The historical rank and industry rank for Viking Holdings's Gross Margin % or its related term are showing as below:
VIK'
s Gross Margin % Range Over the Past 10 Years
Min: -13.95 Med: 32.23 Max: 39.46
Current: 37.54
During the past 3 years, the highestGross Margin % of Viking Holdings was 39.46%. The lowest was -13.95%. And the median was 32.23%.
VIK's Gross Margin % is ranked worse than 59.4% of 771
companies
in the Travel & Leisure industry
Industry Median: 43.23
vs VIK: 37.54
Viking Holdings had a gross margin of 37.54% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Viking Holdings was 0.00% per year.
Viking Holdings Gross Margin % Historical Data
The historical data trend for Viking Holdings's Gross 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.
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Viking Holdings Gross Margin % Chart
Viking Holdings Annual Data
Trend
Dec21
Dec22
Dec23
Gross Margin %
-13.95
32.23
39.46
Viking Holdings Quarterly Data
Dec21
Sep22
Dec22
Sep23
Dec23
Gross Margin %
-
-
32.97
-
37.54
Competitive Comparison of Viking Holdings's Gross Margin %
For the Travel Services subindustry, Viking Holdings's Gross Margin %, along with its competitors' market caps and Gross 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's Gross Margin % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Viking Holdings's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Viking Holdings had a gross margin of 37.54% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Viking Holdings Gross Margin % Related Terms
Thank you for viewing the detailed overview of Viking Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Viking Holdings (Viking Holdings) Business Description
Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer 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 provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.
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