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Vail Resorts Inc Stock Research

MTN

252.19USD+4.80(+1.94%)Market Closed

Market Summary

USD252.19+4.80
Market Closed
1.94%

MTN Stock Price

MTN RSI Chart

MTN Valuation

Market Cap

10.2B

Price/Earnings (Trailing)

30.3

Price/Sales (Trailing)

3.6

EV/EBITDA

13.29

Price/Free Cashflow

14.43

MTN Price/Sales (Trailing)

MTN Profitability

EBT Margin

16.68%

Return on Equity

18.88%

Return on Assets

5.11%

Free Cashflow Yield

6.93%

MTN Fundamentals

MTN Revenue

Revenue (TTM)

2.8B

Revenue Y/Y

21.53%

Revenue Q/Q

294.25%

MTN Earnings

Earnings (TTM)

335.6M

Earnings Y/Y

-6.59%

Earnings Q/Q

252.35%

Price Action

52 Week Range

200.11267.26
(Low)(High)

Last 7 days

4.5%

Last 30 days

5.8%

Last 90 days

5.5%

Trailing 12 Months

0.1%

MTN Financial Health

Current Ratio

1.37

Debt/Equity

1.57

Debt/Cashflow

0.25

MTN Investor Care

Dividend Yield

3.03%

Dividend/Share (TTM)

7.64

Buy Backs (1Y)

0.31%

Diluted EPS (TTM)

8.27

Peers (Alternatives to Vail Resorts)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
212.6B
23.4B
-1.80% 18.41%
34.42
9.17
-1.47% -3.33%
15.0B
14.1B
-6.93% 15.91%
7.64
1.06
29.94% 24.85%
11.4B
4.2B
-8.21% 50.52%
-50.05
2.7
6.20% 65.33%
MID-CAP
10.7B
2.0B
-4.02% 34.91%
19.34
5.33
22.49% 116.78%
10.3B
17.7B
17.07% 14.50%
41.99
0.58
23.57% 68.31%
10.2B
2.8B
5.82% 0.11%
30.3
3.6
29.86% 54.02%
4.5B
6.4B
-12.29% -21.59%
20.2
0.7
8.41% 79.53%
3.8B
1.8B
9.16% 6.81%
12.94
2.18
9.45% -2.98%
2.4B
-
10.30% -4.61%
9.26
1.33
35.81% 1083.17%
2.2B
1.4B
18.55% -10.36%
21.4
1.65
-12.28% -34.58%
SMALL-CAP
1.6B
2.0B
-8.21% -12.17%
11.8
0.82
50.64% 26.23%
1.3B
1.1B
10.52% -9.03%
22.18
1.14
-0.39% -69.07%
995.2M
892.8M
-1.87% -14.90%
11.89
1.11
-3.21% -13.84%
239.5M
172.0M
1.90% -4.66%
-9.1
1.39
-4.13% -272.52%
114.8M
66.5M
3.22% 7.77%
13.49
1.73
2.58% -34.65%

Financials for Vail Resorts

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue7.4%2,8252,6302,5262,4632,175
EBITDA2.1%876857858--
EBITDA Margin-4.9%0.31*0.33*0.34*--
Earnings Before Taxes2.9%471458457378227
EBT Margin-4.2%0.17*0.17*0.18*--
Interest Expenses0.7%145144148151155
Net Income-4.2%336350348316218
Net Income Margin-10.8%0.12*0.13*0.14*--
Free Cahsflow1.5%705694710--
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets4.5%6,5656,2816,3186,3976,370
  Current Assets8.5%1,7601,6221,7921,8451,767
    Cash Equivalents11.7%1,3191,1811,1071,4011,407
  Inventory-12.7%12214010993.00105
  Net PPE4.7%2,4212,3132,1182,1432,190
  Goodwill2.0%1,7231,6891,7551,7531,764
Liabilities1.2%4,7884,7294,4714,3324,576
  Current Liabilities-4.1%1,2881,3431,1118301,155
  Long Term Debt0.7%2,7902,7702,6702,6872,696
Shareholder's Equity40.5%1,7771,2651,6121,8291,794
  Retained Earnings18.6%8387068961,082786
  Additional Paid-In Capital0.5%1,1131,1071,1051,1781,173
Minority Interest9.7%315287235236228
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations1.5%705694710747678
  Share Based Compensation1.5%25.0025.0025.0025.0025.00
Cashflow From Investing25.8%-328-442-347-283-263
Cashflow From Financing7.6%-473-513-493-392-299
  Dividend Payments15.4%30926722614971.00
  Buy Backs0%75.0075.00---

Risks for MTN

What is the probability of a big loss on MTN?

63.1%


Probability that Vail Resorts stock will be more than 20% underwater in next one year

55.8%


Probability that Vail Resorts stock will be more than 30% underwater in next one year.

25.4%


Probability that Vail Resorts stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MTN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Vail Resorts was unfortunately bought at previous high price.

