Company / Interest Expense
Carnival Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.1B
FY2023
5-year range
$1.6B / $2.1B
FY2019-FY2023
Trend
+28.4%
vs FY2022
Sector context
#2 of 75
Consumer Discretionary
What the data says
Among 75 Consumer Discretionary companies, Carnival is in the bottom 3% for interest expense. Interest Expense has increased for 5 consecutive years, from $194M in FY2018 to $2.1B in FY2023.
Based on SEC 10-K filings.
$2.1B in FY2023 with a 5-year CAGR of +60.5%. Ranks 2nd among 75 companies in Consumer Discretionary.
Increased from $1.6B to $2.1B over the past 2 years.
Consumer Discretionary sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +32.2%
- 5-Year CAGR
- +60.5%
- 10-Year CAGR
- -
Sector benchmark
+1295.3% above sector average
Key checks
Key Insights
- Carnival's interest expense has grown for 5 consecutive years.
- 5-year CAGR of +60.5%, indicating consistent growth.
- In FY2023, interest expense increased 28.4% year-over-year.
- Ranks #2 out of 75 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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.1B | +28.4% |
| FY2022 | $1.6B | +0.5% |
| FY2021 | $1.6B | +78.9% |
| FY2020 | $895.0M | +334.5% |
| FY2019 | $206.0M | +6.2% |
| FY2018 | $194.0M | -2.0% |
| FY2017 | $198.0M | -11.2% |
| FY2016 | $223.0M | +2.8% |
As of FY2023 · SEC 10-K · Updated Jul 4, 2026