What is the current annual operating margin of CCL?

As of today, CCL annual operating margin is 16.48%

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

CCL annual operating margin is up +15.33% year-over-year

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

CCL annual operating margin is up +151.20% over the past 3 years

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

CCL annual operating margin is currently -39.50% below its historical high of 27.24% set on November 30, 1998

How does CCL annual operating margin rank versus sector peers?

CCL annual operating margin is higher than 88.79% 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 operating margin of CCL?

As of today, CCL quarterly operating margin is 12.79%

What is CCL quarterly operating margin most recent change?

CCL quarterly operating margin was up +30.11% on May 31, 2026

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

CCL quarterly operating margin is down -13.35% year-over-year

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

CCL quarterly operating margin is currently -94.24% below its historical high of 222.22% set on November 30, 1996

How does CCL quarterly operating margin rank versus sector peers?

CCL quarterly operating margin is higher than 78.67% of companies in Consumer Cyclical sector

When is CCL next earnings release?

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

CCL Operating Margin History & Chart Since 1986

Annual Operating Margin

16.48%2.19%+15.33%

November 30, 2025

Summary

Current Value: As of today, CCL annual operating margin is 16.48%, up +15.33% on November 30, 2025
Historical Performance: CCL annual operating margin is up +151.20% over the past 3 years, up +119.39% over the past 5 years
All-Time High Comparison: CCL annual operating margin is currently -39.50% below its historical high of 27.24% set on November 30, 1998
3-Year Low Comparison: CCL annual operating margin is +151.20% above its 3-year low of -32.19% reached on an earlier date
Sector Comparison: CCL annual operating margin is higher than 88.79% of companies in Consumer Cyclical sector

Operating Margin Chart

beforeafter

Performance

CCL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Nov 30, 25	16.48%	+15.3%	+151.2%	+119.4%	+4.3%
Quarterly Operating Margin	May 31, 26	12.79%	-13.3%	+419.9%	+100.4%	+65.9%
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 Operating Profit	Nov 30, 25	$4.39B	+22.7%	+212.0%	+192.2%	+91.9%
Annual Gross Margin	Nov 30, 25	29.62%	+8.5%	+353.2%	+156.7%	+9.9%
Annual Net Margin	Nov 30, 25	10.37%	+35.4%	+120.7%	+105.7%	-24.1%

Operating Margin Highs

CCL Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	16.48%	Nov 30, 25	at high
5Y	16.48%	Nov 30, 25	at high
All	27.24%	Nov 30, 98	-39.5%

Operating Margin Lows

CCL Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	-32.19%	N/A	+151.2%
5Y	-328.14%	Nov 30, 21	+105.0%
All	-328.14%	Nov 30, 21	+105.0%

Operating Margin History

Year	Value	Change
2025	16.48%	+15.3%
2024	14.29%	+57.6%
2023	9.07%	+128.2%
2022	-32.19%	+90.2%
2021	-328.14%	-286.1%
2020	-84.99%	-640.0%
2019	15.74%	-10.6%
2018	17.61%	-3.7%
2017	18.29%	-2.4%
2016	18.74%	+14.4%
2015	16.38%	+45.9%
2014	11.23%	+12.6%
2013	9.97%	-16.8%
2012	11.98%	-17.2%
2011	14.46%	-8.5%
2010	15.80%	-3.5%
2009	16.37%	-10.3%
2008	18.24%	-12.8%
2007	20.91%	-5.3%
2006	22.07%	-7.2%

Year	Value	Change
2005	23.79%	+6.0%
2004	22.44%	+9.0%
2003	20.59%	-15.3%
2002	24.31%	+2.4%
2001	23.73%	-5.1%
2000	25.01%	-7.3%
1999	26.99%	-0.9%
1998	27.24%	+0.9%
1997	27.01%	+8.4%
1996	24.92%	+1.6%
1995	24.52%	-0.2%
1994	24.57%	+10.0%
1993	22.33%	+1.3%
1992	22.05%	-2.0%
1991	22.49%	+16.0%
1990	19.38%	-7.6%
1989	20.98%	-20.4%
1988	26.36%	-2.1%
1987	26.93%	+12.0%
1986	24.05%	-

FAQ

What is the current annual operating margin of CCL?: As of today, CCL annual operating margin is 16.48%
What is 1-year change in CCL annual operating margin?: CCL annual operating margin is up +15.33% year-over-year
What is 3-year change in CCL annual operating margin?: CCL annual operating margin is up +151.20% over the past 3 years
How far is CCL annual operating margin from its all-time high?: CCL annual operating margin is currently -39.50% below its historical high of 27.24% set on November 30, 1998
How does CCL annual operating margin rank versus sector peers?: CCL annual operating margin is higher than 88.79% 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

