Vail Resorts

US · MTN #2131 by market cap Listed 1970

144.67 -0.53 -0.37%

Live - 5344 symbols - heartbeat 281s ago · 2026-10-07 20:02

After-hours 144.67 0.00%

Market cap: 5.16B
P/E (TTM): 35.11
P/B: 21.43
EPS: 4.12
Div yield: 6.14%
52W pos: 64%

Reader sentiment Are you bullish or bearish on MTN?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Weak

Altman Z-Score is 1.49, below the 1.8 "distress zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -4.26% YoY

Margins

Gross margin: 41.33%
Operating margin: 15.27%
Net margin: 5.20%

Key ratios & quality

Enterprise value: 8.11B
Altman Z-Score: 1.49

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	2.27B	1.96B	1.91B	2.53B	2.89B	2.89B	2.96B	2.84B
Gross profit	974.25M	776.02M	830.05M	1.18B	1.22B	1.23B	1.27B	1.17B
Selling & admin expenses	274.42M	278.70M	296.99M	347.49M	389.47M	410.03M	433.71M	434.01M
Research & development	--	--	--	--	--	--	--	--
Operating profit	481.72M	247.75M	280.47M	576.74M	562.48M	540.15M	538.00M	433.44M
Pretax profit	398.97M	116.43M	125.18M	457.16M	370.42M	339.76M	402.40M	226.96M
Tax	75.47M	7.38M	726.00K	88.82M	87.64M	92.78M	104.42M	56.21M
Net profit	323.49M	109.06M	124.46M	368.34M	282.78M	246.98M	297.98M	170.74M
Basic EPS	7	2	3	9	7	6	8	4
Diluted EPS	7.32	2.42	3.13	8.55	6.69	6.09	7.53	4.12

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Revenue	1.30B	271.29M	271.03M	1.08B	1.21B	278.07M
Gross profit	751.53M	-18.82M	-31.90M	542.45M	687.12M	-24.62M
Selling & admin expenses	106.01M	106.31M	110.42M	121.62M	102.56M	99.41M
Research & development	--	--	--	--	--	--
Operating profit	569.45M	-199.60M	-215.44M	346.48M	507.35M	-204.95M
Pretax profit	541.39M	-241.53M	-257.07M	298.13M	445.85M	-259.96M
Tax	130.07M	-53.22M	-60.62M	72.29M	105.63M	-61.09M
Net profit	411.32M	-188.30M	-196.46M	225.85M	340.22M	-198.87M
Basic EPS	10	-5	-5	6	9	-5
Diluted EPS	10.46	-5.08	-5.20	5.87	8.81	-5.31

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Total current assets	527.94M	665.09M	1.75B	1.79B	1.21B	901.96M	1.05B	876.47M
Cash & ST investments	108.85M	390.98M	1.24B	1.11B	562.98M	322.83M	440.29M	268.46M
Inventory	96.54M	101.86M	80.32M	108.72M	132.55M	118.99M	117.18M	134.63M
Total assets	4.43B	5.24B	6.25B	6.32B	5.95B	5.69B	5.78B	5.53B
Total current liabilities	719.13M	603.47M	978.40M	1.11B	1.13B	1.11B	1.67B	1.10B
Short-term debt	48.52M	100.28M	148.79M	97.97M	106.06M	91.93M	634.39M	119.60M
Long-term debt	1.53B	2.39B	2.74B	2.67B	2.75B	2.73B	2.59B	3.10B
Total liabilities	2,699,237,000.00	3,712,565,000.00	4,421,988,000.00	4,470,544,000.00	4,612,094,000.00	4,661,695,000.00	5,023,981,000.00	4,969,050,000.00
Total equity	1.73B	1.53B	1.83B	1.85B	1.34B	1.02B	753.90M	557.40M
Retained earnings	759.80M	645.90M	773.75M	895.89M	873.71M	766.83M	718.66M	549.07M

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Total current assets	1.00B	1.05B	1.05B	822.72M	952.22M	876.47M
Cash & ST investments	467.03M	440.29M	581.47M	384.74M	371.37M	268.46M
Inventory	114.57M	117.18M	154.38M	141.38M	129.07M	134.63M
Total assets	5.76B	5.78B	5.76B	5.60B	5.69B	5.53B
Total current liabilities	1.63B	1.67B	1.94B	1.32B	1.04B	1.10B
Short-term debt	625.48M	634.39M	625.51M	109.63M	109.45M	119.60M
Long-term debt	2.11B	2.59B	2.58B	2.86B	2.95B	3.10B
Total liabilities	4,527,114,000.00	5,023,981,000.00	5,295,714,000.00	4,955,216,000.00	4,769,856,000.00	4,969,050,000.00
Total equity	1.24B	753.90M	468.05M	644.79M	916.09M	557.40M
Retained earnings	997.44M	718.66M	452.10M	583.00M	818.33M	549.07M

