Vail Resorts Inc (MTN)

Operating return on assets (Operating ROA)

Jul 31, 2025 Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021
Operating income US$ in thousands 559,960 491,429 505,097 428,557 261,016
Total assets US$ in thousands 5,777,880 5,698,440 5,947,750 6,318,030 6,251,060
Operating ROA 9.69% 8.62% 8.49% 6.78% 4.18%

July 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $559,960K ÷ $5,777,880K
= 9.69%