Why did OneSpaWorld Holdings (OSW) stock move recently?

On 9/1/2026, OneSpaWorld Holdings moved -10.4% — OSW fell sharply on geopolitical jitters impacting cruise demand (especially North America-to-Europe itineraries), as flagged in today's coverage and previously noted by management in earnings calls where such risks were already baked into guidance. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is OneSpaWorld Holdings (OSW) overvalued or fairly valued?

MarketChacha shows OneSpaWorld Holdings's valuation in context — a trailing P/E of about 27.5, a forward P/E of about 18.4, a price-to-book of about 4.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does OneSpaWorld Holdings's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.59×) from reported figures — education, not a rating.

What is OneSpaWorld Holdings's revenue?

OneSpaWorld Holdings reported revenue of $961.0M for FY2025, with net profit of $71.6M, per official filings.

What is the share price of OneSpaWorld Holdings (OSW)?

OneSpaWorld Holdings last traded at $23.69 (-0.7% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

OneSpaWorld Holdings

OSW · NYSE · Consumer Discretionary · United States

Snapshot

TickerOSW

ExchangeNYSE

SectorConsumer Discretionary

IndustryLeisure

CountryUnited States

Employees5,395

HeadquartersNassau, Bahamas

Websiteonespaworld.com

Filings tracked12

About OneSpaWorld Holdings

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts in the United States and internationally. It offers massage and body care services and therapies, and aesthetics treatments; medi-spa services; and acupuncture, electric stimulation acupuncture, LED therapy, cupping, posture and gait analysis, and therapy for recovery. The company also provides fitness centers, and personalized training services and consultation; personal nutritional and dietary consultation, weight management, nutrition coaching and detoxification; hot and cold hydro-therapies and related amenities, such as thermal loungers, infrared saunas, snow rooms, laconiums, caldarium chambers, and hammams, as well as cold plunge pools, large therapeutic jacuzzis, and rooms surrounding occupants with layers of body cleansing salt crystals. In addition, the company offers products under the ELEMIS, Grown Alchemist, Kerastase, Keratin Complex, Thermage, Dysport, GoodFeet arch supports, Hyperice, and Megawhite teeth whitening brands. OneSpaWorld Holdings Limited was founded in 2017 and is based in Nassau, Bahamas.

Who owns it

Insiders3.6%
Institutions96.4%
Public & other0.0%

353 institutional holders

Ownership breakdown from public market data.

Top holders

Ariel Investments, LLC14.67%
Blackrock Inc.9.70%
Nomura Asset Management International Inc4.26%
Bank of America Corporation4.17%
State Street Corporation3.96%
Reinhart Partners, LLC3.39%
Victory Capital Management Inc.3.18%
Channing Capital Management, LLC3.05%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.59×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend-0.4% → 7.5%

Margin has expanded by about 7.8 points — the business is getting more profitable.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $252.8M · EPS 0.27

Est. earnings growth +12.5%

Next fiscal year

Rev $1.1B · EPS 1.29

Est. earnings growth +13.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$961.0M

Net margin

7.5%

ROE

13.2%

Revenue CAGR (2y)

+10.0%

EPS (FY2025)

0.69

Net profit (FY2025)

$71.6M

Ask MarketChacha about OSW

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 1, 2026
OSW fell sharply on geopolitical jitters impacting cruise demand (especially North America-to-Europe itineraries), as flagged in today's coverage and previously noted by management in earnings calls where such risks were already baked into guidance.
source 1 ↗source 2 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$961.0M	$71.6M	0.69	7.5%	13.2%
FY2024	$895.0M	$72.9M	0.69	8.1%	13.1%
FY2023	$794.0M	$-3.0M	-0.03	-0.4%	-0.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$261.2M	$23.2M	0.23	8.9%
2026Q1	$247.6M	$21.3M	0.21	8.6%
2025Q3	$258.5M	$24.3M	0.23	9.4%
2025Q2	$240.7M	$19.9M	0.19	8.3%
2025Q1	$219.6M	$15.3M	0.15	7.0%
2024Q3	$241.7M	$21.6M	0.20	8.9%
2024Q2	$224.9M	$15.8M	0.15	7.0%
2024Q1	$211.2M	$21.2M	0.21	10.0%
2023Q3	$216.3M	$23.4M	0.16	10.8%
2023Q2	$200.5M	$-3.2M	-0.03	-1.6%
2023Q1	$182.5M	$-15.9M	-0.17	-8.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/30/2026
8-K — Results of operations, Exhibits
SEC7/29/2026material
8-K — Shareholder vote results
SEC6/4/2026material
10-Q filing
SEC5/1/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-K filing
SEC2/23/2026
8-K — Results of operations, Exhibits
SEC2/18/2026material

2025

10-Q filing
SEC10/30/2025
8-K — Results of operations, Exhibits
SEC10/29/2025material
10-Q filing
SEC7/31/2025
8-K — Results of operations, Exhibits
SEC7/30/2025material
8-K/A — Results of operations, Exhibits
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.