Vail Resorts (MTN) Land & Improvements (2010 - 2026)
Vail Resorts (MTN) posted Land & Improvements of $809.5 million for Q2 2026, little changed on a QoQ basis from $808.7 million in Q1 2026, and up 0.86% year-over-year from $802.7 million in Q2 2025.
Vail Resorts (MTN) Land & Improvements (2010 - 2026) Analysis & Trends
Vail Resorts' Land & Improvements history runs 17 years deep, the most recent figure standing at $809.5 million for Q2 2026.
- Quarterly Land & Improvements rose 0.86% year-over-year to $809.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $809.5 million (up 0.86% YoY) and the FY2025 annual result came in at $804.7 million, changed 0.03% from the prior year.
- Land & Improvements was $809.5 million for Q2 2026 at Vail Resorts, roughly flat from $808.7 million in the prior quarter.
- Across five years, Land & Improvements topped out at $809.5 million in Q2 2026 and bottomed at $763.4 million in Q3 2022.
- A 5-year average of $793.5 million and a median of $797.1 million in 2023 frame the typical range for Land & Improvements.
- Annual changes were most pronounced in 2023 — Land & Improvements grew 4.36% — and 2025, when it declined 0.79%.
- Vail Resorts' Land & Improvements stood at $781.0 million in 2022, then advanced by 1.23% to $790.6 million in 2023, then gained by 1.86% to $805.2 million in 2024, then slipped by 0.11% to $804.4 million in 2025, then rose by 0.64% to $809.5 million in 2026.
- Business Quant data shows MTN's Land & Improvements at $809.5 million in Q2 2026, $808.7 million in Q1 2026, and $804.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | - |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | - |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 1.24 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | - |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | - |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 809.55 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | - |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | - |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 97.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 809.55 Mn |
| Jan 31, 2026 | 808.69 Mn |
| Oct 31, 2025 | 804.38 Mn |
| Jul 31, 2025 | 804.67 Mn |
| Apr 30, 2025 | 802.65 Mn |
| Jan 31, 2025 | 794.14 Mn |
| Oct 31, 2024 | 805.23 Mn |
| Jul 31, 2024 | 804.41 Mn |
| Apr 30, 2024 | 797.47 Mn |
| Jan 31, 2024 | 800.46 Mn |
| Oct 31, 2023 | 790.55 Mn |
| Jul 31, 2023 | 796.73 Mn |
| Apr 30, 2023 | 791.85 Mn |
| Jan 31, 2023 | 793.27 Mn |
| Oct 31, 2022 | 780.98 Mn |
| Jul 31, 2022 | 763.43 Mn |
| Apr 30, 2022 | 766.42 Mn |
| Jan 31, 2022 | 767.43 Mn |
| Oct 31, 2021 | 757.63 Mn |
| Jul 31, 2021 | 756.52 Mn |