Vail Resorts (MTN) EBT (2009 - 2026)
Vail Resorts (MTN) posted EBT of $445.9 million for Q2 2026, up 49.55% on a QoQ basis from $298.1 million in Q1 2026, and down 17.65% year-over-year from $541.4 million in Q2 2025.
Vail Resorts (MTN) EBT (2009 - 2026) Analysis & Trends
Vail Resorts' EBT history runs 18 years deep, the most recent figure standing at $445.9 million for Q2 2026.
- Quarterly EBT fell 17.65% year-over-year to $445.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $245.4 million (down 39.25% YoY) and the FY2025 annual result came in at $402.4 million, up 18.44% from the prior year.
- EBT was $445.9 million for Q2 2026 at Vail Resorts, up from $298.1 million in the prior quarter.
- Across five years, EBT topped out at $541.4 million in Q2 2025 and bottomed at -$257.1 million in Q4 2025.
- A 5-year average of $125.5 million and a median of $292.1 million in 2022 frame the typical range for EBT.
- Annual changes were most pronounced in 2022 — EBT soared 62.16% — and 2023, when it sank 48.3%.
- Vail Resorts' EBT stood at -$201.6 million in 2022, then decreased by 23.14% to -$248.2 million in 2023, then rose by 3.17% to -$240.3 million in 2024, then decreased by 6.96% to -$257.1 million in 2025, then surged by 273.44% to $445.9 million in 2026.
- Business Quant data shows MTN's EBT at $445.9 million in Q2 2026, $298.1 million in Q1 2026, and -$257.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 748.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 202.25 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 160.67 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 137.01 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 78.00 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -71.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 445.85 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 74.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 95.85 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 6.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 445.85 Mn |
| Jan 31, 2026 | 298.13 Mn |
| Oct 31, 2025 | -257.07 Mn |
| Jul 31, 2025 | -241.53 Mn |
| Apr 30, 2025 | 541.39 Mn |
| Jan 31, 2025 | 342.88 Mn |
| Oct 31, 2024 | -240.35 Mn |
| Jul 31, 2024 | -239.99 Mn |
| Apr 30, 2024 | 510.66 Mn |
| Jan 31, 2024 | 317.29 Mn |
| Oct 31, 2023 | -248.21 Mn |
| Jul 31, 2023 | -194.62 Mn |
| Apr 30, 2023 | 467.46 Mn |
| Jan 31, 2023 | 299.15 Mn |
| Oct 31, 2022 | -201.57 Mn |
| Jul 31, 2022 | -131.24 Mn |
| Apr 30, 2022 | 504.79 Mn |
| Jan 31, 2022 | 285.98 Mn |
| Oct 31, 2021 | -202.37 Mn |
| Jul 31, 2021 | -210.86 Mn |