Cash flow

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Operating cash flow	634.23M	394.95M	525.25M	710.50M	637.86M	589.02M	554.87M	479.63M
Depreciation & amortization	218.12M	249.57M	252.59M	252.39M	269.18M	279.07M	296.44M	305.61M
Free cash flow	442.20M	222.62M	410.15M	517.68M	322.94M	377.83M	319.68M	248.00M
Dividends paid	-260.57M	-212.73M	0	-225.79M	-314.35M	-323.68M	-328.17M	-317.13M
Stock buybacks / issuance	-85.00M	-46.42M	0	-75.01M	-500.00M	-150.00M	-270.00M	-45.00M
Ending cash balance	118.39M	402.09M	1.26B	1.13B	573.09M	337.06M	456.42M	247.02M

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
Operating cash flow	115.43M	-169.73M	315.94M	259.91M	6.82M	-103.04M
Depreciation & amortization	76.07M	74.47M	73.12M	74.35M	77.22M	80.92M
Free cash flow	82.21M	-225.67M	244.27M	185.00M	-28.24M	-153.03M
Dividends paid	-82.48M	-79.71M	-79.81M	-79.10M	-79.11M	-79.11M
Stock buybacks / issuance	-30.00M	-200.00M	0	-45.00M	0	0
Ending cash balance	480.81M	456.42M	600.59M	405.84M	387.32M	247.02M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025	2026
ROE %	19.49	7.02	8.78	21.70	20.50	26.68	48.78	44.37
ROA %	7.09	2.04	2.22	5.54	4.37	3.96	4.88	2.61
ROIC %	12.23	5.59	6.40	10.13	8.97	8.87	10.66	8.03
5-year avg ROE %	18.31	16.99	15.31	16.21	15.46	16.96	25.43	32.54
EBIT margin %	21.06	11.36	14.48	23.97	18.22	17.57	19.36	15.24
FCF / sales %	19.47	11.34	21.48	20.49	11.24	13.02	10.78	8.74
Current ratio	0.73	1.10	1.78	1.61	1.07	0.82	0.63	0.80
Quick ratio	0.53	0.82	1.62	1.34	0.83	0.63	0.49	0.57
Debt / assets	36.04	51.58	49.20	46.58	50.86	53.79	59.61	61.75
LT debt / equity	103.07	197.81	183.54	176.43	290.75	417.87	661.92	1,368.96
Interest coverage	6.02	2.09	1.83	4.09	3.44	3.13	3.34	2.10
Revenue CAGR (3Y) %	12.36	0.98	-1.72	3.60	13.74	14.75	5.48	-0.59
Net income CAGR (3Y) %	26.22	-22.28	-30.44	4.93	39.07	21.82	-6.98	-17.82
FCF CAGR (3Y) %	10.50	-11.99	0.19	5.39	13.20	-2.70	-14.84	-8.43

Line item	2025-04	2025-07	2025-10	2026-01	2026-04	2026-07
ROE %	30.55	48.78	88.75	55.77	21.68	44.37
ROA %	5.01	4.88	4.67	4.17	2.74	2.61
ROIC %	10.60	10.66	11.31	10.62	7.89	8.03
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	19.67	19.36	19.02	18.07	15.60	15.24
FCF / sales %	13.41	10.78	11.84	9.78	6.19	8.74
Current ratio	0.61	0.63	0.54	0.62	0.91	0.80
Quick ratio	0.49	0.49	0.39	0.41	0.70	0.57
Debt / assets	51.23	59.61	59.34	56.77	57.29	61.75
LT debt / equity	259.86	661.92	1,786.04	1,017.06	570.58	1,368.96
Interest coverage	3.49	3.34	3.14	2.82	2.25	2.10
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Mountain is the largest reported line at 88.20% of revenue, across 3 reported segments.
The next-largest line, Lodging, is a distant second at 11.59% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Mountain88.20%

Lodging11.59%

Real estate0.22%

Region

United States78.86%

Canada13.11%

International8.03%

Quote time 2026-10-07 20:02:22 · For reference only, not investment advice and not tailored to your situation.