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
DateValue
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%