Vail Resorts (MTN) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.9B
Gross Profit
1.2B
42.61%
Operating Income
542.7M
18.81%
Net Income
246.3M
8.54%
EPS (Diluted)
$6.07
Balance Sheet Metrics
Total Assets
5.7B
Total Liabilities
4.7B
Shareholders Equity
1.0B
Debt to Equity
4.49
Cash Flow Metrics
Operating Cash Flow
619.9M
Free Cash Flow
375.6M
Revenue & Profitability Trend
Vail Resorts Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.9B | 2.9B | 2.5B | 1.9B | 2.0B |
| Cost of Goods Sold | 1.7B | 1.7B | 1.3B | 1.1B | 1.2B |
| Gross Profit | 1.2B | 1.2B | 1.2B | 830.0M | 776.0M |
| Operating Expenses | 410.0M | 389.5M | 347.5M | 297.0M | 278.7M |
| Operating Income | 542.7M | 563.2M | 576.7M | 280.5M | 247.8M |
| Pre-tax Income | 345.1M | 373.5M | 457.2M | 125.2M | 116.4M |
| Income Tax | 98.8M | 88.4M | 88.8M | 726.0K | 7.4M |
| Net Income | 246.3M | 285.1M | 368.3M | 124.5M | 109.1M |
| EPS (Diluted) | $6.07 | $6.74 | $8.55 | $3.13 | $2.42 |
Income Statement Trend
Vail Resorts Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 911.4M | 1.2B | 1.8B | 1.7B | 665.1M |
| Non-Current Assets | 4.8B | 4.7B | 4.5B | 4.5B | 4.6B |
| Total Assets | 5.7B | 5.9B | 6.3B | 6.3B | 5.2B |
| Liabilities | |||||
| Current Liabilities | 1.1B | 1.1B | 1.1B | 978.4M | 603.5M |
| Non-Current Liabilities | 3.5B | 3.5B | 3.4B | 3.4B | 3.1B |
| Total Liabilities | 4.7B | 4.6B | 4.5B | 4.4B | 3.7B |
| Equity | |||||
| Total Shareholders Equity | 1.0B | 1.3B | 1.8B | 1.8B | 1.5B |
Balance Sheet Composition
Vail Resorts Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 246.3M | 285.1M | 368.3M | 124.5M | 109.1M |
| Operating Cash Flow | 619.9M | 662.8M | 673.2M | 508.0M | 380.6M |
| Investing Activities | |||||
| Capital Expenditures | 337.0K | 5.7M | 66.3M | 9.7M | 6.6M |
| Investing Cash Flow | -29.9M | 41.7M | -155.1M | 11.8M | -320.4M |
| Financing Activities | |||||
| Dividends Paid | -323.7M | -314.4M | -225.8M | 0 | -212.7M |
| Financing Cash Flow | -574.8M | -915.7M | -493.1M | 416.8M | 381.8M |
| Free Cash Flow | 375.6M | 324.7M | 517.7M | 410.2M | 222.6M |
Cash Flow Trend
Vail Resorts Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
20.96
Forward P/E
19.63
Price to Book
6.83
Price to Sales
2.07
PEG Ratio
19.63
Profitability Ratios
Profit Margin
9.81%
Operating Margin
44.07%
Return on Equity
24.16%
Return on Assets
5.97%
Financial Health
Current Ratio
0.62
Debt to Equity
238.86
Beta
0.93
Per Share Data
EPS (TTM)
$7.86
Book Value per Share
$24.10
Revenue per Share
$79.08
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mtn | 6.1B | 20.96 | 6.83 | 24.16% | 9.81% | 238.86 |
| Las Vegas Sands | 35.1B | 27.72 | 12.99 | 44.69% | 11.64% | 456.68 |
| Wynn Resorts | 11.6B | 29.70 | -10.72 | -51.73% | 6.17% | -11.06 |
| Boyd Gaming | 6.7B | 13.42 | 4.97 | 35.55% | 13.96% | 311.84 |
| Caesars | 6.2B | 10.42 | 1.55 | -3.77% | -2.08% | 606.80 |
| Red Rock Resorts | 5.8B | 21.54 | 13.44 | 107.68% | 8.01% | 921.45 |
Financial data is updated regularly. All figures are in the company's reporting currency.