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OSWOneSpaWorld Holdings Ltd
$31.13$3.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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OSW logo

OneSpaWorld Holdings Ltd

OSW
NASDAQ · Fitness & Leisure Venues
$31.13
At close - Nov 6, 4:00 PM EST - USD
Market Cap$3.16B
P/E37.4x
52W High$31.67
Volume835.17K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Asset-Light Growth Meets Goodwill-Heavy Balance Sheet Risk

OneSpaWorld's quarterly revenue expanded from $219.6M in 2025Q1 to $276.5M in 2026Q3 and operating margin improved to 10.8%, suggesting durable demand from cruise passenger volumes and onboard spending.

GrowthExpanding
ProfitabilityModerate
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

OSW price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

+73% Peers

P/E is 73% above peer median

03

Market leadership

RS 92 · Leader

High momentum (Outperforming 92% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 28

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
OSW+51.55%
S&P 500 (^GSPC)+7.63%
1-Year Return
OSW+42.22%
S&P 500 (^GSPC)+9.69%
3-Year Return
OSW+188.21%
S&P 500 (^GSPC)+71.41%
5-Year Return
OSW+161.88%
S&P 500 (^GSPC)+59.09%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
37.4x
Forward P/EExpansion
26.6x
EV/EBITDA75th %ile
25.5x
FCF YieldCash Flow
3.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
37.4x
28.8x
100th· High
EV/EBITDA
25.5x
20.9x
75th· Fair
Price/FCF
33.5x
31.4x
75th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$9.41-69.8%
Base (Fair)$18.69-40.0%
Bull$23.30-25.2%
$9.41 Bear$18.69 Base$23.30 Bull
Current Market Price: $31.13
Trades at a 66.6% premium to Base DCF ($18.69)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$961M+7.4% YoY
Net income FY25
$72M-1.7% YoY
Free cash flow FY25
$68M-5.0% YoY
Operating margin FY25
9.1%+0.4 pts YoY
ROIC (FY25)10.7%
Avg ROIC 5Y4.4%
ROE (TTM)15%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 28, 2026
$0.34+11.5%
vs $0.30
$277M+1.5%
vs $272M
Q3 2026
Jul 29, 2026
$0.29+3.0%
vs $0.28
$261M+0.1%
vs $261M
Q2 2026
Apr 29, 2026
$0.27+8.0%
vs $0.25
$248M+1.3%
vs $245M
Q1 2026
Feb 18, 2026
$0.24-7.7%
vs $0.26
$242M-0.2%
vs $243M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·2d ago
OneSpaWorld Publishes Third Annual Sustainability and Social Responsibility Report

NASSAU, Bahamas--(BUSINESS WIRE)--OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced the publication of its third annual Sustainability and Social Responsibility Report. The 2025 report underscores OneSpaWorld's efforts and commitment to environmental, social, and governance (ESG) policies, practices, and initi.

Seeking Alpha·4d ago
Dividend Announcements: October 24-30, 2026 (Part 2 Of 2)

I monitor dividend increases and cuts across 1,200+ stocks, focusing on dividend growth streaks, safety, and valuation to identify high-conviction opportunities. STX stands out with the highest Quality Score (7.46) and strong dividend safety, though its yield (0.47%) and growth (2.70%) lag inflation. BXMT cut its dividend by 36.17%, signaling significant risk with a 954% payout ratio, the lowest Quality Score (2.65), and the weakest dividend safety.

Zacks Investment Research·5d ago
OneSpaWorld (OSW) Upgraded to Buy: Here's What You Should Know

OneSpaWorld (OSW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Defense World·Oct 30, 2026
What OneSpaWorld (OSW) Said on Its Q3 Earnings Call

OneSpaWorld (NASDAQ: OSW) reported third-quarter 2026 results above the high end of its prior guidance, with revenue rising 7% and adjusted EBITDA increasing 12% from a year earlier. The company also raised the midpoint of its full-year outlook, authorized a new $100 million share repurchase program and increased its quarterly dividend by 25%. Executive Chairman and

Filtered for OneSpaWorld Holdings LtdMore Headlines
04

Compare before deciding

Benchmark OSW against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for OneSpaWorld Holdings Ltd (OSW)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
OSW logoOSWOneSpaWorld Holdings LtdCurrent
$31.13$3.16B37.377.37%8.26%15.03%0.54%
MNTN logoMNTNMNTN, Inc Class A
$5.33$394.02M7.4128.6%17.81%17.53%—
SKIN logoSKINSkinHealth Systems Inc.
$15.71$102.23M-5.60-10.02%-6.33%-32.11%—
ELF logoELFe.l.f. Beauty, Inc.
$116.14$6.84B80.5524.59%4.47%7.39%—
NCLH logoNCLHNorwegian Cruise Line Holdings Ltd.
$17.92$8.23B9.913.67%8.2%32.15%—
CCL logoCCLCarnival Corporation & plc
$29.58$40.51B12.906.4%11.37%23.89%—

Compare OSW vs Peers

OneSpaWorld Holdings Ltd (OSW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MNTN

Most directly comparable listed peer for OSW.

Scale Benchmark

vs MAR

Larger-name benchmark to compare OSW against a more recognizable public peer.

Peer Set

Compare Top 5

vs MNTN, SKIN, ELF, NCLH

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

OSW SEC Filings & Documents

OneSpaWorld Holdings Ltd (OSW) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 28, 2026·SEC

Material company update

Jul 29, 2026·SEC

Material company update

Jun 4, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 29, 2026·SEC

FY 2026

Jul 30, 2026·SEC

FY 2026

May 1, 2026·SEC

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OSW Frequently Asked Questions

OneSpaWorld Holdings Ltd (OSW) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is OneSpaWorld Holdings Ltd's revenue?

OneSpaWorld Holdings Ltd (OSW) reported $1.03B in revenue over the trailing twelve months. Revenue was $961.0M in fiscal year 2025. That is 102% more than the $476.3M of fiscal year 2016.

How fast is OneSpaWorld Holdings Ltd growing?

OneSpaWorld Holdings Ltd (OSW) grew revenue by 9.8% over the trailing twelve months, compared with the twelve months before.

Is OSW profitable?

Yes. OneSpaWorld Holdings Ltd (OSW) earned $84.8M in net income over the trailing twelve months (a 8.3% net margin).

Dividend & Returns
Does OSW pay dividends?

Yes. OneSpaWorld Holdings Ltd (OSW) pays a dividend that yields 0.54% at the current price, a small yield.

What is OSW's return on equity?

OneSpaWorld Holdings Ltd (OSW) had a return on equity (ROE) of 15.0% over the trailing twelve months. That is above the market's typical 10-15%.

What is OneSpaWorld Holdings Ltd's free cash flow?

OneSpaWorld Holdings Ltd (OSW) generated $94.3M in free cash flow over the trailing twelve months.

What if you invested $1,000 in OSW back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →