Vail Resorts Inc (MTN) stock
Close on Nov 13, 2026Market cap $5.44BP/E 37.0Yield 5.82%
Earnings
Vail Resorts's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Vail Resorts's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Source |
|---|---|---|---|---|---|
| Q1 FY2027ended Oct 31, 2026 | Dec 9, 2026Expected | – | – | – | – |
| Q4 FY2026ended Jul 31, 2026 | Sep 28, 2026after the close | $278.07M | +2.5% | -$5.34 | Release |
| Q3 FY2026ended Apr 30, 2026 | Jun 8, 2026after the close | $1.21B | -7.0% | $8.81 | Release |
| Q2 FY2026ended Jan 31, 2026 | Mar 9, 2026after the close | $1.08B | -4.7% | $5.87 | Release |
| Q1 FY2026ended Oct 31, 2025 | Dec 10, 2025after the close | $271.03M | – | -$5.20 | Release |
| Q4 FY2025ended Jul 31, 2025 | Sep 29, 2025after the close | $271.29M | +2.2% | -$5.08 | Release |
| Q3 FY2025ended Apr 30, 2025 | Jun 5, 2025after the close | $1.30B | +1.0% | $10.54 | Release |
| Q2 FY2025ended Jan 31, 2025 | Mar 10, 2025after the close | $1.14B | +5.5% | $6.56 | Release |
| Q1 FY2025ended Oct 31, 2024 | Dec 9, 2024after the close | – | – | – | Release |
| Q4 FY2024ended Jul 31, 2024 | Sep 26, 2024after the close | $265.39M | -1.6% | -$4.67 | Release |
| Q3 FY2024ended Apr 30, 2024 | Jun 6, 2024after the close | $1.28B | +3.6% | $9.54 | Release |
| Q2 FY2024ended Jan 31, 2024 | Mar 11, 2024after the close | $1.08B | -2.2% | $5.76 | Release |
| Q1 FY2024ended Oct 31, 2023 | Dec 7, 2023after the close | $258.60M | -7.4% | -$4.60 | Release |
| Q4 FY2023ended Jul 31, 2023 | Sep 28, 2023after the close | $269.77M | +1.0% | -$3.35 | Release |
| Q3 FY2023ended Apr 30, 2023 | Jun 8, 2023after the close | $1.24B | +5.2% | $8.18 | Release |
| Q2 FY2023ended Jan 31, 2023 | Mar 9, 2023after the close | $1.10B | +21.5% | $5.16 | Release |
| Q1 FY2023ended Oct 31, 2022 | Dec 8, 2022after the close | $279.40M | +59.1% | -$3.40 | Release |
| Q4 FY2022ended Jul 31, 2022 | Sep 28, 2022after the close | $267.14M | – | -$2.70 | Release |
| Q3 FY2022ended Apr 30, 2022 | Jun 9, 2022after the close | $1.18B | – | $9.16 | Release |
| Q2 FY2022ended Jan 31, 2022 | Mar 14, 2022after the close | $906.50M | – | $5.47 | Release |
| Q1 FY2022ended Oct 31, 2021 | Dec 9, 2021after the close | $175.60M | – | -$3.44 | Release |
| Q4 FY2021ended Jul 31, 2021 | Sep 23, 2021after the close | – | – | – | Release |
| Q3 FY2021ended Apr 30, 2021 | Jun 7, 2021after the close | – | – | – | Filing |
| Q2 FY2021ended Jan 31, 2021 | Mar 11, 2021after the close | – | – | – | Filing |
| Q1 FY2021ended Oct 31, 2020 | Dec 10, 2020after the close | – | – | – | Filing |
| Q4 FY2020ended Jul 31, 2020 | Sep 24, 2020after the close | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Vail Resorts's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Resort Reported EBITDAnon-GAAP | FY2027 | $805.00M – $865.00M | – | New | Sep 28, 2026 |
