Viking Holdings (VIK) Net Margin (2023 - 2026)
Viking Holdings' Net Margin came in at 26.82% for the quarter ended Jun 30, 2026, up 3.47 percentage points from 23.35% a year earlier and up 31.98 percentage points from the prior quarter.
Viking Holdings (VIK) Net Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Viking Holdings reported Net Margin of 19.33%, up 5.25 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 0.03%, up 0.01 percentage points from the prior year.
- Net Margin carries a three-year change of -13.03 percentage points (years ended Dec 2022 to Dec 2025).
- Going back by year, Net Margin was 0.01% in the year ended Dec 31, 2024 (+0.04 pp), -0.02% in the year ended Dec 31, 2023 (-13.08 pp) and 13.06% in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Net Margin in data going back to the quarter ended Mar 31, 2023.
- Year-over-year, Net Margin has increased for eight consecutive quarters, with an average year-over-year change of +25.66 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in the quarter ended Sep 30, 2024 (a gain of 104.81 percentage points), and the weakest in the quarter ended Mar 31, 2024 (a drop of 34.31 percentage points).
- Business Quant data shows VIK's Net Margin at -5.16% (quarter ended Mar 31, 2026), 17.39% (quarter ended Dec 31, 2025) and 25.71% (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) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 10.83% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 14.43% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 23.34% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 26.82% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 8.06% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -15.64% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 6.01% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 24.00% |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 15.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.82% |
| Mar 31, 2026 | -5.16% |
| Dec 31, 2025 | 17.39% |
| Sep 30, 2025 | 25.71% |
| Jun 30, 2025 | 23.35% |
| Mar 31, 2025 | -11.76% |
| Dec 31, 2024 | 7.68% |
| Sep 30, 2024 | 22.64% |
| Jun 30, 2024 | 10.06% |
| Mar 31, 2024 | -68.37% |
| Dec 31, 2023 | -0.04% |
| Sep 30, 2023 | -82.17% |
| Jun 30, 2023 | 13.06% |
| Mar 31, 2023 | -34.06% |
Viking Holdings Net 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=net-margin&ticker=VIK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=VIK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();