Carnival Corporation Is Reinventing Cruising with Lower Debt, Private Islands, & Premium Pricing—Are Investors Paying Attention?

Carnival Corporation & plc delivered its eighth consecutive quarter of record revenue and yields, highlighting a robust financial performance. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was up 26% year-over-year with operating income increasing by 67%, and net income more than tripled. Yield growth was recorded at almost 6.5%, exceeding expectations by 200 basis points, driven by strong close-in demand for tickets and onboard expenditure.