| Net income attributable to Vail Resorts, Inc.GAAP | FY2027 | $158.00M – $233.00M | – | New | Sep 28, 2026 |
| Resort EBITDA marginnon-GAAP | FY2027 | 26.9% | – | New | Sep 28, 2026 |
Guidance vs results
The last range Vail Resorts gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2026 | Revenue | $2.85B | $2.84BΣ4Q | Below range |
Guidance history
Every forecast Vail Resorts put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Sep 28, 2026 | core capital | FY2026 | $215.00M – $220.00M | Lowered |
| Sep 28, 2026 | total capital investments | FY2026 | $229.00M – $234.00M | Raised |
| Sep 28, 2026 | Resort Reported EBITDA | FY2027 | $805.00M – $865.00M | New |
| Sep 28, 2026 | Total Reported EBITDA | FY2027 | $795.00M – $861.00M | Lowered |
| Sep 28, 2026 | Mountain Reported EBITDA | FY2027 | $789.00M – $843.00M | Lowered |
| Sep 28, 2026 | Lodging Reported EBITDA | FY2027 | $14.00M – $24.00M | Lowered |
| Sep 28, 2026 | Real Estate Reported EBITDA | FY2027 | -$10.00M – -$4.00M | Lowered |
| Sep 28, 2026 | Resort EBITDA margin | FY2027 | 26.9% | New |
| Sep 28, 2026 | Net income attributable to Vail Resorts, Inc. | FY2027 | $158.00M – $233.00M | New |
| Jun 8, 2026 | core capital | FY2026 | $215.00M – $220.00M | New |
| Jun 8, 2026 | capital investments | FY2026 | $234.00M – $239.00M | Raised |
| Jun 8, 2026 | Total Reported EBITDA | FY2026 | $739.00M – $761.00M | New |
| Jun 8, 2026 | Mountain Reported EBITDA | FY2026 | $721.00M – $739.00M | Lowered |
| Jun 8, 2026 | Lodging Reported EBITDA | FY2026 | $14.00M – $16.00M | Lowered |
| Jun 8, 2026 | Real Estate Reported EBITDA | FY2026 | $4.00M – $6.00M | Lowered |
| Jun 8, 2026 | Resort Reported EBITDA | FY2026 | $735.00M – $755.00M | Raised |
| Jun 8, 2026 | Resort EBITDA Margin | FY2026 | 26.1% | Lowered |
| Jun 8, 2026 | net income attributable to Vail Resorts, Inc. | FY2026 | $128.00M – $162.00M | New |
| Jun 8, 2026 | Resort net revenue | FY2026 | $2.85B | New |
| Mar 9, 2026 | Total Reported EBITDA | FY2026 | $747.00M – $783.00M | Lowered |
| Mar 9, 2026 | Mountain Reported EBITDA | FY2026 | $731.00M – $757.00M | Lowered |
| Mar 9, 2026 | Lodging Reported EBITDA | FY2026 | $14.00M – $18.00M | Lowered |
| Mar 9, 2026 | Real Estate Reported EBITDA | FY2026 | $2.00M – $8.00M | Lowered |
| Mar 9, 2026 | Resort EBITDA margin | FY2026 | 26.4% | New |
| Mar 9, 2026 | Resort net revenue | FY2026 | $2.88B | New |
| Dec 10, 2025 | core capital | FY2026 | $215.00M – $220.00M | New |
| Dec 10, 2025 | Total capital spending | FY2026 | $234.00M – $239.00M | Raised |
| Dec 10, 2025 | Resort Reported EBITDA | FY2026 | $842.00M – $898.00M | Raised |
| Dec 10, 2025 | Net income attributable to Vail Resorts, Inc. | FY2026 | $201.00M – $276.00M | Reaffirmed |
| Sep 29, 2025 | core capital | FY2025 | $198.00M – $203.00M | Lowered |
| Sep 29, 2025 | capital | FY2025 | $249.00M – $254.00M | Raised |
| Sep 29, 2025 | Resort Reported EBITDA | FY2026 | $842.00M – $898.00M | New |
