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Viking Holdings Ltd logo

Viking Holdings Ltd

VIK

NYSEConsumer CyclicalTravel Services

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Previous close

$92.79

+$2.26 · +2.50%

Aug 21, 4:00 PM ET

VIK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

55

Fair Value

Momentum

57

Neutral

Sentiment

57

Mixed

Risk resilience

68

Moderate Risk

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Company profile

Company website

Viking Holdings Ltd specializes in passenger transportation services, primarily through sea travel, across North America, the United Kingdom, and on a global scale. The company's activities are structured into distinct River and Ocean operational segments. Furthermore, it functions as a tour provider for its clientele and undertakes associated tourism endeavors. As of December 31, 2023, Viking commanded a substantial fleet of 92 vessels. This included 81 riverboats, which were made up of 58 Longships, 10 smaller vessels drawing on the Longship design, 11 other diverse river vessels, a single chartered river vessel, and the distinctive Viking Mississippi. Additionally, its fleet comprised 9 ocean liners and 2 expedition ships. Founded in 1997, Viking Holdings Ltd maintains its principal office in Pembroke, Bermuda.

Industry
Travel Services
Sector
Consumer Cyclical
Headquarters
BM
CEO
Leah Talacta
Listed since
May 1, 2024
Employees
13,000

Market position

Day range

Current $92.79

52-week range

Current $92.79

Open
$90.92
Previous close
$90.53
Volume
4.99M
1.68× average
Average volume
2.97M
Average daily volume
Market cap
41.22B USD
Beta
1.5
Market reference 1
50-day average
$100.26
-7.45% below average
200-day average
$80.9308
+14.65% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
33.61B USD
P/E (TTM)
30.62×
P/B (TTM)
25.07×
P/S (TTM)
5.92×
EV / EBITDA
18.52×
Earnings yield
3.62%
Free cash flow yield
4.11%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
38.76%
Operating margin
23.27%
Net margin
19.33%
Return on equity
104.92%
Return on assets
9.38%
Return on invested capital
21.34%

Financial health

Debt / equity
3.75×
Current ratio
0.79×
Altman Z-score
2.85
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends77%-74%-225%-376%Gross margin, FY2021: -46.65%Gross margin, FY2022: 23.52%Gross margin, FY2023: 34.07%Gross margin, FY2024: 36.73%Gross margin, FY2025: 38.96%Operating margin, FY2021: -120.58%Operating margin, FY2022: 1.99%Operating margin, FY2023: 17.32%Operating margin, FY2024: 20.16%Operating margin, FY2025: 23.10%Net margin, FY2021: -337.86%Net margin, FY2022: 12.55%Net margin, FY2023: -39.29%Net margin, FY2024: 2.86%Net margin, FY2025: 17.65%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -46.65%. Gross margin FY2022 23.52%. Gross margin FY2023 34.07%. Gross margin FY2024 36.73%. Gross margin FY2025 38.96%. Operating margin FY2021 -120.58%. Operating margin FY2022 1.99%. Operating margin FY2023 17.32%. Operating margin FY2024 20.16%. Operating margin FY2025 23.10%. Net margin FY2021 -337.86%. Net margin FY2022 12.55%. Net margin FY2023 -39.29%. Net margin FY2024 2.86%. Net margin FY2025 17.65%.

Income trends

Revenue

6.5B USD+21.89%

Operating income

1.5B USD+39.67%

Net income

1.15B USD+653.34%
Income trends across reported periods7.36B USD3.92B USD472.03M USD−2.97B USDRevenue, FY2021: 625.1M USDRevenue, FY2022: 3.18B USDRevenue, FY2023: 4.71B USDRevenue, FY2024: 5.33B USDRevenue, FY2025: 6.5B USDOperating income, FY2021: −753.75M USDOperating income, FY2022: 63.09M USDOperating income, FY2023: 815.95M USDOperating income, FY2024: 1.08B USDOperating income, FY2025: 1.5B USDNet income, FY2021: −2.11B USDNet income, FY2022: 398.56M USDNet income, FY2023: −1.85B USDNet income, FY2024: 152.33M USDNet income, FY2025: 1.15B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 625.1M USD. Revenue FY2022 3.18B USD. Revenue FY2023 4.71B USD. Revenue FY2024 5.33B USD. Revenue FY2025 6.5B USD. Operating income FY2021 −753.75M USD. Operating income FY2022 63.09M USD. Operating income FY2023 815.95M USD. Operating income FY2024 1.08B USD. Operating income FY2025 1.5B USD. Net income FY2021 −2.11B USD. Net income FY2022 398.56M USD. Net income FY2023 −1.85B USD. Net income FY2024 152.33M USD. Net income FY2025 1.15B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.5B USD5.33B USD4.71B USD3.18B USD625.1M USD
Cost of goods sold3.97B USD3.37B USD3.11B USD2.43B USD916.69M USD
Gross profit2.53B USD1.96B USD1.6B USD747.1M USD−291.59M USD
Selling, general, and administrative1.03B USD883.89M USD789.04M USD684.01M USD462.16M USD
Operating expenses1.03B USD883.89M USD789.04M USD684.01M USD462.16M USD
Interest income84.88M USD69.37M USD48.03M USD14.04M USD1.93M USD
Interest expense362.58M USD380.49M USD479.95M USD456.64M USD397.93M USD
Depreciation and amortization284.79M USD260.84M USD253.72M USD276.51M USD204.41M USD
Operating income1.5B USD1.08B USD815.95M USD63.09M USD−753.75M USD
Net income1.15B USD152.33M USD−1.85B USD398.56M USD−2.11B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+22.46%
11 comparable reports
Latest EPS result
1.31
Estimate 1.26 · Beat by 3.97%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.440.820.2-0.42Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MetQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual 0.45, estimate 0.365, surprise +23.39%, Beat. Q2 2025, reported May 20, 2025: actual -0.24, estimate -0.294, surprise +18.36%, Beat. Q3 2025, reported Aug 19, 2025: actual 0.99, estimate 0.995, surprise -0.50%, Miss. Q4 2025, reported Nov 19, 2025: actual 1.2, estimate 1.2, surprise 0.00%, Met estimate. Q1 2026, reported Mar 3, 2026: actual 0.67, estimate 0.544, surprise +23.16%, Beat. Q2 2026, reported May 14, 2026: actual -0.11, estimate -0.112, surprise +1.86%, Beat. Q3 2026, reported Aug 19, 2026: actual 1.31, estimate 1.26, surprise +3.97%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate 1.28, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.33B1.8B1.26B730.88MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual 1.35B USD, estimate 1.34B USD, surprise +0.93%, Beat. Q2 2025, reported May 20, 2025: actual 897.06M USD, estimate 841.16M USD, surprise +6.65%, Beat. Q3 2025, reported Aug 19, 2025: actual 1.88B USD, estimate 1.85B USD, surprise +1.88%, Beat. Q4 2025, reported Nov 19, 2025: actual 2B USD, estimate 1.99B USD, surprise +0.28%, Beat. Q1 2026, reported Mar 3, 2026: actual 1.72B USD, estimate 1.62B USD, surprise +6.22%, Beat. Q2 2026, reported May 14, 2026: actual 1.05B USD, estimate 1.01B USD, surprise +4.04%, Beat. Q3 2026, reported Aug 19, 2026: actual 2.19B USD, estimate 2.14B USD, surprise +2.39%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate 2.22B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$106.5

14.78% upside
Past 12 months12-month forecastHigh $121Average $106.5Low $75.00

Rating distribution

15 ratings
Strong buy00%
Buy1280%
Hold213%
Sell17%
Strong sell00%

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