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Carnival Corporation (Panama)

Main Activities: Water Transportation
Full name: Carnival Corporation Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

The Company operates as a cruise and vacation company in the United States and internationally.
HISTORY
1972 The Company was incorporated in Panama in 1972.
1987 The Compay begins trading under symbol CCL on the New York Stock Exchange on July 31, 1987.
1994 The Company changes its name from CARNIVAL CRUISE LINES INCORPORATED to CARNIVAL CORPORATION on January 21, 1994.
2000 Carnival plc was incorporated in England and Wales in 2000.
The Company and Carnival plc operate a dual listed company (“DLC”), whereby the businesses of the Company and Carnival plc are combined through a number of contracts and through provisions in Carnival Corporation's Articles of Incorporation and By-Laws and Carnival plc's Articles of Association. The Company and Carnival plc are both public companies with separate stock exchange listings and their own shareholders. The two companies operate as if they are a single economic enterprise with a single executive management team and identical Boards of Directors, but each has retained its separate legal identity.
The Company's common stock, together with paired trust shares of beneficial interest in the P O Princess Special Voting Trust (which holds a Special Voting Share of Carnival plc) is traded on the NYSE under the symbol “CCL.” Carnival plc's ordinary shares trade on the London Stock Exchange under the symbol “CCL.” Carnival plc's American Depository Shares (“ADSs”), each one of which represents one Carnival plc ordinary share, are traded on the NYSE under the symbol “CUK.”
BUSINESS
The Company is the world's largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries. The Company is also the largest cruise company, carrying nearly half of global cruise guests, and a leading provider of vacations to all major cruise destinations throughout the world. With operations in North America, Australia, Europe and Asia, it operate a portfolio of leading global, regional and national cruise brands that sell tailored cruise products, services and vacation experiences on 104 cruise ships to the world's most desirable destinations.
The Company has four reportable segments are comprised of NAA cruise operations, EA cruise operations, Cruise Support and Tour and Other.

Headquarters
3655 N.W, 87Th Avenue
Miami; Florida; Postal Code: 33178 2428

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Website: http://www.carnivalcorp.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1972
Key Executives
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Chairman
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President
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President
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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Subsidiaries
1972 Productions, Inc. (United States)
6348 Equipment Llc (United States)
A.C.N. 098 290 834 Pty. Ltd. (Australia)
Company Performance
Financial values in the chart are available after Carnival Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
21.98%
Total operating revenue
21.98%
Operating profit (EBIT)
N/A
EBITDA
117.11%
Net Profit (Loss) for the Period
69.12%
Total assets
-4.28%
Total equity
8.3%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
11.68%
Return on Equity (ROE)
8.03%
Debt to Equity Ratio
-109.44%
Quick Ratio
-0.28%
Cash Ratio
-0.31%

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