OneSpaWorld Holdings Limited

NasdaqCM:OSW Stock Report

Market Cap: US$2.4b

OneSpaWorld Holdings Management

Management criteria checks 4/4

OneSpaWorld Holdings' CEO is Leonard Fluxman, appointed in Mar 2021, has a tenure of 5.17 years. total yearly compensation is $7.02M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 1.37% of the company’s shares, worth $33.32M. The average tenure of the management team and the board of directors is 5.2 years and 7.2 years respectively.

Key information

Leonard Fluxman

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage13.90%
CEO tenure5.2yrs
CEO ownership1.4%
Management average tenure5.2yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Narrative Update May 13

OSW: AI Initiatives Will Support Resilient Demand And Defensible Operational Moats

Analysts lifted the OneSpaWorld Holdings fair value estimate by $1.20 to $28.00, citing updated price targets and research that highlight steady demand, operational moats, and potential benefits from AI initiatives. Analyst Commentary Recent Street research on OneSpaWorld Holdings has focused on refreshed price targets and updated views following meetings with management and new coverage initiations.
Narrative Update Apr 28

OSW: AI Initiatives Will Support Durable Moats And Future Upside Potential

Analysts have raised their price targets on OneSpaWorld by $2 to $26, citing recent meetings with management that highlighted resilient demand, operational moats, and potential support from AI-driven initiatives. Analyst Commentary Recent research points to generally constructive sentiment around OneSpaWorld Holdings, with price targets lifted to US$26 and new coverage starting with a positive stance.
Narrative Update Apr 13

OSW: AI Initiatives And Moats Will Underpin Balanced Risk Reward Outlook

Analysts have nudged the price target for OneSpaWorld up by $0.20 to $26.80, tying the move to recent bullish research that points to steady demand, perceived operational moats, and potential benefits from AI related initiatives. Analyst Commentary Bullish Takeaways Bullish analysts point to resilient demand for OneSpaWorld's services, which they see as supportive of current valuation levels and the recent upward price target adjustments.
Narrative Update Mar 30

OSW: AI Initiatives And Operational Moats Will Support Future Upside

Analysts have nudged the fair value estimate for OneSpaWorld Holdings to $26.60 from $25.75, reflecting updated assumptions around discount rates, long term margins, and future P/E levels, supported by recent research that highlights resilient demand, perceived operational moats, and potential benefits from AI initiatives. Analyst Commentary Bullish analysts have recently updated their views on OneSpaWorld Holdings, focusing on how margin assumptions, discount rates, and future P/E levels feed into fair value estimates.
Narrative Update Mar 15

OSW: AI Initiatives And Buybacks Will Support Future Upside

Narrative Update on OneSpaWorld Holdings Analysts have modestly raised their price target on OneSpaWorld Holdings to $26, citing recent discussions with management that highlighted steady demand resilience, confidence in the company’s operational moats, and potential upside from AI related initiatives. Analyst Commentary Recent research shows a mix of optimism and caution around OneSpaWorld Holdings, with analysts updating their price targets and stressing both the opportunities and the execution risks that sit behind them.
Narrative Update Mar 01

OSW: AI And Buybacks Will Support Future Upside At Current Prices

Narrative update on OneSpaWorld Holdings Analysts have slightly trimmed their fair value estimate for OneSpaWorld to $25.75 from $26.50, reflecting updated assumptions on revenue growth, profit margins and future P/E. The revised estimate still points to confidence in demand resilience, operational moats and potential AI benefits cited in recent research.
Analysis Article Feb 07

OneSpaWorld Holdings Limited (NASDAQ:OSW) Not Flying Under The Radar

OneSpaWorld Holdings Limited's ( NASDAQ:OSW ) price-to-earnings (or "P/E") ratio of 29.3x might make it look like a...
Narrative Update Jan 06

OSW: Dividend And Buybacks Will Support Future Upside At Current Prices

Analysts have kept their OneSpaWorld Holdings fair value estimate steady at US$26.50, with only very small tweaks to assumptions such as the discount rate and future P/E. These adjustments reflect minor refinements to their valuation framework rather than a change in overall view.
Analysis Article Jan 01

Does OneSpaWorld Holdings (NASDAQ:OSW) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Dec 15

