Vail Resorts (MTN) Operating Expenses (2010 - 2015)
Vail Resorts (MTN) posted Operating Expenses of $351.6 million for Q2 2015, down 5.02% on a QoQ basis from $370.2 million in Q1 2015, and up 3.45% year-over-year from $339.9 million in Q2 2014.
Vail Resorts (MTN) Operating Expenses (2010 - 2015) Analysis & Trends
Vail Resorts' Operating Expenses history runs 6 years deep, the most recent figure standing at $351.6 million for Q2 2015.
- Quarterly Operating Expenses rose 3.45% year-over-year to $351.6 million in Q2 2015, while the trailing twelve-month figure through Jan 2016 was $351.6 million (down 70.16% YoY) and the FY2014 annual result came in at $1.1 billion, up 11.09% from the prior year.
- Operating Expenses was $351.6 million for Q2 2015 at Vail Resorts, down from $370.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $370.2 million in Q1 2015 and bottomed at $186.5 million in Q3 2011.
- A 5-year average of $269.6 million and a median of $281.7 million in 2011 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2011 — Operating Expenses sank 34.27% — and 2014, when it gained 17.12%.
- Vail Resorts' Operating Expenses stood at $200.7 million in 2011, then rose by 2.94% to $206.6 million in 2012, then rose by 9.12% to $225.5 million in 2013, then gained by 5.57% to $238.0 million in 2014, then jumped by 47.7% to $351.6 million in 2015.
- Business Quant data shows MTN's Operating Expenses at $351.6 million in Q2 2015, $370.2 million in Q1 2015, and $238.0 million in Q4 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 2.68 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 4.16 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 1.57 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 833.36 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -1.19 Bn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 2.37 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 1.14 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 363.64 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -148.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2015 | 351.59 Mn |
| Jan 31, 2015 | 370.17 Mn |
| Oct 31, 2014 | 238.04 Mn |
| Jul 31, 2014 | 229.98 Mn |
| Apr 30, 2014 | 339.88 Mn |
| Jan 31, 2014 | 342.03 Mn |
| Oct 31, 2013 | 225.50 Mn |
| Jul 31, 2013 | 196.36 Mn |
| Apr 30, 2013 | 304.35 Mn |
| Jan 31, 2013 | 316.49 Mn |
| Oct 31, 2012 | 206.65 Mn |
| Jul 31, 2012 | 194.46 Mn |
| Apr 30, 2012 | 280.74 Mn |
| Jan 31, 2012 | 289.11 Mn |
| Oct 31, 2011 | 200.75 Mn |
| Jul 31, 2011 | 186.50 Mn |
| Apr 30, 2011 | 282.62 Mn |
| Jan 31, 2011 | 298.04 Mn |
| Oct 31, 2010 | 305.41 Mn |