-0.2%
Nov 1995	41.32%	-13.3%
Aug 1995	47.65%	+15.4%
May 1995	41.28%	+0.4%
Feb 1995	41.11%	-2.3%
Nov 1994	42.08%	-11.7%
Aug 1994	47.65%	+19.2%
May 1994	39.96%	-0.7%
Feb 1994	40.23%	+0.3%
Nov 1993	40.10%	-14.5%
Aug 1993	46.89%	+21.7%
May 1993	38.52%	+0.2%
Feb 1993	38.44%	-

FAQ

What is the current quarterly gross margin of CCL?: As of today, CCL quarterly gross margin is 25.74%
What is CCL quarterly gross margin most recent change?: CCL quarterly gross margin was up +3.71% on May 31, 2026
What is 1-year change in CCL quarterly gross margin?: CCL quarterly gross margin is down -6.91% year-over-year
How far is CCL quarterly gross margin from its all-time high?: CCL quarterly gross margin is currently -50.32% below its historical high of 51.81% set on August 31, 1997
How does CCL quarterly gross margin rank versus sector peers?: CCL quarterly gross margin is higher than 41.20% of companies in Consumer Cyclical sector
When is CCL next earnings release?: The next earnings release for CCL is on September 28, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

CCL Official Website www.carnivalcorp.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/815097/000081509726000007/0000815097-26-000007-index.htm
CCL Profile on Yahoo Finance finance.yahoo.com/quote/CCL
CCL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ccl