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Viking HoldingsVIK +0.69%19 Debt-to-Equity is 5.61 as of Mar. 2026. GuruFocus rates VIK with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 723 Travel & Leisure companies, Viking Holdings ranks worse than 95.44% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Viking Holdings's Debt-to-Equity or its related term are showing as below:
VIK'
s Debt-to-Equity Range Over the Past 10 Years
Min: -25.02 Med: -1.17 Max: 20.57
Current: 5.61
During the past 5 years, the highest Debt-to-Equity Ratio of Viking Holdings was 20.57. The lowest was -25.02. And the median was -1.17.
VIK's Debt-to-Equity is ranked worse than 95.44% of 723
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs VIK: 5.61
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Viking Holdings Debt-to-Equity Related Terms
Viking Holdings Debt-to-Equity Historical Data
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The historical data trend for Viking Holdings's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Travel Services subindustry, Viking Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Viking Holdings Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Viking Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Viking Holdings (VIK) has a Debt-to-Equity of 5.61 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Viking Holdings and its competitors. According to the industry distribution chart, Viking Holdings ranks #690 out of 723 companies in the Travel & Leisure industry, placing it in the top 95.4%.
Is Viking Holdings' Debt-to-Equity too high?
Viking Holdings' current Debt-to-Equity is 5.61. The Travel & Leisure industry median Debt-to-Equity is 0.43. Viking Holdings' value of 5.61 is 1204.7% above this industry median. Based on the distribution chart, Viking Holdings ranks #690 out of 723 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Viking Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Viking Holdings' Debt-to-Equity compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #690 out of 723 companies for Debt-to-Equity. This places Viking Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Viking Holdings' value of 5.61 is 1204.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 723 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viking Holdings's current Debt-to-Equity of 5.61 is 1204.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Viking Holdings and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current Debt-to-Equity is 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Holdings stock overvalued right now?
Viking Holdings (VIK) has a current Debt-to-Equity of 5.61. The current Debt-to-Equity is 5.61 and 1204.7% above the Travel & Leisure industry median of 0.43. Viking Holdings' overall GF Score™ is 19/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Viking Holdings (VIK), the current Debt-to-Equity is 5.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Viking Holdings Ltd is a travel company, with a fleet of 92 small ships, which view as floating hotels. It offers travel experiences on all seven continents in all three categories of the cruise industry river, ocean, and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment offers ocean cruises to English-speaking passengers. Other include operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers (Expedition), Mississippi River cruises for English-speaking passengers, and Viking China, which includes cruises for Mandarin.
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