Vail Resorts (MTN) EBT Margin (2009 - 2026)
Vail Resorts' (MTN) quarterly EBT Margin came in at 36.99% in Q2 2026, down 479.0% YoY from 9.76% in Q2 2025, and up 34.5% on a QoQ basis from 27.5% in Q1 2026.
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.
- On a quarterly basis, EBT Margin fell 479.0% year-over-year to 36.99% in Q2 2026; TTM through Apr 2026 was 8.67%, a 499.0% decrease from a year earlier, with the FY2025 full-year figure 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.
- Over the last five years, EBT Margin for MTN reached as high as 42.9% in Q2 2022 and fell as low as 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.
- The widest annual swing landed in 2022, when EBT Margin surged 5413 bps; it then plunged 2386 bps in 2023.
- Tracing MTN's EBT Margin over 5 years: stood at 72.13% in 2022, then sank by 33 bps to 95.99% in 2023, then gained by 4 bps to 92.34% in 2024, then slipped by 3 bps to 94.85% in 2025, then surged by 139 bps to 36.99% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 36.99%, 27.5%, and 94.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | 8.65% |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 118.58% |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | 13.74% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -2.47% |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 36.99% |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | 5.76% |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 18.89% |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | 3.58% |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 0.33% |
| 10 | Monarch Casino & Resort | 2.34 Bn | 2.22 Bn | 34.95 Mn | 26.03% |
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% |