Vail Resorts (MTN) Tax Rate (2010 - 2026)
Vail Resorts' Tax Rate came in at 23.69% for fiscal Q3 2026 (quarter ended Apr 30, 2026), down 0.33 percentage points from 24.03% a year earlier and down 0.55 percentage points from the prior quarter.
Vail Resorts (MTN) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Apr 30, 2026, Vail Resorts reported Tax Rate of 26.11%, up 1.65 percentage points year-over-year; for FY2025 (ended Jul 31, 2025), it was 25.95%, down 1.36 percentage points from FY2024.
- Tax Rate carries a five-year change of +19.61 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 27.31% in FY2024 (+3.65 pp), 23.66% in FY2023 (+4.23 pp), 19.43% in FY2022 (+18.85 pp) and 0.58% in FY2021 (-5.76 pp).
- The five-year range for quarterly Tax Rate is 16.45% (fiscal Q4 2022) to 31.26% (fiscal Q4 2021).
- Year-over-year, Tax Rate has declined for nine consecutive quarters, with an average year-over-year change of -1.90 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2023 (a gain of 13.19 percentage points), and the weakest in fiscal Q4 2022 (a drop of 14.81 percentage points).
- Business Quant data shows MTN's Tax Rate at 24.25% (Q2 2026), 23.58% (Q1 2026) and 22.04% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 19.09% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | - |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 15.96% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 24.66% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 8.15% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 21.94% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | - |
| 10 | Vail Resorts | 4.92 Bn | 3.51 Bn | - | 23.69% |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 23.69% |
| Jan 31, 2026 | 24.25% |
| Apr 30, 2025 | 24.03% |
| Jan 31, 2025 | 25.07% |
| Apr 30, 2024 | 25.32% |
| Jan 31, 2024 | 27.57% |
| Apr 30, 2023 | 26.59% |
| Jan 31, 2023 | 26.42% |
| Apr 30, 2022 | 23.42% |
| Jan 31, 2022 | 18.20% |
| Apr 30, 2021 | 21.71% |
| Jan 31, 2021 | 15.44% |
| Apr 30, 2020 | 14.19% |
| Jan 31, 2020 | 23.67% |
| Apr 30, 2019 | 23.23% |
| Jan 31, 2019 | 22.69% |
| Apr 30, 2018 | 20.89% |
| Jan 31, 2018 | 1.42% |
| Apr 30, 2017 | 33.83% |
| Jan 31, 2017 | 34.68% |
Vail Resorts Tax Rate 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=tax-rate&ticker=MTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();