Vail Resorts (MTN) Free Cash Flow (2010 - 2026)
Vail Resorts' Free Cash Flow was -$153.03 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), compared with -$225.67 million a year earlier.
Vail Resorts (MTN) Free Cash Flow (2010 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Free Cash Flow at Vail Resorts came in at $248 million, down 22.4% from FY2025.
- Free Cash Flow shows a five-year compound annual growth rate of -9.6% (FY2021 to FY2026).
- In earlier fiscal years, Free Cash Flow was $319.68 million in FY2025 (-15.4%), $377.83 million in FY2024 (+17.0%), $322.94 million in FY2023 (-37.6%) and $517.68 million in FY2022 (+26.2%).
- Quarterly Free Cash Flow has moved between -$225.67 million (fiscal Q4 2025) and $298.89 million (fiscal Q1 2022) over five years.
- Compared with a year earlier, Free Cash Flow was higher in two of the last five quarters, with growth averaging 2.9%.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q1 2022 (growth of 265.3%); the worst was fiscal Q3 2023 (a decline of 48.2%).
- Per Business Quant data, MTN's Free Cash Flow in the three fiscal quarters before Q4 2026 was -$28.24 million (Q3 2026), $185 million (Q2 2026) and $244.27 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.67 Bn | 10.27 Bn | 1.47 Bn | 589.00 Mn |
| 2 | Flutter Entertainment | 13.80 Bn | 7.17 Bn | 1.71 Bn | 349.00 Mn |
| 3 | DraftKings | 10.27 Bn | 5.93 Bn | 551.45 Mn | 106.85 Mn |
| 4 | Life Time Group Holdings | 9.94 Bn | 9.17 Bn | 412.26 Mn | -53.70 Mn |
| 5 | Wynn Resorts | 7.61 Bn | 1.90 Bn | 758.95 Mn | 338.90 Mn |
| 6 | Madison Square Garden Sports | 7.35 Bn | 6.95 Bn | 119.21 Mn | 57.62 Mn |
| 7 | MGM Resorts International | 7.24 Bn | -2.06 Bn | 1.73 Bn | 310.80 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 158.00 Mn |
| 9 | Churchill Downs | 6.35 Bn | 5.59 Bn | 207.00 Mn | 89.00 Mn |
| 10 | Vail Resorts | 5.49 Bn | 3.89 Bn | - | -153.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -153.03 Mn |
| Apr 30, 2026 | -28.24 Mn |
| Jan 31, 2026 | 185.00 Mn |
| Oct 31, 2025 | 244.27 Mn |
| Jul 31, 2025 | -225.67 Mn |
| Apr 30, 2025 | 82.21 Mn |
| Jan 31, 2025 | 251.41 Mn |
| Oct 31, 2024 | 211.73 Mn |
| Jul 31, 2024 | -148.08 Mn |
| Apr 30, 2024 | 85.03 Mn |
| Jan 31, 2024 | 165.75 Mn |
| Oct 31, 2023 | 275.12 Mn |
| Jul 31, 2023 | -142.68 Mn |
| Apr 30, 2023 | 66.69 Mn |
| Jan 31, 2023 | 190.05 Mn |
| Oct 31, 2022 | 208.89 Mn |
| Jul 31, 2022 | -93.46 Mn |
| Apr 30, 2022 | 128.67 Mn |
| Jan 31, 2022 | 183.58 Mn |
| Oct 31, 2021 | 298.89 Mn |
Vail Resorts Free Cash Flow 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=free-cash-flow&ticker=MTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();