Viking Holdings (FRA:ZG8) FCF Margin %: 20.05% (As of Mar. 2026) — 36% Above Median


FRA:ZG8 Viking Holdings Ltd FRA:ZG8
19 GF Score
Price €90.00
! 7 Warning Signs
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What is Viking Holdings FCF Margin %?

Viking Holdings FRA:ZG8 -1.64% 19 FCF Margin % is 20.05% as of Mar. 2026, which is 36% above its 10-year median of 14.75. GuruFocus rates FRA:ZG8 with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 844 Travel & Leisure companies, Viking Holdings ranks better than 80.09% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Viking Holdings's Free Cash Flow for the three months ended in Mar. 2026 was €183 Mil. Viking Holdings's Revenue for the three months ended in Mar. 2026 was €911 Mil. Therefore, Viking Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was 20.05%.

As of today, Viking Holdings's current FCF Yield % is 2.83%.

The historical rank and industry rank for Viking Holdings's FCF Margin % or its related term are showing as below:

FRA:ZG8' s FCF Margin % Range Over the Past 10 Years
Min: -41.25   Med: 14.75   Max: 23.59
Current: 19.44


During the past 5 years, the highest FCF Margin % of Viking Holdings was 23.59%. The lowest was -41.25%. And the median was 14.75%.

FRA:ZG8's FCF Margin % is ranked better than
80.09% of 844 companies
in the Travel & Leisure industry
Industry Median: 5.86 vs FRA:ZG8: 19.44


Viking Holdings FCF Margin % Related Terms


Viking Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Viking Holdings's FCF Margin % 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.

Viking Holdings FCF Margin % Chart

Viking Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
-41.25 -18.38 14.75 21.83 23.59

Viking Holdings Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.23 -10.50 30.47 39.43 20.05

FRA:ZG8 vs CCL, TCOM, EXPE: FCF Margin % Comparison

For the Travel Services subindustry, Viking Holdings's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Viking Holdings's FCF Margin % falls into.


FRA:ZG8
19GF Score
Viking Holdings Ltd FRA:ZG8
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Viking Holdings FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Viking Holdings's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1309.572/5552.212
=23.59 %

Viking Holdings's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=182.719/911.486
=20.05 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 20.05% mean?
Viking Holdings (FRA:ZG8) has a FCF Margin % of 20.05% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Viking Holdings and its competitors. This is 36% above median its historical median of 14.75. According to the industry distribution chart, Viking Holdings ranks #168 out of 844 companies in the Travel & Leisure industry, placing it in the top 19.9%.
Is Viking Holdings' FCF Margin % too high?
Viking Holdings' current FCF Margin % of 20.05% is 36% above median its 10-year median of 14.75. The Travel & Leisure industry median FCF Margin % is 5.86. Viking Holdings' value of 20.05% is 242.2% above this industry median. Based on the distribution chart, Viking Holdings ranks #168 out of 844 companies in the Travel & Leisure industry, which is in the top quartile — a strong position 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' FCF Margin % compare to CCL and TCOM?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #168 out of 844 companies for FCF Margin %. This places Viking Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 5.86. Viking Holdings' value of 20.05% is 242.2% above this benchmark. While the company's 10-year median is 14.75 vs. the industry median of 5.86, Viking Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Travel & Leisure company?
The median FCF Margin % among Travel & Leisure companies is 5.86, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viking Holdings's current FCF Margin % of 20.05% is 242.2% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Viking Holdings and its competitors. For the Travel & Leisure industry, the median FCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current FCF Margin % is 20.05%, which is 36% above median its own 10-year median of 14.75. 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 (FRA:ZG8) has a current FCF Margin % of 20.05%. The current FCF Margin % is 20.05%, which is 36% above median its 10-year median of 14.75 and 242.2% above the Travel & Leisure industry median of 5.86. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Viking Holdings (FRA:ZG8), the current FCF Margin % is 20.05% 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 Business Description

Other Exchanges VIK:USA
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.
19GF Score

Get the complete analysis for FRA:ZG8

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€90.00
Price