Vail Resorts logo

Vail Resorts(NYSE) MTN

Market Cap$5.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1997)+904%
5 Year-48%
1 Year+6%
1 Month+8%
Premium Feature
Moneyball Superscore
60/100
$146.02
-1.49%
-2.21Today
Vail Resorts last closing stock price
MetricPriceDate
Last closeUSD 148.232026-10-22
Vail Resorts stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.09%USD 152.962026-10-15
1 month+8.32%USD 136.852026-09-22
3 month+3.31%USD 143.482026-07-24
Year to date+17.1%USD 126.592025-12-31
1 year+5.72%USD 140.202025-10-22
3 year-18.7%USD 182.322023-10-23
5 year-47.59%USD 282.802021-10-22
Since inception+904.27%USD 14.761997-02-04

Vail Resorts Financials at a Glance

Market Cap

$5.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$2.84B

Net Income (TTM)

$147.54M

EPS (TTM)

$4.14

P/E Ratio

35.78

Dividend

$8.88

Beta (Volatility)

0.89 (Low)

Price

$146.02

Volume

38,539.249

Open

$146.57

Previous Close

$148.23

Daily Range

$145.61 - $147.50

52-Week Range

$118.51 - $163.34

Estimated Earnings Date

Dec 9, 2026

About Vail Resorts

Vail Resorts, Inc. NYSE:MTN helps people vacation at mountain destinations. It provides ski access, gear rentals, and luxury lodging. These services help families and skiers enjoy mountain sports.

Slopes, Stays, and Snow

  • Mountain Operations: Management of 42 mountain resorts and ski areas along with lift ticket sales; accounts for 88% of net revenue.
  • Ancillary Services: Ski and snowboard instruction, dining venues, and retail or equipment rental shops within the mountain resorts.
  • Lodging Properties: Ownership and management of luxury hotels, condominiums, and National Park Service concessioner properties; accounts for 12% of net revenue.
  • Real Estate Development: Planning and sale of land parcels to third-party developers in and around resort communities; accounts for 0% of net revenue.

New Resorts and Better Tech

  • Acquired Crans-Montana Mountain Resort in Switzerland on May 2, 2024, to expand its European presence.
  • Launched the Epic Experience initiative in fiscal year 2026 to modernize the guest journey through technology and personalized services.
  • Introduced the My Epic Gear program at 12 resorts to provide members with high-performance equipment and slopeside valet services.
  • Implemented the Resource Efficiency Transformation program to achieve $45 million in savings before one-time costs during fiscal year 2026.

Why the Network Works

Vail Resorts operates a fully integrated network of resorts connected by a unified data and technology platform. This structure allows the company to offer the Epic Pass, which provides access to multiple global destinations under one advance-purchase product.

Checking the Balance Sheet

  • Total Mountain net revenue was $2.5 billion for the fiscal year ended July 31, 2026, down 4.8% year over year.
  • Resort Reported EBITDA was $745.7 million for the fiscal year ended July 31, 2026, down 11.7% year over year.
  • Net income attributable to the company was $147.5 million for the fiscal year ended July 31, 2026.
  • Net debt reached $2.9 billion as of July 31, 2026, compared to $2.8 billion as of July 31, 2025.
  • The company expects total capital expenditures between $229.0 million and $234.0 million for calendar year 2026.

Bottom Line

Vail Resorts has shifted from local ski area management to operating a global, technology-driven network of mountain destinations. Its focus on advance-commitment pass products helps stabilize revenue against the variable nature of seasonal weather conditions.

AI Generated • Sep 29, 2026

Industry

Hotels, Restaurants and Leisure

Employees

44,870

CEO

Rob Katz

Headquarters

Broomfield, CO 80021, US

MTN Financials

Key Financial Metrics (TTM)

Gross Margin

41.75%

Operating Margin

14.82%

Net Income Margin

5.20%

Return on Equity

47.19%

Return on Capital

11.48%

Return on Assets

2.67%

Earnings Yield

2.79%

Dividend Yield

5.99%

Payout Ratio

2.15%

Stock Overview

Market Cap

$5.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

35.64M

Volume

38.54K

Avg. Volume

762.85K

Financials (TTM)

Gross Profit

$1.19B

Operating Income

$420.54M

EBITDA

$738.39M

Operating Cash Flow

$543.63M

Capital Expenditure

-$231.63M

Free Cash Flow

$312.00M

Cash & ST Invst.

$268.46M

Total Debt

$3.42B

Vail Resorts Performance Analysis

Vail Resorts annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-07-31USD 2,889,364,00014.4%
20242024-07-31USD 2,885,191,000-0.1%
20252025-07-31USD 2,964,347,0002.7%
20262026-07-31USD 2,838,204,000-4.3%
Vail Resorts sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-10-31-0.1%
Q22026-01-31299.9%
Q32026-04-3011.2%
Q42026-07-31-76.9%
Vail Resorts annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-07-31USD 6.74-21.1%
20242024-07-31USD 6.09-9.7%
20252025-07-31USD 7.5323.6%
20262026-07-31USD 4.12-45.2%
Vail Resorts sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-10-31-2.4%
Q22026-01-31212.5%
Q32026-04-3049.7%
Q42026-07-31-160.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2026YOY CHG

Revenue

$278.11M

+2.5%

Gross Profit

-$406.58M

-2060.3%

Gross Margin

-1.46%

N/A

Market Cap

$5.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$812.65K

N/A

Employees

6,500

N/A

Net Income

-$215.94M

-16.4%

EBITDA

-$125.29M

-0.4%

Quarterly Fundamentals

Name
Q4 2026YOY CHG

Total Cash

$268.46M

-39.0%

Total Debt

$3.42B

-0.6%

Accounts Receivable

$355.31M

-7.1%

Inventory

$134.63M

+14.9%

Long Term Debt

$3.29B

+17.2%

Short Term Debt

$119.60M

-81.1%

Return on Assets

2.67%

N/A

Return on Invested Capital

9.49%

N/A

Free Cash Flow

-$153.03M

+32.7%

Operating Cash Flow

-$103.04M

+39.9%

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Questions About MTN

What is the current price of Vail Resorts?

Vail Resorts is trading at $146.09 per share.

What is the 52-week range for Vail Resorts?

Over the past 52 weeks, Vail Resorts has traded between $118.51 and $163.34.

How much debt does Vail Resorts have?

As of the most recent reporting period, Vail Resorts reported total debt of $3.41B.

How much cash does Vail Resorts have on hand?

Vail Resorts reported $247.02M in cash and cash equivalents in its most recent financial results.

What is Vail Resorts’s dividend yield?

Vail Resorts currently has a dividend yield of 5.99%.

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