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
DateValue
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%