Vail ResortsFRA:VAI +4.35%72 ROA % is 22.34% as of Apr. 2026, which is 329% above its 10-year median of 5.21. GuruFocus rates FRA:VAI with a GF Score™ of 72/100 and a GF Value™ of €160.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 859 Travel & Leisure companies, Vail Resorts ranks better than 52.39% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vail Resorts's annualizedNet Income for the quarter that ended in Apr. 2026 was €1,075 Mil.
Vail Resorts's average Total Assets over the quarter that ended in Apr. 2026 was €4,814 Mil. Therefore, Vail Resorts's annualized ROA % for the quarter that ended in Apr. 2026 was 22.34%.
The historical rank and industry rank for Vail Resorts's ROA % or its related term are showing as below:
FRA:VAI'
s ROA % Range Over the Past 10 Years
Min: 2.04 Med: 5.21 Max: 9.29
Current: 2.74
During the past 13 years, Vail Resorts's highest ROA % was 9.29%. The lowest was 2.04%. And the median was 5.21%.
FRA:VAI's ROA % is ranked better than 52.39% of 859
companies
in the Travel & Leisure industry
Industry Median: 2.37
vs FRA:VAI: 2.74
Vail Resorts (FRA:VAI) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Vail Resorts ROA % Related Terms
Vail Resorts ROA % Historical Data
* Premium members only.
The historical data trend for Vail Resorts's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's ROA % distribution charts can be found below:
* The bar in red indicates where Vail Resorts's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Vail Resorts (FRA:VAI) has a ROA % of 22.34% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vail Resorts and its competitors. This is 329% above median its historical median of 5.21. Over the past decade, Vail Resorts' ROA % has ranged from 2.04 to 9.29. According to the industry distribution chart, Vail Resorts ranks #409 out of 859 companies in the Travel & Leisure industry, placing it in the top 47.6%.
Is Vail Resorts' ROA % too high?
Vail Resorts' current ROA % of 22.34% is 329% above median its 10-year median of 5.21. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 9.29. The Travel & Leisure industry median ROA % is 2.37. Vail Resorts' value of 22.34% is 842.6% above this industry median. Based on the distribution chart, Vail Resorts ranks #409 out of 859 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Vail Resorts has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vail Resorts' ROA % compare to HGV and RRR?
According to the Travel & Leisure industry distribution chart, Vail Resorts ranks #409 out of 859 companies for ROA %. This puts Vail Resorts in the upper half of its industry. The industry median ROA % is 2.37. Vail Resorts' value of 22.34% is 842.6% above this benchmark. Historically, Vail Resorts' own ROA % has ranged from 2.04 to 9.29 over the past decade. While the company's 10-year median is 5.21 vs. the industry median of 2.37, 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 ROA % for a Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.37, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vail Resorts's current ROA % of 22.34% is 842.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vail Resorts and its competitors. For the Travel & Leisure industry, the median ROA % is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vail Resorts's current ROA % is 22.34%, which is 329% above median its own 10-year median of 5.21. 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 €160.39, compared to a current price of €120.00 — trading 25.2% below its estimated fair value. The current ROA % is 22.34%, which is 329% above median its 10-year median of 5.21 and 842.6% above the Travel & Leisure industry median of 2.37. Vail Resorts' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Vail Resorts (FRA:VAI), the current ROA % is 22.34% 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 €120.00 is trading 25.2% below its estimated GF Value™ of €160.39.
GuruFocus considers Vail Resorts to be Modestly Undervalued.
Key valuation signals for FRA:VAI:
ROA %: 22.34% (329% above median its 10-year median of 5.21)
GF Value™: €160.39 vs. price of €120.00 (25.2% below fair value)
Industry Position: 842.6% above the Travel & Leisure median (#409 of 859)
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.
72GF Score
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