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) Return on invested capital

Alert me on Return on invested capital

Viking Holdings Ltd.'s return on invested capital over the twelve months to 30 June 2026 was 26.5%, down 4.5 percentage points from fiscal 2025 (31.0%). That is above the Travel Services industry median of 5.65% and above the Consumer Cyclical sector median of 3.42%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 31.0% 7.25
FY2024 23.7% 23.70
FY2023 0.00% (5.89)
FY2022 5.89% —

Return on invested capital against peers

Company Return on invested capital
EXPE Expedia Group, Inc. compare 138.1%
VIK Viking Holdings Ltd. 26.5%
MMYT MakeMyTrip Limited compare 17.6%
RCL Royal Caribbean Cruises Ltd. compare 9.86%
CCL Carnival Corporation compare 7.47%
TCOM Trip.com Group Limited Sponsored ADR compare 6.10%
NCLH Norwegian Cruise Line Holdings Ltd. compare 4.89%
ABNB Airbnb, Inc. compare 0.00%
BKNG Booking Holdings Inc. compare 0.00%
Travel Services industry median 5.65%
Consumer Cyclical sector median 3.42%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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