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Side-by-side financial comparison of Carnival (CCL) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
Carnival is the larger business by last-quarter revenue ($6.3B vs $6.1B, roughly 1.0× WESCO INTERNATIONAL INC). Carnival runs the higher net margin — 6.6% vs 2.6%, a 4.0% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (10.3% vs 6.6%). WESCO INTERNATIONAL INC produced more free cash flow last quarter ($27.5M vs $12.0M). Over the past eight quarters, Carnival's revenue compounded faster (8.2% CAGR vs 6.5%).
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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
CCL vs WCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.3B | $6.1B |
| Net Profit | $421.0M | $159.8M |
| Gross Margin | — | 21.2% |
| Operating Margin | 11.6% | 5.3% |
| Net Margin | 6.6% | 2.6% |
| Revenue YoY | 6.6% | 10.3% |
| Net Profit YoY | 38.9% | -3.4% |
| EPS (diluted) | $0.33 | $3.33 |
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 | $6.1B | ||
| Q3 25 | $8.2B | $6.2B | ||
| Q2 25 | $6.3B | $5.9B | ||
| Q1 25 | $5.8B | $5.3B | ||
| Q4 24 | $5.9B | $5.5B | ||
| Q3 24 | $7.9B | $5.5B | ||
| Q2 24 | $5.8B | $5.5B | ||
| Q1 24 | $5.4B | $5.3B |
| Q4 25 | $421.0M | $159.8M | ||
| Q3 25 | $1.9B | $187.5M | ||
| Q2 25 | $565.0M | $174.5M | ||
| Q1 25 | $-78.0M | $118.4M | ||
| Q4 24 | $303.0M | $165.4M | ||
| Q3 24 | $1.7B | $204.3M | ||
| Q2 24 | $92.0M | $232.1M | ||
| Q1 24 | $-214.0M | $115.8M |
| Q4 25 | — | 21.2% | ||
| Q3 25 | 46.2% | 21.3% | ||
| Q2 25 | 38.6% | 21.1% | ||
| Q1 25 | 35.2% | 21.1% | ||
| Q4 24 | 35.5% | 21.2% | ||
| Q3 24 | 45.5% | 22.1% | ||
| Q2 24 | 34.3% | 21.9% | ||
| Q1 24 | 31.5% | 21.3% |
| Q4 25 | 11.6% | 5.3% | ||
| Q3 25 | 27.9% | 5.6% | ||
| Q2 25 | 14.8% | 5.5% | ||
| Q1 25 | 9.3% | 4.5% | ||
| Q4 24 | 9.4% | 5.5% | ||
| Q3 24 | 27.6% | 6.1% | ||
| Q2 24 | 9.7% | 5.9% | ||
| Q1 24 | 5.1% | 4.9% |
| Q4 25 | 6.6% | 2.6% | ||
| Q3 25 | 22.7% | 3.0% | ||
| Q2 25 | 8.9% | 3.0% | ||
| Q1 25 | -1.3% | 2.2% | ||
| Q4 24 | 5.1% | 3.0% | ||
| Q3 24 | 22.0% | 3.7% | ||
| Q2 24 | 1.6% | 4.2% | ||
| Q1 24 | -4.0% | 2.2% |
| Q4 25 | $0.33 | $3.33 | ||
| Q3 25 | $1.33 | $3.79 | ||
| Q2 25 | $0.42 | $3.83 | ||
| Q1 25 | $-0.06 | $2.10 | ||
| Q4 24 | $0.28 | $3.01 | ||
| Q3 24 | $1.26 | $3.81 | ||
| Q2 24 | $0.07 | $4.28 | ||
| Q1 24 | $-0.17 | $1.95 |
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 | — |
| Stockholders' EquityBook value | $12.3B | $5.0B |
| Total Assets | $51.7B | $16.5B |
