Viking Holdings (FRA:ZG8) Pretax Margin %: -4.66% (As of Mar. 2026)


FRA:ZG8 Viking Holdings Ltd FRA:ZG8
19 GF Score
Price €87.50
! 8 Warning Signs
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What is Viking Holdings Pretax Margin %?

Viking Holdings FRA:ZG8 -1.69% 19 Pretax Margin % is -4.66% as of Mar. 2026. GuruFocus rates FRA:ZG8 with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 845 Travel & Leisure companies, Viking Holdings ranks better than 78.11% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Viking Holdings's Pre-Tax Income for the three months ended in Mar. 2026 was €-42 Mil. Viking Holdings's Revenue for the three months ended in Mar. 2026 was €911 Mil. Therefore, Viking Holdings's pretax margin for the quarter that ended in Mar. 2026 was -4.66%.

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

FRA:ZG8' s Pretax Margin % Range Over the Past 10 Years
Min: -337.1   Med: 3.18   Max: 18.34
Current: 18.34


FRA:ZG8's Pretax Margin % is ranked better than
78.11% of 845 companies
in the Travel & Leisure industry
Industry Median: 5.97 vs FRA:ZG8: 18.34

Viking Holdings  (FRA:ZG8) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Viking Holdings Pretax Margin % Related Terms


Viking Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Viking Holdings's Pretax 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 Pretax Margin % Chart

Viking Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
-337.10 13.34 -39.14 3.18 17.96

Viking Holdings Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 -11.40 23.60 26.05 17.70 -4.66

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

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

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

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


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

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=997.257/5552.212
=17.96 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-42.485/911.486
=-4.66 %

* 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 Pretax Margin % →
What does a Pretax Margin % of -4.66% mean?
Viking Holdings (FRA:ZG8) has a Pretax Margin % of -4.66% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Viking Holdings and its competitors. According to the industry distribution chart, Viking Holdings ranks #185 out of 845 companies in the Travel & Leisure industry, placing it in the top 21.9%.
Is Viking Holdings' Pretax Margin % too high?
Viking Holdings' current Pretax Margin % is -4.66%. Based on the distribution chart, Viking Holdings ranks #185 out of 845 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' Pretax Margin % compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #185 out of 845 companies for Pretax Margin %. This places Viking Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 5.97, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Viking Holdings and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 5.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current Pretax Margin % is -4.66%. 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 Pretax Margin % of -4.66%. The current Pretax Margin % is -4.66%. Viking Holdings' overall GF Score™ is 19/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Viking Holdings (FRA:ZG8), the current Pretax Margin % is -4.66% 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

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

€87.50
Price