Vail Resorts Inc (MTN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 491,429 | 530,028 | 483,922 | 461,403 | 505,097 | 567,080 | 606,933 | 604,040 | 601,728 | 529,402 | 376,728 | 259,304 | 261,016 | 261,414 | 91,941 | 194,958 | 223,389 | 272,853 | 477,219 | 468,334 |
| 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 |
| Operating profit margin | 17.03% | 18.34% | 17.01% | 16.09% | 17.48% | 19.64% | 21.48% | 22.97% | 23.82% | 21.49% | 17.32% | 13.27% | 13.67% | 14.66% | 5.79% | 10.67% | 11.38% | 12.81% | 19.93% | 20.19% |
July 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $491,429K ÷ $2,885,191K
= 17.03%
The operating profit margin of Vail Resorts Inc has displayed fluctuations over the specified periods. The margin ranged from a low of 5.79% in Jan 31, 2021, to a high of 23.82% in Jul 31, 2022. Overall, the trend shows some variability, indicating potential changes in the company's cost structures, pricing strategies, or operational efficiency.
It is important to note the significant increase in the operating profit margin from Jan 31, 2023, to Oct 31, 2023, where it rose from 17.01% to 22.97%, suggesting improved profitability during that period. However, the margin decreased in the subsequent period, indicating potential challenges or shifts in the business environment impacting profitability.
The company's ability to maintain operating profit margins above 15% in most periods indicates a decent level of profitability relative to its operating costs. However, there is a need for continued monitoring and evaluation of factors affecting the margin to ensure sustained financial health and performance in the future.
Peer comparison
Jul 31, 2024