vs
Side-by-side financial comparison of Carnival (CCL) and Emerson Electric (EMR). Click either name above to swap in a different company.
Carnival is the larger business by last-quarter revenue ($6.3B vs $4.3B, roughly 1.5× Emerson Electric). Emerson Electric runs the higher net margin — 13.9% vs 6.6%, a 7.3% gap on every dollar of revenue. On growth, Carnival posted the faster year-over-year revenue change (6.6% vs 4.1%). Emerson Electric produced more free cash flow last quarter ($602.0M vs $12.0M). Over the past eight quarters, Carnival's revenue compounded faster (8.2% CAGR vs -0.3%).
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.
Emerson ElectricEMREarnings & Financial Report
Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering for industrial, commercial, and consumer markets.
CCL vs EMR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.3B | $4.3B |
| Net Profit | $421.0M | $605.0M |
| Gross Margin | — | 53.2% |
| Operating Margin | 11.6% | 17.8% |
| Net Margin | 6.6% | 13.9% |
| Revenue YoY | 6.6% | 4.1% |
| Net Profit YoY | 38.9% | 3.4% |
| EPS (diluted) | $0.33 | $1.07 |
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.
| Q4 25 | $6.3B | $4.3B | ||
| Q3 25 | $8.2B | $4.9B | ||
| Q2 25 | $6.3B | $4.6B | ||
| Q1 25 | $5.8B | $4.4B | ||
| Q4 24 | $5.9B | $4.2B | ||
| Q3 24 | $7.9B | $4.6B | ||
| Q2 24 | $5.8B | $4.4B | ||
| Q1 24 | $5.4B | $4.4B |
| Q4 25 | $421.0M | $605.0M | ||
| Q3 25 | $1.9B | $637.0M | ||
| Q2 25 | $565.0M | $586.0M | ||
| Q1 25 | $-78.0M | $485.0M | ||
| Q4 24 | $303.0M | $585.0M | ||
| Q3 24 | $1.7B | $996.0M | ||
| Q2 24 | $92.0M | $329.0M | ||
| Q1 24 | $-214.0M | $501.0M |
| Q4 25 | — | 53.2% | ||
| Q3 25 | 46.2% | 51.9% | ||
| Q2 25 | 38.6% | 52.6% | ||
| Q1 25 | 35.2% | 53.5% | ||
| Q4 24 | 35.5% | 53.5% | ||
| Q3 24 | 45.5% | 51.3% | ||
| Q2 24 | 34.3% | 52.8% | ||
| Q1 24 | 31.5% | 52.2% |
| Q4 25 | 11.6% | 17.8% | ||
| Q3 25 | 27.9% | 16.4% | ||
| Q2 25 | 14.8% | 16.1% | ||
| Q1 25 | 9.3% | 14.2% | ||
| Q4 24 | 9.4% | 18.6% | ||
| Q3 24 | 27.6% | 14.7% | ||
| Q2 24 | 9.7% | 10.4% | ||
| Q1 24 | 5.1% | 16.2% |
| Q4 25 | 6.6% | 13.9% | ||
| Q3 25 | 22.7% | 13.1% | ||
| Q2 25 | 8.9% | 12.9% | ||
| Q1 25 | -1.3% | 10.9% | ||
| Q4 24 | 5.1% | 14.0% | ||
| Q3 24 | 22.0% | 21.6% | ||
| Q2 24 | 1.6% | 7.5% | ||
| Q1 24 | -4.0% | 11.4% |
| Q4 25 | $0.33 | $1.07 | ||
| Q3 25 | $1.33 | $1.12 | ||
| Q2 25 | $0.42 | $1.04 | ||
| Q1 25 | $-0.06 | $0.86 | ||
| Q4 24 | $0.28 | $1.02 | ||
| Q3 24 | $1.26 | $1.74 | ||
| Q2 24 | $0.07 | $0.57 | ||
| Q1 24 | $-0.17 | $0.87 |
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 | — |
| Total DebtLower is stronger | $27.4B | $7.6B |
| Stockholders' EquityBook value | $12.3B | $20.3B |
| Total Assets | $51.7B | $41.9B |
