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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Vail Resorts (MTN) Gross Margin (2016 - 2025)

Vail Resorts' Gross Margin history spans 17 years, with the latest figure at 52.51% for Q4 2025.

  • For Q4 2025, Gross Margin rose 254.0% year-over-year to 52.51%; the TTM value through Oct 2025 reached 27.47%, down 85.0%, while the annual FY2024 figure was 28.39%, 39.0% down from the prior year.
  • Gross Margin reached 52.51% in Q4 2025 per MTN's latest filing, down from 49.83% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 51.74% in Q2 2021 to a low of 63.27% in Q4 2021.
  • Average Gross Margin over 5 years is 2.28%, with a median of 35.96% recorded in 2023.
  • Peak YoY movement for Gross Margin: soared 8575bps in 2021, then plummeted -1962bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 63.27% in 2021, then soared by 45bps to 35.11% in 2022, then plummeted by -56bps to 54.73% in 2023, then decreased by -1bps to 55.05% in 2024, then grew by 5bps to 52.51% in 2025.
  • Per Business Quant, the three most recent readings for MTN's Gross Margin are 52.51% (Q4 2025), 49.83% (Q2 2025), and 40.21% (Q1 2025).