Vail Resorts (MTN) Return on Invested Capital [ROIC] (2010 - 2026)
Vail Resorts' Return on Invested Capital [ROIC] was 8.24% in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 2.29 percentage points from 10.53% a year earlier and down 0.23 percentage points from the prior quarter.
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Analysis
Vail Resorts (MTN) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Return on Invested Capital [ROIC] at Vail Resorts came in at 8.23%, down 2.46 percentage points from FY2025.
- Return on Invested Capital [ROIC] shows a five-year change of +2.23 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 10.68% in FY2025 (+1.75 pp), 8.93% in FY2024 (+0.09 pp), 8.84% in FY2023 (-1.64 pp) and 10.48% in FY2022 (+4.49 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of +0.11 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2022 (a gain of 7.77 percentage points); the worst was fiscal Q3 2026 (a drop of 2.86 percentage points).
- Per Business Quant data, MTN's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2026 was 8.46% (Q3 2026), 10.55% (Q2 2026) and 10.69% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 14.68% |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -15.70% |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -3.04% |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 8.48% |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 10.11% |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 10.62% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 9.49% |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 11.14% |
| 10 | Vail Resorts | 5.03 Bn | 3.74 Bn | - | 8.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 8.24% |
| Apr 30, 2026 | 8.46% |
| Jan 31, 2026 | 10.55% |
| Oct 31, 2025 | 10.69% |
| Jul 31, 2025 | 10.53% |
| Apr 30, 2025 | 11.32% |
| Jan 31, 2025 | 11.05% |
| Oct 31, 2024 | 9.62% |
| Jul 31, 2024 | 8.99% |
| Apr 30, 2024 | 9.97% |
| Jan 31, 2024 | 9.32% |
| Oct 31, 2023 | 8.80% |
| Jul 31, 2023 | 8.97% |
| Apr 30, 2023 | 8.93% |
| Jan 31, 2023 | 10.09% |
| Oct 31, 2022 | 10.82% |
| Jul 31, 2022 | 10.33% |
| Apr 30, 2022 | 9.97% |
| Jan 31, 2022 | 8.22% |
| Oct 31, 2021 | 5.66% |
API Access
Vail Resorts Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();