Viking Holdings (VIK) Debt Ratio (2023 - 2025)

Viking Holdings' (VIK) quarterly Debt Ratio came in at 0.45 in Q4 2025, down 14.69% year-on-year from 0.53 in Q4 2024, and up 155.08% on a QoQ basis from 0.18 in Q3 2025.

Viking Holdings (VIK) Debt Ratio (2023 - 2025) Analysis & Trends

Viking Holdings (VIK) has 3 years of Debt Ratio data on file, last reported at 0.45 in Q4 2025.

  • On a quarterly basis, Debt Ratio fell 14.69% year-over-year to 0.45 in Q4 2025; TTM through Dec 2025 was 0.45, a 14.69% decrease from a year earlier, with the FY2025 full-year figure at 0.45, down 14.69% from the prior year.
  • Debt Ratio for Q4 2025 stood at 0.45, up from 0.18 in the prior quarter.
  • Over the last five years, Debt Ratio for VIK reached as high as 0.53 in Q4 2024 and fell as low as 0.0 in Q3 2024.
  • Historically, Debt Ratio has averaged 0.25 across 3 years, with a median of 0.21 in 2025.
  • On a YoY basis, Debt Ratio climbed as much as 32428.41% in 2025 and fell as far as 19.04% in 2025.
  • Year by year, Debt Ratio stood at 0.26 in 2023, then soared by 99.17% to 0.53 in 2024, then declined by 14.69% to 0.45 in 2025.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.45 in Q4 2025, 0.18 in Q3 2025, and 0.18 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.66
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 0.50
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.09
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.06
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.45
6 Carnival 34.61 Bn 32.38 Bn - 0.48
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.17
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.64
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.30

Historic Data

Download Data
DateValue
Dec 31, 2025 0.45
Sep 30, 2025 0.18
Jun 30, 2025 0.18
Mar 31, 2025 0.19
Dec 31, 2024 0.53
Sep 30, 2024 0.00
Jun 30, 2024 0.23
Dec 31, 2023 0.26