Accessibility Menu
Vail Resorts logo

Vail Resorts

(NYSE) MTN

Current Price$146.02
Market Cap$5.27BMarket 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)+886%
5 Year-43%
1 Year-2%
1 Month+2%
Vail Resorts last closing stock price
MetricPriceDate
Last closeUSD 146.082026-07-20
Vail Resorts stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.56%USD 151.472026-07-13
1 month+2.48%USD 142.552026-06-18
3 month+11.82%USD 130.642026-04-21
Year to date+13.63%USD 128.562025-12-31
1 year-2.27%USD 149.482025-07-18
3 year-29.02%USD 205.802023-07-21
5 year-43.38%USD 258.022021-07-21
Since inception+886.39%USD 14.991997-02-04

Vail Resorts Financials at a Glance

Market Cap

$5.27BMarket 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)

$2.83B

Net Income (TTM)

$178.02M

EPS (TTM)

$4.40

P/E Ratio

33.59

Dividend

$8.88

Beta (Volatility)

0.91 (Low)

Price

$146.02

Volume

19,313

Open

$148.20

Previous Close

$146.02

Daily Range

$145.34 - $149.33

52-Week Range

$118.51 - $166.16

Estimated Earnings Date

Sep 24, 2026

About Vail Resorts

Vail Resorts helps people enjoy skiing and outdoor mountain recreation. The company manages vacation spots and offers travelers places to stay. These services help families and sports fans find mountain adventures.

What's on the Menu?

  • Mountain Segment: Managing 42 resorts and ski areas across three continents; accounts for roughly 94% of revenue in Q3 2026.
  • Lodging Segment: Operating hotels, managed condominiums, and National Park Service (NPS) properties; accounts for about 6% of revenue in Q3 2026.
  • Ancillary Services: Providing ski instruction, dining, and equipment rentals to resort guests.
  • Real Estate: Planning and selling land parcels located near resort communities.

Strategic Moves and Expansions

  • Acquired Peak Resorts in September 2019 to expand its portfolio of regional and destination ski areas.
  • Repaid $525 million in convertible notes in January 2026 using cash and new term loans.
  • Launched a resource efficiency transformation plan in 2026 to improve company-wide operational discipline.
  • Updated its Vail Holdings Credit Agreement in February 2026 to secure a $1.275 billion term loan facility.

Stable Income in Unstable Weather

The company uses an advance commitment model to sell pass products before the winter season begins. This strategy helps stabilize revenue even when mountain weather conditions are unfavorable.

Tracing the Financial Path

  • Revenue fell to $1.2 billion in Q3 2026, down 7% from $1.3 billion in Q3 2025.
  • Gross profit hit $1.1 billion in Q3 2026, up 52.8% from $751.5 million in Q3 2025.
  • Operating income was $494.1 million in Q3 2026, down 15% from $581.2 million in Q3 2025.
  • Free cash flow worsened to negative $28.2 million in Q3 2026, down 133.4% year-over-year.

Bottom Line

Vail Resorts has shifted from a seasonal lift ticket business to a subscription-style pass model. Its focus on geographic variety and operational efficiency helps it navigate unpredictable mountain environments.

AI Generated • Jun 9, 2026

Industry

Hotels, Restaurants and Leisure

Employees

47,030

CEO

Rob Katz

Headquarters

Broomfield, CO 80021, US

MTN Financials

Key Financial Metrics (TTM)

Gross Margin

55.55%

Operating Margin

24.13%

Net Income Margin

6.29%

Return on Equity

49.64%

Return on Capital

14.47%

Return on Assets

3.13%

Earnings Yield

2.98%

Dividend Yield

6.01%

Payout Ratio

1.78%

Stock Overview

Market Cap

$5.27BMarket 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

35.63M

Volume

19.31K

Avg. Volume

837.04K

Financials (TTM)

Gross Profit

$1.57B

Operating Income

$683.32M

EBITDA

$738.94M

Operating Cash Flow

$475.11M

Capital Expenditure

-$237.58M

Free Cash Flow

$237.53M

Cash & ST Invst.

$371.37M

Total Debt

$3.26B

Vail Resorts Performance Analysis

Vail Resorts annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-07-31USD 2,525,912,00032.3%
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%
Vail Resorts sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-07-31-79.1%
Q12025-10-31-0.1%
Q22026-01-31299.9%
Q32026-04-3011.2%
Vail Resorts annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-07-31USD 8.55173.1%
20232023-07-31USD 6.74-21.1%
20242024-07-31USD 6.09-9.7%
20252025-07-31USD 7.5323.6%
Vail Resorts sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-07-31-148.2%
Q12025-10-31-2.4%
Q22026-01-31212.5%
Q32026-04-3049.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$1.21B

-7.0%

Gross Profit

$598.16M

-20.4%

Gross Margin

49.63%

N/A

Market Cap

$5.27BMarket 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

$774.82K

N/A

Employees

6,800

N/A

Net Income

$340.22M

-13.4%

EBITDA

$574.39M

-13.1%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$371.37M

-20.5%

Total Debt

$3.26B

+10.3%

Accounts Receivable

$356.92M

+6.3%

Inventory

$129.07M

+12.7%

Long Term Debt

$3.15B

+35.3%

Short Term Debt

$109.45M

-82.5%

Return on Assets

3.13%

N/A

Return on Invested Capital

14.72%

N/A

Free Cash Flow

$35.76M

-57.7%

Operating Cash Flow

$70.82M

-39.9%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
REYNReynolds Consumer Products Inc.
$26.06-0.69%
WHWyndham Hotels & Resorts, Inc.
$76.57+0.01%
CHDNChurchill Downs Incorporated
$83.71-0.29%
URBNUrban Outfitters, Inc.
$74.83+2.53%

Trending Stocks

Symbol / CompanyPricePrice Chg
ONDSOndas
$6.87+0.05%
PATHUiPath
$12.16+0.00%
ZYBTZhengye Biotechnology
$8.01+10.48%
HLHecla Mining
$14.29-0.00%

Questions About MTN

What is the current price of Vail Resorts?

Vail Resorts is trading at $146.02 per share.

What is the 52-week range for Vail Resorts?

Over the past 52 weeks, Vail Resorts has traded between $118.51 and $166.16.

How much debt does Vail Resorts have?

As of the most recent reporting period, Vail Resorts reported total debt of $3.26B.

How much cash does Vail Resorts have on hand?

Vail Resorts reported $387.32M 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 6.01%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.