Viking Holdings (VIK) Invested Capital (2023 - 2025)

Viking Holdings (VIK) reported Invested Capital of $1.5 billion for Q4 2025, up 494.4% year-over-year from $247.0 million in Q4 2024, and up 494.4% quarter-over-quarter from $247.0 million in Q4 2024.

Viking Holdings (VIK) Invested Capital (2023 - 2025) Analysis & Trends

Viking Holdings (VIK) has 3 years of Invested Capital data on file, last reported at $1.5 billion in Q4 2025.

  • Invested Capital for Q4 2025 came in at $1.5 billion, up 494.4% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.5 billion (up 494.4% YoY), and the FY2025 annual result was $1.5 billion, up 494.4% from the prior year.
  • Invested Capital climbed to $1.5 billion in Q4 2025 per VIK's latest filing, from $247.0 million in the prior quarter.
  • Over five years, Invested Capital peaked at $1.5 billion in Q4 2025 and troughed at -$5.3 billion in Q4 2023.
  • A 3-year average of -$888.4 million and a median of $123.8 million in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2024 and 2025: Invested Capital jumped 104.69% in 2024, then jumped 494.4% in 2025.
  • A 3-year view of Invested Capital shows it stood at -$5.3 billion in 2023, then jumped by 104.69% to $247.0 million in 2024, then jumped by 494.4% to $1.5 billion in 2025.
  • Business Quant data shows VIK's Invested Capital at $1.5 billion in Q4 2025, $247.0 million in Q4 2024, and $465227.0 in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 8.18 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 10.11 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 9.82 Bn
4 Carnival 37.80 Bn 36.39 Bn - 39.05 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 6.31 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 18.04 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 3.13 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 2.63 Bn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 24.09 Bn
10 Viking Holdings 405.54 Mn -3.40 Bn 713.43 Mn 1.47 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.47 Bn
Dec 31, 2024 247.04 Mn
Sep 30, 2024 465,227.00
Dec 31, 2023 -5.27 Bn