Viking Holdings (VIK) FCF Margin (2023 - 2026)
Viking Holdings' (VIK) quarterly FCF Margin came in at 51.36% in Q2 2026, down 920.0% year-over-year from 6.26% in Q2 2025, and down 57.49% quarter-over-quarter from 120.82% in Q1 2026.
Analysis
Viking Holdings (VIK) FCF Margin (2023 - 2026) Analysis & Trends
Viking Holdings (VIK) has reported FCF Margin for 4 consecutive years, with 51.36% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 920.0% year-over-year to 51.36% in Q2 2026; TTM through Jun 2026 was 59.01%, a 536.0% decrease from a year earlier, with the FY2025 full-year figure at 55.18%, down 106.0% from the prior year.
- FCF Margin was 51.36% for Q2 2026 at Viking Holdings, down from 120.82% in the prior quarter.
- Over five years, FCF Margin peaked at 120.82% in Q1 2026 and troughed at 17.8% in Q4 2023.
- A 4-year average of 58.71% and a median of 56.98% in 2025 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 5043 bps in 2024, down 3118 bps in 2024.
- Over 4 years, FCF Margin stood at 17.8% in 2023, then soared by 283 bps to 68.23% in 2024, then decreased by 15 bps to 57.75% in 2025, then decreased by 11 bps to 51.36% in 2026.
- The last three FCF Margin figures came in at 51.36% (Q2 2026), 120.82% (Q1 2026), and 57.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | -18.15% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 51.36% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 26.34% |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 5.49% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 25.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.36% |
| Mar 31, 2026 | 120.82% |
| Dec 31, 2025 | 57.75% |
| Sep 30, 2025 | 35.93% |
| Jun 30, 2025 | 60.56% |
| Mar 31, 2025 | 81.84% |
| Dec 31, 2024 | 68.23% |
| Sep 30, 2024 | 56.22% |
| Jun 30, 2024 | 36.30% |
| Mar 31, 2024 | 77.76% |
| Dec 31, 2023 | 17.80% |
| Sep 30, 2023 | 34.06% |
| Jun 30, 2023 | 67.49% |
| Mar 31, 2023 | 55.78% |