Vail Resorts (MTN) Tax Rate (2009 - 2026)

Vail Resorts (MTN) reported Tax Rate of 24.25% for Q1 2026, down 82.0% on a YoY basis from 134.7% in Q1 2025, and up 2.83% quarter-over-quarter from 23.58% in Q4 2025.

Vail Resorts (MTN) Tax Rate (2009 - 2026) Analysis & Trends

Vail Resorts has reported Tax Rate for 18 years, with the latest figure at 24.25% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 82.0% year-over-year to 24.25%; the trailing twelve-month figure through Jan 2026 stood at 25.98% (down 29.0% YoY), and the FY2025 full-year result was 25.95%, down 136.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 24.25%, up from 23.58% in the prior quarter.
  • The five-year high for Tax Rate was 29.64% in Q3 2023, with the low at 16.45% in Q3 2022.
  • Historically, Tax Rate has averaged 24.5% across 5 years, with a median of 24.51% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate slumped 1481 bps — and 2023, when it jumped 1319 bps.
  • Vail Resorts' Tax Rate stood at 28.78% in 2022, then decreased by 9 bps to 26.25% in 2023, then retreated by 7 bps to 24.29% in 2024, then dropped by 3 bps to 23.58% in 2025, then rose by 3 bps to 24.25% in 2026.
  • The last three Tax Rate figures came in at 24.25% (Q1 2026), 23.58% (Q4 2025), and 22.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 6.31%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 23.88%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -9.13%
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn -16.90%
5 Vail Resorts 4.85 Bn 4.81 Bn - 24.25%
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 8.11%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 13.69%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 51.11%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 147.46%
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 22.37%

Historic Data

Download Data
DateValue
Jan 31, 2026 24.25%
Jan 31, 2026 24.25%
Oct 31, 2025 23.58%
Oct 31, 2025 23.58%
Jul 31, 2025 22.09%
Jul 31, 2025 22.09%
Apr 30, 2025 24.03%
Apr 30, 2025 24.03%
Jan 31, 2025 25.07%
Jan 31, 2025 25.07%
Oct 31, 2024 24.29%
Oct 31, 2024 24.29%
Jul 31, 2024 24.51%
Jul 31, 2024 24.51%
Apr 30, 2024 25.32%
Apr 30, 2024 25.32%
Jan 31, 2024 27.57%
Jan 31, 2024 27.57%
Oct 31, 2023 26.25%
Oct 31, 2023 26.25%