| Debt / EquityLower = less leverage | 2.23× | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $833.0M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $2.2B | — |
| Q4 25 | $27.4B | $7.6B | ||
| Q3 25 | $27.2B | $8.9B | ||
| Q2 25 | $28.0B | $8.3B | ||
| Q1 25 | $27.7B | $8.2B | ||
| Q4 24 | $28.2B | $6.6B | ||
| Q3 24 | $29.6B | $7.7B | ||
| Q2 24 | $30.2B | $7.1B | ||
| Q1 24 | $31.6B | $7.6B |
| Q4 25 | $12.3B | $20.3B | ||
| Q3 25 | $11.9B | $20.3B | ||
| Q2 25 | $10.0B | $19.9B | ||
| Q1 25 | $9.2B | $19.2B | ||
| Q4 24 | $9.3B | $20.5B | ||
| Q3 24 | $8.6B | $21.6B | ||
| Q2 24 | $6.8B | $20.8B | ||
| Q1 24 | $6.7B | $20.9B |
| Q4 25 | $51.7B | $41.9B | ||
| Q3 25 | $50.8B | $42.0B | ||
| Q2 25 | $51.2B | $42.5B | ||
| Q1 25 | $48.5B | $42.0B | ||
| Q4 24 | $49.1B | $42.6B | ||
| Q3 24 | $49.8B | $44.2B | ||
| Q2 24 | $49.6B | $45.6B | ||
| Q1 24 | $49.8B | $46.4B |
| Q4 25 | 2.23× | 0.37× | ||
| Q3 25 | 2.28× | 0.44× | ||
| Q2 25 | 2.79× | 0.42× | ||
| Q1 25 | 3.02× | 0.42× | ||
| Q4 24 | 3.05× | 0.32× | ||
| Q3 24 | 3.45× | 0.36× | ||
| Q2 24 | 4.43× | 0.34× | ||
| Q1 24 | 4.72× | 0.36× |
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 | $699.0M |
| Free Cash FlowOCF − Capex | $12.0M | $602.0M |
| FCF MarginFCF / Revenue | 0.2% | 13.9% |
| Capex IntensityCapex / Revenue | 23.8% | 2.2% |
| Cash ConversionOCF / Net Profit | 3.61× | 1.16× |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | $4.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $699.0M | ||
| Q3 25 | $1.4B | $3.1B | ||
| Q2 25 | $2.4B | $1.1B | ||
| Q1 25 | $925.0M | $241.0M | ||
| Q4 24 | $911.0M | $777.0M | ||
| Q3 24 | $1.2B | $3.3B | ||
| Q2 24 | $2.0B | $1.1B | ||
| Q1 24 | $1.8B | $743.0M |
| Q4 25 | $12.0M | $602.0M | ||
| Q3 25 | $736.0M | $2.7B | ||
| Q2 25 | $1.5B | $977.0M | ||
| Q1 25 | $318.0M | $154.0M | ||
| Q4 24 | $319.0M | $694.0M | ||
| Q3 24 | $628.0M | $2.9B | ||
| Q2 24 | $720.0M | $998.0M | ||
| Q1 24 | $-370.0M | $661.0M |
| Q4 25 | 0.2% | 13.9% | ||
| Q3 25 | 9.0% | 54.9% | ||
| Q2 25 | 24.4% | 21.5% | ||
| Q1 25 | 5.5% | 3.5% | ||
| Q4 24 | 5.4% | 16.6% | ||
| Q3 24 | 8.0% | 63.1% | ||
| Q2 24 | 12.5% | 22.8% | ||
| Q1 24 | -6.8% | 15.1% |
| Q4 25 | 23.8% | 2.2% | ||
| Q3 25 | 7.9% | 8.9% | ||
| Q2 25 | 13.4% | 2.0% | ||
| Q1 25 | 10.4% | 2.0% | ||
| Q4 24 | 10.0% | 2.0% | ||
| Q3 24 | 7.3% | 9.1% | ||
| Q2 24 | 22.8% | 2.1% | ||
| Q1 24 | 39.5% | 1.9% |
| Q4 25 | 3.61× | 1.16× | ||
| Q3 25 | 0.75× | 4.86× | ||
| Q2 25 | 4.23× | 1.83× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | 3.01× | 1.33× | ||
| Q3 24 | 0.69× | 3.35× | ||
| Q2 24 | 22.16× | 3.31× | ||
| Q1 24 | — | 1.48× |
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% |
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
