Vail Resorts (MTN) Invested Capital (2009 - 2026)
Vail Resorts (MTN) posted Invested Capital of $3.94 billion for fiscal Q3 2026 (quarter ended Apr 30, 2026), up 0.3% from $3.93 billion a year earlier and up 10.2% from the prior quarter.
Vail Resorts (MTN) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Jul 31, 2025), Vail Resorts' Invested Capital came in at $3.95 billion, up 3.5% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- In prior fiscal years, Vail Resorts' Invested Capital was $3.82 billion in FY2024 (-7.9%), $4.14 billion in FY2023 (-9.4%), $4.57 billion in FY2022 (-2.3%) and $4.68 billion in FY2021 (+17.5%).
- 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 has increased in each of the last four quarters, with an average decline of 2.4% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was fiscal Q4 2021, with growth of 17.5%; 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 $3.58 billion (Q2 2026), $3.64 billion (Q1 2026) and $3.95 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 16.16 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 1.14 Bn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 20.96 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | -4.80 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 4.80 Bn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 9.82 Bn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 9.44 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 15.25 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 857.00 Mn |
| 10 | Vail Resorts | 4.89 Bn | 3.60 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();