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Side-by-side financial comparison of Carnival (CCL) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Carnival is the larger business by last-quarter revenue ($6.3B vs $3.8B, roughly 1.7× Stanley Black & Decker). Carnival runs the higher net margin — 6.6% vs 1.4%, a 5.3% gap on every dollar of revenue. On growth, Carnival posted the faster year-over-year revenue change (6.6% vs 0.1%). Stanley Black & Decker produced more free cash flow last quarter ($155.3M vs $12.0M). Over the past eight quarters, Carnival's revenue compounded faster (8.2% CAGR vs 0.3%).

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.

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

CCL vs SWK — Head-to-Head

Bigger by revenue
CCL
CCL
1.7× larger
CCL
$6.3B
$3.8B
SWK
Growing faster (revenue YoY)
CCL
CCL
+6.5% gap
CCL
6.6%
0.1%
SWK
Higher net margin
CCL
CCL
5.3% more per $
CCL
6.6%
1.4%
SWK
More free cash flow
SWK
SWK
$143.3M more FCF
SWK
$155.3M
$12.0M
CCL
Faster 2-yr revenue CAGR
CCL
CCL
Annualised
CCL
8.2%
0.3%
SWK

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CCL
CCL
SWK
SWK
Revenue
$6.3B
$3.8B
Net Profit
$421.0M
$51.4M
Gross Margin
31.4%
Operating Margin
11.6%
Net Margin
6.6%
1.4%
Revenue YoY
6.6%
0.1%
Net Profit YoY
38.9%
-43.6%
EPS (diluted)
$0.33
$0.34

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.

