OSW Financials Onespaworld Holdings Ltd

8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 1, 2026, 10:31 UTC Overview →

Growth & profitability

Revenue has grown 51.4% per year over the past 5 years.
Operating margin has expanded, at 8.5% in the latest year.

Financial health

Total debt ($84M) exceeds cash ($16M); net debt is $68M.
Total debt has grown slower than revenue (-18.2% vs 51.4% per year).
Operating income covered interest expense 14× in the latest year.
Total debt is 0.8× EBITDA.

Shareholder returns

Dividends have been paid for 2 consecutive years, consuming 24.4% of earnings and 25.5% of free cash flow.
The dividend has grown 109.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$961M	$72M	0.0%	8.5%	13.2%	10.1%	$68M	$84M	$16M
2024	$895M	$73M	0.0%	8.7%	13.1%	9.8%	$72M	$99M	$57M
2023	$794M	-$3M	0.0%	6.8%	-0.7%	-0.4%	$58M	$158M	$28M
2022	$546M	$53M	0.0%	2.8%	14.5%	7.4%	$20M	$213M	$32M
2021	$144M	-$69M	0.0%	-36.1%	-23.3%	-9.9%	-$38M	$230M	$31M
2020	$121M	-$288M	0.0%	-219.1%	-89.8%	-41.0%	-$39M	$229M	$42M
2018	$541M	$10M	0.0%	9.0%	-7.5%	3.6%	$27M	$352M	$15M
2017	$507M	$31M	0.0%	7.6%	—	—	$67M	—	$9M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$277M	$28M	0.0%	10.8%	4.9%	3.9%	$44M	$71M	$32M
Jun '26	$261M	$23M	0.0%	9.4%	4.0%	3.2%	$31M	$82M	$40M
Mar '26	$248M	$21M	0.0%	9.2%	3.8%	3.0%	$5M	$83M	$16M
Dec '25	$242M	$12M	0.0%	6.8%	2.2%	1.7%	$15M	$84M	$16M
Sep '25	$259M	$24M	0.0%	10.2%	4.4%	3.3%	$28M	$85M	$30M
Jun '25	$241M	$20M	0.0%	9.2%	3.6%	2.7%	$18M	$96M	$35M
Mar '25	$220M	$15M	0.0%	7.7%	2.9%	2.2%	$8M	$97M	$23M
Dec '24	$217M	$14M	0.0%	7.9%	2.6%	1.9%	$13M	$99M	$57M
Sep '24	$242M	$22M	0.0%	10.3%	4.0%	2.9%	$27M	$99M	$49M
Jun '24	$225M	$16M	0.0%	8.4%	3.0%	2.1%	$18M	$124M	$62M
Mar '24	$211M	$21M	0.0%	8.0%	4.1%	2.8%	$14M	$139M	$65M
Dec '23	$195M	-$7M	0.0%	6.5%	-1.7%	-1.0%	$14M	$158M	$28M
Sep '23	$216M	$23M	0.0%	7.8%	5.2%	3.3%	$18M	$163M	$27M
Jun '23	$201M	-$3M	0.0%	6.7%	-0.8%	-0.4%	$24M	$183M	$29M
Mar '23	$182M	-$16M	0.0%	6.1%	-4.5%	-2.2%	$873000	$203M	$23M
Dec '22	$169M	-$2M	0.0%	6.3%	-0.6%	-0.3%	$6M	$213M	$32M
Sep '22	$162M	$6M	0.0%	6.1%	1.6%	0.8%	$11M	$223M	$35M
Jun '22	$127M	$56M	0.0%	0.8%	15.8%	8.0%	$4M	$230M	$32M
Mar '22	$88M	-$6M	0.0%	-7.3%	-2.1%	-0.9%	-$1M	$231M	$29M
Dec '21	$86M	-$11M	0.0%	-4.7%	-3.7%	-1.6%	-$5M	$230M	$31M

Valuation over time

How the market has priced OSW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 22.5× (Mar '23) to 42.0× (Nov '26).
The price-to-sales ratio has risen from 2.2× (Mar '23) to 3.1× (Nov '26).
The dividend yield has risen from 0.4% (Dec '24) to 0.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is OSW growing its revenue and profit?

Over the past 5 years, Onespaworld Holdings Ltd's revenue has grown 51.4% per year. These are computed facts, not advice.

How much debt does OSW have?

As of FY2025, Onespaworld Holdings Ltd reported $84M of total debt against $16M of cash; operating income covered interest expense 14×.

What is OSW's profit margin?

In FY2025, gross margin was —, operating margin 8.5%, and net margin 7.5%.

What is OSW's P/E ratio?

Onespaworld Holdings Ltd's P/E (TTM) is 35.44 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the OSW stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 42.0× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.