For Q3 FY2026 ended April 30, 2026, Vail Resorts reported revenue of $1.205 billion, down 7.0% year-over-year. Net income was $314.4 million, a decline of 19.3% from the prior year. Operating income fell 14.5% to $494.1 million, and diluted EPS decreased 15.8% to $8.81. The company held $371.4 million in cash, with total equity of $551.7 million and long-term debt of $3.022 billion.
•Revenue decreased 7.0% YoY to $1.205 billion.
•Net income fell 19.3% YoY to $314.4 million.
•Diluted EPS dropped 15.8% to $8.81.
•Long-term debt stood at $3.022 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Vail Resorts, Inc., together with its subsidiaries, operates mountain resorts and regional ski areas in the United States and internationally. It operates in three segments: Mountain, Lodging, and Real Estate.
The Mountain segment operates destination mountain resorts and regional ski areas. This segment is also involved in ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities. Its lodging segment owns and manages various luxury hotels and condominiums under the RockResorts brand.
Its portfolio also includes operates other lodging properties and various condominiums, and offers resort ground transportation services. The Real Estate segment owns, develops, and sells real estate properties. Founded in 1962, Vail Resorts is based in Broomfield, Colorado.
Vail Resorts, Inc., together with its subsidiaries, operates mountain resorts and regional ski areas in the United States and internationally. The company runs destination mountain resorts and regional ski areas, and offers ancillary activities such as ski school, dining, and retail/rental operations. It also provides real estate brokerage services. Through its Lodging segment, Vail Resorts owns and manages luxury hotels and condominiums under the RockResorts brand, operates other lodging properties and condominiums, and offers resort ground transportation. The Real Estate segment is involved in owning, developing, and selling real estate properties. Founded in 1962, the company is headquartered in Broomfield, Colorado.
Where is Vail Resorts (MTN) listed and what currency does it trade in?
Vail Resorts, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MTN. The company's stock trades in U.S. dollars (USD), as it is based in the United States. Being listed on the NYSE provides investors with access to one of the world's largest and most liquid stock exchanges, and the use of USD facilitates trading for domestic and international investors alike.
What sector and industry does Vail Resorts (MTN) operate in?
Vail Resorts, Inc. operates in the Consumer Cyclical sector, specifically within the Resorts & Casinos industry. This classification reflects the company's focus on leisure and hospitality services, particularly mountain resort operations. As a consumer cyclical company, Vail Resorts' performance is closely tied to the health of the economy, with demand for its services typically rising during periods of economic growth and discretionary spending. The Resorts & Casinos industry encompasses businesses that provide accommodation, entertainment, and recreational activities, which aligns with Vail's mountain resorts, lodging, and related offerings.
Where is Vail Resorts headquartered and what markets does it serve?
Vail Resorts, Inc. is headquartered in Broomfield, Colorado, United States. The company operates mountain resorts and regional ski areas both in the United States and internationally. While the summary does not specify all locations, its U.S. operations include well-known destinations such as Vail Mountain in Colorado. Internationally, Vail Resorts has expanded its footprint to include resorts in other countries, though specific international locations are not detailed in the provided data. The company serves a broad customer base ranging from local skiers to international tourists visiting its destination resorts.
How does Vail Resorts (MTN) make money?
Vail Resorts generates revenue through three main segments: Mountain, Lodging, and Real Estate. The Mountain segment is the primary driver, operating destination mountain resorts and regional ski areas, and earning income from lift ticket sales, ski school lessons, dining, and retail/rental operations, as well as real estate brokerage. The Lodging segment owns and manages luxury hotels and condominiums under the RockResorts brand, along with other lodging properties and condominiums, and provides resort ground transportation services. The Real Estate segment generates revenue by owning, developing, and selling real estate properties. This diversified business model allows Vail Resorts to capture value from both the core skiing experience and complementary hospitality and real estate activities.