KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Vail Resorts filings provide 18 years of Operating Margin readings, the most recent being 31.83% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 186.0% to 31.83% in Q1 2026 year-over-year; TTM through Jan 2026 was 17.55%, a 32.0% decrease, with the full-year FY2025 number at 18.89%, up 195.0% from a year prior.
  • Operating Margin hit 31.83% in Q1 2026 for Vail Resorts, up from 77.42% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 45.92% in Q2 2022 to a low of 80.08% in Q4 2023.
  • Median Operating Margin over the past 5 years was 29.77% (2023), compared with a mean of 11.96%.
  • Biggest five-year swings in Operating Margin: soared 4674bps in 2022 and later tumbled -2287bps in 2023.
  • Vail Resorts' Operating Margin stood at 58.46% in 2022, then plummeted by -37bps to 80.08% in 2023, then increased by 3bps to 77.58% in 2024, then rose by 0bps to 77.42% in 2025, then soared by 141bps to 31.83% in 2026.
  • The last three reported values for Operating Margin were 31.83% (Q1 2026), 77.42% (Q4 2025), and 75.05% (Q3 2025) per Business Quant data.