Vail Resorts (MTN) Operating Leases (2019 - 2026)

Vail Resorts' Operating Leases history runs 8 years deep, the most recent figure standing at $198.4 million for Q2 2026.

• Quarterly Operating Leases fell 9.94% year-over-year to $198.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $198.4 million (down 9.94% YoY) and the FY2025 annual result came in at $215.1 million, down 8.52% from the prior year.
• Operating Leases was $198.4 million for Q2 2026 at Vail Resorts, down from $211.9 million in the prior quarter.
• Across five years, Operating Leases topped out at $235.1 million in Q3 2024 and bottomed at $154.9 million in Q2 2024.
• A 5-year average of $193.9 million and a median of $186.5 million in 2022 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2024 — Operating Leases fell 11.17% — and 2025, when it surged 42.24%.
• Vail Resorts' Operating Leases stood at $176.6 million in 2022, then retreated by 6.3% to $165.5 million in 2023, then jumped by 41.98% to $234.9 million in 2024, then declined by 10.1% to $211.2 million in 2025, then decreased by 6.05% to $198.4 million in 2026.
• Business Quant data shows MTN's Operating Leases at $198.4 million in Q2 2026, $211.9 million in Q1 2026, and $211.2 million in Q4 2025.