balance equationreview2023-07-31
Difference 14305000 exceeds tolerance 5947754.000. Presentation or filing-vintage differences need review.
Revenue
$2.96B
Fiscal year ended 2025-07-31Operating income
$559.96M
Fiscal year ended 2025-07-31Free cash flow
Unavailable
Fiscal year ended 2025-07-31VAIL RESORTS INC (MTN) reported revenue of $2.96B and net income of $280.00M for the fiscal year ended 2025-07-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from VAIL RESORTS INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Miscellaneous Amusement & Recreation.
Income
| Metric | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96B | $2.89B | $2.89B | $2.53B | $1.91B | $1.96B | $2.27B | $2.01B | $1.91B | $1.60B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $559.96M | $488.85M | $504.42M | $601.73M | $261.02M | $223.39M | $476.27M | $408.82M | $379.26M | $282.98M |
| Net income | $280.00M | $231.10M | $265.82M | $347.92M | $127.85M | $98.83M | $301.16M | $379.90M | $210.55M | $149.75M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 37.20M | shares 37.96M | shares 39.76M | shares 40.69M | shares 40.83M | shares 40.84M | shares 41.16M | shares 41.62M | shares 40.37M | shares 37.31M |
| Pretax income | $402.40M | $339.76M | $370.42M | $457.16M | $125.18M | $116.43M | $398.96M | $340.09M | $348.45M | $242.62M |
| Income tax expense | $104.42M | $92.78M | $87.64M | $88.82M | $726.00K | $7.38M | $75.47M | -$61.14M | $116.73M | $93.16M |
| Diluted EPS | $7.53 | $6.09 | $6.69 | $8.55 | $3.13 | $2.42 | $7.32 | $9.13 | $5.22 | $4.01 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $440.29M | $322.83M | $562.98M | $1.11B | $1.24B | $390.98M | $108.85M | $178.14M | $117.39M | $67.90M |
| Total assets | $5.78B | $5.69B | $5.95B | $6.32B | $6.25B | $5.24B | $4.43B | $4.06B | $4.11B | $2.48B |
| Current assets | $1.05B | $901.96M | $1.21B | $1.79B | $1.75B | $665.09M | $527.94M | $538.74M | $433.07M | $322.86M |
| Total liabilities | $5.02B | $4.66B | $4.61B | $4.47B | $4.42B | $3.71B | $2.70B | $2.25B | $2.31B | $1.59B |
| Current liabilities | $1.67B | $1.11B | $1.13B | $1.11B | $978.40M | $603.46M | $719.13M | $593.62M | $604.56M | $506.48M |
| Total equity incl. NCI | $753.90M | $1.02B | $1.32B | $1.84B | $1.83B | $1.53B | $1.73B | $1.81B | $1.80B | $888.47M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $117.18M | $118.99M | $132.55M | $108.72M | $80.32M | $101.86M | $96.54M | $85.59M | $84.81M | $74.59M |
| Accounts receivable | $382.37M | $375.75M | $381.07M | $383.42M | $345.41M | $106.66M | $270.90M | $230.83M | $186.91M | $147.11M |
| Goodwill | $1.68B | $1.68B | $1.72B | $1.75B | $1.78B | $1.71B | $1.61B | $1.48B | $1.52B | $509.04M |
| Long-term debt | $2.59B | $2.73B | $2.75B | $2.67B | $2.74B | $2.39B | $1.53B | $1.23B | $1.23B | $686.91M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $554.87M | $589.02M | $637.86M | $710.50M | $525.25M | $394.95M | $634.23M | $548.49M | $470.98M | $436.98M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$204.50M | -$241.07M | -$273.17M | -$347.92M | -$103.33M | -$492.74M | -$596.03M | -$134.58M | -$676.66M | -$124.02M |
| Financing cash flow | -$242.65M | -$577.04M | -$914.00M | -$493.14M | $434.66M | $376.23M | -$99.56M | -$350.72M | $255.62M | -$281.43M |
| Net change in cash | $119.36M | -$236.03M | -$553.01M | -$132.47M | $856.49M | $283.70M | -$66.65M | $57.38M | $53.72M | $32.44M |
| Stock-based compensation | $33.96M | $26.80M | $25.41M | $24.88M | $24.40M | $21.02M | $19.86M | $19.04M | $18.32M | $17.02M |
| Common dividends paid | $328.17M | $323.68M | $314.35M | $225.79M | $0 | $212.73M | $260.57M | $204.16M | $146.24M | $103.84M |
| Common share repurchases | $270.00M | $150.00M | $500.00M | $75.01M | $0 | $46.42M | $85.00M | $25.80M | $210.00K | $53.79M |
| Depreciation & amortization | $296.44M | $279.07M | $269.18M | $252.39M | $252.58M | $249.57M | $218.12M | $204.46M | $189.16M | $161.49M |
Derived
| Metric | 2025-07-31 | 2024-07-31 | 2023-07-31 | 2022-07-31 | 2021-07-31 | 2020-07-31 | 2019-07-31 | 2018-07-31 | 2017-07-31 | 2016-07-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 18.9% | 16.9% | 17.5% | 23.8% | 13.7% | 11.4% | 21.0% | 20.3% | 19.9% | 17.7% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 1.1% | 0.9% | 0.9% | 1.0% | 1.3% | 1.1% | 0.9% | 0.9% | 1.0% | 1.1% |
| Current ratio | 0.63x | 0.82x | 1.07x | 1.61x | 1.78x | 1.10x | 0.73x | 0.91x | 0.72x | 0.64x |
| Revenue YoY growth | 2.7% | -0.1% | 14.4% | 32.3% | -2.7% | -13.6% | 12.9% | 5.5% | 19.1% | Unavailable |
| Net margin | 9.4% | 8.0% | 9.2% | 13.8% | 6.7% | 5.0% | 13.3% | 18.9% | 11.0% | 9.4% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 3.44x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 25.9% | 27.3% | 23.7% | 19.4% | 0.6% | 6.3% | 18.9% | -18.0% | 33.5% | 38.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MTN in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-06-08View SEC filing
10-Q · Filed 2026-03-09View SEC filing
10-Q · Filed 2025-12-10View SEC filing
10-K · Filed 2025-09-29View SEC filing
10-Q · Filed 2025-06-05View SEC filing
10-Q · Filed 2025-03-10View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2022-07-31
Difference 11982000 exceeds tolerance 6318028.000. Presentation or filing-vintage differences need review.