Viking Holdings (VIK) Debt to Equity (2023 - 2025)
Viking Holdings (VIK) reported Debt to Equity of $5.03 for Q4 2025, up 121.0% year-over-year from $2.28 in Q4 2024, and up 121.0% quarter-over-quarter from -$23.96 in Q4 2024.
Viking Holdings (VIK) Debt to Equity (2023 - 2025) Analysis & Trends
Viking Holdings (VIK) has 3 years of Debt to Equity data on file, last reported at $5.03 in Q4 2025.
- Debt to Equity for Q4 2025 came in at $5.03, up 121.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $5.03 (up 121.0% YoY), and the FY2025 annual result was $5.03, up 121.0% from the prior year.
- Debt to Equity improved to $5.03 in Q4 2025 per VIK's latest filing, from -$23.96 in the prior quarter.
- Over five years, Debt to Equity peaked at $5.03 in Q4 2025 and troughed at -$23.96 in Q4 2024.
- A 3-year average of -$6.42 and a median of -$0.33 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity plunged 7083.52% in 2024, then soared 121.0% in 2025.
- A 3-year view of Debt to Equity shows it stood at -$0.33 in 2023, then sank by 7083.52% to -$23.96 in 2024, then soared by 121.0% to $5.03 in 2025.
- Business Quant data shows VIK's Debt to Equity at $5.03 in Q4 2025, -$23.96 in Q4 2024, and -$0.33 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -2.11 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.32 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 2.01 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 1.94 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 2.43 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 6.23 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.94 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.18 |
| 10 | Viking Holdings | 405.54 Mn | -3.40 Bn | 713.43 Mn | 5.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.03 |
| Dec 31, 2024 | -23.96 |
| Dec 31, 2023 | -0.33 |