Vail Resorts (MTN) EBT Margin (2009 - 2026)
Vail Resorts (MTN) posted EBT Margin of 36.99% for fiscal Q3 2026 (quarter ended Apr 30, 2026), down 4.79 percentage points from 41.79% a year earlier but up 9.49 percentage points from the prior quarter.
Vail Resorts (MTN) EBT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Apr 30, 2026, EBT Margin at Vail Resorts was 8.67%, down 4.99 percentage points year-over-year; for FY2025 (ended Jul 31, 2025), it was 13.57%, up 1.80 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of +7.65 percentage points (FY2020 to FY2025).
- In prior fiscal years, Vail Resorts' EBT Margin was 11.78% in FY2024 (-1.04 pp), 12.82% in FY2023 (-5.28 pp), 18.10% in FY2022 (+11.54 pp) and 6.56% in FY2021 (+0.63 pp).
- Quarterly EBT Margin has run from a low of -115.26% in fiscal Q1 2022 to a high of 42.90% in fiscal Q3 2022 over five years.
- On a year-over-year basis, EBT Margin has declined in each of the last three quarters, with an average year-over-year change of -2.56 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was fiscal Q4 2021, with a gain of 152.90 percentage points; the weakest was fiscal Q1 2024, with a drop of 23.86 percentage points.
- According to Business Quant data, EBT Margin for the three prior fiscal quarters was 27.50% (Q2 2026), -94.85% (Q1 2026) and -89.03% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 14.62% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | -4.98% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | -6.91% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 12.08% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 15.54% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 10.70% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 9.29% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | -1.77% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 24.56% |
| 10 | Vail Resorts | 4.92 Bn | 3.51 Bn | - | 36.99% |
Historic 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% |
Vail Resorts EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=MTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "MTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();