Growth Metrics

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

Vail Resorts filings provide 18 years of Net Margin readings, the most recent being 20.84% for Q1 2026.

  • On a quarterly basis, Net Margin fell 176.0% to 20.84% in Q1 2026 year-over-year; TTM through Jan 2026 was 8.58%, a 76.0% decrease, with the full-year FY2025 number at 10.05%, up 149.0% from a year prior.
  • Net Margin hit 20.84% in Q1 2026 for Vail Resorts, 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.
  • Median Net Margin over the past 5 years was 19.98% (2023), compared with a mean of 15.47%.
  • Biggest five-year swings in Net Margin: surged 2993bps in 2022 and later plummeted -1942bps in 2023.
  • Vail Resorts' Net Margin 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.
  • The last three reported values for Net Margin were 20.84% (Q1 2026), 72.49% (Q4 2025), and 71.11% (Q3 2025) per Business Quant data.