Drawdowns

Returns for MTN

Cumulative Returns on MTN

17.0%


10-Year Cumulative Returns

11.6%


7-Year Cumulative Returns

2.4%


5-Year Cumulative Returns

9.8%


3-Year Cumulative Returns

What are the long-term rolling returns for MTN?

FIve years rolling returns for Vail Resorts.

Annualized Returns

Which funds bought or sold MTN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-06-01
MACQUARIE GROUP LTD
added
9.58
12,845,600
185,584,000
0.22%
2023-06-01
PRELUDE CAPITAL MANAGEMENT, LLC
new
-
442,590
442,590
0.03%
2023-05-30
Aspire Private Capital, LLC
reduced
-97.81
-191,664
4,206
-%
2023-05-23
Front Row Advisors LLC
unchanged
-
-
4,000
-%
2023-05-23
Toroso Investments, LLC
added
102
3,097,000
6,228,000
0.11%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-34.64
-9,138,080
16,305,900
-%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
305,000
0.01%
2023-05-22
PUTNAM INVESTMENTS LLC
added
2.43
-160,966
11,652,600
0.02%
2023-05-22
PUTNAM INVESTMENTS LLC
added
32.62
1,784,950
7,731,300
0.01%
2023-05-22
Raleigh Capital Management Inc.
sold off
-100
-63,694
-
-%

1–10 of 41

Latest Funds Activity

Are funds buying MTN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MTN
No. of Funds

Vail Resorts News

Money Morning
Postcards - Do This Whenever You See Buffett Buy OXY.
Money Morning,
4 hours ago
Seeking Alpha
Vail Resorts Corporate
Vail Resorts

Schedule 13G FIlings of Vail Resorts

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
0.5%
205,540
SC 13G/A
Feb 14, 2023
select equity group, l.p.
6.48%
2,612,048
SC 13G
Feb 14, 2023
bamco inc /ny/
10.69%
4,309,980
SC 13G/A
Feb 09, 2023
vanguard group inc
9.21%
3,711,862
SC 13G/A
Jan 30, 2023
blackrock inc.
8.8%
3,527,848
SC 13G/A
Jan 25, 2023
blackrock inc.
8.8%
3,527,848
SC 13G/A
Jan 12, 2023
apg asset management us inc.
5.3%
2,139,550
SC 13G/A
May 10, 2022
price t rowe associates inc /md/
6.2%
2,540,138
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
11.5%
4,674,147
SC 13G/A
Feb 14, 2022
bamco inc /ny/
10.17%
4,113,757
SC 13G/A

MTN Fair Value

Show Fair-Value

Recent SEC filings of Vail Resorts

View All Filings
Date Filed Form Type Document
May 11, 2023
3
Insider Trading
Apr 21, 2023
8-K
Current Report
Mar 28, 2023
8-K
Current Report
Mar 09, 2023
8-K
Current Report
Mar 09, 2023
10-Q
Quarterly Report
Mar 02, 2023
8-K
Current Report

Latest Insider Trading transactions for MTN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-12
Barkin Michael Z
sold
-1,784,200
258
-6,891
evp & chief financial officer
2022-12-12
Barkin Michael Z
sold (taxes)
-9,143,090
257
-35,492
evp & chief financial officer
2022-12-12
Barkin Michael Z
acquired
8,760,760
234
37,383
evp & chief financial officer
2022-09-29
Gronberg Nathan Mark
sold (taxes)
-5,552
213
-26.00
vp, controller & cao
2022-09-29
Gronberg Nathan Mark
acquired
-
-
87.00
vp, controller & cao
2022-09-25
Shapiro David T
sold (taxes)
-98,048
208
-471
evp, general counsel & sec.
2022-09-25
Bennett Ryan
acquired
-
-
348
svp & chief marketing officer
2022-09-25
O'Donnell James C.
sold (taxes)
-66,614
208
-320
president, mountain division
2022-09-25
KATZ ROBERT A
sold (taxes)
-309,757
208
-1,488
exec. chair of the board
2022-09-25
Barkin Michael Z
sold (taxes)
-160,499
208
-771
evp & chief financial officer

1–10 of 50

Kirsten A. Lynch
46500
Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 37 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities. The Lodging segment owns and/or manages various luxury hotels and condominiums, and other lodging properties under the RockResorts brand; various condominiums located in proximity to the company's mountain resorts; destination resorts; and golf courses, as well as offers resort ground transportation services. This segment operates owned and managed hotel and condominium units. The Real Estate segment owns, develops, and sells real estate properties. The company was incorporated in 1997 and is based in Broomfield, Colorado.