OSW: Dividend And Share Repurchases Will Support Future Share Price Upside

Analysts have modestly raised their price target on OneSpaWorld Holdings to $26.50, reflecting slightly higher long term discount rate and earnings multiple assumptions, while profit margin and revenue growth expectations remain effectively unchanged. What's in the News Issued new earnings guidance for the fourth quarter and full year 2025, projecting Q4 revenue of $241 million to $246 million and full year revenue of $960 million to $965 million, implying high single digit growth versus 2024 and supported by two new health and wellness centers on cruise ships (company guidance) Recorded $180,000 in long lived asset impairment charges in the third quarter ended September 30, 2025, reflecting adjustments to certain spa and wellness assets (company filing) Announced a quarterly dividend of $0.05 per share, payable December 3, 2025, with an ex dividend and record date of November 19, 2025 (company announcement) Completed a share repurchase tranche between July 1 and October 29, 2025, buying back 1,537,691 shares, or about 1.5 percent of shares outstanding, for $32.6 million under the April 30, 2025 authorization (company announcement) Valuation Changes The fair value estimate remains unchanged at $26.50 per share.
Narrative Update Nov 30

OSW: Expanding Cruise Centers And Dividend Payments Will Drive Shares Higher

Analysts have maintained their price target for OneSpaWorld Holdings at $26.50, citing minimal adjustments to key valuation assumptions and stable company fundamentals. What's in the News Provided earnings guidance for the fourth quarter and full year 2025, with projected total revenue between $241 million and $246 million for Q4, and between $960 million and $965 million for the full year.
Narrative Update Nov 16

OSW: Future Revenue Guidance Will Sustain Bullish Momentum Into 2025

Narrative Update on OneSpaWorld Holdings Analysts have raised their price target for OneSpaWorld Holdings by $0.50 to $26.50. This update reflects revised forecasts that consider modest adjustments in discount rates, profit margin expectations, and valuation multiples.
Analysis Article Nov 15

OneSpaWorld Holdings (NASDAQ:OSW) Is Looking To Continue Growing Its Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Narrative Update Nov 02

OSW: Rising Margins And Buybacks Will Drive Upside In 2025

Analysts have raised their price target for OneSpaWorld Holdings from $24.67 to $26.00, citing improved profit margin outlook despite a slight moderation in revenue growth projections. What's in the News The company provided earnings guidance for the fourth quarter and full year 2025.
Analysis Article Sep 25

Investors Interested In OneSpaWorld Holdings Limited's (NASDAQ:OSW) Earnings

OneSpaWorld Holdings Limited's ( NASDAQ:OSW ) price-to-earnings (or "P/E") ratio of 30.9x might make it look like a...
Analysis Article Sep 04

Is OneSpaWorld Holdings Limited (NASDAQ:OSW) Potentially Undervalued?

OneSpaWorld Holdings Limited ( NASDAQ:OSW ), is not the largest company out there, but it received a lot of attention...
Analysis Article Jul 25

These 4 Measures Indicate That OneSpaWorld Holdings (NASDAQ:OSW) Is Using Debt Safely

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 15

Investors Will Want OneSpaWorld Holdings' (NASDAQ:OSW) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 28

OneSpaWorld Holdings Limited's (NASDAQ:OSW) Shareholders Might Be Looking For Exit

It's not a stretch to say that OneSpaWorld Holdings Limited's ( NASDAQ:OSW ) price-to-sales (or "P/S") ratio of 2x...
Analysis Article Apr 08

Is Now The Time To Look At Buying OneSpaWorld Holdings Limited (NASDAQ:OSW)?

OneSpaWorld Holdings Limited ( NASDAQ:OSW ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Feb 28

We Think That There Are Issues Underlying OneSpaWorld Holdings' (NASDAQ:OSW) Earnings

Last week's profit announcement from OneSpaWorld Holdings Limited ( NASDAQ:OSW ) was underwhelming for investors...
Analysis Article Feb 21

OneSpaWorld Holdings Limited (NASDAQ:OSW) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?

