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MARKETS / NYSE / VIK
NYSE · WATER TRANSPORTATION · LARGE CAP

Viking Holdings Ltd. VIK

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$6.5B
▲ 21.9% YoY
$1.1B
▲ 653.3% YoY
In brief

What this company does

All of its products are marketed under a single Viking brand rather than as a conglomerate of different brands. It offers itineraries across five oceans, 21 rivers and five lakes, with a focus primarily on destinations in Europe and the Mediterranean rather than the Caribbean. In 2012, it introduced its Longships, a vessel for the European river cruising market with three full decks, patented asymmetric corridors and a square bow. Viking Ocean launched in 2015 with one ship. Per International Association of Classification Societies standards, its expedition ships are Polar Class 6, and each has a gross register tonnage of 30,150. The Viking Mississippi has capacity for 386 guests.

Written from the business description in Viking Holdings Ltd's annual report to the U.S. Securities and Exchange Commission, filed 3 March 2026. Every sentence was checked against that document before publication.

Growth
USD 6.5B
Revenue, FY2025 · full 4-year series below
Revenue $B Net income $B
FY2025 · Revenue 6.5 · Net income 1.1
2.5B5.0B-0.8B-1.6B2022202320242025
Compound annual growth
+27.0%
+40.4%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 23.1% · Net 17.7%
10%20%-10%-20%-30%2022202320242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Each USD of equity produced 263 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends 0.0 · Net buybacks —
20M40M2022202320242025

Total assetsUSD 12.2B
EquityUSD 1.1B
CashUSD 3.8B
Gross debtUSD 5.7B
Net debtUSD 1.9B
Current ratio0.79×

Net debt stands at 170% of equity.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022
Revenue $B6.55.34.73.2
Operating income $B1.51.10.80.1
EBITDA $B1.81.31.10.3
Income tax $B0.00.00.00.0
Net income $B1.10.2−1.90.4
EPS, diluted $2.570.36−4.42−0.73
Dividend / sh $·0.080.220.21
Payout %012−311
ROE %263.5···
Shares out B·442.72··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 14 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 77 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityWater Transportation
Listed onNYSE
Incorporated inoutside the United States — SEC code D0
Fiscal year endsDecember 31
Data on record since2022

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