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Vail Resorts MTN Lodging Operating Expense — Other Expenses

Other segment segments

Mountain Operating Expense
$137.6M-4.7%
Real Estate Operating Expense
$1.48M-11.3%

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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%
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:OtherExpenses.

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

Filed
Jun 8, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000812011-26-000026
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025Nine Months Ended April 30, 2026Nine Months Ended April 30, 2025
Labor and labor-related benefits29,25731,14996,987100,845
General and administrative13,22415,33342,32345,820
Reimbursed payroll costs5,1124,23513,31911,139
Other (1)20,91719,88371,14867,268
Total Lodging operating expense68,51070,600223,777225,072
Total Resort operating expense619,135648,3781,692,2931,728,582
Real Estate
Other (1)1,4751,6624,7684,911

Item 6. [Exhibits](#iaa9b09eeb9264d47a42ebc1774906a57_127) [43](#iaa9b09eeb9264d47a42ebc1774906a57_127)

FAQ

What is Vail Resorts's lodging operating expense — other expenses?
Vail Resorts (MTN) reported lodging operating expense — other expenses of $20.92M in Q1 2026.
How has Vail Resorts's lodging operating expense — other expenses changed year-over-year?
Vail Resorts's lodging operating expense — other expenses increased by 5.2% year-over-year, from $19.88M to $20.92M.
What is the long-term trend for Vail Resorts's lodging operating expense — other expenses?
Over 2 years (2023 to 2025), Vail Resorts's lodging operating expense — other expenses has grown at a 0.1% compound annual growth rate (CAGR), from $98.4M to $98.6M.
What does lodging operating expense — other expenses mean?
This metric encompasses miscellaneous operating costs within the lodging segment that do not fall under labor, administrative, or reimbursed categories. It typically includes property maintenance, utilities, supplies, and other variable costs required to maintain hospitality assets. Investors use this to evaluate the underlying cost structure and operational maintenance requirements of the lodging portfolio.

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