Inside the research
Vail Resorts, Inc.
MTN Research profile · latest available data
Price overview
$136.11
▼ -1.71 (-1.2%)
| 52w hi | $160.01 |
|---|---|
| 52w lo | $117.19 |
| Vol | 1.37M |
| As of | 25 Sep 2026 |
The Verdict
Our score -2.59
| Short | -4.76 |
|---|---|
| Medium | -1.38 |
| Long | -0.67 |
computed 2026-09-27
Key fundamentals
Vail Resorts, Inc.
Consumer Cyclical · Resorts & Casinos
| Market cap | $4.85B |
|---|---|
| Enterprise value | $8.10B |
| Trailing P/E | 29.85x |
| Forward P/E | 22.09x |
| EV / EBITDA | 10.88x |
| P / S (ttm) | 1.71x |
| Profit margin | 5.5% |
| Return on equity | 16.9% |
| Revenue growth | -7.0% |
| Earnings growth | -15.8% |
| Debt / equity | 355.58 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.00 | |
| Sector | -0.03 | |
| Technical | -0.03 | |
| Earnings | -0.63 | |
| Sentiment | -0.59 |
macro × 1.00 · 2026-09-27
Business overview
Vail Resorts, Inc., together with its subsidiaries, operates mountain resorts and regional ski areas in the United States and internationally. It operates in three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates destination mountain resorts and regional ski areas. This segment is also involved in ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities. Its lodging segment owns and manages various luxury hotels and condominiums under the RockResorts brand; operates other lodging properties and various condominiums; and offers resort ground transportation services. The Real Estate segment owns, develops, and sells real estate properties. Vail Resorts, Inc. was founded in 1962 and is based in Broomfield, Colorado.
Risk Metrics
| Beta vs SPX | 0.75 |
|---|---|
| Corr SPX | 0.33 |
| Annual vol | 36.1% |
| Annual ret | -8.9% |
| Sharpe | -0.25 |
| Max DD | -39.1% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Officer / Director Change, Exhibits | read |
| 2026-06-24 | Reg FD Disclosure | read |
| 2026-06-08 | Earnings Release, Exhibits | read |
| 2026-04-23 | Reg FD Disclosure, Exhibits | read |
| 2026-03-17 | Reg FD Disclosure | read |
| 2026-03-09 | Earnings Release, Exhibits | read |
| 2026-02-12 | Material Agreement, Material Obligation… | read |
| 2026-01-15 | Reg FD Disclosure, Exhibits | read |
| 2025-12-10 | Shareholder Vote | read |
| 2025-12-10 | Earnings Release, Exhibits | read |
| 2025-11-21 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-09-29 | Officer / Director Change, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-04 | KATZ ROBERT A | CEO & Chairperson of the | Withheld for tax | 589 | $79.16K |
| 2026-06-04 | KATZ ROBERT A | CEO & Chairperson of the | Option exercise | 2.05K | — |
| 2026-05-01 | DeCecco Julie A. | GC & Chief Public Affairs | Option exercise | 73 | — |
| 2026-05-01 | DeCecco Julie A. | GC & Chief Public Affairs | Withheld for tax | 21 | $2.64K |
| 2026-03-16 | Korch Angela A | EVP & Chief Financial Off | Buy | 190 | $25.05K |
| 2026-03-16 | KATZ ROBERT A | CEO & Chairperson of the | Buy | 37.50K | $4.94M |
| 2026-02-01 | Korch Angela A | EVP & Chief Financial Off | Withheld for tax | 202 | $26.88K |
| 2026-02-01 | Korch Angela A | EVP & Chief Financial Off | Option exercise | 408 | — |
| 2026-02-01 | Korch Angela A | EVP & Chief Financial Off | Option exercise | 473 | — |
| 2026-02-01 | Korch Angela A | EVP & Chief Financial Off | Withheld for tax | 235 | $31.27K |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 99.2% |
| HHI | 2,884 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Capital Research / Capital World | $205.06M | 1.51M |
| Fidelity / FMR LLC | $160.94M | 1.18M |
| State Street Corp | $157.33M | 1.14M |
| Citadel Advisors | $40.88M | 300.28K |
| Norges Bank (Norway sovereign) | $3.24M | 23.77K |
| Millennium Management | $3.21M | 23.55K |
| AQR Capital Management | $1.40M | 10.46K |
| T. Rowe Price Group | $5.64K | 41.42K |
As of 2026-06-30
Dividends
| Yield (TTM) | 4.89% |
|---|---|
| $ / share (TTM) | $6.66 |
| 5y CAGR | +38.2% |
Annual dividend per share
| 2021 | $1.76 |
|---|---|
| 2022 | $7.64 |
| 2023 | $8.24 |
| 2024 | $8.88 |
| 2025 | $8.88 |
| 2026 | $2.22 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $2.96B | +17.6% | |
| Operating income | $504.42M | +9.6% | |
| Net income | $280.00M | +21.3% | |
| Cash from ops | $637.86M | +11.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $138.66 | $139.50 | $135.19 | $136.11 | 1.37M |
| Sep 24 | $140.41 | $141.49 | $137.62 | $137.82 | 1.12M |
| Sep 23 | $139.17 | $141.50 | $137.76 | $140.05 | 966.60K |
| Sep 22 | $141.50 | $142.72 | $138.41 | $138.98 | 931.00K |
| Sep 21 | $138.82 | $142.35 | $138.82 | $140.43 | 908.10K |
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