Market Summary
USD257.35+0.72
Delayed0.28%
MTN Stock Price
MTN RSI Chart
MTN Valuation
MTN Price/Sales (Trailing)
MTN Profitability
MTN Fundamentals
MTN Revenue
MTN Earnings
Price Action
52 Week Range
200.11277.09
(Low)(High)
Last 7 days
2.4%
Last 30 days
10.8%
Last 90 days
18.8%
Trailing 12 Months
-0.8%
MTN Financial Health
MTN Investor Care
Peers (Alternatives to Vail Resorts)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 200.2B | 23.3B | 2.77% | 11.99% | 33.86 | 8.61 | 3.27% | -18.82% |
MGM | 15.9B | 12.7B | 26.46% | 0.99% | 12.08 | 1.25 | 185.92% | 95.35% |
WYNN | 11.7B | 3.8B | 28.59% | 24.46% | -18.43 | 3.08 | 11.35% | 25.31% |
ARMK | 11.5B | 16.3B | 8.10% | 36.13% | 58.96 | 0.7 | 34.98% | 314.11% |
MTN | 10.4B | 2.6B | 10.76% | -0.81% | 29.63 | 3.95 | 34.62% | 146.19% |
| MID-CAP | ||||||||
CHDN | 9.4B | 1.5B | 19.76% | 24.68% | 19.5 | 6.28 | 11.43% | 116.79% |
PENN | 5.4B | 6.4B | 20.77% | -19.27% | 21.88 | 0.84 | 19.19% | -36.34% |
SEAS | 4.2B | 1.7B | 23.23% | 9.63% | 13.43 | 2.46 | 32.99% | 124.99% |
FUN | 2.3B | 1.8B | 5.38% | -9.73% | 8.55 | 1.27 | 71.80% | 311.51% |
SIX | 2.3B | 1.4B | 20.25% | -27.17% | 24.23 | 1.62 | 8.26% | 102.71% |
PLAY | 2.0B | 1.7B | 19.03% | 21.92% | 16.24 | 1.15 | 61.79% | 371.82% |
| SMALL-CAP | ||||||||
DIN | 1.2B | 931.1M | 19.99% | 20.42% | 13.47 | 1.3 | 7.95% | 17.03% |
GDEN | 1.1B | 1.1B | 6.68% | -9.82% | 12.4 | 1 | 10.17% | -27.23% |
FLL | 315.8M | 176.3M | 23.89% | 12.09% | -113.84 | 1.31 | 3.79% | -127.31% |
CPHC | 132.9M | 67.7M | -12.50% | 52.81% | 10.17 | 1.96 | 28.71% | 145.82% |
Financials for Vail Resorts
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.1% | 2,630 | 2,526 | 2,463 | 2,175 | 1,954 |
| EBITDA | 0.0% | 857 | 858 | - | - | - |
| EBITDA Margin | -4.0% | 0.33* | 0.34* | - | - | - |
| Earnings Before Taxes | 0.2% | 458 | 457 | 378 | 227 | 117 |
| EBT Margin | -3.8% | 0.17* | 0.18* | - | - | - |
| Interest Expenses | -2.9% | 144 | 148 | 151 | 155 | 156 |
| Net Income | 0.7% | 350 | 348 | 316 | 218 | 142 |
| Net Income Margin | -3.3% | 0.13* | 0.14* | - | - | - |
| Free Cahsflow | -2.3% | 694 | 710 | - | - | - |
* denotes actual numbers (not divided by Millions)
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -0.6% | 6,281 | 6,318 | 6,397 | 6,370 | 6,291 |
| Current Assets | -9.5% | 1,622 | 1,792 | 1,845 | 1,767 | 1,778 |
| Cash Equivalents | 6.6% | 1,181 | 1,107 | 1,401 | 1,407 | 1,468 |
| Inventory | 28.7% | 140 | 109 | 93 | 105 | 104 |
| Net PPE | 9.2% | 2,313 | 2,118 | 2,143 | 2,190 | 2,062 |
| Goodwill | -3.8% | 1,689 | 1,755 | 1,753 | 1,764 | 1,791 |
| Liabilities | 5.8% | 4,729 | 4,471 | 4,332 | 4,576 | 4,624 |
| Current Liabilities | 20.9% | 1,343 | 1,111 | 830 | 1,155 | 1,268 |
| Long Term Debt | 3.7% | 2,770 | 2,670 | 2,687 | 2,696 | 2,705 |
| Shareholder's Equity | -21.6% | 1,265 | 1,612 | 1,829 | 1,794 | 1,432 |
| Retained Earnings | -21.2% | 706 | 896 | 1,082 | 786 | 599 |
| Additional Paid-In Capital | 0.2% | 1,107 | 1,105 | 1,178 | 1,173 | 1,193 |
| Minority Interest | 22.0% | 287 | 235 | 236 | 228 | 234 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -2.3% | 694 | 710 | 747 | 678 | 762 |
| Share Based Compensation | -0.3% | 25 | 25 | 25 | 25 | 25 |
| Cashflow From Investing | -27.2% | -442.59 | -347.92 | -283.88 | -263.13 | -113.91 |
| Cashflow From Financing | -4.0% | -513.03 | -493.14 | -392.31 | -299.32 | 363 |
| Dividend Payments | 18.3% | 267 | 226 | 149 | 71 | 36 |
| Buy Backs | 0% | 75 | 75 | - | - | - |
Risks for MTN
What is the probability of a big loss on MTN?
