Vail Resorts Inc (MTN)
Return on total capital
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,166,900 | 506,934 | 563,161 | 579,540 | 280,467 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 424,499 | 723,537 | 1,003,950 | 1,612,440 | 1,594,600 |
| Return on total capital | 274.89% | 70.06% | 56.09% | 35.94% | 17.59% |
July 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,166,900K ÷ ($—K + $424,499K)
= 274.89%