Vail Resorts (MTN) EBITDA (2009 - 2026)
Vail Resorts' (MTN) quarterly EBITDA came in at $494.1 million in Q2 2026, down 14.48% YoY from $577.8 million in Q2 2025, and up 43.21% on a QoQ basis from $345.0 million in Q1 2026.
Vail Resorts (MTN) EBITDA (2009 - 2026) Analysis & Trends
Vail Resorts' EBITDA history runs 18 years deep, the most recent figure standing at $494.1 million for Q2 2026.
- On a quarterly basis, EBITDA fell 14.48% year-over-year to $494.1 million in Q2 2026; TTM through Apr 2026 was $430.3 million, a 22.85% decrease from a year earlier, with the FY2025 full-year figure at $852.2 million, up 11.65% from the prior year.
- EBITDA was $494.1 million for Q2 2026 at Vail Resorts, up from $345.0 million in the prior quarter.
- Over the last five years, EBITDA for MTN reached as high as $577.8 million in Q2 2025 and fell as low as -$209.8 million in Q4 2025.
- A 5-year average of $163.9 million and a median of $326.6 million in 2022 frame the typical range for EBITDA.
- The widest annual swing landed in 2022, when EBITDA soared 56.53%; it then slumped 63.86% in 2023.
- Tracing MTN's EBITDA over 5 years: stood at -$163.4 million in 2022, then dropped by 26.75% to -$207.1 million in 2023, then gained by 2.48% to -$201.9 million in 2024, then slipped by 3.91% to -$209.8 million in 2025, then surged by 335.5% to $494.1 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $494.1 million, $345.0 million, and -$209.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | 430.20 Mn |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 380.98 Mn |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | 254.33 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 813.00 Mn |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 494.13 Mn |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | -38.00 Mn |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 143.68 Mn |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | 60.00 Mn |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 97.10 Mn |
| 10 | Monarch Casino & Resort | 2.34 Bn | 2.22 Bn | 34.95 Mn | -66.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 494.13 Mn |
| Jan 31, 2026 | 345.05 Mn |
| Oct 31, 2025 | -209.82 Mn |
| Jul 31, 2025 | -199.05 Mn |
| Apr 30, 2025 | 577.77 Mn |
| Jan 31, 2025 | 383.17 Mn |
| Oct 31, 2024 | -201.93 Mn |
| Jul 31, 2024 | -201.28 Mn |
| Apr 30, 2024 | 546.63 Mn |
| Jan 31, 2024 | 350.55 Mn |
| Oct 31, 2023 | -207.06 Mn |
| Jul 31, 2023 | -160.78 Mn |
| Apr 30, 2023 | 500.53 Mn |
| Jan 31, 2023 | 328.03 Mn |
| Oct 31, 2022 | -163.36 Mn |
| Jul 31, 2022 | -98.12 Mn |
| Apr 30, 2022 | 540.38 Mn |
| Jan 31, 2022 | 325.14 Mn |
| Oct 31, 2021 | -165.67 Mn |
| Jul 31, 2021 | -170.44 Mn |