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VIK (Viking Holdings) Degree of Operating Leverage : -10.42 (As of Mar. 2025)


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What is Viking Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Viking Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -10.42. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Viking Holdings's Degree of Operating Leverage or its related term are showing as below:

VIK's Degree of Operating Leverage is ranked better than
89.23% of 808 companies
in the Travel & Leisure industry
Industry Median: 1.25 vs VIK: -10.42

Viking Holdings Degree of Operating Leverage Historical Data

The historical data trend for Viking Holdings's Degree of Operating Leverage 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.

* Premium members only.

Viking Holdings Degree of Operating Leverage Chart

Viking Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
- -0.37 -5.36 -10.58

Viking Holdings Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.77 -5.97 -4.80 -10.58 -10.42

Competitive Comparison of Viking Holdings's Degree of Operating Leverage

For the Travel Services subindustry, Viking Holdings's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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's Degree of Operating Leverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Viking Holdings's Degree of Operating Leverage falls into.


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Viking Holdings Degree of Operating Leverage Calculation

Viking Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 905.919 (Mar. 2025) / -1653.951 (Mar. 2024) - 1 )/( 5512.783 (Mar. 2025) / 4799.654 (Mar. 2024) - 1 )
=-1.5477/0.1486
=-10.42***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Viking Holdings  (NYSE:VIK) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Viking Holdings Degree of Operating Leverage Related Terms

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Viking Holdings Business Description

Traded in Other Exchanges
N/A
Address
94 Pitts Bay Road, Pembroke, BMU, HM 08
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.