Company | Carnival Corporation & plc |
Headquarters | 3655 N.W. 87th Avenue Miami, FL 33178-2428, USA (Carnival Corporation)
Carnival House, 100 Harbour Parade, Southampton SO15 IST, UK (Carnival plc) |
CEO and President | Arnold W. Donald |
CFO | David Bernstein |
Industry | Cruise Ships / Travel |
Founder | Ted Arison |
Founded | 1972 |
Type | Public |
NYSE stock symbol | CCL |
Revenue | $15.884 billion (2014) |
Net income | $1,236 million (2014) |
Earnings per share | $1.59 USD (2014) |
Employees | 81,200 (2014) |
Website | www.carnivalcorp.com |
Investor relations contact number: | 305-406-5539 |
Corporate contact number: | 305-599-2600 |
Carnival Corporation & plc is a leading cruise ship operator and one of the largest vacation corporations worldwide.
The company, which attracts around 10 million guests every year, is headquartered in Miami, USA, and London, England.
It operates a fleet of approximately 100 ships under a number of different brand names.
Carnival claims that at any given time there are around 277,000 people sailing aboard the Carnival fleet (200,000 guests and 77,000 shipboard employees).
Its portfolio of brands include: Carnival Cruise Lines, Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises (UK), and Cunard in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; Iberocruceros in Spain; and P&O Cruises (Australia) in Australia.
The company was founded in 1972 by Ted Arison under the name Carnival Cruise Lines and in 1993 it changed its name to Carnival Corporation.
In April 2003 Carnival Corporation merged with P&O Princess Cruises plc and the result was the world’s largest cruise operator.
Its stock is listed on both the London Stock Exchange and the New York Stock Exchange under the stock ticker symbol CCL.
The company’s mission is “to take the world on vacation and deliver exceptional experiences through many of the world’s best-known cruise brands that cater to a variety of different geographic regions and lifestyles, all at an outstanding value unrivaled on land or at sea.”
Income data (in $ millions) | 2014* | 2013* |
Passenger tickets revenue | $11,889 | $11,648 |
Onboard and other revenue | $3,780 | $3,598 |
Tour and other revenue | $215 | $210 |
Total revenue | $15,884 | $15,456 |
Operating costs and expenses | $14,092 | $14,104 |
Operating income | $1,792 | $1,352 |
Nonoperating (expense) income | $(547) | $(280) |
Income before income taxes | $1,245 | $1,072 |
Income tax benefit (Eepense), net | $(9) | $6 |
Net income | $1,236 | $1,078 |
Total comprehensive income | $459 | $1,446 |
Balance sheet data (in $ millions) | ||
Total assets | $39,532 | $40,104 |
Long term debt | $7,363 | $8,092 |
Total shareholders’ equity | $24,288 | $24,556 |
Common share data (in $) | ||
Earnings per Common Share – Basic | $1.59 | $1.39 |
Earnings per Common Share – Diluted | $1.59 | $1.39 |
Cash flow data (in $ millions) | ||
Net cash provided by operating activities | $3,430 | $2,824 |
Net cash used in investing activities | $(2,507) | $(2,056) |
Net cash used in financing activities | $(1,028) | $(780) |
Cash and cash equivalents at beginning of year | $462 | $465 |
Cash and cash equivalents at end of year | $331 | $462 |
* Year Ended November 30
Source: “Carnival Corporation & plc Form 10-K 2014”
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