| Debt / EquityLower = less leverage | 2.23× | — |
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 | — | ||
| Q3 25 | $27.2B | — | ||
| Q2 25 | $28.0B | — | ||
| Q1 25 | $27.7B | — | ||
| Q4 24 | $28.2B | — | ||
| Q3 24 | $29.6B | — | ||
| Q2 24 | $30.2B | — | ||
| Q1 24 | $31.6B | — |
| Q4 25 | $12.3B | $5.0B | ||
| Q3 25 | $11.9B | $4.8B | ||
| Q2 25 | $10.0B | $4.8B | ||
| Q1 25 | $9.2B | $5.0B | ||
| Q4 24 | $9.3B | $5.0B | ||
| Q3 24 | $8.6B | $5.0B | ||
| Q2 24 | $6.8B | $4.9B | ||
| Q1 24 | $6.7B | $5.0B |
| Q4 25 | $51.7B | $16.5B | ||
| Q3 25 | $50.8B | $16.6B | ||
| Q2 25 | $51.2B | $16.2B | ||
| Q1 25 | $48.5B | $15.5B | ||
| Q4 24 | $49.1B | $15.1B | ||
| Q3 24 | $49.8B | $15.3B | ||
| Q2 24 | $49.6B | $15.1B | ||
| Q1 24 | $49.8B | $15.5B |
| Q4 25 | 2.23× | — | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 2.79× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.05× | — | ||
| Q3 24 | 3.45× | — | ||
| Q2 24 | 4.43× | — | ||
| Q1 24 | 4.72× | — |
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 | $71.9M |
| Free Cash FlowOCF − Capex | $12.0M | $27.5M |
| FCF MarginFCF / Revenue | 0.2% | 0.5% |
| Capex IntensityCapex / Revenue | 23.8% | 0.7% |
| Cash ConversionOCF / Net Profit | 3.61× | 0.45× |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $71.9M | ||
| Q3 25 | $1.4B | $-82.7M | ||
| Q2 25 | $2.4B | $107.8M | ||
| Q1 25 | $925.0M | $28.0M | ||
| Q4 24 | $911.0M | $276.6M | ||
| Q3 24 | $1.2B | $302.1M | ||
| Q2 24 | $2.0B | $-223.8M | ||
| Q1 24 | $1.8B | $746.3M |
| Q4 25 | $12.0M | $27.5M | ||
| Q3 25 | $736.0M | $-95.9M | ||
| Q2 25 | $1.5B | $86.0M | ||
| Q1 25 | $318.0M | $7.6M | ||
| Q4 24 | $319.0M | $252.3M | ||
| Q3 24 | $628.0M | $272.9M | ||
| Q2 24 | $720.0M | $-244.6M | ||
| Q1 24 | $-370.0M | $725.9M |
| Q4 25 | 0.2% | 0.5% | ||
| Q3 25 | 9.0% | -1.5% | ||
| Q2 25 | 24.4% | 1.5% | ||
| Q1 25 | 5.5% | 0.1% | ||
| Q4 24 | 5.4% | 4.6% | ||
| Q3 24 | 8.0% | 5.0% | ||
| Q2 24 | 12.5% | -4.5% | ||
| Q1 24 | -6.8% | 13.6% |
| Q4 25 | 23.8% | 0.7% | ||
| Q3 25 | 7.9% | 0.2% | ||
| Q2 25 | 13.4% | 0.4% | ||
| Q1 25 | 10.4% | 0.4% | ||
| Q4 24 | 10.0% | 0.4% | ||
| Q3 24 | 7.3% | 0.5% | ||
| Q2 24 | 22.8% | 0.4% | ||
| Q1 24 | 39.5% | 0.4% |
| Q4 25 | 3.61× | 0.45× | ||
| Q3 25 | 0.75× | -0.44× | ||
| Q2 25 | 4.23× | 0.62× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 3.01× | 1.67× | ||
| Q3 24 | 0.69× | 1.48× | ||
| Q2 24 | 22.16× | -0.96× | ||
| Q1 24 | — | 6.44× |
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% |
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
