| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 40 | 27.5x | 17.8x | Bottom tier | |
Growth | 66 | 9.8% | 7.1% | Top tier | |
Quality | 54 | 12.9% | 4.5% | Around median | |
Safety | 93 | 0.4x | 2.6x | Top tier | |
Capital Return | 43 | 0.87% | 2.12% | Around median | |
Momentum | 52 | 18.6% | 2.9% | Around median | |
Sentiment | 34 | 4 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
OneSpaWorld Holdings operates health and wellness centers aboard cruise ships, alongside resort operations, and generates revenue from spa services, medical and aesthetic treatments, and product sales. In fiscal Q2 2026, the company operated centers on 208 ships, averaging 202 ships during the quarter, compared with 200 ships and an average of 191 ships in the comparable quarter, while the number of shipboard employees increased to 4,664 from 4,365. Higher-value services include Thermage, truSculpt, CoolSculpting, intravenous therapy, acupuncture, and LED therapy, while medi-spa services were available on 156 ships at the end of the quarter.
Fiscal Q2 2026 revenue reached approximately $261.2 million, up 9% from $240.7 million, driven by a 4% increase in revenue days, the addition of new ships, and a 1.2% increase in average guest spending. These factors contributed $14.5 million, $4.8 million, and $2.7 million to revenue growth, respectively, with $4.7 million of the increase related to pre-booked services. By contrast, resort revenue declined by $1.3 million, partly due to the closure of hotels where the company operated, while product revenue declined by $0.5 million, including $1 million related to the restructuring of the UK and Italy operations compared with the prior-year fiscal 2025 quarter.
Fiscal Q2 2026 net income increased to $23.2 million, or $0.23 per diluted share, from $19.9 million and $0.19 per share in the comparable period, representing a net income margin of approximately 8.9%. Adjusted earnings before interest, taxes, depreciation, and amortization increased 13% to $34.4 million from $30.5 million, with a margin of approximately 13.2%, while adjusted net income was $29.8 million, or $0.29 per share. For the twelve months ended in 2026, the company recorded revenue of approximately $1 billion and net income of $81 million, compared with revenue of $961 million and net income of $71.6 million in fiscal 2025.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $31, within a range of $28 to $35, accompanied by a consensus rating of “Buy.” The average target exceeds the high of $29.248 recorded within the 52-week range, while the highest target exceeds that high more clearly; however, the absence of a published price-to-earnings ratio in the data prevents testing the valuation using a traditional earnings metric, increasing the importance of achieving the fiscal 2026 guidance and actual earnings growth.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Revenue increased 9% to $261.2 million from $240.7 million, and adjusted earnings before interest, taxes, depreciation, and amortization increased 13% to $34.4 million. A 4% increase in revenue days contributed $14.5 million, new ships added $4.8 million, and a 1.2% increase in average guest spending added approximately $2.7 million. Net income was also $23.2 million, or $0.23 per diluted share, compared with $19.9 million and $0.19 per share in the comparable period.
The company raised its fiscal 2026 revenue range to between $1.018 billion and $1.038 billion. It also raised its adjusted earnings before interest, taxes, depreciation, and amortization range to between $130 million and $140 million, with the midpoint of both ranges representing 10% growth compared with fiscal 2025 after excluding exited and restructured operations. For fiscal Q3 2026, it expects revenue of between $268 million and $273 million and adjusted earnings before interest, taxes, depreciation, and amortization of between $35 million and $37 million.
The company launched Amanda in March 2026 and deployed it on 188 ships, with manager adoption of its recommendations reaching approximately 99%. The platform demonstrated a 4% increase in service revenue among less-experienced managers through recommendations for optimizing yield and the use of facilities and staff. The company also uses AVA, which handles 96% of support tickets without human intervention, and Serena to serve visitors to the e-commerce platform, but management has not yet determined a final quantitative impact of these tools on margins.
medi-spa services grew 17% in fiscal Q2 2026, a rate higher than the overall revenue growth of 9%. The services were available on 156 ships at the end of the quarter, compared with 147 ships a year earlier, and the company is targeting 159 ships by the end of 2026. The offerings include Thermage, truSculpt, CoolSculpting, and intravenous therapy, but they continued to account for less than 10% of service revenue and currently generate no meaningful associated retail sales.
The business depends on the strength of cruise demand and passenger spending, with spending patterns differing among Caribbean, Alaska, and Europe itineraries. In fiscal Q2 2026, resort revenue declined by $1.3 million and product revenue growth slowed, while administrative expenses increased to $7.2 million from $4.4 million. The margin benefits of AI have also not yet been measured, and insiders recorded net sales of $5.9 million during the three months ended August 10, 2026, with the possibility that these sales were prearranged.
