Vail Resorts (MTN) EBT Margin (2009 - 2026)
Vail Resorts (MTN) reported EBT Margin of 27.5% for Q1 2026, down 265.0% on a YoY basis from 16.67% in Q1 2025, and up 129.0% quarter-over-quarter from 94.85% in Q4 2025.
Vail Resorts (MTN) EBT Margin (2009 - 2026) Analysis & Trends
Vail Resorts has reported EBT Margin for 18 years, with the latest figure at 27.5% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 265.0% year-over-year to 27.5%; the trailing twelve-month figure through Jan 2026 stood at 11.6% (down 107.0% YoY), and the FY2025 full-year result was 13.57%, up 180.0% from the prior year.
- EBT Margin for Q1 2026 stood at 27.5%, up from 94.85% in the prior quarter.
- The five-year high for EBT Margin was 42.9% in Q2 2022, with the low at 95.99% in Q4 2023.
- Historically, EBT Margin has averaged 20.59% across 5 years, with a median of 27.15% in 2023.
- Annual changes were most pronounced in 2022 — EBT Margin soared 5413 bps — and 2023, when it slumped 2386 bps.
- Vail Resorts' EBT Margin stood at 72.13% in 2022, then plunged by 33 bps to 95.99% in 2023, then advanced by 4 bps to 92.34% in 2024, then dropped by 3 bps to 94.85% in 2025, then surged by 129 bps to 27.5% in 2026.
- The last three EBT Margin figures came in at 27.5% (Q1 2026), 94.85% (Q4 2025), and 91.27% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 8.65% |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 13.74% |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 118.58% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -2.47% |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 27.50% |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 5.76% |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 18.89% |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 3.58% |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 0.33% |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | 26.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 27.50% |
| Oct 31, 2025 | -94.85% |
| Jul 31, 2025 | -91.27% |
| Apr 30, 2025 | 42.10% |
| 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% |
| Apr 30, 2021 | 39.84% |