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| Date | Value |
|---|---|
| Dec 31, 2025 | 1.47 Bn |
| Dec 31, 2024 | 247.04 Mn |
| Sep 30, 2024 | 465,227.00 |
| Dec 31, 2023 | -5.27 Bn |