Vail Resorts Inc (MTN)
Gross profit margin
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,460,400 | 2,472,255 | 2,426,785 | 2,453,955 | 2,476,951 | 2,490,067 | 2,431,747 | 2,240,482 | 2,139,736 | 2,273,764 | 1,987,761 | 1,765,277 | 1,720,348 | 1,593,355 | 1,358,518 | 1,586,952 | 1,717,682 | 1,884,479 | 2,197,036 | 2,140,961 |
| Revenue (ttm) | US$ in thousands | 2,885,191 | 2,889,573 | 2,844,723 | 2,868,483 | 2,889,365 | 2,886,733 | 2,824,963 | 2,629,778 | 2,525,907 | 2,462,973 | 2,175,391 | 1,953,500 | 1,909,710 | 1,782,717 | 1,587,726 | 1,827,720 | 1,963,704 | 2,130,501 | 2,394,401 | 2,319,341 |
| Gross profit margin | 85.28% | 85.56% | 85.31% | 85.55% | 85.73% | 86.26% | 86.08% | 85.20% | 84.71% | 92.32% | 91.37% | 90.36% | 90.08% | 89.38% | 85.56% | 86.83% | 87.47% | 88.45% | 91.76% | 92.31% |
July 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,460,400K ÷ $2,885,191K
= 85.28%
Vail Resorts Inc has exhibited a consistently high gross profit margin over the past few years, ranging from 84.71% to 92.32%. The gross profit margin measures the percentage of revenue that exceeds the cost of goods sold, indicating the company's efficiency in managing production costs.
The trend in Vail Resorts' gross profit margin shows some fluctuations but remains relatively stable overall. The margin peaked at 92.32% in the July 2022 period, possibly due to effective cost control or pricing strategies. Despite some minor variations, the company has maintained gross profit margins above 85% throughout the periods analyzed, demonstrating strong operational performance.
Overall, Vail Resorts Inc's gross profit margin reflects a solid ability to generate profit from its core operations and suggests effective cost management practices within its business operations.
Peer comparison
Jul 31, 2024