VIK Consumer CyclicalBeta data

Viking Holdings Ltd

$85.84-1.40%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Consumer Cyclical
Industry: Travel Services
Country: Bermuda
Market cap: 38.3B USD
Enterprise value: 40.6B USD
Full-time employees: 13,000

Overall health

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.41 vs a peer median of 0.63), less short-term liquidity (current ratio 0.81 vs a peer median of 1.48) and more debt relative to equity (3.75× vs a peer median of 0.46×)higher risk: bigger price swings (beta 1.41 vs peers 0.63), less liquidity (current ratio 0.81 vs peers 1.48) and more debt vs equity (3.75× vs peers 0.46×)

Ranks #578 of 1,502 consumer cyclical companies (top 39%)

See how it ranks against its peers

Worth knowing

Much more borrowing than peers. Debt is 3.7× equity vs a peer median of 0.5×.Debt is 3.7× equity vs peers 0.5×.
Debt is 3.7× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 3.7× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.
Operating margin at a 4-year high. 23% in 2025, the best of the last 4 years.
Viking kept 23% of revenue as operating profit in 2025, its highest in the 4 years of filings we have.
Profit recovered from an unusually weak 2022. Since 2022 (an unusually weak year for operating profit): revenue +105%, operating profit +2293%.Since 2022: revenue +105%, operating profit +2293%.
Since 2022, Viking's revenue grew 105% while operating profit grew 2293%: each extra dollar of sales is adding more profit.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

StockQuotient Score

57/ 100

Oct 5 57 → Nov 4 57

Fundamentals: Yahoo Finance, not primary filings

Valuation

Is the price right?

28/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield3.5%

Yahoo Finance · trailing 12 monthsReported value30% base weight · Z-score -0.27Sector median: 0.0439 · MAD: 0.0329

EBITDA yield4.7%

Yahoo Finance · trailing 12 monthsReported value50% base weight · Z-score -0.88Sector median: 0.0877 · MAD: 0.0461

Free cash flow yield3.0%

Yahoo Finance · trailing 12 months · operating cash flow − capital spendingReported value20% base weight · Z-score -0.57Sector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield4.2%

Yahoo FinanceReported valueInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

99/100

Strong

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 6.1%

Why

Stronger than most peers on:

▲ EPS growth
▲ 3-yr revenue
▲ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth613.9%

Yahoo Finance · fiscal year to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 6.88Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth27.0%

SEC filings (IFRS mapped) · 3 years to Dec 2025Reported value33% base weight · Z-score 3.57Sector median: 0.0425 · MAD: 0.0636

Revenue growth21.9%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 2.78Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

97/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ Operating margin
▲ ROIC
▲ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin23.1%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 3.62Sector median: 0.0638 · MAD: 0.0461

Return on assets9.4%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 2.39Sector median: 0.0331 · MAD: 0.0254

Return on invested capital40.1%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 5.47Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin44.3%

Yahoo Finance · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity139.6%

Yahoo Finance · trailing 12 monthsOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: Changed: worth a look

Debt up 141%

Why

Weaker than most peers on:

▼ Debt / equity
▼ Beta
▼ Current ratio

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.41

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.60Sector median: 0.6345 · MAD: 0.2980

Current ratio0.81×

Yahoo FinanceReported value33% base weight · Z-score -1.21Sector median: 1.4800 · MAD: 0.5570

Debt / equity3.75×

Yahoo FinanceOutlier capped at sector 5th/95th percentile33% base weight · Z-score -9.02Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Viking

Is Viking getting weaker?: Its latest SEC filing (Mar 3, 2026) showed no major changes: debt up 141%. Its overall score is unchanged at 57/100 since Oct 28, 2026.
How is Viking valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 28/100 against 1,612 consumer cyclical peers. EBITDA yield 4.7% vs a peer median of 8.8% (weaker than 73% of peers).EBITDA yield 4.7% vs peers 8.8% (weaker than 73% of peers).
Is Viking growing?: Yes, faster than most of its peers. Growth scores 99/100 against 1,612 consumer cyclical peers. Earnings per share growth 613.9% vs a peer median of 4.2% (stronger than 95% of peers).Earnings per share growth 613.9% vs peers 4.2% (stronger than 95% of peers).
How profitable is Viking?: More profitable than most of its peers. Profitability scores 97/100 against 1,612 consumer cyclical peers. Operating margin 23.1% vs a peer median of 6.4% (stronger than 95% of peers).Operating margin 23.1% vs peers 6.4% (stronger than 95% of peers).
How risky is Viking?: Higher risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Debt / equity 3.75× vs a peer median of 0.46× (weaker than 100% of peers).Debt / equity 3.75× vs peers 0.46× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Dec 31, 2025 · filed Mar 3, 2026 · compared with the quarter ended Sep 30, 2025

