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Segment Information
9 Months Ended
Aug. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The chief operating decision maker, who is the President, Chief Executive Officer and Chief Climate Officer of Carnival Corporation and Carnival plc assesses performance and makes decisions to allocate resources for Carnival Corporation & plc based upon review of the results across all of our segments. The operating segments within each of our reportable segments have been aggregated based on the similarity of their economic and other characteristics, including geographic guest sourcing. Our four reportable segments are comprised of (1) NAA cruise operations, (2) Europe cruise operations (“Europe”), (3) Cruise Support and (4) Tour and Other.
Our Cruise Support segment includes our portfolio of leading port destinations and exclusive islands as well as other services, all of which are operated for the benefit of our cruise brands. Our Tour and Other segment represents the hotel and transportation operations of Holland America Princess Alaska Tours and other operations.
Three Months Ended August 31,
(in millions)RevenuesOperating
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2024
NAA$5,322 $3,000 $455 $424 $1,442 
Europe2,331 1,166 223 173 770 
Cruise Support62 37 81 48 (104)
Tour and Other181 100 70 
$7,896 $4,303 $763 $651 $2,178 
2023
NAA$4,566 $2,661 $420 $377 $1,107 
Europe2,060 1,124 199 168 569 
Cruise Support56 30 87 47 (109)
Tour and Other172 105 56 
$6,854 $3,921 $713 $596 $1,624 
Nine Months Ended August 31,
(in millions)RevenuesOperating
expenses
Selling
and
administrative
Depreciation
and
amortization
Operating
income (loss)
2024
NAA$12,880 $7,983 $1,421 $1,237 $2,239 
Europe5,797 3,552 687 501 1,058 
Cruise Support184 112 243 142 (313)
Tour and Other222 159 15 18 30 
$19,083 $11,805 $2,366 $1,898 $3,013 
2023
NAA$11,000 $7,132 $1,295 $1,115 $1,458 
Europe4,819 3,303 634 506 376 
Cruise Support162 85 211 137 (271)
Tour and Other216 169 21 17 
$16,197 $10,688 $2,162 $1,774 $1,572 
Revenue by geographic areas, which are based on where our guests are sourced, were as follows:
Three Months Ended
August 31,
Nine Months Ended
August 31,
(in millions)2024202320242023
North America$4,975 $4,253 $11,638 $9,937 
Europe2,406 2,165 5,605 4,798 
Australia288 238 1,069 883 
Other 226 198 771 578 
$7,896 $6,854 $19,083 $16,197