Carnival (US:CCL)2025-09-29 14:00Financial Performance - Achieved an all-time high quarterly Adjusted Net Income of $2 billion[1,9] - Adjusted EBITDA reached $3 billion in 3Q 2025[10] - Full year 2025 Adjusted Net Income guidance raised to $29 billion[1,11] - Net Yields increased by 46% in 3Q 2025 compared to 2024[10] - Adjusted cruise costs excluding fuel per ALBD decreased by 55% compared to 2024[10] - Customer deposits increased by $22 billion compared to 3Q 2019[12] Strategic Initiatives & Expansion - Celebration Key welcomed nearly half a million guests[20] - Nearly 3 million guests are expected to visit Celebration Key in 2026[21] - The company has the most assets and capacity dedicated to Alaska[26] - The company's leading brands hold the 1 or 2 market position in every established cruise market in Europe[33] Financial Strategy - The company repaid over $5 billion of debt using proceeds from financings and cash on hand[37] - The company is targeting a Net Debt to Adjusted EBITDA ratio of under 30x[44]