stockrow
Friday 6 November 2026
Export MTN’s income statement to Excel — free account
Vail Resorts, Inc.
MTN Consumer Cyclical Resorts & Casinos
Vail Resorts, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $2.8 billion, down 4.26% from fiscal 2025.
- Revenue
- +2.50%
- EPS
- −5.12%
- Free cash flow
- +29.4%
- Total debt
- −0.25%
Quarter to July 2026, against a year earlier
158.72
2.36
−1.47%
Follow MTN
Alert me
Vail Resorts, Inc. (MTN) Gross margin
Vail Resorts, Inc.'s gross margin over the twelve months to 31 July 2026 was 41.3%. Over the past ten years it has ranged from 37.2% (fiscal 2015) to 46.6% (fiscal 2022); the current reading is higher than 33% of that period. That is below the Resorts & Casinos industry median of 47.5% and above the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 41.3% | (1.45) |
| FY2025 | 42.8% | 0.17 |
| FY2024 | 42.6% | 0.35 |
| FY2023 | 42.3% | (4.32) |
| FY2022 | 46.6% | 3.12 |
| FY2021 | 43.5% | 3.94 |
| FY2020 | 39.5% | (3.37) |
| FY2019 | 42.9% | (0.23) |
| FY2018 | 43.1% | 0.06 |
| FY2017 | 43.1% | 1.98 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | −8.85% | (65.86) |
| Apr 2026 | 57.0% | 6.97 |
| Jan 2026 | 50.0% | 61.81 |
| Oct 2025 | −11.8% | (4.83) |
| 43 more quarters | Free account |
Against its own ten years
Low 37.2%
High 46.6%
Ten-year median
42.7%
Current reading's percentile
19
Gross margin against peers
| Company | Gross margin |
|---|---|
| VAC Marriott Vacations Worldwide Corporation compare | 90.9% |
| RRR Red Rock Resorts, Inc. compare | 58.9% |
| CZR Caesars Entertainment, Inc. compare | 53.0% |
| BYD Boyd Gaming Corporation compare | 49.1% |
| MGM MGM Resorts International compare | 43.6% |
| MTN Vail Resorts, Inc. | 41.3% |
| HGV Hilton Grand Vacations Inc. compare | 39.6% |
| PENN PENN Entertainment, Inc. compare | 0.00% |
| WYNN Wynn Resorts, Limited compare | 0.00% |
| Resorts & Casinos industry median | 47.5% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on MTN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement