Vail Resorts (MTN) Shares Outstanding (2009 - 2026)
Vail Resorts (MTN) reported Shares Outstanding of 35.63 million for fiscal Q3 2026 (quarter ended Apr 30, 2026), down 4.3% from 37.24 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Vail Resorts (MTN) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025 (ended Jul 31, 2025), Vail Resorts posted Shares Outstanding of 37.16 million, down 1.9% from FY2024.
- Shares Outstanding has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- By fiscal year, Shares Outstanding came in at 37.87 million in FY2024 (-4.5%), 39.65 million in FY2023 (-2.0%), 40.47 million in FY2022 (+0.4%) and 40.3 million in FY2021 (+0.1%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to fiscal Q1 2010.
- Year over year, Shares Outstanding has now declined in each of the last 15 quarters, with an average decline of 3.0% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was fiscal Q3 2022 (growth of 0.7%); the low point was fiscal Q2 2024 (a decline of 5.9%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 35.75 million (Q2 2026), 35.91 million (Q1 2026) and 37.16 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 654.00 Mn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 496.09 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 175.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 24.15 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 222.63 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 102.57 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 254.02 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 204.00 Mn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 505.34 Mn |
| 10 | Vail Resorts | 4.89 Bn | 3.60 Bn | - | 35.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 35.73 Mn |
| Apr 30, 2026 | 35.63 Mn |
| Jan 31, 2026 | 35.75 Mn |
| Oct 31, 2025 | 35.91 Mn |
| Jul 31, 2025 | 37.16 Mn |
| Apr 30, 2025 | 37.24 Mn |
| Jan 31, 2025 | 37.38 Mn |
| Oct 31, 2024 | 37.47 Mn |
| Jul 31, 2024 | 37.87 Mn |
| Apr 30, 2024 | 37.84 Mn |
| Jan 31, 2024 | 37.97 Mn |
| Oct 31, 2023 | 38.12 Mn |
| Jul 31, 2023 | 39.65 Mn |
| Apr 30, 2023 | 39.62 Mn |
| Jan 31, 2023 | 40.33 Mn |
| Oct 31, 2022 | 40.30 Mn |
| Jul 31, 2022 | 40.47 Mn |
| Apr 30, 2022 | 40.57 Mn |
| Jan 31, 2022 | 40.54 Mn |
| Oct 31, 2021 | 40.45 Mn |
API Access
Vail Resorts Shares Outstanding 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=shares-outstanding&ticker=MTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();