Viking Holdings (VIK) EBT Margin (2023 - 2025)
Viking Holdings' (VIK) quarterly EBT Margin came in at 17.7% in Q4 2025, up 977.0% year-on-year from 1.64% in Q4 2024, and down 32.04% on a QoQ basis from 26.05% in Q3 2025.
Viking Holdings (VIK) EBT Margin (2023 - 2025) Analysis & Trends
Viking Holdings (VIK) has 3 years of EBT Margin data on file, last reported at 17.7% in Q4 2025.
- On a quarterly basis, EBT Margin rose 977.0% year-over-year to 17.7% in Q4 2025; TTM through Dec 2025 was 17.96%, a 1478.0% increase from a year earlier, with the FY2025 full-year figure at 17.96%, up 1478.0% from the prior year.
- EBT Margin for Q4 2025 stood at 17.7%, down from 26.05% in the prior quarter.
- Over the last five years, EBT Margin for VIK reached as high as 26.05% in Q3 2025 and fell as low as 82.3% in Q3 2023.
- Historically, EBT Margin has averaged 10.52% across 3 years, with a median of 9.23% in 2024.
- On a YoY basis, EBT Margin climbed as much as 10521 bps in 2024 and fell as far as 3448 bps in 2024.
- Year by year, EBT Margin stood at 52.68% in 2023, then surged by 115 bps to 7.93% in 2024, then surged by 123 bps to 17.7% in 2025.
- Per Business Quant data, the three most recent EBT Margin figures were 17.7% in Q4 2025, 26.05% in Q3 2025, and 23.6% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 25.29% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 21.92% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 10.49% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -9.64% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 17.70% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 8.33% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 0.73% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 4.62% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 12.11% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 1.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.70% |
| Sep 30, 2025 | 26.05% |
| Jun 30, 2025 | 23.60% |
| Mar 31, 2025 | -11.40% |
| Dec 31, 2024 | 7.93% |
| Sep 30, 2024 | 22.91% |
| Jun 30, 2024 | 10.54% |
| Mar 31, 2024 | -68.10% |
| Dec 31, 2023 | -52.68% |
| Sep 30, 2023 | -82.30% |
| Jun 30, 2023 | 13.20% |
| Mar 31, 2023 | -33.62% |