Revenue
CCL
CCL
SWK
SWK
Q4 25
$6.3B
Q3 25
$8.2B
$3.8B
Q2 25
$6.3B
$3.9B
Q1 25
$5.8B
$3.7B
Q4 24
$5.9B
$3.7B
Q3 24
$7.9B
$3.8B
Q2 24
$5.8B
$4.0B
Q1 24
$5.4B
$3.9B
Net Profit
CCL
CCL
SWK
SWK
Q4 25
$421.0M
Q3 25
$1.9B
$51.4M
Q2 25
$565.0M
$101.9M
Q1 25
$-78.0M
$90.4M
Q4 24
$303.0M
$194.9M
Q3 24
$1.7B
$91.1M
Q2 24
$92.0M
$-11.2M
Q1 24
$-214.0M
$19.5M
Gross Margin
CCL
CCL
SWK
SWK
Q4 25
Q3 25
46.2%
31.4%
Q2 25
38.6%
27.0%
Q1 25
35.2%
29.9%
Q4 24
35.5%
30.8%
Q3 24
45.5%
29.9%
Q2 24
34.3%
28.4%
Q1 24
31.5%
28.6%
Operating Margin
CCL
CCL
SWK
SWK
Q4 25
11.6%
Q3 25
27.9%
Q2 25
14.8%
Q1 25
9.3%
Q4 24
9.4%
3.4%
Q3 24
27.6%
10.6%
Q2 24
9.7%
9.5%
Q1 24
5.1%
8.3%
Net Margin
CCL
CCL
SWK
SWK
Q4 25
6.6%
Q3 25
22.7%
1.4%
Q2 25
8.9%
2.6%
Q1 25
-1.3%
2.4%
Q4 24
5.1%
5.2%
Q3 24
22.0%
2.4%
Q2 24
1.6%
-0.3%
Q1 24
-4.0%
0.5%
EPS (diluted)
CCL
CCL
SWK
SWK
Q4 25
$0.33
Q3 25
$1.33
$0.34
Q2 25
$0.42
$0.67
Q1 25
$-0.06
$0.60
Q4 24
$0.28
$1.29
Q3 24
$1.26
$0.60
Q2 24
$0.07
$-0.07
Q1 24
$-0.17
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCL
CCL
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$1.9B
$268.3M
Total DebtLower is stronger
$27.4B
$5.3B
Stockholders' EquityBook value
$12.3B
$9.0B
Total Assets
$51.7B
$21.8B
Debt / EquityLower = less leverage
2.23×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCL
CCL
SWK
SWK
Q4 25
$1.9B
Q3 25
$1.8B
$268.3M
Q2 25
$2.1B
$311.8M
Q1 25
$833.0M
$344.8M
Q4 24
$1.2B
$290.5M
Q3 24
$1.5B
$298.7M
Q2 24
$1.6B
$318.5M
Q1 24
$2.2B
$476.6M
Total Debt
CCL
CCL
SWK
SWK
Q4 25
$27.4B
Q3 25
$27.2B
$5.3B
Q2 25
$28.0B
$5.6B
Q1 25
$27.7B
$5.6B
Q4 24
$28.2B
$6.1B
Q3 24
$29.6B
$6.1B
Q2 24
$30.2B
$6.1B
Q1 24
$31.6B
$6.1B
Stockholders' Equity
CCL
CCL
SWK
SWK
Q4 25
$12.3B
Q3 25
$11.9B
$9.0B
Q2 25
$10.0B
$9.1B
Q1 25
$9.2B
$8.8B
Q4 24
$9.3B
$8.7B
Q3 24
$8.6B
$8.9B
Q2 24
$6.8B
$8.7B
Q1 24
$6.7B
$8.9B
Total Assets
CCL
CCL
SWK
SWK
Q4 25
$51.7B
Q3 25
$50.8B
$21.8B
Q2 25
$51.2B
$22.5B
Q1 25
$48.5B
$22.5B
Q4 24
$49.1B
$21.8B
Q3 24
$49.8B
$22.5B
Q2 24
$49.6B
$22.5B
Q1 24
$49.8B
$23.9B
Debt / Equity
CCL
CCL
SWK
SWK
Q4 25
2.23×
Q3 25
2.28×
0.59×
Q2 25
2.79×
0.62×
Q1 25
3.02×
0.63×
Q4 24
3.05×
0.70×
Q3 24
3.45×
0.69×
Q2 24
4.43×
0.70×
Q1 24
4.72×
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCL
CCL
SWK
SWK
Operating Cash FlowLast quarter
$1.5B
$221.2M
Free Cash FlowOCF − Capex
$12.0M
$155.3M
FCF MarginFCF / Revenue
0.2%
4.1%
Capex IntensityCapex / Revenue
23.8%
1.8%
Cash ConversionOCF / Net Profit
3.61×
4.30×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCL
CCL
SWK
SWK
Q4 25
$1.5B
Q3 25
$1.4B
$221.2M
Q2 25
$2.4B
$214.3M
Q1 25
$925.0M
$-420.0M
Q4 24
$911.0M
$679.1M
Q3 24
$1.2B
$285.8M
Q2 24
$2.0B
$573.0M
Q1 24
$1.8B
$-431.0M
Free Cash Flow
CCL
CCL
SWK
SWK
Q4 25
$12.0M
Q3 25
$736.0M
$155.3M
Q2 25
$1.5B
$134.7M
Q1 25
$318.0M
$-485.0M
Q4 24
$319.0M
$564.6M
Q3 24
$628.0M
$199.3M
Q2 24
$720.0M
$485.8M
Q1 24
$-370.0M
$-496.7M
FCF Margin
CCL
CCL
SWK
SWK
Q4 25
0.2%
Q3 25
9.0%
4.1%
Q2 25
24.4%
3.4%
Q1 25
5.5%
-13.0%
Q4 24
5.4%
15.2%
Q3 24
8.0%
5.3%
Q2 24
12.5%
12.1%
Q1 24
-6.8%
-12.8%
Capex Intensity
CCL
CCL
SWK
SWK
Q4 25
23.8%
Q3 25
7.9%
1.8%
Q2 25
13.4%
2.0%
Q1 25
10.4%
1.7%
Q4 24
10.0%
3.1%
Q3 24
7.3%
2.3%
Q2 24
22.8%
2.2%
Q1 24
39.5%
1.7%
Cash Conversion
CCL
CCL
SWK
SWK
Q4 25
3.61×
Q3 25
0.75×
4.30×
Q2 25
4.23×
2.10×
Q1 25
-4.65×
Q4 24
3.01×
3.48×
Q3 24
0.69×
3.14×
Q2 24
22.16×
Q1 24
-22.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CCL
CCL

Cruise Passenger Ticket$4.1B64%
Other$2.2B34%
Cruise$90.0M1%
Tour And Other$29.0M0%

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

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