Vail Resorts (MTN) Retained Earnings (2009 - 2026)
Vail Resorts' Retained Earnings was $549.07 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 23.6% from $718.66 million a year earlier and down 32.9% from the prior quarter.
Vail Resorts (MTN) Retained Earnings (2009 - 2026) Analysis & Trends
From fiscal Q1 2010 onward, Vail Resorts has reported Retained Earnings for 68 quarters.
- Retained Earnings has now declined for four consecutive fiscal years, with a five-year compound annual growth rate of -6.6% (FY2021 to FY2026).
- In earlier fiscal years, Retained Earnings was $718.66 million in FY2025 (-6.3%), $766.83 million in FY2024 (-12.2%), $873.71 million in FY2023 (-2.5%) and $895.89 million in FY2022 (+15.8%).
- Quarterly Retained Earnings has moved between $452.1 million (fiscal Q1 2026) and $1.08 billion (fiscal Q3 2022) over five years.
- Compared with a year earlier, Retained Earnings has declined for 13 straight quarters, with an average decline of 13.3% over the last eight quarters.
- The best year-over-year quarter for Retained Earnings over five years was fiscal Q2 2022 (growth of 22.9%); the worst was fiscal Q4 2026 (a decline of 23.6%).
- Per Business Quant data, MTN's Retained Earnings in the three fiscal quarters before Q4 2026 was $818.33 million (Q3 2026), $583 million (Q2 2026) and $452.1 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 22.64 Bn | 9.46 Bn | 1.47 Bn | 5.01 Bn |
| 2 | DraftKings | 18.47 Bn | 14.13 Bn | 551.45 Mn | -6.48 Bn |
| 3 | Flutter Entertainment | 13.58 Bn | 7.33 Bn | 1.71 Bn | 7.84 Bn |
| 4 | Life Time Group Holdings | 9.84 Bn | 9.07 Bn | 412.26 Mn | 142.55 Mn |
| 5 | Madison Square Garden Sports | 9.26 Bn | 8.86 Bn | 119.21 Mn | -129.86 Mn |
| 6 | Wynn Resorts | 7.49 Bn | 1.04 Bn | 758.95 Mn | -1.25 Bn |
| 7 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 353.00 Mn |
| 8 | MGM Resorts International | 7.04 Bn | -1.14 Bn | 1.98 Bn | 2.31 Bn |
| 9 | Caesars Entertainment | 5.88 Bn | 2.47 Bn | 1.44 Bn | - |
| 10 | Vail Resorts | 5.39 Bn | 4.11 Bn | - | 549.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 549.07 Mn |
| Apr 30, 2026 | 818.33 Mn |
| Jan 31, 2026 | 583.00 Mn |
| Oct 31, 2025 | 452.10 Mn |
| Jul 31, 2025 | 718.66 Mn |
| Apr 30, 2025 | 979.23 Mn |
| Jan 31, 2025 | 671.97 Mn |
| Oct 31, 2024 | 510.43 Mn |
| Jul 31, 2024 | 766.83 Mn |
| Apr 30, 2024 | 1.04 Bn |
| Jan 31, 2024 | 760.82 Mn |
| Oct 31, 2023 | 619.73 Mn |
| Jul 31, 2023 | 873.71 Mn |
| Apr 30, 2023 | 1.08 Bn |
| Jan 31, 2023 | 837.57 Mn |
| Oct 31, 2022 | 705.92 Mn |
| Jul 31, 2022 | 895.89 Mn |
| Apr 30, 2022 | 1.08 Bn |
| Jan 31, 2022 | 786.47 Mn |
| Oct 31, 2021 | 598.83 Mn |
Vail Resorts Retained Earnings 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=retained-earnings&ticker=MTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();