OneSpaWorld Holdings Declares $0.05 Quarterly Dividend
OneSpaWorld Holdings Limited (NASDAQ: OSW), a global provider of health and wellness services on cruise ships and at destination resorts, declared a quarterly cash dividend of $0.05 per share. The company paid $17.5 million in quarterly dividends during fiscal 2025.
OneSpaWorld Holdings Limited (NASDAQ: OSW), a global provider of health and wellness services on cruise ships and at destination resorts, declared a quarterly cash dividend of $0.05 per share, the company announced Tuesday. The dividend will be paid on March 25, 2026 to shareholders of record as of March 11, 2026. Read more dividend announcements.
The Nassau, Bahamas-based company paid $17.5 million in quarterly dividends during fiscal 2025, according to the announcement. The dividend declaration came alongside the company's fourth quarter and full-year 2025 financial results.
| Dividend Detail | Information |
|---|---|
| Amount | $0.05 per share |
| Record Date | March 11, 2026 |
| Ex-Dividend Date | Not disclosed |
| Payment Date | March 25, 2026 |
Record Fiscal 2025 Performance
OneSpaWorld reported record results for fiscal 2025, with total revenues of $961.0 million, net income of $71.6 million, and adjusted EBITDA of $123.3 million. The company's adjusted EBITDA rose from $112.1 million in fiscal 2024, representing a 10% increase year over year.
Adjusted net income reached $102.9 million, or $0.99 per diluted share, compared to $89.7 million, or $0.85 per diluted share, in fiscal 2024. The company reported cash of $17.5 million at December 31, 2025, after paying dividends, repurchasing shares, and reducing debt.
Capital Allocation Activity
During fiscal 2025, OneSpaWorld repurchased 3.9 million common shares for $75.4 million under its $75 million share repurchase program adopted in April 2025. The company had $37.5 million remaining under the program at year-end.
Total debt, net of deferred financing costs, stood at $84.0 million at December 31, 2025, down from prior periods after the company repaid $15.0 million on its term loan facility during the year. Interest expense declined by $3.7 million year over year, primarily due to lower average debt balances and reduced effective interest rates.
Fiscal 2026 Outlook
OneSpaWorld reaffirmed its fiscal 2026 guidance, projecting total revenues of $1.01 billion to $1.03 billion and adjusted EBITDA of $128 million to $138 million. For the first quarter of 2026, the company expects revenues of $241 million to $246 million and adjusted EBITDA of $30 million to $32 million.
The company joined the S&P SmallCap 600 Index at the start of fiscal 2026 and added health and wellness centers on two new cruise ship builds launched during the fourth quarter, according to Executive Chairman and CEO Leonard Fluxman.