Vail Resorts Inc (MTN)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 723,537 | 1,003,510 | 829,904 | 633,031 | 1,003,950 | 1,273,920 | 1,462,580 | 1,264,880 | 1,612,440 | 1,829,320 | 1,565,540 | 1,432,470 | 1,594,600 | 1,782,200 | 1,460,700 | 1,166,120 | 1,316,740 | 1,422,120 | 1,425,480 | 1,302,490 |
| ROE | 31.84% | 27.62% | 28.95% | 36.27% | 26.71% | 22.61% | 22.94% | 27.69% | 21.58% | 17.26% | 13.92% | 9.93% | 8.02% | 6.46% | -0.48% | 4.42% | 7.51% | 11.46% | 21.22% | 23.22% |
July 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $230,405K ÷ $723,537K
= 31.84%
The return on equity (ROE) of Vail Resorts Inc has shown a fluctuating trend over the past years, indicating variations in the company's profitability in relation to shareholders' equity. The ROE increased significantly from -0.48% in January 2021 to 31.84% in July 2024, reflecting improved profitability and efficiency in utilizing shareholders' investments.
The company experienced a steady increase in ROE from 2021 to 2023, with occasional fluctuations. However, the ROE experienced a slight dip in October 2023 before rebounding in the subsequent periods. It is important to note that the company achieved a relatively high ROE of above 20% in many periods, indicating solid financial performance.
Overall, Vail Resorts Inc's ROE performance demonstrates the company's ability to generate profits from shareholders' equity, albeit with some fluctuations. Investors and analysts may find this trend indicative of the company's strong profitability and efficiency in managing its assets and operations.
Peer comparison
Jul 31, 2024