60.8%
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
19.7%
10-Year Cumulative Returns
13.1%
7-Year Cumulative Returns
4.3%
5-Year Cumulative Returns
4.3%
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 ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-01-26 | TOKIO MARINE ASSET MANAGEMENT CO LTD | added | 6.04 | 35,640 | 242,640 | 0.02% |
2023-01-26 | BAKER TILLY WEALTH MANAGEMENT, LLC | added | 60.56 | 234,526 | 536,526 | 0.07% |
2023-01-26 | COMERICA BANK | added | 218.1 | 3,336,000 | 4,556,000 | 0.04% |
2023-01-26 | Sumitomo Mitsui DS Asset Management Company, Ltd | unchanged | - | 67,951 | 711,951 | 0.01% |
2023-01-26 | GREENWOOD CAPITAL ASSOCIATES LLC | added | 1.03 | 70,246 | 675,246 | 0.11% |
2023-01-26 | CENTRAL TRUST Co | unchanged | - | 814 | 3,814 | -% |
2023-01-26 | STRS OHIO | reduced | -8.62 | 125,000 | 12,632,000 | 0.06% |
2023-01-26 | Galibier Capital Management Ltd. | added | 48.05 | 288,030 | 741,030 | 0.15% |
2023-01-25 | DUNCKER STREETT & CO INC | added | 1,650 | 15,685 | 16,685 | -% |
2023-01-25 | WHITTIER TRUST CO | unchanged | - | 1,010 | 10,010 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Vail Resorts News
Schedule 13G FIlings of Vail Resorts
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 10, 2022 | vanguard group inc | 8.94% | 3,616,121 | SC 13G/A | |
| Feb 07, 2022 | blackrock inc. | 8.0% | 3,222,139 | SC 13G/A | |
| Jan 19, 2022 | apg asset management us inc. | 5.4% | 2,173,879 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 12.2% | 4,918,520 | SC 13G/A | |
| Feb 12, 2021 | bamco inc /ny/ | 10.35% | 4,164,196 | SC 13G/A |
MTN Fair Value
Vail Resorts fair value in different scenarios
The table shows the Fair Value estimates for Vail Resorts for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 69.64 -72.94% | 131.10 -49.06% | 191.93 -25.42% | 250.85 -2.53% | 315.43 22.57% |
| Current Inflation | 65.75 -74.45% | 117.83 -54.21% | 168.70 -34.45% | 218.52 -15.09% | 272.31 5.81% |
| Very High Inflation | 60.79 -76.38% | 102.05 -60.35% | 141.74 -44.92% | 181.30 -29.55% | 223.12 -13.30% |
Historical Vail Resorts Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Vail Resorts
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Jan 25, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 18, 2023 | 8-K | Current Report | |
| Jan 12, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 03, 2023 | 3 | Insider Trading | |
| Dec 14, 2022 | 4 | Insider Trading | |
| Dec 09, 2022 | 8-K | Current Report | |
| Dec 08, 2022 | 10-Q | Quarterly Report | |
| Dec 08, 2022 | 8-K | Current Report | |
| Nov 28, 2022 | 8-K | Current Report | |
| Oct 24, 2022 | DEF 14A | DEF 14A |
Latest Insider Trading transactions for MTN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2022-12-12 | Barkin Michael Z | acquired | 8,760,760 | 234.351 | 37,383 | evp & chief financial officer |
2022-12-12 | Barkin Michael Z | sold | -1,784,200 | 258.917 | -6,891 | evp & chief financial officer |
2022-12-12 | Barkin Michael Z | sold (taxes) | -9,143,090 | 257.61 | -35,492 | evp & chief financial officer |
2022-09-29 | Gronberg Nathan Mark | sold (taxes) | -5,552.3 | 213.55 | -26 | vp, controller & cao |
2022-09-29 | Gronberg Nathan Mark | acquired | - | - | 87 | vp, controller & cao |
2022-09-25 | Gronberg Nathan Mark | acquired | - | - | 86 | vp, controller & cao |
2022-09-25 | Lynch Kirsten A. | acquired | - | - | 2,286 | ceo & director |
2022-09-25 | Sullivan Gregory Jon | acquired | - | - | 193 | svp, retail & hospitality |
2022-09-25 | Barkin Michael Z | sold (taxes) | -160,499 | 208.17 | -771 | evp & chief financial officer |
2022-09-25 | KATZ ROBERT A | sold (taxes) | -309,757 | 208.17 | -1,488 | exec. chair of the board |
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
