Vail Resorts (MTN) EBIT Margin (2009 - 2026)
Vail Resorts (MTN) reported EBIT Margin of 31.83% for Q1 2026, down 186.0% on a YoY basis from 37.02% in Q1 2025, and up 141.12% quarter-over-quarter from 77.42% in Q4 2025.
Vail Resorts (MTN) EBIT Margin (2009 - 2026) Analysis & Trends
Vail Resorts has reported EBIT Margin for 18 years, with the latest figure at 31.83% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin fell 186.0% year-over-year to 31.83%; the trailing twelve-month figure through Jan 2026 stood at 17.55% (down 32.0% YoY), and the FY2025 full-year result was 18.89%, up 195.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 31.83%, up from 77.42% in the prior quarter.
- The five-year high for EBIT Margin was 45.92% in Q2 2022, with the low at 80.08% in Q4 2023.
- Historically, EBIT Margin has averaged 11.96% across 5 years, with a median of 29.77% in 2023.
- Annual changes were most pronounced in 2022 — EBIT Margin jumped 4674 bps — and 2023, when it plunged 2287 bps.
- Vail Resorts' EBIT Margin stood at 58.46% in 2022, then tumbled by 37 bps to 80.08% in 2023, then rose by 3 bps to 77.58% in 2024, then gained by 0 bps to 77.42% in 2025, then jumped by 141 bps to 31.83% in 2026.
- The last three EBIT Margin figures came in at 31.83% (Q1 2026), 77.42% (Q4 2025), and 75.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 15.22% |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 16.44% |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 195.99% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 17.42% |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 31.83% |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -2.96% |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 28.32% |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 4.77% |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 5.46% |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | -48.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 31.83% |
| Oct 31, 2025 | -77.42% |
| Jul 31, 2025 | -75.05% |
| Apr 30, 2025 | 44.86% |
| Jan 31, 2025 | 33.69% |
| Oct 31, 2024 | -77.58% |
| Jul 31, 2024 | -75.84% |
| Apr 30, 2024 | 42.60% |
| Jan 31, 2024 | 32.52% |
| Oct 31, 2023 | -80.08% |
| Jul 31, 2023 | -59.60% |
| Apr 30, 2023 | 40.42% |
| Jan 31, 2023 | 29.77% |
| Oct 31, 2022 | -58.46% |
| Jul 31, 2022 | -36.73% |
| Apr 30, 2022 | 45.92% |
| Jan 31, 2022 | 35.87% |
| Oct 31, 2021 | -94.36% |
| Jul 31, 2021 | -83.47% |
| Apr 30, 2021 | 43.61% |