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Vail Resorts MTN Debt-to-equity

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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%
CapEx$35.1M+5.5%
Free cash flow$185.0M-26.4%

Valuation

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Market cap$5.23B-5.6%
Enterprise value$8.11B-15.0%
P/E7.2×
P/S1.9×0.0×

Profitability

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Operating margin21.5%
Net margin12.8%
FCF margin10.2%

Returns & leverage

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Return on equity17.5%
Current ratio0.9×+0.3×

Where this comes from

Calculated from Vail Resorts’s reported figures.

Based on the most recent quarter.

The source filing: Vail Resorts’s 10-Q, filed June 8, 2026. Open the filing →

Filed
Jun 8, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000812011-26-000026

FAQ

What is Vail Resorts's debt-to-equity?
Vail Resorts (MTN) reported debt-to-equity of 5.9× in Q1 2026.
How has Vail Resorts's debt-to-equity changed year-over-year?
Vail Resorts's debt-to-equity increased by 76.3% year-over-year, from 3.4× to 5.9×.
What is the long-term trend for Vail Resorts's debt-to-equity?
Over 4 years (2021 to 2025), Vail Resorts's debt-to-equity has grown at a 48.7% compound annual growth rate (CAGR), from 2.1× to 10.5×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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