Viking Holdings (VIK) EBITDA Margin (2023 - 2026)
Viking Holdings (VIK) recorded EBITDA Margin of 33.23% in the quarter ended Jun 30, 2026, up 0.74 percentage points from 32.49% a year earlier and up 24.93 percentage points from the prior quarter.
Viking Holdings (VIK) EBITDA Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Viking Holdings' EBITDA Margin came in at 27.71% as of Jun 30, 2026, up 1.47 percentage points year-over-year; for the year ended Dec 31, 2025, it was 27.48%, up 2.43 percentage points from the prior year.
- Annual EBITDA Margin has increased for three straight years, with a three-year change of +16.75 percentage points (years ended Dec 2022 to Dec 2025).
- Across earlier years, EBITDA Margin came in at 25.05% in the year ended Dec 31, 2024 (+2.34 pp), 22.71% in the year ended Dec 31, 2023 (+11.98 pp) and 10.73% in the year ended Dec 31, 2022.
- Quarterly EBITDA Margin has ranged from -8.45% in the quarter ended Mar 31, 2023 to 33.73% in the quarter ended Sep 30, 2025 over the past five years.
- On a year-over-year basis, EBITDA Margin has increased for ten consecutive quarters, with an average year-over-year change of +2.43 percentage points over the last eight quarters.
- Across the past five years, year-over-year gain in EBITDA Margin ran from 0.74 percentage points in the quarter ended Jun 30, 2026 to 7.67 percentage points in the quarter ended Mar 31, 2024.
- Per Business Quant, the preceding three quarters came in at 8.30% (quarter ended Mar 31, 2026), 25.60% (quarter ended Dec 31, 2025) and 33.73% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.41 Bn | 107.68 Bn | 1.54 Bn | 20.56% |
| 2 | Royal Caribbean Cruises | 90.23 Bn | 87.16 Bn | 2.88 Bn | 42.26% |
| 3 | Hilton Worldwide Holdings | 83.56 Bn | 80.30 Bn | 3.05 Bn | 29.38% |
| 4 | Carnival | 41.76 Bn | 34.95 Bn | - | 35.58% |
| 5 | Viking Holdings | 38.86 Bn | 23.99 Bn | 996.62 Mn | 33.61% |
| 6 | Trip.com | 28.88 Bn | -16.15 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.81 Bn | 23.78 Bn | - | - |
| 8 | Hyatt Hotels | 17.41 Bn | 14.83 Bn | 384.00 Mn | -62.25% |
| 9 | H World | 15.43 Bn | 6.84 Bn | 456.00 Mn | 35.52% |
| 10 | U-Haul Holding | 10.98 Bn | 6.62 Bn | 1.75 Bn | 33.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.61% |
| Mar 31, 2026 | 9.03% |
| Dec 31, 2025 | 26.14% |
| Sep 30, 2025 | 34.15% |
| Jun 30, 2025 | 32.86% |
| Mar 31, 2025 | 7.42% |
| Dec 31, 2024 | 23.10% |
| Sep 30, 2024 | 33.15% |
| Jun 30, 2024 | 31.24% |
| Mar 31, 2024 | 0.49% |
| Dec 31, 2023 | 20.71% |
| Sep 30, 2023 | 32.16% |
| Jun 30, 2023 | 30.05% |
| Mar 31, 2023 | -6.98% |
Viking Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VIK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "VIK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VIK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();