Viking Holdings (VIK) FCF Margin (2023 - 2026)
Viking Holdings' FCF Margin came in at 51.36% for the quarter ended Jun 30, 2026, down 9.20 percentage points from 60.56% a year earlier and down 69.46 percentage points from the prior quarter.
Viking Holdings (VIK) FCF Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Viking Holdings reported FCF Margin of 59.01%, down 5.36 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 55.18%, down 1.06 percentage points from the prior year.
- FCF Margin carries a three-year change of +13.37 percentage points (years ended Dec 2022 to Dec 2025).
- Going back by year, FCF Margin was 56.23% in the year ended Dec 31, 2024 (+12.81 pp), 43.42% in the year ended Dec 31, 2023 (+1.62 pp) and 41.80% in the year ended Dec 31, 2022.
- The five-year range for quarterly FCF Margin is 17.80% (the quarter ended Dec 31, 2023) to 120.82% (the quarter ended Mar 31, 2026).
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +12.49 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in the quarter ended Dec 31, 2024 (a gain of 50.43 percentage points), and the weakest in the quarter ended Jun 30, 2024 (a drop of 31.18 percentage points).
- Business Quant data shows VIK's FCF Margin at 120.82% (quarter ended Mar 31, 2026), 57.75% (quarter ended Dec 31, 2025) and 35.93% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 11.26% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 13.77% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | -18.15% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 51.36% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 26.34% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 1.53% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 50.00% |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 24.03% |
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% |
Viking Holdings FCF 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=fcf-margin&ticker=VIK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=VIK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();