On June 8, mountain resort operator and Motley Fool Hidden Gems pick Vail Resorts
- View Vail Resort's trail map by reading our earnings Take.
- Revenue rose by 8.2% to $369.5 million due to increases across all its business segments.
- While total skier visits to Vail's resorts dropped by 3.1%, the effective ticket price jumped by 9.3% to $47.89.
- Vail Resorts is a four-star stock in Motley Fool CAPS, our free interactive stock database, one star higher than hotel chains Marriot
(NYSE:MAR) and Hilton(NYSE:HLT) .
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q3 2007 |
Q3 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$369.5 |
$341.4 |
8.2% |
|
Net Profit |
$78.5 |
$68.3 |
14.9% |
|
EPS |
$1.99 |
$1.75 |
13.7% |
|
Diluted Shares |
39.4 |
39.0 |
1.0% |
Get back to basics with the income statement.
Margin Checkup
|
Q3 2007 |
Q3 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
43.3% |
44.0% |
(0.6) |
|
Operating Margin |
36.9% |
36.1% |
0.8 |
|
Net Margin |
21.3% |
20.0% |
1.2 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$316.4 |
$240.1 |
31.8% |
|
Trade Rec. |
$35.3 |
$35.6 |
(1.0%) |
|
Inventory |
$42.6 |
$36.8 |
15.7% |
|
Liabilities |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$238.0 |
$206.5 |
15.3% |
|
Long-Term Debt |
$575.2 |
$516.9 |
11.3% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
YTD 2007 |
YTD 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$285.4 |
$177.7 |
60.6% |
|
Capital Expenditures |
$82.0 |
$63.7 |
28.8% |
|
Free Cash Flow |
$203.4 |
$114.0 |
78.4% |
Free cash flow is a Fool's best friend.
Related Foolishness:
- Vail Ascends the Mountain
- Foolish Forecast: Vail Resorts Looks for a Lift
- Investing in Your Backyard: Denver
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
