Vail Resorts (MTN) Operating Income (2009 - 2026)
Vail Resorts (MTN) reported Operating Income of -$208.81 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), compared with -$199.05 million a year earlier.
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Analysis
Vail Resorts (MTN) Operating Income (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Vail Resorts posted Operating Income of $420.54 million, down 24.9% from FY2025.
- Operating Income has a five-year compound annual growth rate of 10.0% (FY2021 to FY2026).
- By fiscal year, Operating Income came in at $559.96 million in FY2025 (+14.5%), $488.85 million in FY2024 (-3.1%), $504.42 million in FY2023 (-16.2%) and $601.73 million in FY2022 (+130.5%).
- Five-year quarterly Operating Income spans a low of -$209.82 million in fiscal Q1 2026 and a high of $577.77 million in fiscal Q3 2025.
- Year over year, Operating Income gained in two of the last four quarters, with an average decline of 2.4%.
- The high point for year-over-year Operating Income in five years was fiscal Q2 2022 (growth of 56.5%); the low point was fiscal Q3 2026 (a decline of 14.5%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $494.13 million (Q3 2026), $345.05 million (Q2 2026) and -$209.82 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 618.00 Mn |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -68.17 Mn |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -144.00 Mn |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | 32.15 Mn |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 149.71 Mn |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 297.59 Mn |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 503.64 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 223.00 Mn |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 513.00 Mn |
| 10 | Vail Resorts | 5.03 Bn | 3.74 Bn | - | -208.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -208.81 Mn |
| Apr 30, 2026 | 494.13 Mn |
| Jan 31, 2026 | 345.05 Mn |
| Oct 31, 2025 | -209.82 Mn |
| Jul 31, 2025 | -199.05 Mn |
| Apr 30, 2025 | 577.77 Mn |
| Jan 31, 2025 | 383.17 Mn |
| Oct 31, 2024 | -201.93 Mn |
| Jul 31, 2024 | -201.28 Mn |
| Apr 30, 2024 | 546.63 Mn |
| Jan 31, 2024 | 350.55 Mn |
| Oct 31, 2023 | -207.06 Mn |
| Jul 31, 2023 | -160.78 Mn |
| Apr 30, 2023 | 500.53 Mn |
| Jan 31, 2023 | 328.03 Mn |
| Oct 31, 2022 | -163.36 Mn |
| Jul 31, 2022 | -98.12 Mn |
| Apr 30, 2022 | 540.38 Mn |
| Jan 31, 2022 | 325.14 Mn |
| Oct 31, 2021 | -165.67 Mn |
API Access
Vail Resorts Operating Income 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=operating-income&ticker=MTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();