CCL FY2025 SEC EDGAR DEF 14A

Carnival Corp Ltd. CEO pay ratio

The CEO earned $18.9M in FY2025 against median worker pay of $17,768 · Water Transportation.

Water Transportation peers All rankings
State
D0
Filing date
2026-02-27
Industry
Water Transportation
Fiscal year
FY2025

Data updated August 2026

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CEO-to-worker pay ratio
1,063:1
Extreme (bar capped at 1000:1; actual ratio shown above)
CEO pay
$18.9M
Median worker
$17,768

Answer first

Carnival Corp Ltd.'s FY2025 CEO total of $18.9M ranks #188 of 1,423 complete filings; its 1,063:1 pay ratio ranks #42. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $17,768. Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Water Transportation companies.

Dollar rank
#188
$18.9M of 1,423 FY2025
Ratio rank
#42
1,063:1 of 1,423
Median worker
$17,768
Dodd-Frank median employee

How Carnival Corp Ltd. ranks nationally

Carnival Corp Ltd. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$18,887,776 Top 13% higher than 87% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). Below this entry. $12,500,000–$15,000,000: 91 companies (6%). Below this entry. $15,000,000–$17,500,000: 88 companies (6%). Below this entry. $17,500,000–$20,000,000: 54 companies (4%). This entry sits in this band. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Carnival Corp Ltd.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Carnival Corp Ltd.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
1,063:1
FY2025
vs prior FY
-335:1
from FY2024 1,398:1
CEO $ YoY
-20%
$18.9M latest
Filings shown
5
FY2021–2025
Carnival Corp Ltd. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $15.1M - $8,657 1,740:1 -
2022 $8.0M -47% $14,492 553:1 -1187:1
2023 $13.8M +72% $16,799 822:1 +269:1
2024 $23.6M +71% $16,857 1,398:1 +576:1
2025 $18.9M -20% $17,768 1,063:1 -335:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 815097, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Water Transportation

This Company's Ratio
1,063:1
Industry Median Ratio
530:1
Industry Median CEO Pay
$13.8M
This CEO's Pay
$18.9M
Companies in Industry
3
vs. Industry Median
Above
View all companies in Water Transportation →

Carnival Corp Ltd.: upper-tail Item 402(u) ratio

Carnival Corp Ltd.'s 1,063:1 ratio ranks #42 of 1,423 FY2025 complete filings (higher third by ratio). the CEO earned 1063× the median employee ($17,768) in FY2025.

At $17,768 median worker pay (LOW-MED), the MEGA stamp means roughly 1063 years of median wages to match one CEO year.

CEO Total Pay

$18.9M

FY2025 Summary Compensation, above median

Pay Ratio

1,063:1

Outlier, top decile

Carnival Corp Ltd. in the higher-ratio third

Carnival Corp Ltd.'s 1,063:1 ratio ranks #42 of 1,423 FY2025 complete filings (higher third by ratio). The structured pay-ratio disclosure reports the total without line-item components. Water Transportation (SIC 44) median ratio is 530:1 across 3 FY2025 filers; Carnival Corp Ltd.'s $18.9M CEO total is above the $13.8M industry median CEO pay.

Dollar rank #188 and ratio rank #42 split - treat 1,063:1 as a disclosure, not a fairness score. Open Water Transportation peers.

Key Data, FY2025

Total Compensation
$18.9M
Median Employee Pay
$17,768
Pay Ratio
1,063:1
Filing Date
2026-02-27

Company Info

Ticker
CCL
CIK
815097
Industry
Water Transportation
SIC Code
4400
State
D0
View SEC filings →
SEC EDGAR DEF 14A for CIK 815097, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Carnival Corp Ltd.'s 1,063:1 ratio ranks #42 of 1,423 FY2025 complete filings (higher third by ratio).

Read with Carnival Corp Ltd.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MEGA · PEAK · LOW-MED.

Madrigal Pharmaceuticals, Inc. · PEAK

ABS(ceo_total_comp) peer at $19.0M (Δ $72K heavier vs Carnival Corp Ltd.); MODEST · ELITE-MED vs this page's MEGA · PEAK · LOW-MED.
Marathon Petroleum Corp · PEAK

ABS(ceo_total_comp) peer at $19.0M (Δ $98K heavier vs Carnival Corp Ltd.); MID · ELITE-MED vs this page's MEGA · PEAK · LOW-MED.
Zoetis Inc. · PEAK

ABS(ceo_total_comp) peer at $19.0M (Δ $132K heavier vs Carnival Corp Ltd.); STEEP · HIGH-MED vs this page's MEGA · PEAK · LOW-MED.
Talen Energy Corp · PEAK

ABS(ceo_total_comp) peer at $18.7M (Δ $148K lighter vs Carnival Corp Ltd.); PARITY · ELITE-MED vs this page's MEGA · PEAK · LOW-MED.
Water Transportation benchmark

Carnival Corp Ltd. stamps MEGA · PEAK · LOW-MED inside SIC 44 - open the industry median board after the ABS peers.
National dual ranks · #188/#42

Carnival Corp Ltd.'s FY2025 package sits #188 by CEO dollars and #42 by ratio under PEAK · MEGA.
Highest-paid CEOs · MEGA

Carnival Corp Ltd.'s MEGA stamp is in the upper tail - the highest-paid list shows how dollar packages and ratios diverge.
Data sourced from SEC EDGAR DEF 14A for Carnival Corp Ltd. (CIK 815097), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.