Vail Resorts MTN Business Segments
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Total Reported EBITDA by Business | ||||||
| Lodging | $6.81M+879% | -$874K-130% | $2.9M-29.1% | $4.1M-66.7% | $12.29M+501% | |
| Mountain | $579.61M+37.3% | $422.17M+396% | -$142.59M— | —— | $635.44M+38.9% | |
| Real Estate | -$993K+72.3% | -$3.59M-131% | $11.48M— | $0-100% | $6.35M+500% | |
| Lodging Revenue Net by Product | ||||||
| Dining | $13.82M+3.3% | $13.38M-31.0% | $19.38M+8.9% | $17.8M+19.7% | $14.87M+8.1% | |
| Golf | $0— | $0-100% | $7.77M-1.3% | $7.88M— | $0— | |
| Lodging revenue (excluding payroll cost reimbursements) | $70.2M+4.4% | $67.22M-17.9% | $81.87M-6.0% | $87.12M+10.8% | $78.66M+12.1% | |
| Managed condominium rooms | $28.35M+8.6% | $26.09M+169% | $9.69M-4.2% | $10.11M-69.0% | $32.63M+20.5% | |
| Other | $9.98M-2.2% | $10.2M-38.5% | $16.58M-11.3% | $18.7M+101% | $9.31M-10.6% | |
| Owned hotel rooms | $12.86M+0.9% | $12.74M-55.2% | $28.45M-9.9% | $31.57M+109% | $15.1M+12.4% | |
| Payroll cost reimbursements | $5.11M+17.0% | $4.37M+13.9% | $3.84M+21.7% | $3.15M-25.6% | $4.24M+12.3% | |
| Transportation | $5.2M+8.2% | $4.8M— | —— | $1.07M-84.1% | $6.74M+22.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Vail Resorts break its business down?
- Vail Resorts (MTN) reports total reported ebitda by business across 3 parts — Lodging, Mountain and Real Estate. Each is extracted from the segment footnotes and tracked over time.
- Where does Vail Resorts's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Vail Resorts's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.