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

12.79%2.96%+30.11%

May 31, 2026

Summary

Current Value: As of today, CCL quarterly operating margin is 12.79%, up +30.11% on May 31, 2026
Historical Performance: CCL quarterly operating margin is down -13.35% year-over-year, up +419.92% over the past 3 years
All-Time High Comparison: CCL quarterly operating margin is currently -94.24% below its historical high of 222.22% set on November 30, 1996
3-Year Low Comparison: CCL quarterly operating margin is +419.92% above its 3-year low of 2.46% reached on an earlier date
Sector Comparison: CCL quarterly operating margin is higher than 78.67% of companies in Consumer Cyclical sector

Performance

CCL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	May 31, 26	12.79%	+30.1%	-13.3%	+419.9%	+100.4%
Annual Operating Margin	Nov 30, 25	16.48%	–	+15.3%	+151.2%	+119.4%
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 Operating Profit	May 31, 26	$852.00M	+40.6%	-8.8%	+604.1%	+154.5%
Quarterly Gross Margin	May 31, 26	25.74%	+3.7%	-6.9%	+47.5%	+101.1%
Quarterly Net Margin	May 31, 26	8.09%	+90.3%	-9.4%	+197.6%	+100.2%

Quarterly Operating Margin Highs

CCL Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	27.87%	Aug 31, 25	-54.1%
3Y	27.87%	Aug 31, 25	-54.1%
5Y	27.87%	Aug 31, 25	-54.1%
All	222.22%	Nov 30, 96	-94.2%

Quarterly Operating Margin Lows

CCL Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	9.83%	Feb 28, 26	+30.1%
3Y	2.46%	N/A	+419.9%
5Y	-3,126.00%	N/A	+100.4%
All	-5,857.69%	Feb 28, 21	+100.2%

Quarterly Operating Margin History

Month	Value	Change
May 2026	12.79%	+30.1%
Feb 2026	9.83%	-15.1%
Nov 2025	11.58%	-58.4%
Aug 2025	27.87%	+88.8%
May 2025	14.76%	+58.2%
Feb 2025	9.33%	-1.1%
Nov 2024	9.43%	-65.8%
Aug 2024	27.60%	+184.8%
May 2024	9.69%	+90.4%
Feb 2024	5.09%	-29.0%
Nov 2023	7.17%	-69.7%
Aug 2023	23.69%	+863.0%
May 2023	2.46%	+163.1%
Feb 2023	-3.90%	+78.1%
Nov 2022	-17.77%	-173.4%
Aug 2022	-6.50%	+89.4%
May 2022	-61.35%	+32.9%
Feb 2022	-91.37%	+26.2%
Nov 2021	-123.78%	+57.2%
Aug 2021	-289.38%	+90.7%
May 2021	-3,126.00%	+46.6%
Feb 2021	-5,857.69%	-33.0%
Nov 2020	-4,405.88%	+3.9%
Aug 2020	-4,583.87%	-1,452.4%
May 2020	-295.27%	-4,161.5%
Feb 2020	7.27%	-28.0%
Nov 2019	10.10%	-65.1%
Aug 2019	28.93%	+171.1%
May 2019	10.67%	+29.2%
Feb 2019	8.26%	-33.4%
Nov 2018	12.41%	-59.6%
Aug 2018	30.74%	+139.6%
May 2018	12.83%	+29.6%
Feb 2018	9.90%	-23.2%
Nov 2017	12.89%	-60.2%
Aug 2017	32.38%	+155.6%
May 2017	12.67%	+30.5%
Feb 2017	9.71%	-36.0%
Nov 2016	15.17%	-50.5%
Aug 2016	30.65%	+137.6%
May 2016	12.90%	+8.5%
Feb 2016	11.89%	-13.5%
Nov 2015	13.74%	-55.6%
Aug 2015	30.92%	+284.1%
May 2015	8.05%	+6.9%
Feb 2015	7.53%	-1.4%
Nov 2014	7.64%	-70.9%
Aug 2014	26.24%	+547.9%
May 2014	4.05%	+101.5%
Feb 2014	2.01%	-28.7%
Nov 2013	2.82%	-88.3%
Aug 2013	24.12%	+451.9%
May 2013	4.37%	+8.2%
Feb 2013	4.04%	-16.9%
Nov 2012	4.86%	-82.4%
Aug 2012	27.65%	+346.7%
May 2012	6.19%	+44.0%
Feb 2012	4.30%	-50.8%
Nov 2011	8.74%	-69.4%
Aug 2011	28.59%	+270.8%
May 2011	7.71%	+12.2%
Feb 2011	6.87%	-24.4%
Nov 2010	9.09%	-70.9%
Aug 2010	31.29%	+186.5%
May 2010	10.92%	+60.1%
Feb 2010	6.82%	-25.6%
Nov 2009	9.17%	-68.3%
Aug 2009	28.90%	+141.4%
May 2009	11.97%	+10.2%
Feb 2009	10.86%	-14.4%
Nov 2008	12.69%	-58.1%

