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Vail Resorts MTN Payroll cost reimbursements — Lodging Revenue Net

Other product segments

Lodging revenue (excluding payroll cost reimbursements)
$70.2M-10.8%
Managed condominium rooms
$28.35M-13.1%
Dining
$13.82M-7.1%
Owned hotel rooms
$12.86M-14.9%
Other
$9.98M+7.2%
Transportation
$5.2M-22.9%
Golf
$0

Similar metrics at other companies

Corpay logo
CPAYLodging Payments — Revenues, net
$111M+0.7%
Marriott International logo
MARReimbursements — Operating Income (Loss)
-$13.5M+1.8%
Travel + Leisure logo
TNLReimbursable revenues — Net revenues
$107M-1.8%
Hilton Worldwide logo
HLTReimbursement Revenue — Revenue
$1.76B+7.7%
Hilton Grand Vacations logo
HGVCost reimbursements — Revenue
$149M+12.0%
Travel + Leisure logo
TNLProperty management fees and reimbursable revenues — Net revenues
$223M0.0%

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$5.07B-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 mtn:LodgingRevenueNet.

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 payroll cost reimbursements — lodging revenue net?
Vail Resorts (MTN) reported payroll cost reimbursements — lodging revenue net of $5.11M in Q1 2026.
How has Vail Resorts's payroll cost reimbursements — lodging revenue net changed year-over-year?
Vail Resorts's payroll cost reimbursements — lodging revenue net increased by 20.7% year-over-year, from $4.24M to $5.11M.
What is the long-term trend for Vail Resorts's payroll cost reimbursements — lodging revenue net?
Over 4 years (2021 to 2025), Vail Resorts's payroll cost reimbursements — lodging revenue net has grown at a 21.5% compound annual growth rate (CAGR), from $6.55M to $14.29M.
What does payroll cost reimbursements — lodging revenue net mean?
This metric represents the revenue recognized from the reimbursement of payroll-related expenses incurred by the lodging segment. It reflects the recovery of labor costs associated with managed properties or specific service arrangements where the company acts as an agent or operator. Tracking this figure helps investors understand the pass-through nature of labor expenses and the operational efficiency of the company's property management business model.