Vail Resorts Inc (MTN)
Return on assets (ROA)
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 230,405 | 268,148 | 347,923 | 127,850 | 98,833 |
| Total assets | US$ in thousands | 5,698,440 | 5,947,750 | 6,318,030 | 6,251,060 | 5,244,230 |
| ROA | 4.04% | 4.51% | 5.51% | 2.05% | 1.88% |
July 31, 2024 calculation
ROA = Net income ÷ Total assets
= $230,405K ÷ $5,698,440K
= 4.04%
Vail Resorts Inc's return on assets (ROA) has been fluctuating over the past five years. The ROA decreased from 1.88% in 2020 to 2.05% in 2021 but showed a steady increase in the subsequent years, reaching 5.51% in 2022. However, there was a slight decline to 4.51% in 2023 and further to 4.04% in 2024.
Overall, Vail Resorts Inc's ROA indicates that the company has been effective in generating profits from its assets, although there have been some fluctuations in recent years. It is important for stakeholders to continue monitoring this ratio to assess the company's ability to generate earnings relative to its assets.
Peer comparison
Jul 31, 2024