Month	Value	Change
Aug 2008	30.31%	+112.4%
May 2008	14.27%	+44.1%
Feb 2008	9.90%	-26.9%
Nov 2007	13.54%	-60.7%
Aug 2007	34.48%	+117.8%
May 2007	15.83%	+20.6%
Feb 2007	13.13%	-22.5%
Nov 2006	16.94%	-50.6%
Aug 2006	34.32%	+103.9%
May 2006	16.83%	+18.8%
Feb 2006	14.17%	-16.0%
Nov 2005	16.87%	-54.7%
Aug 2005	37.26%	+102.9%
May 2005	18.36%	+5.2%
Feb 2005	17.45%	+12.8%
Nov 2004	15.47%	-56.7%
Aug 2004	35.69%	+98.5%
May 2004	17.98%	+37.0%
Feb 2004	13.12%	-13.0%
Nov 2003	15.08%	-52.9%
Aug 2003	32.04%	+154.7%
May 2003	12.58%	-1.9%
Feb 2003	12.83%	-29.1%
Nov 2002	18.10%	-48.8%
Aug 2002	35.36%	+58.7%
May 2002	22.28%	+38.4%
Feb 2002	16.10%	-2.6%
Nov 2001	16.53%	-53.2%
Aug 2001	35.35%	+65.3%
May 2001	21.39%	+34.7%
Feb 2001	15.88%	-18.9%
Nov 2000	19.57%	-42.6%
Aug 2000	34.11%	+58.1%
May 2000	21.58%	+4.2%
Feb 2000	20.72%	-1.4%
Nov 1999	21.02%	-41.0%
Aug 1999	35.62%	+42.3%
May 1999	25.03%	+14.6%
Feb 1999	21.85%	+0.4%
Nov 1998	21.77%	-36.7%
Aug 1998	34.38%	+35.5%
May 1998	25.37%	+10.2%
Feb 1998	23.02%	+11.6%
Nov 1997	20.63%	-46.2%
Aug 1997	38.32%	+215.8%
May 1997	-33.10%	+10.6%
Feb 1997	-37.02%	-116.7%
Nov 1996	222.22%	+1,429.1%
Aug 1996	-16.72%	-178.4%
May 1996	21.32%	+152.4%
Feb 1996	-40.71%	-119.2%
Nov 1995	211.53%	+1,212.1%
Aug 1995	-19.02%	+49.2%
May 1995	-37.46%	+7.7%
Feb 1995	-40.57%	-305.9%
Nov 1994	19.70%	-42.3%
Aug 1994	34.12%	+62.8%
May 1994	20.96%	+12.1%
Feb 1994	18.69%	+13.1%
Nov 1993	16.52%	-49.1%
Aug 1993	32.48%	+75.0%
May 1993	18.56%	+16.1%
Feb 1993	15.98%	+105.9%
Nov 1992	-269.48%	-5.2%
Nov 1991	-256.28%	+7.9%
Nov 1990	-278.35%	+7.6%
Nov 1989	-301.11%	-26.1%
Nov 1988	-238.73%	-5.1%
Nov 1987	-227.24%	-11.5%
Nov 1986	-203.80%	-

FAQ

What is the current quarterly operating margin of CCL?: As of today, CCL quarterly operating margin is 12.79%
What is CCL quarterly operating margin most recent change?: CCL quarterly operating margin was up +30.11% on May 31, 2026
What is 1-year change in CCL quarterly operating margin?: CCL quarterly operating margin is down -13.35% year-over-year
How far is CCL quarterly operating margin from its all-time high?: CCL quarterly operating margin is currently -94.24% below its historical high of 222.22% set on November 30, 1996
How does CCL quarterly operating margin rank versus sector peers?: CCL quarterly operating margin is higher than 78.67% of companies in Consumer Cyclical sector
When is CCL next earnings release?: The next earnings release for CCL is on September 28, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

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