Sign in

VAIL RESORTS (MTN)

Earnings summaries and quarterly performance for VAIL RESORTS.

Research analysts who have asked questions during VAIL RESORTS earnings calls.

Brandt Montour

Barclays PLC

8 questions for MTN

Also covers: BALY, BYD, CCL +23 more

Chris Woronka

Deutsche Bank AG

8 questions for MTN

Also covers: CAR, DRH, FUN +13 more

David Katz

Jefferies Financial Group Inc.

8 questions for MTN

Also covers: AGS, BALY, BYD +34 more

Jeffrey Stantial

Stifel Financial Corp.

8 questions for MTN

Also covers: AGS, BALY, BRAG +9 more

Shaun Kelley

Bank of America Merrill Lynch

8 questions for MTN

Also covers: BYD, CHDN, CHH +16 more

Laurent Vasilescu

BNP Paribas S.A.

7 questions for MTN

Also covers: AS, BIRK, CLAR +9 more

Benjamin Chaiken

Mizuho Financial Group, Inc.

5 questions for MTN

Also covers: BYD, CCL, CHDN +14 more

Arpine Kocharian

UBS Group AG

4 questions for MTN

Also covers: FUN, MAT, PRKS +1 more

Stephen Grambling

Morgan Stanley

4 questions for MTN

Also covers: BC, BYD, CHH +21 more

Arpine Kocharyan

UBS

3 questions for MTN

Also covers: FUN, HAS, LTH +2 more

Ben Chaiken

Mitsui

3 questions for MTN

Also covers: CCL, CHDN, DKNG +6 more

Charles Scholes

Not Disclosed

3 questions for MTN

Also covers: ABNB, CERT, CHH +8 more

Patrick Scholes

Truist Financial Corporation

3 questions for MTN

Also covers: CCL, CHH, CUK +12 more

Matthew Boss

JPMorgan Chase & Co.

2 questions for MTN

Also covers: , AEO, ANF +38 more

Megan Alexander

Morgan Stanley

2 questions for MTN

Also covers: BC, GOLF, HOG +5 more

C. Patrick Scholes

Truist Securities

1 question for MTN

Also covers: CHH, H, HGV +3 more

Megan Christine Alexander

Morgan Stanley

1 question for MTN

Also covers: BC, CAG, COOK +15 more

Megan Clapp

Morgan Stanley

1 question for MTN

Also covers: BRBR, CPB, GIS +13 more

Paul Golding

Macquarie Capital

1 question for MTN

Also covers: CIFR, CLSK, CORZ +11 more

Xian Siew

BNP Paribas

1 question for MTN

Also covers: BC, DOOO, MANU +3 more

Recent press releases and 8-K filings for MTN.

Vail Resorts Reports Q4 2025 Results and Fiscal 2026 Guidance
MTN
Earnings
Guidance Update
Share Buyback
  • Vail Resorts reported $844 million in resort reported EBITDA for fiscal 2025, representing 2% growth compared to the prior year, despite a 3% decline in total skier visits across North American resorts.
  • For fiscal year 2026, the company expects net income attributable to Vail Resorts to be between $201 million and $276 million and reported EBITDA between $842 million and $898 million. This guidance includes $38 million of incremental efficiencies from the Resource Efficiency Transformation Plan, which is expected to exceed $100 million in annualized cost efficiencies by the end of fiscal 2026.
  • Season pass sales for the upcoming North American ski season, as of September 19, 2025, decreased approximately 3% in units but increased approximately 1% in sales dollars compared to the prior year period.
  • The company is implementing strategic changes, including the introduction of Epic Friend Tickets to drive discounted lift ticket sales and future pass conversions, and investing in technology enhancements for the My Epic app, such as new in-app commerce functionality.
  • During the quarter, Vail Resorts repurchased approximately 1.29 million shares for $200 million at an average price of approximately $156 per share and declared a quarterly cash dividend of $2.22 per share.
Sep 29, 2025, 9:00 PM
Vail Resorts Reports Fiscal 2025 Results, Provides Fiscal 2026 Outlook, and Updates on Pass Sales
MTN
Earnings
Guidance Update
Demand Weakening
  • Vail Resorts reported net income attributable to Vail Resorts, Inc. of $280.0 million and Resort Reported EBITDA of $844.1 million for fiscal year 2025.
  • For fiscal year 2026, the company expects net income attributable to Vail Resorts, Inc. to be between $201 million and $276 million, and Resort Reported EBITDA to be between $842 million and $898 million.
  • Pass product sales for the upcoming 2025/2026 North American ski season, through September 19, 2025, decreased approximately 3% in units but increased approximately 1% in sales dollars compared to the prior year period.
  • The company declared a quarterly cash dividend of $2.22 per share and repurchased approximately 1.29 million shares for $200 million during the quarter, contributing to a total of 1.69 million shares repurchased for $270 million for the full fiscal year.
  • Management stated that fiscal 2025 results were "below expectations" and pass sales growth was "limited," but expressed confidence in returning to "higher growth in fiscal year 2027 and beyond" through strategic adjustments.
Sep 29, 2025, 8:07 PM
Vail Resorts Reports Fiscal 2025 Results and Provides Fiscal 2026 Outlook
MTN
Earnings
Guidance Update
Share Buyback
  • Vail Resorts reported net income attributable to Vail Resorts, Inc. of $280.0 million and Resort Reported EBITDA of $844.1 million for fiscal year 2025.
  • For fiscal year 2026, the company provided guidance expecting net income attributable to Vail Resorts, Inc. to be between $201 million and $276 million and Resort Reported EBITDA between $842 million and $898 million.
  • Pass product sales for the upcoming 2025/2026 North American ski season, through September 19, 2025, decreased approximately 3% in units but increased approximately 1% in sales dollars compared to the prior year period.
  • The company declared a quarterly cash dividend of $2.22 per share payable on October 27, 2025, and repurchased approximately 1.29 million shares for $200 million during the quarter, contributing to a total of $270 million in repurchases for the full fiscal year.
  • Vail Resorts completed an offering of $500 million aggregate principal amount of 5.625% Senior Notes due 2030 on July 2, 2025.
Sep 29, 2025, 8:05 PM