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Gross Margin
Carnival Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 32.7B USD |
Gross Margin |
52%
|
Country | US |
Market Cap | 170B USD |
Gross Margin |
0%
|
Country | CN |
Market Cap | 2.7T MXN |
Gross Margin |
67%
|
Country | US |
Market Cap | 85.9B USD |
Gross Margin |
71%
|
Country | US |
Market Cap | 79.8B USD |
Gross Margin |
20%
|
Country | US |
Market Cap | 64.6B USD |
Gross Margin |
49%
|
Country | US |
Market Cap | 62B USD |
Gross Margin |
38%
|
Country | MY |
Market Cap | 257.3B MYR |
Gross Margin |
0%
|
Country | CN |
Market Cap | 365.3B HKD |
Gross Margin |
81%
|
Country | UK |
Market Cap | 23.5B GBP |
Gross Margin |
36%
|
Country | US |
Market Cap | 24.4B USD |
Gross Margin |
89%
|
Carnival Corp
Glance View
Carnival Corporation, a formidable force on the high seas, orchestrates an elaborate maritime symphony, ferrying millions to destinations across the globe. Founded in 1972, this Miami-based leisure giant has navigated the often turbulent waters of the cruising industry to become one of the most recognized names in travel. With a diverse portfolio of brands including Carnival Cruise Line, Holland America Line, and Princess Cruises, the company offers a comprehensive range of experiences from budget-friendly getaways to opulent voyages, each tailored to a distinct traveler profile. At its core, Carnival leverages its expansive fleet—comprising over 90 vessels—to capitalize on economies of scale, driving operational efficiencies and enhancing shareholder value. Carnival's financial success is anchored to its adept ability to monetize experiences both on and off its ships. The company generates revenue primarily through ticket sales for cruises and carefully curates onboard offerings—dining, entertainment, and shopping—that facilitate substantial ancillary income. Shore excursions provide additional financial streams, inviting passengers to explore exotic locales while simultaneously partnering with local vendors, boosting both local economies and Carnival's bottom line. Additionally, collaboration with travel agents and a robust direct booking platform accentuates customer acquisition and retention, cementing Carnival's pivotal role not only as a transport provider but as a comprehensive orchestrator of holiday experiences.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Carnival Corp's most recent financial statements, the company has Gross Margin of 52%.