Vail Resorts (MTN) EBITDA (2009 - 2026)
Vail Resorts (MTN) posted EBITDA of $494.1 million for Q2 2026, up 43.21% on a QoQ basis from $345.0 million in Q1 2026, and down 14.48% year-over-year from $577.8 million in Q2 2025.
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.
- Quarterly EBITDA fell 14.48% year-over-year to $494.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $430.3 million (down 22.85% YoY) and the FY2025 annual result came in at $560.0 million, up 14.55% from the prior year.
- EBITDA was $494.1 million for Q2 2026 at Vail Resorts, up from $345.0 million in the prior quarter.
- Across five years, EBITDA topped out at $577.8 million in Q2 2025 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — EBITDA jumped 56.53% — and 2023, when it tumbled 63.86%.
- Vail Resorts' EBITDA stood at -$163.4 million in 2022, then retreated by 26.75% to -$207.1 million in 2023, then grew by 2.48% to -$201.9 million in 2024, then fell by 3.91% to -$209.8 million in 2025, then surged by 335.5% to $494.1 million in 2026.
- Business Quant data shows MTN's EBITDA at $494.1 million in Q2 2026, $345.0 million in Q1 2026, and -$209.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 904.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 301.24 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 282.60 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 163.99 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 380.98 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 500.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 494.13 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 84.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 143.68 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 80.04 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 |