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Side-by-side financial comparison of Carnival (CCL) and DaVita (DVA). Click either name above to swap in a different company.
Carnival is the larger business by last-quarter revenue ($6.3B vs $3.6B, roughly 1.7× DaVita). Carnival runs the higher net margin — 6.6% vs 6.5%, a 0.2% gap on every dollar of revenue. On growth, DaVita posted the faster year-over-year revenue change (12.3% vs 6.6%). Over the past eight quarters, Carnival's revenue compounded faster (8.2% CAGR vs 6.6%).
CarnivalCCLEarnings & Financial Report
Carnival is the world's largest leisure travel group specializing in cruise operations. It owns multiple globally recognized cruise brands, serving millions of passengers yearly, offering all-inclusive vacation experiences covering accommodation, catering, entertainment, and shore excursions across global popular destinations.
DaVita Inc. is an American company that provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis, often 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation.
CCL vs DVA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.3B | $3.6B |
| Net Profit | $421.0M | $234.2M |
| Gross Margin | — | — |
| Operating Margin | 11.6% | 15.5% |
| Net Margin | 6.6% | 6.5% |
| Revenue YoY | 6.6% | 12.3% |
| Net Profit YoY | 38.9% | 43.8% |
| EPS (diluted) | $0.33 | $3.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $3.6B | ||
| Q4 25 | $6.3B | $3.6B | ||
| Q3 25 | $8.2B | $3.4B | ||
| Q2 25 | $6.3B | $3.4B | ||
| Q1 25 | $5.8B | $3.2B | ||
| Q4 24 | $5.9B | $3.3B | ||
| Q3 24 | $7.9B | $3.3B | ||
| Q2 24 | $5.8B | $3.2B |
| Q1 26 | — | $234.2M | ||
| Q4 25 | $421.0M | $234.2M | ||
| Q3 25 | $1.9B | $150.3M | ||
| Q2 25 | $565.0M | $199.3M | ||
| Q1 25 | $-78.0M | $162.9M | ||
| Q4 24 | $303.0M | $259.3M | ||
| Q3 24 | $1.7B | $214.7M | ||
| Q2 24 | $92.0M | $222.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 46.2% | — | ||
| Q2 25 | 38.6% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 35.5% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 34.3% | — |
| Q1 26 | — | 15.5% | ||
| Q4 25 | 11.6% | 15.5% | ||
| Q3 25 | 27.9% | 14.8% | ||
| Q2 25 | 14.8% | 15.9% | ||
| Q1 25 | 9.3% | 13.6% | ||
| Q4 24 | 9.4% | 17.2% | ||
| Q3 24 | 27.6% | 16.4% | ||
| Q2 24 | 9.7% | 15.9% |
| Q1 26 | — | 6.5% | ||
| Q4 25 | 6.6% | 6.5% | ||
| Q3 25 | 22.7% | 4.4% | ||
| Q2 25 | 8.9% | 5.9% | ||
| Q1 25 | -1.3% | 5.1% | ||
| Q4 24 | 5.1% | 7.9% | ||
| Q3 24 | 22.0% | 6.6% | ||
| Q2 24 | 1.6% | 7.0% |
| Q1 26 | — | $3.22 | ||
| Q4 25 | $0.33 | $3.22 | ||
| Q3 25 | $1.33 | $2.04 | ||
| Q2 25 | $0.42 | $2.58 | ||
| Q1 25 | $-0.06 | $2.00 | ||
| Q4 24 | $0.28 | $3.08 | ||
| Q3 24 | $1.26 | $2.50 | ||
| Q2 24 | $0.07 | $2.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $700.7M |
| Total DebtLower is stronger | $27.4B | $10.2B |
| Stockholders' EquityBook value | $12.3B | $-651.1M |
| Total Assets | $51.7B | $17.5B |
