Vail Resorts (MTN) Free Cash Flow (2010 - 2026)
Vail Resorts' (MTN) quarterly Free Cash Flow came in at -$28.2 million in Q2 2026, down 111.68% YoY from $241.7 million in Q2 2025, and down 119.79% on a QoQ basis from $142.7 million in Q1 2026.
Vail Resorts (MTN) Free Cash Flow (2010 - 2026) Analysis & Trends
Vail Resorts (MTN) has 17 years of Free Cash Flow data on file, last reported at -$28.2 million in Q2 2026.
- Quarterly Free Cash Flow fell 111.68% year-over-year to -$28.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $225.2 million (down 59.55% YoY) and the FY2025 annual result came in at $529.1 million, up 40.03% from the prior year.
- Free Cash Flow fell to -$28.2 million in Q2 2026, from $142.7 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $286.5 million in Q4 2025 to a low of -$242.2 million in Q3 2022.
- A 5-year average of $119.0 million and a median of $174.7 million in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 920.01% — and 2025, when it jumped 184.28%.
- Tracing MTN's Free Cash Flow over 5 years: stood at $208.9 million in 2022, then soared by 31.7% to $275.1 million in 2023, then decreased by 23.04% to $211.7 million in 2024, then soared by 35.34% to $286.5 million in 2025, then plunged by 109.86% to -$28.2 million in 2026.
- The last three Free Cash Flow figures came in at -$28.2 million (Q2 2026), $142.7 million (Q1 2026), and $286.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 350.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 317.44 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 338.90 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | 304.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | -165.47 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | -28.24 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | 66.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 116.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 18.16 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 143.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -28.24 Mn |
| Apr 30, 2026 | -28.24 Mn |
| Jan 31, 2026 | 142.72 Mn |
| Jan 31, 2026 | 142.72 Mn |
| Oct 31, 2025 | 286.55 Mn |
| Oct 31, 2025 | 286.55 Mn |
| Jul 31, 2025 | -175.79 Mn |
| Jul 31, 2025 | -175.79 Mn |
| Apr 30, 2025 | 241.73 Mn |
| Apr 30, 2025 | 241.73 Mn |
| Jan 31, 2025 | 251.41 Mn |
| Jan 31, 2025 | 251.41 Mn |
| Oct 31, 2024 | 211.73 Mn |
| Oct 31, 2024 | 211.73 Mn |
| Jul 31, 2024 | -148.08 Mn |
| Jul 31, 2024 | -148.08 Mn |
| Apr 30, 2024 | 85.03 Mn |
| Apr 30, 2024 | 85.03 Mn |
| Jan 31, 2024 | 165.75 Mn |
| Jan 31, 2024 | 165.75 Mn |