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Vail Resorts MTN Lodging Operating Expense — General and Administrative Expense

Other segment segments

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$89.34M-1.5%

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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$5.16B-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:GeneralAndAdministrativeExpense.

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 lodging operating expense — general and administrative expense?
Vail Resorts (MTN) reported lodging operating expense — general and administrative expense of $13.22M in Q1 2026.
How has Vail Resorts's lodging operating expense — general and administrative expense changed year-over-year?
Vail Resorts's lodging operating expense — general and administrative expense decreased by 13.8% year-over-year, from $15.33M to $13.22M.
What is the long-term trend for Vail Resorts's lodging operating expense — general and administrative expense?
Over 2 years (2023 to 2025), Vail Resorts's lodging operating expense — general and administrative expense has grown at a -2.6% compound annual growth rate (CAGR), from $63.56M to $60.31M.
What does lodging operating expense — general and administrative expense mean?
This metric captures the overhead costs associated with managing the lodging segment, excluding direct labor and property-specific operational costs. It typically includes corporate allocations, office expenses, and administrative support functions necessary to run the hospitality portfolio. Tracking these expenses provides insight into the scalability and administrative efficiency of the lodging business.