| Debt / EquityLower = less leverage | 2.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $700.7M | ||
| Q4 25 | $1.9B | $700.7M | ||
| Q3 25 | $1.8B | $736.5M | ||
| Q2 25 | $2.1B | $739.4M | ||
| Q1 25 | $833.0M | $511.9M | ||
| Q4 24 | $1.2B | $846.0M | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.6B | $437.2M |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $27.4B | $10.2B | ||
| Q3 25 | $27.2B | $10.2B | ||
| Q2 25 | $28.0B | $10.1B | ||
| Q1 25 | $27.7B | $9.6B | ||
| Q4 24 | $28.2B | $9.2B | ||
| Q3 24 | $29.6B | $9.3B | ||
| Q2 24 | $30.2B | $8.5B |
| Q1 26 | — | $-651.1M | ||
| Q4 25 | $12.3B | $-651.1M | ||
| Q3 25 | $11.9B | $-571.9M | ||
| Q2 25 | $10.0B | $-369.6M | ||
| Q1 25 | $9.2B | $-267.1M | ||
| Q4 24 | $9.3B | $121.1M | ||
| Q3 24 | $8.6B | $386.7M | ||
| Q2 24 | $6.8B | $632.9M |
| Q1 26 | — | $17.5B | ||
| Q4 25 | $51.7B | $17.5B | ||
| Q3 25 | $50.8B | $17.6B | ||
| Q2 25 | $51.2B | $17.5B | ||
| Q1 25 | $48.5B | $17.1B | ||
| Q4 24 | $49.1B | $17.3B | ||
| Q3 24 | $49.8B | $17.5B | ||
| Q2 24 | $49.6B | $17.0B |
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | — | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 2.79× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.05× | 75.76× | ||
| Q3 24 | 3.45× | 23.95× | ||
| Q2 24 | 4.43× | 13.35× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5B | — |
| Free Cash FlowOCF − Capex | $12.0M | — |
| FCF MarginFCF / Revenue | 0.2% | — |
| Capex IntensityCapex / Revenue | 23.8% | — |
| Cash ConversionOCF / Net Profit | 3.61× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $540.7M | ||
| Q3 25 | $1.4B | $841.5M | ||
| Q2 25 | $2.4B | $324.2M | ||
| Q1 25 | $925.0M | $180.0M | ||
| Q4 24 | $911.0M | $547.6M | ||
| Q3 24 | $1.2B | $810.4M | ||
| Q2 24 | $2.0B | $798.8M |
| Q1 26 | — | — | ||
| Q4 25 | $12.0M | $395.3M | ||
| Q3 25 | $736.0M | $675.4M | ||
| Q2 25 | $1.5B | $203.1M | ||
| Q1 25 | $318.0M | $36.8M | ||
| Q4 24 | $319.0M | $377.0M | ||
| Q3 24 | $628.0M | $671.4M | ||
| Q2 24 | $720.0M | $674.1M |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 10.9% | ||
| Q3 25 | 9.0% | 19.7% | ||
| Q2 25 | 24.4% | 6.0% | ||
| Q1 25 | 5.5% | 1.1% | ||
| Q4 24 | 5.4% | 11.4% | ||
| Q3 24 | 8.0% | 20.6% | ||
| Q2 24 | 12.5% | 21.2% |
| Q1 26 | — | — | ||
| Q4 25 | 23.8% | 4.0% | ||
| Q3 25 | 7.9% | 4.9% | ||
| Q2 25 | 13.4% | 3.6% | ||
| Q1 25 | 10.4% | 4.4% | ||
| Q4 24 | 10.0% | 5.2% | ||
| Q3 24 | 7.3% | 4.3% | ||
| Q2 24 | 22.8% | 3.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.61× | 2.31× | ||
| Q3 25 | 0.75× | 5.60× | ||
| Q2 25 | 4.23× | 1.63× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | 3.01× | 2.11× | ||
| Q3 24 | 0.69× | 3.77× | ||
| Q2 24 | 22.16× | 3.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CCL
| Cruise Passenger Ticket | $4.1B | 64% |
| Other | $2.2B | 34% |
| Cruise | $90.0M | 1% |
| Tour And Other | $29.0M | 0% |
DVA
Segment breakdown not available.
