Vail ResortsFRA:VAI -8.73%69 Net Margin % is 26.09% as of Apr. 2026, which is 178% above its 10-year median of 9.40. GuruFocus rates FRA:VAI with a GF Score™ of 69/100 and a GF Value™ of €150.66 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 847 Travel & Leisure companies, Vail Resorts ranks better than 52.89% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Vail Resorts's Net Income for the
three
months ended in Apr. 2026 was €269 Mil. Vail Resorts's Revenue for the
three
months ended in Apr. 2026 was €1,030 Mil. Therefore, Vail Resorts's net margin for the quarter that ended in Apr. 2026 was 26.09%.
The historical rank and industry rank for Vail Resorts's Net Margin % or its related term are showing as below:
FRA:VAI'
s Net Margin % Range Over the Past 10 Years
Min: 5.03 Med: 9.4 Max: 18.89
Current: 5.54
FRA:VAI's Net Margin % is ranked better than 52.89% of 847
companies
in the Travel & Leisure industry
Industry Median: 4.78
vs FRA:VAI: 5.54
Vail Resorts (FRA:VAI) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Vail Resorts Net Margin % Related Terms
Vail Resorts Net Margin % Historical Data
* Premium members only.
The historical data trend for Vail Resorts's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Resorts & Casinos subindustry, Vail Resorts's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vail Resorts Net Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Net Margin % distribution charts can be found below:
* The bar in red indicates where Vail Resorts's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vail Resorts (FRA:VAI) has a Net Margin % of 26.09% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Vail Resorts and its competitors. This is 178% above median its historical median of 9.40. Over the past decade, Vail Resorts' Net Margin % has ranged from 5.03 to 18.89. According to the industry distribution chart, Vail Resorts ranks #399 out of 847 companies in the Travel & Leisure industry, placing it in the top 47.1%.
Is Vail Resorts' Net Margin % too high?
Vail Resorts' current Net Margin % of 26.09% is 178% above median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 5.03 to a high of 18.89. The Travel & Leisure industry median Net Margin % is 4.78. Vail Resorts' value of 26.09% is 445.8% above this industry median. Based on the distribution chart, Vail Resorts ranks #399 out of 847 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Vail Resorts has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vail Resorts' Net Margin % compare to HGV and CZR?
According to the Travel & Leisure industry distribution chart, Vail Resorts ranks #399 out of 847 companies for Net Margin %. This puts Vail Resorts in the upper half of its industry. The industry median Net Margin % is 4.78. Vail Resorts' value of 26.09% is 445.8% above this benchmark. Historically, Vail Resorts' own Net Margin % has ranged from 5.03 to 18.89 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 4.78, Vail Resorts has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.78, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vail Resorts's current Net Margin % of 26.09% is 445.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Vail Resorts and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vail Resorts's current Net Margin % is 26.09%, which is 178% above median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vail Resorts stock overvalued right now?
Based on GuruFocus' analysis, Vail Resorts (FRA:VAI) is currently considered Modestly Undervalued. The stock's GF Value™ is €150.66, compared to a current price of €115.00 — trading 23.7% below its estimated fair value. The current Net Margin % is 26.09%, which is 178% above median its 10-year median of 9.40 and 445.8% above the Travel & Leisure industry median of 4.78. Vail Resorts' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Vail Resorts (FRA:VAI), the current Net Margin % is 26.09% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vail Resorts (FRA:VAI) Overvalued in 2026?
Based on GuruFocus' analysis, Vail Resorts stock appears to be undervalued.
The current stock price of €115.00 is trading 23.7% below its estimated GF Value™ of €150.66.
GuruFocus considers Vail Resorts to be Modestly Undervalued.
Key valuation signals for FRA:VAI:
Net Margin %: 26.09% (178% above median its 10-year median of 9.40)
GF Value™: €150.66 vs. price of €115.00 (23.7% below fair value)
Industry Position: 445.8% above the Travel & Leisure median (#399 of 847)
No single metric tells the full story. See the FRA:VAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
69GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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