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Vail Resorts MTN Mountain — Total Reported EBITDA

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FGMountain — % of Total
14%+1.0pp

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
Gain on sale of real property$400$7,898$11,458$24,404
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

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

FAQ

What is Vail Resorts's mountain — total reported EBITDA?
Vail Resorts (MTN) reported mountain — total reported EBITDA of $579.61M in Q1 2026.
How has Vail Resorts's mountain — total reported EBITDA changed year-over-year?
Vail Resorts's mountain — total reported EBITDA decreased by 8.8% year-over-year, from $635.44M to $579.61M.
What does mountain — total reported EBITDA mean?
Measures the earnings before interest, taxes, depreciation, and amortization specifically for the Mountain segment. It provides a clear view of the core operational profitability of the ski and resort activities before accounting for capital structure or non-cash accounting charges. This is a primary indicator of the segment's ability to generate cash flow from its core business operations.

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