| Sep 29, 2025 | Total Reported EBITDA | FY2026 | $844.00M – $906.00M | Raised |
| Sep 29, 2025 | Mountain Reported EBITDA | FY2026 | $820.00M – $874.00M | Lowered |
| Sep 29, 2025 | Lodging Reported EBITDA | FY2026 | $18.00M – $28.00M | Lowered |
| Sep 29, 2025 | Real Estate Reported EBITDA | FY2026 | $2.00M – $8.00M | Lowered |
| Sep 29, 2025 | Resort EBITDA Margin | FY2026 | 28.8% | New |
| Sep 29, 2025 | net income attributable to Vail Resorts, Inc. | FY2026 | $201.00M – $276.00M | New |
| Jun 5, 2025 | core capital | FY2025 | $198.00M – $203.00M | New |
| Jun 5, 2025 | capital expenditures | FY2025 | $249.00M – $254.00M | Raised |
| Jun 5, 2025 | Resort Reported EBITDA | FY2025 | $831.00M – $851.00M | New |
| Jun 5, 2025 | Total Reported EBITDA | FY2025 | $848.00M – $870.00M | Raised |
| Jun 5, 2025 | Mountain Reported EBITDA | FY2025 | $809.00M – $827.00M | Lowered |
| Jun 5, 2025 | Lodging Reported EBITDA | FY2025 | $21.00M – $23.00M | Lowered |
| Jun 5, 2025 | Real Estate Reported EBITDA | FY2025 | $17.00M – $19.00M | Lowered |
| Jun 5, 2025 | Resort EBITDA Margin | FY2025 | 28.4% | New |
| Jun 5, 2025 | net income attributable to Vail Resorts, Inc. | FY2025 | $264.00M – $298.00M | New |
| Mar 10, 2025 | capital investments | FY2025 | $249.00M – $254.00M | New |
| Mar 10, 2025 | core capital | FY2025 | $198.00M – $203.00M | New |
| Mar 10, 2025 | Resort Reported EBITDA | FY2025 | $841.00M – $877.00M | Narrowed |
| Mar 10, 2025 | Mountain Reported EBITDA | FY2025 | $821.00M – $855.00M | Lowered |
| Mar 10, 2025 | Lodging Reported EBITDA | FY2025 | $19.00M – $23.00M | Lowered |
| Mar 10, 2025 | Real Estate Reported EBITDA | FY2025 | $13.00M – $19.00M | Lowered |
| Mar 10, 2025 | Total Reported EBITDA | FY2025 | $854.00M – $896.00M | Raised |
| Mar 10, 2025 | Resort EBITDA margin | FY2025 | 28.8% | New |
| Mar 10, 2025 | net income attributable to Vail Resorts, Inc. | FY2025 | $257.00M – $309.00M | Raised |
| Dec 9, 2024 | core capital | calendar year 2025 | $198.00M – $203.00M | – |
| Dec 9, 2024 | capital | calendar year 2025 | $249.00M – $254.00M | – |
| Sep 26, 2024 | total capital plan | FY2024 | $216.00M – $221.00M | Lowered |
| Sep 26, 2024 | Resort Reported EBITDA | FY2025 | $838.00M – $894.00M | New |
| Sep 26, 2024 | net income attributable to Vail Resorts, Inc. | FY2025 | $224.00M – $300.00M | New |
| Jun 6, 2024 | total capital plan | FY2024 | $219.00M – $224.00M | Raised |
| Jun 6, 2024 | Resort Reported EBITDA | FY2024 | $825.00M – $843.00M | Lowered |
| Jun 6, 2024 | net income attributable to Vail Resorts, Inc. | FY2024 | $224.00M – $256.00M | Lowered |
| Mar 11, 2024 | total capital plan | FY2024 | $214.00M – $219.00M | New |
| Mar 11, 2024 | Resort Reported EBITDA | FY2024 | $849.00M – $885.00M | Lowered |
| Mar 11, 2024 | Resort EBITDA Margin | FY2024 | 29.6% | Lowered |
| Mar 11, 2024 | net income attributable to Vail Resorts, Inc. | FY2024 | $270.00M – $325.00M | Lowered |
