Vail Resorts Inc (MTN)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 230,405 | 277,216 | 240,227 | 229,607 | 268,148 | 288,028 | 335,572 | 350,284 | 347,923 | 315,798 | 217,877 | 142,284 | 127,850 | 115,053 | -7,030 | 51,542 | 98,833 | 162,916 | 302,504 | 302,483 |
| Total assets | US$ in thousands | 5,698,440 | 5,808,740 | 5,847,660 | 5,760,020 | 5,947,750 | 6,199,450 | 6,564,960 | 6,280,870 | 6,318,030 | 6,397,290 | 6,369,740 | 6,290,550 | 6,251,060 | 6,276,640 | 6,165,830 | 5,390,520 | 5,244,230 | 5,289,650 | 5,113,680 | 5,157,750 |
| ROA | 4.04% | 4.77% | 4.11% | 3.99% | 4.51% | 4.65% | 5.11% | 5.58% | 5.51% | 4.94% | 3.42% | 2.26% | 2.05% | 1.83% | -0.11% | 0.96% | 1.88% | 3.08% | 5.92% | 5.86% |
July 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $230,405K ÷ $5,698,440K
= 4.04%
Vail Resorts Inc's return on assets (ROA) has shown fluctuation over the past 20 quarters. The ROA ranged from a low of -0.11% to a high of 5.86%, indicating variability in the company's ability to generate profit from its assets during this period.
Overall, the average ROA for Vail Resorts Inc over these quarters is 3.73%. The company's ROA has generally remained above this average in recent quarters, suggesting improved efficiency in generating earnings relative to its asset base.
It is worth noting that the ROA peaked at 5.86% in the fourth quarter of 2019 and has since experienced some decline before showing signs of recovery in more recent quarters. This improvement in ROA could be attributed to effective cost management, revenue growth, or better utilization of assets by the company.
Analyzing ROA can provide insights into how efficiently a company is utilizing its assets to generate profits. Vail Resorts Inc's fluctuating ROA trends highlight the importance of closely monitoring financial performance metrics to assess operational efficiency and profitability.
Peer comparison
Jul 31, 2024