Viking Holdings Ltd

Viking Holdings Ltd

VIK · NYSE · Consumer Cyclical / Travel Services

89.87USD+0.99 (+1.11%)

Price History

Full chart

Market Stats

Previous Close88.88
Open89.36
Day Range87.78 – 90.26
52-Week Range56.37 – 110.09
Volume4.41M
Market Cap38.63B
P/E (TTM)28.36
Forward P/E18.21
EPS3.05
Dividend Yield0.00%
Beta1.47
50-Day Avg84.54
200-Day Avg84.96

About

Viking Holdings Ltd focused on providing passenger cruises in North America, the United Kingdom, and internationally. It operates through the River and Ocean segments. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States for English-speaking passengers. The Ocean segment provides ocean cruises for English-speaking passengers. The company provides expedition cruises for English-speaking passengers, Mississippi River cruises for English-speaking passengers and Viking Asia, which includes cruises in languages other than English provided. As of December 31, 2025, Viking Holdings Ltd operated a fleet of 103 ships, including 89 river vessels comprising 59 Longships, 12 smaller classes based on the Longship design,15 other river vessels, and three river vessel charters, including the Viking Saigon, Viking Mississippi, and the Viking Tonle; 12 ocean ships and 2 expedition ships. The company was formerly known as MISA Investments Limited and changed its name to Viking Holdings Ltd in November 2016. The company was founded in 1997 and is based in Pembroke, Bermuda.

Company Details

  • SectorConsumer Cyclical
  • IndustryTravel Services
  • CEOMs. Leah Talactac
  • Employees13.00K
  • Headquarters94 Pitts Bay Road, Pembroke, Bermuda, HM 08, USA
  • Websitehttps://www.viking.com

Leadership

  • Mr. Torstein HagenFounder & Executive Chairman · b. 1943
  • Ms. Leah TalactacPresident & CEO · b. 1978
  • Ms. Linh BanhChief Financial Officer · b. 1980
  • Mr. Anton HofmannExecutive Vice President of Group Operations · b. 1962
  • Ms. Tyler CarterExecutive Vice President of Technology & Digital
  • Ms. Carola MengoliniVice President of Investor Relations
  • Mr. Richard MarnellExecutive Vice President of Marketing · b. 1966
  • Mr. Milton HughExecutive Vice President of Sales · b. 1969
  • Mr. Jeff DashExecutive VP & Head of Business Development · b. 1970
  • Mr. Karine HagenExecutive VP of Product & Director · b. 1971

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue625.10M3.18B4.71B5.33B6.50B
Growth (%)-+408.07%+48.32%+13.23%+21.89%
Cost of Revenue916.69M2.43B3.11B3.37B3.97B
Gross Profit-291.59M747.10M1.60B1.96B2.53B
Gross Margin-46.65%23.52%34.07%36.73%38.96%
Operating Expense462.16M684.01M789.04M883.89M1.03B
Operating Income-753.75M63.09M815.95M1.08B1.50B
Operating Margin-120.58%1.99%17.32%20.16%23.10%
EBITDA-1.50B1.14B-1.11B811.16M1.82B
EBITDA Margin-240.74%35.96%-23.56%15.21%27.92%
Net Income-2.11B398.56M-1.85B152.33M1.15B
Net Income Margin-337.86%12.55%-39.29%2.86%17.65%
Interest Expense397.93M456.64M479.95M380.49M362.57M
Interest Expense % of Total Revenue63.66%14.38%10.19%7.13%5.58%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.69B7.86B8.50B10.12B12.23B
Total Liabilities11.57B11.35B13.85B10.34B11.11B
Total Equity-3.89B-3.50B-5.35B-222.73M1.09B
Cash1.81B1.25B1.53B2.34B3.80B
Total Debt4.85B5.45B5.55B5.57B5.74B
Net Debt3.03B4.20B4.01B3.23B1.94B

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow701.54M372.67M1.37B2.08B2.33B
Investing Cash Flow-675.53M-841.50M-634.23M-853.71M-1.03B
Financing Cash Flow963.45M-80.93M-479.65M-247.90M8.28M
Capital Expenditure959.39M956.38M676.34M917.42M1.03B
Free Cash Flow-257.85M-583.71M695.00M1.16B1.30B
Dividends Paid51.22M46.46M49.63M18.95M0
FCF to OCF-36.75%-156.63%50.68%55.94%55.93%
Dividend Paid to FCF-19.87%-7.96%7.14%1.63%0.00%

Earnings

Report DateMay 29, 2024Aug 22, 2024Nov 19, 2024Mar 11, 2025May 20, 2025Aug 19, 2025Nov 19, 2025Mar 17, 2026May 14, 2026Aug 19, 2026Nov 18, 2026
EPS Estimate-0.440.660.840.33-0.271.001.200.48-0.111.251.23
EPS Actual-0.740.890.890.45-0.240.991.200.67-0.111.31-
Surprise-68.18%34.85%5.95%36.36%11.11%-1.00%0.00%39.58%0.00%4.80%-
TimingPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap38.63B
Enterprise Value40.52B
Trailing P/E28.36
Forward P/E18.21
Price / Sales5.54
Price / Book23.48
EPS3.05
Book Value3.64
Revenue (TTM)6.97B
Gross Profit (TTM)3.09B
EBITDA1.91B
Profit Margin19.33%
Operating Margin29.40%
Return on Equity139.62%
Return on Assets8.14%
Shares Outstanding318.87M
Shares Float207.17M
Beta1.47
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 23 analystsTarget 109.23
  • Strong Buy
    18
  • Buy
    3
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
101.55%
Insiders
1.02%
Retail / Other
0.00%

Top Institutional Holders

  • Capital Research Global Investors
    25.52M5.71%
  • FMR Inc
    16.99M3.80%
  • Canada Pension Plan Investment Board
    11.24M2.52%
  • Amvescap Plc.
    11.16M2.50%
  • Massachusetts Financial Services Company
    9.69M2.17%
  • AQR Capital Management LLC
    9.29M2.08%
  • Select Equity Group LP
    8.60M1.93%
  • Federated Hermes Inc
    8.24M1.84%
  • Wellington Management Company LLP
    6.16M1.38%
  • BlackRock Inc
    6.00M1.34%
  • T. Rowe Price Investment Management,Inc.
    5.70M1.28%
  • American Century Companies Inc
    4.76M1.07%
  • NORGES BANK
    4.72M1.06%
  • Castle Hook Partners LP
    2.81M0.63%
  • JPMorgan Chase & Co
    2.58M0.58%
  • T. Rowe Price Associates, Inc.
    2.54M0.57%
  • AGF Management Ltd
    2.54M0.57%

Top Fund Holders

  • American Funds AMCAP A
    14.18M3.17%
  • T. Rowe Price Mid-Cap Growth
    3.02M0.68%
  • American Funds IS® Growth-Income 1
    2.77M0.62%