MTN Income Statement

2023-01-31
Consolidated Condensed Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2023
Jan. 31, 2022
Net revenue:    
Mountain and Lodging services and other$ 901,837$ 770,300$ 1,112,223$ 892,160
Mountain and Lodging retail and dining192,182136,055261,130189,456
Resort net revenue1,094,019906,3551,373,3531,081,616
Real Estate Revenue7,6991807,812495
Revenues1,101,718906,5351,381,1651,082,111
Operating expense (exclusive of depreciation and amortization shown separately below):    
Mountain and Lodging operating expense507,216364,336749,502548,061
Mountain and Lodging retail and dining cost of products sold75,43153,715110,51677,944
General and administrative116,61691,261215,415168,495
Resort operating expense699,263509,3121,075,433794,500
Real Estate operating expense6,3101,5117,6922,981
Total segment operating expense705,573510,8231,083,125797,481
Other operating (expense) income:    
Depreciation and amortization(65,989)(62,070)(130,603)(123,559)
Gain on sale of real property757931757962
Change in estimated fair value of contingent consideration (Note 8)(1,100)(16,780)(1,736)(18,780)
(Loss) gain on disposal of fixed assets and other, net(1,780)7,347(1,786)16,214
Income from operations328,033325,140164,672159,467
Mountain equity investment income, net428183882,332
Investment income and other, net7,1082579,994756
Foreign currency gain (loss) on intercompany loans (Note 5)2,338(2,870)(3,797)(2,039)
Interest expense, net(38,370)(37,366)(73,672)(76,911)
Income before (provision for) benefit from income taxes299,151285,97997,58583,605
(Provision for) benefit from income taxes(79,032)(52,049)(21,026)7,804
Net income220,119233,93076,55991,409
Net income attributable to noncontrolling interests(11,440)(10,539)(4,851)(7,350)
Net income attributable to Vail Resorts, Inc.$ 208,679$ 223,391$ 71,708$ 84,059
Per share amounts (Note 4):    
Basic net income per share attributable to Vail Resorts, Inc.$ 5.17$ 5.51$ 1.78$ 2.08
Diluted net income per share attributable to Vail Resorts, Inc.5.165.471.772.06
Cash dividends declared per share$ 1.91$ 0.88$ 3.82$ 1.76

MTN Balance Sheet

2023-01-31
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Jan. 31, 2022
Assets   
Cash and cash equivalents$ 1,295,252$ 1,107,427$ 1,407,019
Restricted cash24,10318,68015,643
Trade receivables, net160,393383,425167,088
Inventories, net122,088108,723104,573
Other current assets158,295173,27773,104
Total current assets1,760,1311,791,5321,767,427
Property, plant and equipment, net (Note 7)2,421,3952,118,0522,190,332
Real estate held for sale or investment90,35495,98395,331
Goodwill, net (Note 7)1,723,0191,754,9281,764,106
Intangible assets, net310,666314,058318,078
Operating right-of-use assets200,667192,070198,672
Other assets58,73051,40535,796
Total assets6,564,9626,318,0286,369,742
Liabilities   
Accounts payable and accrued liabilities (Note 7)1,144,795942,8301,067,137
Income taxes payable73,559104,27524,153
Long-term debt due within one year (Note 5)69,58263,74963,746
Total current liabilities1,287,9361,110,8541,155,036
Long-term debt, net (Note 5)2,789,8272,670,3002,695,589
Operating lease liabilities184,298174,567188,797
Other long-term liabilities237,478246,359254,209
Deferred income taxes, net288,072268,464282,427
Total liabilities4,787,6114,470,5444,576,058
Commitments and contingencies (Note 9)
Stockholders' Equity   
Preferred Stock, Par or Stated Value Per Share$ 0.01$ 0.01$ 0.01
Preferred stock, shares authorized25,000,00025,000,00025,000,000
Preferred stock, shares issued000
Preferred stock, shares outstanding000
Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding$ 0$ 0$ 0
Common stock, par value (in dollars per share)$ 0.01$ 0.01$ 0.01
Common stock, shares authorized100,000,000100,000,000100,000,000
Common stock, shares issued46,795,00046,744,00046,713,000
Common stock, $0.01 par value, 100,000 shares authorized, 46,795, 46,744 and 46,713 shares issued, respectively$ 468$ 467$ 467
Exchangeable Shares Par Value Per Share$ 0.01$ 0.01$ 0.01
Exchangeable Shares, Shares, Issued03,00033,000
Exchangeable shares, $0.01 par value, 0, 3 and 33 shares issued and outstanding, respectively (Note 4)$ 0$ 0$ 0
Additional paid-in capital1,112,5191,184,5771,172,595
Accumulated other comprehensive (loss) income(8,565)10,92310,418
Retained earnings$ 837,573$ 895,889$ 786,473
Treasury stock, shares6,465,7086,466,0006,161,000
Treasury stock, at cost, 6,466, 6,466 and 6,161 shares, respectively (Note 11)$ (479,417)$ (479,417)$ (404,411)
Total Vail Resorts, Inc. stockholders’ equity1,462,5781,612,4391,565,542
Noncontrolling interests314,773235,045228,142
Total stockholders’ equity1,777,3511,847,4841,793,684
Total liabilities and stockholders’ equity$ 6,564,962$ 6,318,028$ 6,369,742