Vail Resorts (MTN) Invested Capital (2009 - 2026)
Vail Resorts (MTN) posted Invested Capital of $3.74 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 5.2% from $3.95 billion a year earlier and down 5.0% from the prior quarter.
Vail Resorts (MTN) Invested Capital (2009 - 2026) Analysis & Trends
Since fiscal Q1 2010, Vail Resorts has reported Invested Capital for 68 quarters.
- Annual Invested Capital shows a five-year compound annual growth rate of -4.4% (FY2021 to FY2026).
- In prior fiscal years, Vail Resorts' Invested Capital was $3.95 billion in FY2025 (+3.5%), $3.82 billion in FY2024 (-7.9%), $4.14 billion in FY2023 (-9.4%) and $4.57 billion in FY2022 (-2.3%).
- Quarterly Invested Capital has run from a low of $3.51 billion in fiscal Q1 2025 to a high of $4.82 billion in fiscal Q3 2022 over five years.
- On a year-over-year basis, Invested Capital increased in four of the last eight quarters, with an average decline of 2.1%.
- The strongest year-over-year quarter for Invested Capital in the past five years was fiscal Q1 2022, with growth of 17.2%; the weakest was fiscal Q1 2024, with a decline of 15.0%.
- According to Business Quant data, Invested Capital for the three prior fiscal quarters was $3.94 billion (Q3 2026), $3.58 billion (Q2 2026) and $3.64 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.36 Bn | 10.96 Bn | 1.47 Bn | 15.10 Bn |
| 2 | Flutter Entertainment | 15.34 Bn | 8.71 Bn | 1.71 Bn | 20.96 Bn |
| 3 | DraftKings | 10.82 Bn | 6.48 Bn | 551.45 Mn | 1.14 Bn |
| 4 | Life Time Group Holdings | 9.81 Bn | 9.81 Bn | - | - |
| 5 | Wynn Resorts | 7.99 Bn | 2.28 Bn | 758.95 Mn | 9.82 Bn |
| 6 | MGM Resorts International | 7.68 Bn | -1.62 Bn | 1.73 Bn | 9.04 Bn |
| 7 | Madison Square Garden Sports | 7.23 Bn | 6.83 Bn | 119.21 Mn | -4.80 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 5.43 Bn |
| 9 | Churchill Downs | 6.96 Bn | 6.20 Bn | 207.00 Mn | 6.10 Bn |
| 10 | Vail Resorts | 5.53 Bn | 3.93 Bn | - | 3.74 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.74 Bn |
| Apr 30, 2026 | 3.94 Bn |
| Jan 31, 2026 | 3.58 Bn |
| Oct 31, 2025 | 3.64 Bn |
| Jul 31, 2025 | 3.95 Bn |
| Apr 30, 2025 | 3.93 Bn |
| Jan 31, 2025 | 3.52 Bn |
| Oct 31, 2024 | 3.51 Bn |
| Jul 31, 2024 | 3.82 Bn |
| Apr 30, 2024 | 4.09 Bn |
| Jan 31, 2024 | 3.94 Bn |
| Oct 31, 2023 | 3.73 Bn |
| Jul 31, 2023 | 4.14 Bn |
| Apr 30, 2023 | 4.44 Bn |
| Jan 31, 2023 | 4.64 Bn |
| Oct 31, 2022 | 4.39 Bn |
| Jul 31, 2022 | 4.57 Bn |
| Apr 30, 2022 | 4.82 Bn |
| Jan 31, 2022 | 4.55 Bn |
| Oct 31, 2021 | 4.49 Bn |
Vail Resorts Invested Capital 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=invested-capital&ticker=MTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();