Vail Resorts financials
$141.29+2.32%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Jul 31 | FY25 Jul 31 | FY24 Jul 31 | FY23 Jul 31 | FY22 Jul 31 | FY21 Jul 31 | FY20 Jul 31 | FY19 Jul 31 | FY18 Jul 31 | FY17 Jul 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.84B | $2.96B | $2.89B | $2.89B | $2.53B | $1.91B | $1.96B | $2.27B | $2.01B | $1.91B |
| Gross profit | $1.19B | $1.27B | $1.24B | $1.23B | $1.18B | $836.7M | $776.0M | $974.3M | $867.3M | $821.2M |
| Gross margin | 41.8% | 43.0% | 42.9% | 42.6% | 46.8% | 43.8% | 39.5% | 42.9% | 43.1% | 43.1% |
| Operating income | $433.4M | $538.0M | $540.2M | $562.5M | $576.7M | $280.5M | $222.3M | $476.4M | $412.9M | $378.9M |
| Net income | $147.5M | $280.0M | $231.1M | $265.8M | $347.9M | $127.8M | $98.8M | $301.2M | $379.9M | $210.6M |
| Net margin | 5.2% | 9.4% | 8.0% | 9.2% | 13.8% | 6.7% | 5.0% | 13.3% | 18.9% | 11.0% |
| Diluted EPS | $4.12 | $7.53 | $6.09 | $6.69 | $8.55 | $3.13 | $2.42 | $7.32 | $9.13 | $5.22 |
| EBITDA | $739.0M | $834.4M | $819.2M | $831.7M | $829.1M | $539.7M | $497.3M | $699.8M | $615.5M | $584.4M |
| Operating cash flow | $479.6M | $554.9M | $589.0M | $637.9M | $690.2M | $525.3M | $394.9M | $634.2M | $548.5M | $471.0M |
| Free cash flow | $248.0M | $319.7M | $377.8M | $322.9M | $497.4M | $410.2M | $222.6M | $442.2M | $407.9M | $326.6M |
| Diluted shares | 35.7M | 37.2M | 37.9M | 39.8M | 40.7M | 40.8M | 40.8M | 41.2M | 41.6M | 40.4M |
Balance sheet
| Period end | Jul 31 | Jul 31 | Jul 31 | Jul 31 | Jul 31 | Jul 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $231.3M | $440.3M | $322.8M | $563.0M | $1.11B | $1.24B |
| Short-term investments | $37.1M | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $3.19B | $3.19B | $2.79B | $2.82B | $2.73B | $2.85B |
| Total assets | $5.53B | $5.78B | $5.69B | $5.95B | $6.32B | $6.25B |
| Total liabilities | $4.97B | $5.02B | $4.66B | $4.61B | $4.47B | $4.42B |
| Shareholders' equity | $557.4M | $753.9M | $1.02B | $1.34B | $1.85B | $1.83B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology