Growth Metrics

Vail Resorts (MTN) Net Margin (2016 - 2026)

Vail Resorts' Net Margin history spans 18 years, with the latest figure at 20.84% for Q1 2026.

  • For Q1 2026, Net Margin fell 176.0% year-over-year to 20.84%; the TTM value through Jan 2026 reached 8.58%, down 76.0%, while the annual FY2025 figure was 10.05%, 149.0% up from the prior year.
  • Net Margin reached 20.84% in Q1 2026 per MTN's latest filing, up from 72.49% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 32.85% in Q2 2022 to a low of 72.49% in Q4 2025.
  • Average Net Margin over 5 years is 15.47%, with a median of 19.98% recorded in 2023.
  • Peak YoY movement for Net Margin: skyrocketed 2993bps in 2022, then crashed -1942bps in 2023.
  • A 5-year view of Net Margin shows it stood at 51.37% in 2022, then tumbled by -38bps to 70.79% in 2023, then rose by 1bps to 69.91% in 2024, then fell by -4bps to 72.49% in 2025, then soared by 129bps to 20.84% in 2026.
  • Per Business Quant, the three most recent readings for MTN's Net Margin are 20.84% (Q1 2026), 72.49% (Q4 2025), and 71.11% (Q3 2025).