CCL

Stock

Carnival Corporation & plc

Very rare

This is the kind of decline worth waking up for.

Carnival Corporation & plc is 59.6% off its high — among the deepest declines in its recorded history.

Price $26.72 · as of Jul 9, 2026All-time high $66.22Drawdown -59.6%Severity Score™ 10.8
🔴

Extreme

Current Drawdown

-59.6%

Days in Drawdown

3082

Avg Max Drawdown

6.6%

Avg Length

76

Drawdown Severity Score™

10.8

CCL - Price & High Water Mark

CCL - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within CCL's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.4xBelow Typical · 19th percentile
Low: 0.26xMedian: 2.0xHigh: 214.8x

20 years of daily history

99.4% below its highest Price to Sales reading · 6.2x typical multiple drawdown · high date September 27, 2021

Price to Sales history

EV to EBITDA

8.3xBelow Typical · 15th percentile
Low: 3.0xMedian: 10.6xHigh: 63.8x

20 years of daily history

87.0% below its highest EV to EBITDA reading · 3.6x typical multiple drawdown · high date July 10, 2023

EV to EBITDA history · log scale

How we measure valuation

Carnival Corporation & plc (CCL) Analysis: Current Drawdown Insights

Carnival Corporation & plc is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $26.72, which represents a 59.6% decline from its all-time high of $66.22. This drawdown has persisted for 3082 days.

Based on its full tracked price history, Carnival Corporation & plc typically experiences drawdowns averaging 6.6% in depth, with an average duration of 76 days. Carnival Corporation & plc has gone through 142 total drawdown events in its tracked history. The largest drawdown on record for Carnival Corporation & plc was 71.2%, beginning in 2004. The longest drawdown duration on record was 3650 days.

