Vail Resorts (MTN) EBT Margin (2009 - 2026)
Vail Resorts (MTN) posted EBT Margin of 36.99% for Q2 2026, up 34.5% on a QoQ basis from 27.5% in Q1 2026, and down 479.0% year-over-year from 9.76% in Q2 2025.
Vail Resorts (MTN) EBT Margin (2009 - 2026) Analysis & Trends
Vail Resorts' EBT Margin history runs 18 years deep, the most recent figure standing at 36.99% for Q2 2026.
- Quarterly EBT Margin fell 479.0% year-over-year to 36.99% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 8.67% (down 499.0% YoY) and the FY2025 annual result came in at 13.57%, up 180.0% from the prior year.
- EBT Margin was 36.99% for Q2 2026 at Vail Resorts, up from 27.5% in the prior quarter.
- Across five years, EBT Margin topped out at 42.9% in Q2 2022 and bottomed at 95.99% in Q4 2023.
- A 5-year average of 17.28% and a median of 27.33% in 2023 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin soared 5413 bps — and 2023, when it sank 2386 bps.
- Vail Resorts' EBT Margin stood at 72.13% in 2022, then slumped by 33 bps to 95.99% in 2023, then grew by 4 bps to 92.34% in 2024, then fell by 3 bps to 94.85% in 2025, then surged by 139 bps to 36.99% in 2026.
- Business Quant data shows MTN's EBT Margin at 36.99% in Q2 2026, 27.5% in Q1 2026, and 94.85% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 20.86% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 4.54% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 8.65% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 13.74% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 118.58% |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -2.47% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 36.99% |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 5.76% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 18.89% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 3.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 36.99% |
| Jan 31, 2026 | 27.50% |
| Oct 31, 2025 | -94.85% |
| Jul 31, 2025 | -89.03% |
| Apr 30, 2025 | 41.79% |
| Jan 31, 2025 | 30.15% |
| Oct 31, 2024 | -92.34% |
| Jul 31, 2024 | -90.43% |
| Apr 30, 2024 | 39.79% |
| Jan 31, 2024 | 29.43% |
| Oct 31, 2023 | -95.99% |
| Jul 31, 2023 | -72.14% |
| Apr 30, 2023 | 37.75% |
| Jan 31, 2023 | 27.15% |
| Oct 31, 2022 | -72.13% |
| Jul 31, 2022 | -49.13% |
| Apr 30, 2022 | 42.90% |
| Jan 31, 2022 | 31.55% |
| Oct 31, 2021 | -115.26% |
| Jul 31, 2021 | -103.26% |