Stocks · Consumer Cyclical · Gambling, Resorts & Casinos
Vail Resorts, Inc. MTN
$141.16 +1.56% Close, Oct 2, 2026 · NYSE · Market cap $5.03B
Next earnings report: Dec 9, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $4.12, down 44.4% year over year.
- Net debt is 7.4× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $2.84B, down 4.3% from a year earlier.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth19Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 18%
- EPS growth (TTM, YoY)Bottom 23%
- FCF growth (TTM, YoY)Bottom 38%
- Revenue growth, 3-year CAGRBottom 38%
- Revenue growth accelerationTop 50%
Quality63Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 45%
- Gross marginTop 38%
- Operating marginTop 19%
- Cash conversion (OCF / net income)Top 12%
- Accruals (lower is better)Top 38%
- Net debt / EBITDA (lower is better)Bottom 15%
- Interest coverBottom 33%
Value26Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 40%
- Free-cash-flow yieldTop 46%
- EBITDA / enterprise valueBottom 28%
- Sales / enterprise valueBottom 19%
- P/E vs own 5-year history (lower is better)Bottom 35%
Momentum64Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 39%
- 6-month returnTop 37%
- 1-year return vs S&P 500Bottom 50%
- Distance from 52-week highTop 19%
- Trend checklist (0–4)Top 20%
Revisions10Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 27%
- Consecutive EPS beatsBottom 33%
- Share of analysts rating BuyBottom 42%
- Upside to consensus price targetBottom 13%
Stability57Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 26%
- Maximum drawdown, 3 yearsTop 44%
- Beta vs S&P 500 (lower is better)Top 23%
- Net debt / EBITDA (lower is better)Bottom 15%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -4.3% | -4.3% | ↑ |
| EPS growth (YoY) | -44.6% | -44.4% | ↑ |
| Gross margin | 42.8% | 41.8% | ↓ |
| Operating margin | 18.9% | 14.8% | ↓ |
| FCF margin | 10.8% | 11.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -4.3% | -4.3% | ↑ | Bottom 18% |
| EPS growth (TTM, YoY) | -44.4% | -44.6% | ↑ | Bottom 23% |
| Gross margin | 41.8% | 42.8% | ↓ | Top 38% |
| Operating margin | 14.8% | 18.9% | ↓ | Top 19% |
| Net margin | 5.2% | 9.4% | ↓ | — |
| Free-cash-flow margin | 11.0% | 10.8% | ↑ | — |
| Return on invested capital | 7.0% | — | Top 45% | |
| Revenue growth, 3-year CAGR | -0.6% | — | Bottom 38% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -2.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 7.38×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 6.30%
- Net buyback yield (TTM)
- 0.97%
- Shareholder yield
- 7.28%
- Share count change, 1 year
- -2.0%
- Share count change, 3-year CAGR
- -2.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Sep 28, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -1.3%
- Average 2-day reaction, last 8
- -0.6%
- Positive 20 days after report
- 3 of 7
Analysts
- Consensus price target
- $144.82
- Target vs current price
- +2.6%
- Analysts with a rating
- 49
- Share rating Buy or Strong Buy
- 47%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 28, 2026 | +0.2% | +1.5% | +3.7% | — | — |
| Jun 8, 2026 | -1.5% | +1.4% | -1.5% | +5.8% | -2.2% |
| Mar 9, 2026 | -3.1% | -3.5% | -5.1% | -6.6% | -2.2% |
| Dec 10, 2025 | -0.8% | -2.6% | +8.7% | -5.5% | -7.9% |
| Sep 29, 2025 | -7.6% | +0.2% | +6.3% | +3.3% | -0.2% |
| Jun 5, 2025 | +5.0% | +0.4% | -1.5% | +6.4% | +6.2% |
| Mar 10, 2025 | +4.3% | -2.5% | +1.3% | -7.8% | -1.0% |
| Dec 9, 2024 | +8.0% | -0.0% | -0.1% | -7.1% | -17.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 28, 2026 | -$5.34 | -$5.35 | +0.2% | $278.1M |
| Jun 8, 2026 | $8.81 | $8.94 | -1.5% | $1.21B |
