Viking Holdings Ltd

Viking Holdings Ltd

VIK
Viking Holdings LtdUS flagNew York Stock Exchange
88.64
USD
-0.89
- -
39.38BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.45
7.36
10.92
14.65
14.66
14.99
Basic EPS, GAAP
-4.9
0.96
-4.29
0.42
2.59
2.7
Free Cash Flow per Basic Share
-0.6
-1.35
1.61
3.2
3.46
2.93
Dividend per Share
0.12
0.11
0.11
0.05
- -
- -
Book Value per Share
-9.15
-8.33
-12.56
-14.52
-9.38
- -
Tangible Book Value per Share
-9.19
-8.25
-12.36
-0.77
2.33
2.4
Basic Weighted Avg Shares
431
431
431
364
443
444
Sales/Revenue/Turnover
625
3,176
4,710
5,334
6,501
6,658
Operating Margin (%)
-120.08
1.98
17.32
20.16
23.1
22.87
Depreciation Expense
204
278
254
261
285
291
Net Income, GAAP
-2,112
415
-1,851
152
1,148
1,199
Effective Tax Rate (%)
- -
2.1
- -
9.93
1.68
1.77
Profit Margin (%)
-337.86
13.06
-39.29
2.86
17.65
18
Working Capital
-1,132
-1,936
-2,011
-2,004
-1,214
-1,425
LT Debt
4,625
5,177
5,271
5,074
5,340
5,624
Total Equity
-3,885
-3,493
-5,269
-219
1,121
1,067
Return on Invested Capital (%)
- -
4.17
- -
34.1
24.02
24.54
Return on Capital (%)
- -
60.9
- -
231.69
156.01
50.96
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,086
401
205
LT Borrowings
4,342
5,127
5,418
LT Finance Leases
219
212
206
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
444
446
446
Market Capitalization
27,441
31,670
32,643

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,854
4,503
5,010
Cash, Cash Equivalents & STI
2,878
3,648
4,047
Accounts Receivable, Net
68
82
155
Inventories
99
96
118
Total Current Liabilities
6,112
5,717
6,435
Payables & Accruals
650
656
810
ST Debt
1,086
401
205
Deferred Revenue
4,320
4,605
5,420

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-612.08%
Free Cash Flow
- -
- -
31.67%
Net Income, GAAP
- -
- -
653.34%
Sales/Revenue/Turnover
- -
- -
21.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
718
1,587
1,679
1,350
5,334
2025
897
1,880
2,000
1,724
6,501
2026
1,054
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.14
0.44
0.88
0.27
0.42
2025
-0.24
0.99
1.16
0.67
2.59
2026
-0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
- -
- -
0.05
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Torstein Hagen
Full Time Employees
12,000
Sector
Consumer Cyclical
Industry
Travel Services
Address
94 Pitts Bay Road Pembroke Bermuda HM 08
IPO Date
Jun 14, 2010
Website
viking.com
Business
Viking Holdings Ltd operates as a global experiential travel company, offering destination-focused river, ocean, and expedition cruises to culturally immersive destinations on all seven continents. The company provides river cruises across Europe on the Rhine, Main, and Danube rivers via longships accommodating 190 passengers each, such as Viking Gymir, Viking Fjorgyn, and Viking Radgrid; ocean cruises primarily in Europe, the Mediterranean, Scandinavia, British Isles, and Asia with ships like Viking Neptune, Viking Polaris, and Viking Octantis accommodating 930 or 998 passengers; and expedition cruises to Antarctica, the Arctic, and other remote regions with vessels accommodating 378 passengers. Additional offerings include cruises on the Mississippi River, Nile River, Mekong River, Great Lakes, and specialized itineraries in China for Mandarin-speaking passengers, supported by a fleet exceeding 100 ships including recent additions like Viking Honir, Viking Thoth, Viking Tonle, and Viking Vesta. Viking Holdings Ltd, founded in 1997 and headquartered in Woodland Hills, California, with operational offices in Bermuda, serves primarily English-speaking passengers from North America, the United Kingdom, and international markets, emphasizing small ships designed as floating hotels with in-house nautical, hotel, and land operations. Recent developments include completing its initial public offering in May 2024, raising approximately $1.54 billion through the sale of 64 million ordinary shares on the New York Stock Exchange under the ticker VIK, followed by a secondary equity offering by selling shareholders valued at $1.343 billion; achieving a fleet milestone of 100 ships with the naming of nine new river vessels in October 2025 across six countries; and deliveries of new ships such as Viking Vesta in June 2025, Viking Tonle for the Mekong to double capacity there, and commitments for up to 23 additional river ships by 2028 and 10 ocean ships by 2031, including agreements with Fincantieri for larger vessels and expansions into Egypt, India, and other regions.

Company News

APIChat
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