The Drawdown Severity Score™ for Carnival Corporation & plc currently stands at 10.79. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Carnival Corporation & plc's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 142 tracked pullbacks (66 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2018-01-30Ongoing3082 days-59.6%$66.22$26.72n/a
2018-01-252018-01-262 days-0.6%$65.51$65.13$65.95
2018-01-162018-01-249 days-1.7%$64.15$63.06$65.51
2017-09-012018-01-12134 days-8.6%$63.52$58.06$64.15
2017-08-292017-08-313 days-0.6%$62.67$62.27$63.52
2017-08-172017-08-2812 days-2.0%$62.60$61.32$62.67
2017-08-102017-08-156 days-1.1%$61.95$61.24$62.45
2017-07-212017-08-0415 days-1.8%$61.42$60.30$61.63
2017-07-182017-07-203 days-0.4%$60.92$60.67$61.42
2017-07-062017-07-1712 days-1.6%$60.48$59.52$60.92
2017-06-262017-07-0510 days-2.1%$60.40$59.13$60.48
2017-06-222017-06-232 days-1.1%$60.38$59.71$60.40
2017-06-202017-06-212 days-0.9%$60.28$59.72$60.38
2017-06-052017-06-1511 days-3.3%$59.51$57.57$59.53
2017-05-102017-05-2617 days-5.5%$57.09$53.96$57.59
2017-05-082017-05-092 days-0.5%$56.91$56.65$57.09
2017-05-032017-05-042 days-0.1%$56.62$56.57$56.86
2017-03-312017-04-2425 days-3.1%$53.54$51.90$53.84
2017-03-292017-03-302 days-0.5%$53.51$53.24$53.54
2017-03-132017-03-153 days-0.4%$51.66$51.46$51.81
2017-01-272017-03-1043 days-2.9%$51.09$49.61$51.66
2017-01-122017-01-2514 days-2.7%$48.96$47.64$50.10
2017-01-062017-01-105 days-0.1%$48.20$48.15$48.68
2015-12-302017-01-05373 days-24.0%$48.13$36.59$48.20
2015-12-232015-12-297 days-0.4%$47.37$47.20$48.13
2015-11-022015-12-2150 days-8.3%$46.92$43.04$47.08
2015-10-282015-10-292 days-1.0%$46.71$46.23$46.92
2015-10-262015-10-272 days-0.1%$46.48$46.42$46.71
2015-08-032015-10-2382 days-12.3%$45.97$40.32$46.48
2015-07-232015-07-319 days-2.9%$45.18$43.87$45.97
2015-07-172015-07-226 days-0.5%$45.04$44.82$45.18
2015-07-152015-07-162 days-0.7%$45.03$44.72$45.04
2015-06-292015-07-1315 days-3.3%$43.65$42.21$44.71
2015-06-232015-06-253 days-0.9%$43.06$42.68$43.17
2015-04-082015-06-1872 days-10.9%$41.80$37.25$41.94
2015-04-062015-04-072 days-0.4%$41.17$40.99$41.80
2015-04-012015-04-022 days-0.8%$41.06$40.75$41.17
2015-03-232015-03-275 days-5.3%$40.23$38.10$40.44
2015-03-192015-03-202 days-0.1%$40.09$40.06$40.23
2015-01-272015-03-1850 days-8.8%$39.90$36.39$40.09
2015-01-092015-01-2618 days-3.2%$39.83$38.54$39.90
2014-12-302015-01-079 days-1.3%$39.21$38.68$39.25
2004-12-292014-12-263650 days-71.2%$38.80$11.19$39.06
2004-12-272004-12-282 days-0.4%$38.28$38.14$38.80
2004-12-152004-12-162 days-1.0%$36.60$36.23$36.87
2004-12-072004-12-137 days-0.9%$36.38$36.05$36.50
2004-11-152004-12-0117 days-5.2%$35.34$33.49$35.57
2004-11-052004-11-106 days-1.8%$34.63$34.02$34.65
2004-10-292004-11-014 days-0.2%$33.37$33.30$33.59
2004-10-212004-10-255 days-1.1%$32.76$32.39$32.99
1999-04-132004-10-202018 days-65.1%$32.63$11.39$32.76
1999-02-011999-04-0160 days-13.5%$29.86$25.83$30.12
1999-01-041999-01-2926 days-11.2%$29.22$25.95$29.86
1998-07-091998-12-21166 days-48.3%$25.48$13.17$26.14
1998-04-071998-06-2378 days-13.1%$22.91$19.91$23.02
1996-06-111996-10-02114 days-17.7%$9.21$7.58$9.28
1995-11-161996-02-0279 days-15.4%$7.91$6.69$8.12
1995-05-171995-11-10178 days-21.9%$7.72$6.02$7.84
1994-02-041995-05-12462 days-24.3%$7.45$5.64$7.50
1993-10-181993-11-3044 days-11.7%$6.89$6.09$6.90
1993-02-091993-06-28139 days-20.1%$5.54$4.43$5.66
1992-03-111992-12-28293 days-24.8%$4.70$3.53$4.71
1991-10-211992-02-06109 days-23.5%$3.96$3.03$3.98
1991-05-101991-09-25139 days-19.0%$3.42$2.77$3.46
1989-08-251991-04-18602 days-56.4%$3.39$1.48$3.41
1989-01-301989-06-01122 days-17.3%$2.35$1.94$2.39
1987-08-271989-01-12505 days-51.4%$2.12$1.03$2.13

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Carnival Corporation & plc (CCL) is trading at $26.72 as of Jul 9, 2026. It is 59.6% below its high of $66.22. The drawdown has lasted 3,082 days. Severity score: 10.8 (Extreme).

CCL Price History and Drawdown Data

Latest price

$26.72

High-water mark

$66.22

Current drawdown

-59.6%

Days in drawdown

3,082

This CCL page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Carnival Corporation & plc drawdowns.

What History Says About CCL

Carnival Corporation & plc has dropped 25%+ from its high 5 times in its tracked history. These events lasted an average of 1388 days with an average max drop of -58.5%.

The current drawdown of -59.6% has lasted 3,082 days, which is 2.2x the average duration of comparable events.

PeriodMax DropDuration
Dec 2004 to Dec 2014-71.2%3650 days
Apr 1999 to Oct 2004-65.1%2018 days
Aug 1989 to Apr 1991-56.4%602 days
Aug 1987 to Jan 1989-51.4%505 days
Jul 1998 to Dec 1998-48.3%166 days

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