No major changes

Debt up 141%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	6.1B USD	6.5B USD	+6.1%
Net income (12 months)	951.3M USD	1.1B USD	+20.6%
Operating margin	22.4%	23.1%	+0.7 pts
Debt	2.3B USD	5.7B USD	+141.1%
Cash	3.0B USD	3.8B USD	+25.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	32.2%	39.5%	41.6%	43.3%	▲ 1.7 pts
Operating margin	2.0%	17.3%	20.2%	23.1%	▲ 2.9 pts
Net margin	13.1%	-39.3%	2.9%	17.7%	▲ 15 pts
Return on assets (ROA)	—	-21.6%	1.5%	9.4%	▲ 7.9 pts
Return on equity (ROE)	—	—	—	104.9%	—
Current ratio	—	0.54×	0.62×	0.79×	▲ 28%
Quick ratio	—	0.53×	0.60×	0.77×	▲ 29%
Debt to equity	—	—	—	5.18×	—
Interest coverage	0.14×	1.55×	2.83×	4.14×	▲ 47%

VIK price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Sanrio Company, Ltd.8136.T96/ 100

Track & Field Co S.A.TFCO4.SA92/ 100

Pop Mart International Group Limited9992.HK91/ 100

Bringing the fundamentals into focus…

Overall health

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.41 vs a peer median of 0.63), less short-term liquidity (current ratio 0.81 vs a peer median of 1.48) and more debt relative to equity (3.75× vs a peer median of 0.46×)higher risk: bigger price swings (beta 1.41 vs peers 0.63), less liquidity (current ratio 0.81 vs peers 1.48) and more debt vs equity (3.75× vs peers 0.46×)

Ranks #578 of 1,502 consumer cyclical companies (top 39%)

See how it ranks against its peers

Worth knowing

Much more borrowing than peers. Debt is 3.7× equity vs a peer median of 0.5×.Debt is 3.7× equity vs peers 0.5×.

Debt is 3.7× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 3.7× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.

Operating margin at a 4-year high. 23% in 2025, the best of the last 4 years.

Viking kept 23% of revenue as operating profit in 2025, its highest in the 4 years of filings we have.

Profit recovered from an unusually weak 2022. Since 2022 (an unusually weak year for operating profit): revenue +105%, operating profit +2293%.Since 2022: revenue +105%, operating profit +2293%.

Since 2022, Viking's revenue grew 105% while operating profit grew 2293%: each extra dollar of sales is adding more profit.

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

Questions investors ask about Viking

Is Viking getting weaker?

Its latest SEC filing (Mar 3, 2026) showed no major changes: debt up 141%. Its overall score is unchanged at 57/100 since Oct 28, 2026.

How is Viking valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 28/100 against 1,612 consumer cyclical peers. EBITDA yield 4.7% vs a peer median of 8.8% (weaker than 73% of peers).EBITDA yield 4.7% vs peers 8.8% (weaker than 73% of peers).

Is Viking growing?

Yes, faster than most of its peers. Growth scores 99/100 against 1,612 consumer cyclical peers. Earnings per share growth 613.9% vs a peer median of 4.2% (stronger than 95% of peers).Earnings per share growth 613.9% vs peers 4.2% (stronger than 95% of peers).

How profitable is Viking?

More profitable than most of its peers. Profitability scores 97/100 against 1,612 consumer cyclical peers. Operating margin 23.1% vs a peer median of 6.4% (stronger than 95% of peers).Operating margin 23.1% vs peers 6.4% (stronger than 95% of peers).

How risky is Viking?

Higher risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Debt / equity 3.75× vs a peer median of 0.46× (weaker than 100% of peers).Debt / equity 3.75× vs peers 0.46× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

6.1B USD

6.5B USD

+6.1%

Net income (12 months)

951.3M USD

1.1B USD

+20.6%

Operating margin

22.4%

23.1%

+0.7 pts

Debt

2.3B USD

5.7B USD

+141.1%

Cash

3.0B USD

3.8B USD

+25.2%

Key ratios

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

32.2%

39.5%

41.6%

43.3%

▲ 1.7 pts

Operating margin

2.0%

17.3%

20.2%

23.1%

▲ 2.9 pts

Net margin

13.1%

-39.3%

2.9%

17.7%

▲ 15 pts

Return on assets (ROA)

—

-21.6%

1.5%

9.4%

▲ 7.9 pts

Return on equity (ROE)

—

104.9%

—

Current ratio

—

0.54×

0.62×

0.79×

▲ 28%

Quick ratio

—

0.53×

0.60×

0.77×

▲ 29%

Debt to equity

—

5.18×

—

Interest coverage

0.14×

1.55×

2.83×

4.14×

▲ 47%