Viking HoldingsVIK -2.05%19 3-Year ROIIC % is 41.38 as of Dec. 2025, which is 16% below its 10-year median of 49.21. GuruFocus rates VIK with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 791 Travel & Leisure companies, Viking Holdings ranks better than 80.03% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Viking Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 41.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Viking Holdings's 3-Year ROIIC % or its related term are showing as below:
VIK's 3-Year ROIIC % is ranked better than 80.03% of 791
companies
in the Travel & Leisure industry
Industry Median: 4.26
vs VIK: 41.38
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Viking Holdings 3-Year ROIIC % Related Terms
Viking Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Viking Holdings's 3-Year ROIIC % 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 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Viking Holdings's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) 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 (VIK) has a 3-Year ROIIC % of 41.38 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Viking Holdings and its competitors. This is 16% below median its historical median of 49.21. Over the past decade, Viking Holdings' 3-Year ROIIC % has ranged from 41.38 to 57.03. According to the industry distribution chart, Viking Holdings ranks #158 out of 791 companies in the Travel & Leisure industry, placing it in the top 20%.
Is Viking Holdings' 3-Year ROIIC % too high?
Viking Holdings' current 3-Year ROIIC % of 41.38 is 16% below median its 10-year median of 49.21. Over the past 10 years, this metric has ranged from a low of 41.38 to a high of 57.03. The Travel & Leisure industry median 3-Year ROIIC % is 4.26. Viking Holdings' value of 41.38 is 871.4% above this industry median. Based on the distribution chart, Viking Holdings ranks #158 out of 791 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' 3-Year ROIIC % compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #158 out of 791 companies for 3-Year ROIIC %. This places Viking Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.26. Viking Holdings' value of 41.38 is 871.4% above this benchmark. Historically, Viking Holdings' own 3-Year ROIIC % has ranged from 41.38 to 57.03 over the past decade. While the company's 10-year median is 49.21 vs. the industry median of 4.26, 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 3-Year ROIIC % for a Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 4.26, based on 791 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viking Holdings's current 3-Year ROIIC % of 41.38 is 871.4% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Viking Holdings and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current 3-Year ROIIC % is 41.38, which is 16% below median its own 10-year median of 49.21. 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 3-Year ROIIC % of 41.38. The current 3-Year ROIIC % is 41.38, which is 16% below median its 10-year median of 49.21 and 871.4% above the Travel & Leisure industry median of 4.26. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Viking Holdings (VIK), the current 3-Year ROIIC % is 41.38 as of Dec. 2025. 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.
19GF Score
Get the complete analysis for VIK
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VIK has been successfully added to your 
