Vail Resorts Return on Equity (ROE) Growth & History (MTN)
Vail Resorts's return on equity was 49.36% for fiscal 2025.
View full Vail Resorts company overviewVail Resorts annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-07-31 | 49.36% | +22.40 pp |
| 2024 | 2024-07-31 | 26.97% | +6.65 pp |
| 2023 | 2023-07-31 | 20.32% | −1.38 pp |
| 2022 | 2022-07-31 | 21.70% | +12.91 pp |
| 2021 | 2021-07-31 | 8.78% | +1.77 pp |
| 2020 | 2020-07-31 | 7.02% | −12.48 pp |
| 2019 | 2019-07-31 | 19.49% | −4.55 pp |
| 2018 | 2018-07-31 | 24.04% | +6.82 pp |
| 2017 | 2017-07-31 | 17.22% | +0.02 pp |
| 2016 | 2016-07-31 | 17.20% | +3.60 pp |
| 2015 | 2015-07-31 | 13.60% | +10.14 pp |
| 2014 | 2014-07-31 | 3.46% | −1.18 pp |
| 2013 | 2013-07-31 | 4.64% | +2.63 pp |
| 2012 | 2012-07-31 | 2.02% | −2.25 pp |
| 2011 | 2011-07-31 | 4.26% | +0.39 pp |
| 2010 | 2010-07-31 | 3.87% | — |
Vail Resorts quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-04-30 | 73.68% | +17.71 pp |
| Q2 2026 | 2026-01-31 | 91.65% | +39.96 pp |
| Q1 2026 | 2025-10-31 | −64.29% | −33.90 pp |
| Q4 2025 | 2025-07-31 | −27.79% | −7.40 pp |
| Q3 2025 | 2025-04-30 | 55.97% | +16.48 pp |
| Q2 2025 | 2025-01-31 | 51.69% | +21.71 pp |
| Q1 2025 | 2024-10-31 | −30.40% | −8.95 pp |
| Q4 2024 | 2024-07-31 | −20.39% | −8.90 pp |
| Q3 2024 | 2024-04-30 | 39.49% | +15.74 pp |
| Q2 2024 | 2024-01-31 | 29.98% | +14.68 pp |
| Q1 2024 | 2023-10-31 | −21.44% | −11.92 pp |
| Q4 2023 | 2023-07-31 | −11.49% | −5.18 pp |
| Q3 2023 | 2023-04-30 | 23.75% | +1.81 pp |
| Q2 2023 | 2023-01-31 | 15.30% | +0.40 pp |
| Q1 2023 | 2022-10-31 | −9.52% | −0.32 pp |
| Q4 2022 | 2022-07-31 | −6.32% | +2.02 pp |
| Q3 2022 | 2022-04-30 | 21.95% | +5.01 pp |
| Q2 2022 | 2022-01-31 | 14.90% | +3.65 pp |
| Q1 2022 | 2021-10-31 | −9.21% | +3.18 pp |
| Q4 2021 | 2021-07-31 | −8.34% | +2.88 pp |
| Q3 2021 | 2021-04-30 | 16.94% | +6.22 pp |
| Q2 2021 | 2021-01-31 | 11.25% | −3.88 pp |
| Q1 2021 | 2020-10-31 | −12.39% | −4.79 pp |
| Q4 2020 | 2020-07-31 | −11.22% | −5.56 pp |
| Q3 2020 | 2020-04-30 | 10.71% | −7.95 pp |
| Q2 2020 | 2020-01-31 | 15.13% | +0.41 pp |
| Q1 2020 | 2019-10-31 | −7.60% | −0.24 pp |
| Q4 2019 | 2019-07-31 | −5.65% | −0.67 pp |
| Q3 2019 | 2019-04-30 | 18.67% | +3.67 pp |
| Q2 2019 | 2019-01-31 | 14.72% | −0.75 pp |
| Q1 2019 | 2018-10-31 | −7.36% | −5.45 pp |
| Q4 2018 | 2018-07-31 | −4.98% | −1.35 pp |
| Q3 2018 | 2018-04-30 | 15.00% | +3.15 pp |
| Q2 2018 | 2018-01-31 | 15.47% | +4.88 pp |
| Q1 2018 | 2017-10-31 | −1.91% | +3.75 pp |
| Q4 2017 | 2017-07-31 | −3.63% | +3.46 pp |
| Q3 2017 | 2017-04-30 | 11.86% | −5.60 pp |
| Q2 2017 | 2017-01-31 | 10.59% | −4.18 pp |
| Q1 2017 | 2016-10-31 | −5.66% | +1.75 pp |
| Q4 2016 | 2016-07-31 | −7.09% | +0.57 pp |
| Q3 2016 | 2016-04-30 | 17.45% | +2.74 pp |
| Q2 2016 | 2016-01-31 | 14.78% | +0.25 pp |
| Q1 2016 | 2015-10-31 | −7.41% | +0.81 pp |
| Q4 2015 | 2015-07-31 | −7.67% | +1.06 pp |
| Q3 2015 | 2015-04-30 | 14.72% | +1.09 pp |
| Q2 2015 | 2015-01-31 | 14.52% | — |
| Q1 2015 | 2014-10-31 | −8.21% | — |
| Q4 2014 | 2014-07-31 | −8.72% | −1.73 pp |
| Q3 2014 | 2014-04-30 | 13.63% | +2.08 pp |
| Q4 2013 | 2013-07-31 | −6.99% | −0.61 pp |
| Q3 2013 | 2013-04-30 | 11.55% | +2.13 pp |
| Q4 2012 | 2012-07-31 | −6.39% | −0.10 pp |
| Q3 2012 | 2012-04-30 | 9.42% | +0.33 pp |
| Q2 2012 | 2012-01-31 | 5.91% | −1.11 pp |
| Q1 2012 | 2011-10-31 | −6.99% | −1.39 pp |
| Q4 2011 | 2011-07-31 | −6.28% | — |
| Q3 2011 | 2011-04-30 | 9.08% | — |
| Q2 2011 | 2011-01-31 | 7.02% | — |
| Q1 2011 | 2010-10-31 | −5.60% | — |
Vail Resorts return on equity trends
Over the last five fiscal years, Vail Resorts's return on equity increased from 7.02% to 49.36%, a change of +42.35 percentage points. The latest reported quarter, Q3 2026, shows 73.68%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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