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Vail Resorts MTN Lodging — Total Reported EBITDA

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CPAYLodging Payments — Amortization
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CPAYLodging Payments — CapEx
$8.04M+70.0%
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CPAYLodging Payments — Depreciation
$11.64M+208%

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 mtn:EarningBeforeInterestTaxesDepreciationAndAmortization.

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
Mountain equity investment income, net$458$666$389$3,562
Reported EBITDA:
Mountain$579,611$635,437$859,194$948,991
Lodging6,80512,2948,83418,698
Resort586,416647,731868,028967,689
Real Estate(993)6,3516,89419,842
Total Reported EBITDA$585,423$654,082$874,922$987,531
Real estate held for sale or investment$76,439$87,895$76,439$87,895

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

FAQ

What is Vail Resorts's lodging — total reported EBITDA?
Vail Resorts (MTN) reported lodging — total reported EBITDA of $6.81M in Q1 2026.
How has Vail Resorts's lodging — total reported EBITDA changed year-over-year?
Vail Resorts's lodging — total reported EBITDA decreased by 44.6% year-over-year, from $12.29M to $6.81M.
What is the long-term trend for Vail Resorts's lodging — total reported EBITDA?
Over 3 years (2022 to 2025), Vail Resorts's lodging — total reported EBITDA has grown at a -4.8% compound annual growth rate (CAGR), from $26.46M to $22.8M.
What does lodging — total reported EBITDA mean?
Measures the operational profitability of the lodging segment by excluding interest, taxes, depreciation, and amortization. It provides a clear view of the segment's core cash-generating ability before accounting for capital structure and non-cash accounting charges.

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