Viking Holdings (VIK) EBT Margin (2023 - 2025)
Viking Holdings (VIK) reported EBT Margin of 17.7% for Q4 2025, up 977.0% year-over-year from 1.64% in Q4 2024, and down 32.04% quarter-over-quarter 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.
- EBT Margin for Q4 2025 came in at 17.7%, up 977.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 17.96% (up 1478.0% YoY), and the FY2025 annual result was 17.96%, up 1478.0% from the prior year.
- EBT Margin slipped to 17.7% in Q4 2025 per VIK's latest filing, from 26.05% in the prior quarter.
- Over five years, EBT Margin peaked at 26.05% in Q3 2025 and troughed at 82.3% in Q3 2023.
- A 3-year average of 10.52% and a median of 9.23% in 2024 frame the typical range for EBT Margin.
- On a YoY basis, EBT Margin climbed as much as 10521 bps in 2024 and fell as far as 3448 bps in 2024.
- A 3-year view of EBT Margin shows it 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.
- Business Quant data shows VIK's EBT Margin at 17.7% in Q4 2025, 26.05% in Q3 2025, and 23.6% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 25.29% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 10.49% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 21.92% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 4.54% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.73% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 4.62% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 1.31% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 11.24% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 17.22% |
| 10 | Viking Holdings | 405.54 Mn | -3.40 Bn | 713.43 Mn | 17.70% |
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% |