| Dec 7, 2023 | Resort Reported EBITDA | FY2024 | $912.00M – $968.00M | Reaffirmed |
| Dec 7, 2023 | net income attributable to Vail Resorts, Inc. | FY2024 | $316.00M – $394.00M | Reaffirmed |
| Sep 28, 2023 | Resort Reported EBITDA | Q1 FY2024 | -$154.00M – -$140.00M | New |
| Sep 28, 2023 | Resort Reported EBITDA | FY2024 | $912.00M – $968.00M | New |
| Sep 28, 2023 | net loss attributable to Vail Resorts, Inc. | Q1 FY2024 | -$191.00M – -$168.00M | New |
| Sep 28, 2023 | Resort EBITDA Margin | FY2024 | 31% | New |
| Sep 28, 2023 | net income attributable to Vail Resorts, Inc. | FY2024 | $316.00M – $394.00M | New |
| Jun 8, 2023 | Resort Reported EBITDA | FY2023 | $837.00M – $853.00M | Narrowed |
| Jun 8, 2023 | Resort EBITDA Margin | FY2023 | 29.2% | Lowered |
| Jun 8, 2023 | Net income attributable to Vail Resorts, Inc. | FY2023 | $251.00M – $283.00M | Lowered |
| Mar 9, 2023 | total capital plan | FY2023 | $206.00M – $211.00M | Raised |
| Mar 9, 2023 | Resort Reported EBITDA | FY2023 | $831.00M – $859.00M | Lowered |
| Mar 9, 2023 | Resort EBITDA Margin | FY2023 | 29.4% | Lowered |
| Mar 9, 2023 | net income attributable to Vail Resorts, Inc. | FY2023 | $282.00M – $328.00M | Lowered |
| Dec 8, 2022 | Resort Reported EBITDA | FY2023 | $893.00M – $947.00M | Reaffirmed |
| Dec 8, 2022 | net income attributable to Vail Resorts, Inc. | FY2023 | $321.00M – $396.00M | Reaffirmed |
| Sep 28, 2022 | capital plan | FY2023 | $180.00M – $185.00M | New |
| Sep 28, 2022 | Resort Reported EBITDA | FY2023 | $893.00M – $947.00M | New |
| Sep 28, 2022 | Resort EBITDA Margin | FY2023 | 31% | New |
| Sep 28, 2022 | net income attributable to Vail Resorts, Inc. | FY2023 | $321.00M – $396.00M | New |
| Jun 9, 2022 | total capital plan | FY2022 | $327.00M – $337.00M | Reaffirmed |
| Jun 9, 2022 | Resort Reported EBITDA | FY2022 | $828.00M – $842.00M | Raised |
| Jun 9, 2022 | Resort EBITDA Margin | FY2022 | 33% | Raised |
| Jun 9, 2022 | Net income attributable to Vail Resorts, Inc. | FY2022 | $314.00M – $348.00M | Narrowed |
| Mar 14, 2022 | capital | FY2022 | $327.00M – $337.00M | Raised |
| Mar 14, 2022 | Resort Reported EBITDA | FY2022 | $813.00M – $837.00M | Raised |
| Mar 14, 2022 | Resort EBITDA Margin | FY2022 | 32.9% | New |
| Mar 14, 2022 | net income attributable to Vail Resorts, Inc. | FY2022 | $304.00M – $350.00M | Raised |
| Dec 9, 2021 | total capital plan | FY2022 | $318.00M – $328.00M | New |
| Dec 9, 2021 | Resort Reported EBITDA | FY2022 | $785.00M – $835.00M | New |
| Dec 9, 2021 | Net income attributable to Vail Resorts, Inc. | FY2022 | $278.00M – $349.00M | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Vail Resorts filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Results
- Update
- Results
- Update
- Results
- News
- News
- Results
- Update
- Update
- Results
- Update
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