| Mar 9, 2026 | $5.87 | $6.06 | -3.1% | $1.08B |
| Dec 10, 2025 | -$5.20 | -$5.16 | -0.8% | $271.0M |
| Sep 29, 2025 | -$5.08 | -$4.72 | -7.6% | $271.3M |
| Jun 5, 2025 | $10.54 | $10.04 | +5.0% | $1.30B |
| Mar 10, 2025 | $6.56 | $6.29 | +4.3% | $1.14B |
| Dec 9, 2024 | -$4.61 | -$5.01 | +8.0% | $260.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 34.3× | 31.7× | 67th | Bottom 40% |
| P/E (forward) | 25.4× | — | — | — |
| EV / EBITDA | 19.0× | — | — | Bottom 28% |
| EV / Sales | 2.90× | — | — | Bottom 19% |
| Free-cash-flow yield | 6.20% | — | — | Top 46% |
| Earnings yield | 2.92% | — | — | Bottom 40% |
P/E over the past five years
Range 19.8× – 108.2× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -8.4%
- Earnings per share growth (TTM)
- -44.4%
- Change in P/E multiple
- +67.8%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 2
- 50-day average slope (20 days)
- -1.6%
- 200-day average slope (20 days)
- -0.4%
- Distance from 50-day average
- -1.7%
- Distance from 200-day average
- +2.7%
- RSI (14)
- 52.1
- Relative volume
- 0.79×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 32.6%
- Volatility vs own 5-year history
- 55th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.69
- Correlation with S&P 500
- 0.34
- Current drawdown from 1-year high
- -12.7%
- Maximum drawdown, 3 years
- -50.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 5, 2021 | Apr 24, 2026 | -68.0% | 1119 days | Not yet recovered |
| Jun 7, 2021 | Aug 19, 2021 | -14.7% | 52 days | 25 days (Sep 24, 2021) |
| Feb 24, 2021 | Mar 24, 2021 | -12.9% | 20 days | 16 days (Apr 16, 2021) |
| Dec 10, 2020 | Feb 1, 2021 | -10.2% | 34 days | 10 days (Feb 16, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $5.03B
- P/E (TTM)
- 34.3
- EPS, diluted (TTM)
- $4.12
- Revenue (TTM)
- $2.84B
- Dividend yield
- 7.86%
- 52-week range
- $118.51 – $163.34
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $2.53B | $2.89B | $2.89B | $2.96B | $2.84B |
| Gross profit | $1.18B | $1.22B | $1.23B | $1.27B | $1.19B |
| Operating income | $601.7M | $504.4M | $488.8M | $560.0M | $420.5M |
| Net income | $347.9M | $265.8M | $231.1M | $280.0M | $147.5M |
| EPS (diluted) | $8.55 | $6.69 | $6.07 | $7.53 | $4.12 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $260.3M | $1.14B | $1.30B | $271.3M | $271.0M | $1.08B | $1.21B | $278.1M |
| Net income | -$173.3M | $245.5M | $392.8M | -$185.5M | -$186.8M | $210.0M | $340.2M | -$215.9M |
| EPS (diluted) | -$4.61 | $6.56 | $10.54 | -$5.08 | -$5.20 | $5.85 | $8.76 | -$5.29 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $710.5M | $639.6M | $586.8M | $554.9M | $479.6M |
| Capital expenditure | -$192.8M | -$314.9M | -$211.2M | -$235.2M | -$231.6M |
| Free cash flow | $517.7M | $324.7M | $375.6M | $319.7M | $248.0M |
| Dividends paid | -$225.8M | -$314.4M | -$323.7M | -$328.2M | -$317.1M |
| Net share buybacks | -$75.0M | -$500.0M | -$150.0M | -$278.0M | -$45.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $268.5M
- Total assets
- $5.53B
- Total liabilities
- $4.97B
- Total debt
- $3.42B
- Net debt
- $3.19B
- Shareholders’ equity
- $240.5M
As of Jul 31, 2026 (filed Sep 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 8, 2026 | $2.22 | Oct 27, 2026 |
| Jun 25, 2026 | $2.22 | Jul 9, 2026 |
| Mar 26, 2026 | $2.22 | Apr 9, 2026 |
| Dec 30, 2025 | $2.22 | Jan 12, 2026 |
| Oct 9, 2025 | $2.22 | Oct 27, 2025 |
| Jun 24, 2025 | $2.22 | Jul 9, 2025 |
| Mar 27, 2025 | $2.22 | Apr 10, 2025 |
| Dec 26, 2024 | $2.22 | Jan 9, 2025 |
Short interest
- Shares sold short
- 6,196,456
- Days to cover
- 7.82
- Change vs previous report
- +7.7%
FINRA short interest, settlement date Sep 15, 2026.