Shareholders might have noticed that OneSpaWorld Holdings Limited ( NASDAQ:OSW ) filed its full-year result this time...
Analysis Article Feb 10

Returns At OneSpaWorld Holdings (NASDAQ:OSW) Are On The Way Up

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Jan 20

Does OneSpaWorld Holdings (NASDAQ:OSW) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jan 05

Does OneSpaWorld Holdings (NASDAQ:OSW) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

CEO Compensation Analysis

How has Leonard Fluxman's remuneration changed compared to OneSpaWorld Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$78m

Dec 31 2025US$7mUS$975k

US$72m

Sep 30 2025n/an/a

US$74m

Jun 30 2025n/an/a

US$71m

Mar 31 2025n/an/a

US$67m

Dec 31 2024US$6mUS$947k

US$73m

Sep 30 2024n/an/a

US$51m

Jun 30 2024n/an/a

US$53m

Mar 31 2024n/an/a

US$34m

Dec 31 2023US$6mUS$910k

-US$3m

Sep 30 2023n/an/a

US$2m

Jun 30 2023n/an/a

-US$15m

Mar 31 2023n/an/a

US$44m

Dec 31 2022US$7mUS$910k

US$53m

Sep 30 2022n/an/a

US$45m

Jun 30 2022n/an/a

US$26m

Mar 31 2022n/an/a

-US$29m

Dec 31 2021US$5mUS$875k

-US$69m

Sep 30 2021n/an/a

-US$129m

Jun 30 2021n/an/a

-US$164m

Mar 31 2021n/an/a

-US$185m

Dec 31 2020US$14mUS$850k

-US$288m

Sep 30 2020n/an/a

-US$235m

Jun 30 2020n/an/a

-US$185m

Mar 31 2020n/an/a

-US$161m

Dec 31 2019US$11mUS$825k

-US$35m

Compensation vs Market: Leonard's total compensation ($USD7.02M) is about average for companies of similar size in the US market ($USD7.02M).

Compensation vs Earnings: Leonard's compensation has been consistent with company performance over the past year.


CEO

Leonard Fluxman (67 yo)

5.2yrs
Tenure
US$7,015,885
Compensation

Mr. Leonard I. Fluxman serves as Chief Executive Officer at OneSpaWorld Holdings Limited since March 31, 2021 and also served its President since 2021 until March 2025. He serves as an Executive Chairman o...


Leadership Team

NamePositionTenureCompensationOwnership
Leonard Fluxman
CEO & Executive Chairman5.2yrsUS$7.02m1.37%
$ 33.3m
Stephen Lazarus
President7.2yrsUS$4.10m0.25%
$ 6.0m
Charles Rivera
Chief Information Officer3.3yrsno datano data
Eduardo Chamia
Senior Vice President of Sales & Revenueno datano datano data
Trent Munday
Senior Vice President of Resort Operations – Asiano datano datano data
Tim Dux
Executive Vice President of Maritime Operations13.3yrsno datano data
Jesus Padilla
Senior Vice President of Resort Operations3.3yrsno datano data
Inga Fyodorova
Corporate Secretaryno datano datano data
5.2yrs
Average Tenure

Experienced Management: OSW's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Leonard Fluxman
CEO & Executive Chairman7.2yrsUS$7.02m1.37%
$ 33.3m
Marc Magliacano
Independent Director7.2yrsUS$207.51k0%
$ 0
Andrew Heyer
Independent Director7.2yrsUS$207.51k0.74%
$ 18.1m
Glenn Fusfield
Director7.2yrsUS$207.51k0.013%
$ 304.4k
Jeffrey Stiefler
Independent Director7.2yrsUS$232.51k0.13%
$ 3.1m
Maryam Banikarim
Independent Director7yrsUS$207.51k0.041%
$ 1.0m
Lisa Myers
Independent Director2.9yrsUS$207.51k0.0083%
$ 201.6k
Stephen Powell
Lead Independent Director7.2yrsUS$282.51k0.063%
$ 1.5m
Adam Hasiba
Independent Director5.9yrsUS$207.51k0%
$ 0
Walter F. McLallen
Independent Director7.2yrsUS$237.51k0.11%
$ 2.7m
7.2yrs
Average Tenure
62yo
Average Age

Experienced Board: OSW's board of directors are considered experienced (7.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 04:07
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OneSpaWorld Holdings Limited is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Randal KonikJefferies LLC
Harry CurtisNomura Securities Co. Ltd.
Andrew MayNorthcoast Research