Company / Cost of Revenue
Carnival Cost of Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$15.6B
FY2024
5-year range
$4.7B / $15.6B
FY2020-FY2024
Trend
+9.2%
vs FY2023
Sector context
#18 of 168
Consumer Discretionary
What the data says
Carnival's cost of revenue of $15.6B is higher than 89% of companies in the Consumer Discretionary sector (FY2024). Cost of Revenue has increased for 3 consecutive years, from $4.7B in FY2021 to $15.6B in FY2024.
Based on SEC 10-K filings.
$15.6B in FY2024 with a 5-year CAGR of +3.9%. Top quartile in the Consumer Discretionary sector.
Increased from $11.8B to $15.6B over the past 2 years.
Consumer Discretionary sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +49.8%
- 5-Year CAGR
- +3.9%
- 10-Year CAGR
- -
Sector benchmark
+67.7% above sector average
Key checks
Key Insights
- Carnival's cost of revenue has grown for 3 consecutive years.
- 5-year CAGR of +3.9%, indicating consistent growth.
- In FY2024, cost of revenue increased 9.2% year-over-year.
- Ranks #18 out of 168 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- Altman Z-Score 0.87 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 23.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $15.6B | +9.2% |
| FY2023 | $14.3B | +21.8% |
| FY2022 | $11.8B | +152.6% |
| FY2021 | $4.7B | - |
| FY2020 | - | - |
| FY2019 | $12.9B | +16.4% |
| FY2018 | $11.1B | +5.6% |
| FY2017 | $10.5B | +11.9% |
| FY2016 | $9.4B | -0.7% |
As of FY2024 · SEC Form 10-K · Last checked Jun 30, 2026