Vail ResortsFRA:VAI -8.73%72 ROE % is 295.20% as of Apr. 2026, which is 1383% above its 10-year median of 19.91. GuruFocus rates FRA:VAI with a GF Score™ of 72/100 and a GF Value™ of €150.66 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 825 Travel & Leisure companies, Vail Resorts ranks better than 90.18% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vail Resorts's annualized net income for the quarter that ended in Apr. 2026 was €1,075 Mil. Vail Resorts's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was €364 Mil. Therefore, Vail Resorts's annualized ROE % for the quarter that ended in Apr. 2026 was 295.20%.
The historical rank and industry rank for Vail Resorts's ROE % or its related term are showing as below:
FRA:VAI'
s ROE % Range Over the Past 10 Years
Min: 7.02 Med: 19.91 Max: 49.36
Current: 33.66
During the past 13 years, Vail Resorts's highest ROE % was 49.36%. The lowest was 7.02%. And the median was 19.91%.
FRA:VAI's ROE % is ranked better than 90.18% of 825
companies
in the Travel & Leisure industry
Industry Median: 5.46
vs FRA:VAI: 33.66
Vail Resorts (FRA:VAI) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Vail Resorts ROE % Related Terms
Vail Resorts ROE % Historical Data
* Premium members only.
The historical data trend for Vail Resorts's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's ROE % distribution charts can be found below:
* The bar in red indicates where Vail Resorts's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Vail Resorts (FRA:VAI) has a ROE % of 295.20% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vail Resorts and its competitors. This is 1383% above median its historical median of 19.91. Over the past decade, Vail Resorts' ROE % has ranged from 7.02 to 49.36. According to the industry distribution chart, Vail Resorts ranks #81 out of 825 companies in the Travel & Leisure industry, placing it in the top 9.8%.
Is Vail Resorts' ROE % too high?
Vail Resorts' current ROE % of 295.20% is 1383% above median its 10-year median of 19.91. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 49.36. The Travel & Leisure industry median ROE % is 5.46. Vail Resorts' value of 295.20% is 5306.6% above this industry median. Based on the distribution chart, Vail Resorts ranks #81 out of 825 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. 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' ROE % compare to HGV and RRR?
According to the Travel & Leisure industry distribution chart, Vail Resorts ranks #81 out of 825 companies for ROE %. This places Vail Resorts in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 5.46. Vail Resorts' value of 295.20% is 5306.6% above this benchmark. Historically, Vail Resorts' own ROE % has ranged from 7.02 to 49.36 over the past decade. While the company's 10-year median is 19.91 vs. the industry median of 5.46, 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 ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.46, based on 825 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vail Resorts's current ROE % of 295.20% is 5306.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vail Resorts and its competitors. For the Travel & Leisure industry, the median ROE % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vail Resorts's current ROE % is 295.20%, which is 1383% above median its own 10-year median of 19.91. 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 ROE % is 295.20%, which is 1383% above median its 10-year median of 19.91 and 5306.6% above the Travel & Leisure industry median of 5.46. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Vail Resorts (FRA:VAI), the current ROE % is 295.20% 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:
ROE %: 295.20% (1383% above median its 10-year median of 19.91)
GF Value™: €150.66 vs. price of €115.00 (23.7% below fair value)
Industry Position: 5306.6% above the Travel & Leisure median (#81 of 825)
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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