What is Vail Resorts's capex?

Vail Resorts (MTN) reported capex of $35.06M in Q1 2026.

How has Vail Resorts's capex changed year-over-year?

Vail Resorts's capex increased by 5.5% year-over-year, from $33.22M to $35.06M.

What is the long-term trend for Vail Resorts's capex?

Over 4 years (2021 to 2025), Vail Resorts's capex has grown at a 19.6% compound annual growth rate (CAGR), from $115.1M to $235.19M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Vail Resorts MTN CapEx

CapEx at other companies

Marriott InternationalMAR

$130M-3.7%

AramarkARMK

$101.28M-12.5%

Travel + LeisureTNL

$19M-9.5%

Marriott Vacations WorldwideVAC

$8M-42.9%

Wynn ResortsWYNN

$179.06M+12.0%

Red Rock Resorts, Inc.RRR

$117.23M+71.8%

Other financials

Income statement

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Revenue$1.2B-7.0%

Operating income$494.1M-14.5%

Net income$314.4M-19.3%

EPS (diluted)$8.81-15.8%

Balance sheet

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Cash & equivalents$387.3M-19.4%

Total debt$3.3B+10.9%

Total equity$551.7M-37.1%

Total assets$5.7B-1.1%

Cash flow

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Operating cash flow$6.8M-94.1%

Free cash flow$185.0M-26.4%

Valuation

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Market cap$5.16B-13.3%

Profitability

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Operating margin21.5%+6.8pp

Net margin12.8%+6.4pp

FCF margin10.2%—

Returns & leverage

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Return on equity17.5%+10.3pp

Debt / equity5.9×+2.6×

Current ratio0.9×+0.3×

Where this comes from

Reported directly by Vail Resorts in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Vail Resorts’s 10-Q, filed June 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vail Resorts's capex?: Vail Resorts (MTN) reported capex of $35.06M in Q1 2026.
How has Vail Resorts's capex changed year-over-year?: Vail Resorts's capex increased by 5.5% year-over-year, from $33.22M to $35.06M.
What is the long-term trend for Vail Resorts's capex?: Over 4 years (2021 to 2025), Vail Resorts's capex has grown at a 19.6% compound annual growth rate (CAGR), from $115.1M to $235.19M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.