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| Date | Value |
|---|---|
| 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% |