Viking Holdings Ltd.

VIK Consumer Cyclical Travel Services

Viking Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $6.5 billion, up 21.9% from fiscal 2024.

Revenue
+16.5%
EPS
+33.3%
Free cash flow
−75.6%
Total debt
+9.47%

Quarter to June 2026, against a year earlier

86.53 4.64 −5.09%
Market cap
$38.5B
P/E
28.6×
Fwd P/E
27.2×
Dividend yield
—
F-score
8/9
Altman Z
2.05
Beneish M
−3.32
Dividend safety
n/a

Viking Holdings Ltd. (VIK) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Viking Holdings Ltd. (VIK) trades at a price to free cash flow of 33.5×. Over the past ten years it has ranged from 6.0× (May 2024) to 48.7× (December 2025); the current reading is higher than 75% of that period. That is above the Travel Services industry median of 13.1× and above the Consumer Cyclical sector median of 12.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 20.7× 49.96%
FY2024 13.8× 129.58%
FY2023 6.0× 0.00%
FY2022 6.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 40.5× 61.06%
Mar 2026 25.1× 21.74%
Dec 2025 20.7× (49.53%)
Sep 2025 40.9× 34.76%
10 more quarters

Against its own ten years

Low 6.0× High 48.7×
Ten-year median 20.9×
Current reading's percentile 75

Price to free cash flow against peers

Company Price to free cash flow
NCLH Norwegian Cruise Line Holdings Ltd. compare n/m
TCOM Trip.com Group Limited Sponsored ADR compare 3.5×
EXPE Expedia Group, Inc. compare 8.8×
CCL Carnival Corporation compare 12.6×
BKNG Booking Holdings Inc. compare 13.6×
ABNB Airbnb, Inc. compare 20.3×
VIK Viking Holdings Ltd. 33.5×
MMYT MakeMyTrip Limited compare 42.9×
RCL Royal Caribbean Cruises Ltd. compare 57.0×
Travel Services industry median 13.1×
Consumer Cyclical sector median 12.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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