2022-10-31Consolidated Condensed Statements Of Operations - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Oct. 31, 2022 | Oct. 31, 2021 | |
| Net revenue: | ||
| Mountain and Lodging services and other | $ 210,386 | $ 121,860 |
| Mountain and Lodging retail and dining | 68,948 | 53,401 |
| Resort net revenue | 279,334 | 175,261 |
| Real Estate Revenue | 113 | 315 |
| Revenues | 279,447 | 175,576 |
| Operating expense (exclusive of depreciation and amortization shown separately below): | ||
| Mountain and Lodging operating expense | 242,286 | 183,725 |
| Mountain and Lodging retail and dining cost of products sold | 35,085 | 24,229 |
| General and administrative | 98,799 | 77,234 |
| Resort operating expense | 376,170 | 285,188 |
| Real Estate operating expense | 1,382 | 1,470 |
| Total segment operating expense | 377,552 | 286,658 |
| Other operating (expense) income: | ||
| Depreciation and amortization | (64,614) | (61,489) |
| Gain on sale of real property | 0 | 31 |
| Change in estimated fair value of contingent consideration (Note 8) | (636) | (2,000) |
| (Loss) gain on disposal of fixed assets and other, net | (6) | 8,867 |
| Loss from operations | (163,361) | (165,673) |
| Mountain equity investment income, net | 346 | 1,514 |
| Investment income and other, net | 2,886 | 499 |
| Foreign currency (loss) gain on intercompany loans (Note 5) | (6,135) | 831 |
| Interest expense, net | (35,302) | (39,545) |
| Loss before benefit from income taxes | (201,566) | (202,374) |
| Benefit from income taxes | 58,006 | 59,853 |
| Net loss | (143,560) | (142,521) |
| Net loss attributable to noncontrolling interests | 6,589 | 3,189 |
| Net loss attributable to Vail Resorts, Inc. | $ (136,971) | $ (139,332) |
| Per share amounts (Note 4): | ||
| Basic net loss per share attributable to Vail Resorts, Inc. | $ (3.40) | $ (3.44) |
| Diluted net loss per share attributable to Vail Resorts, Inc. | (3.40) | (3.44) |
| Cash dividends declared per share | $ 1.91 | $ 0.88 |
MTN Balance Sheet
2022-10-31Consolidated Condensed Balance Sheets - USD ($) $ in Thousands | Oct. 31, 2022 | Jul. 31, 2022 | Oct. 31, 2021 |
|---|---|---|---|
| Assets | |||
| Cash and cash equivalents | $ 1,180,942 | $ 1,107,427 | $ 1,468,380 |
| Restricted cash | 20,121 | 18,680 | 14,482 |
| Trade receivables, net | 118,491 | 383,425 | 108,988 |
| Inventories, net | 139,926 | 108,723 | 103,697 |
| Other current assets | 162,187 | 173,277 | 82,307 |
| Total current assets | 1,621,667 | 1,791,532 | 1,777,854 |
| Property, plant and equipment, net (Note 7) | 2,313,061 | 2,118,052 | 2,062,322 |
| Real estate held for sale or investment | 95,608 | 95,983 | 98,833 |
| Goodwill, net (Note 7) | 1,688,731 | 1,754,928 | 1,790,531 |
| Intangible assets, net | 307,410 | 314,058 | 319,250 |
| Operating right-of-use assets | 192,230 | 192,070 | 204,476 |
| Other assets | 62,159 | 51,405 | 37,285 |
| Total assets | 6,280,866 | 6,318,028 | 6,290,551 |
| Liabilities | |||
| Accounts payable and accrued liabilities (Note 7) | 1,190,522 | 942,830 | 1,109,652 |
| Income taxes payable | 84,372 | 104,275 | 43,377 |
| Long-term debt due within one year (Note 5) | 67,811 | 63,749 | 114,795 |
| Total current liabilities | 1,342,705 | 1,110,854 | 1,267,824 |
| Long-term debt, net (Note 5) | 2,769,698 | 2,670,300 | 2,704,583 |
| Operating lease liabilities | 176,585 | 174,567 | 192,328 |
| Other long-term liabilities | 234,301 | 246,359 | 243,307 |
| Deferred income taxes, net | 205,859 | 268,464 | 216,049 |
| Total liabilities | 4,729,148 | 4,470,544 | 4,624,091 |
| Commitments and contingencies (Note 9) | |||
| Stockholders' Equity | |||
| Preferred Stock, Par or Stated Value Per Share | $ 0.01 | $ 0.01 | $ 0.01 |
| Preferred stock, shares authorized | 25,000,000 | 25,000,000 | 25,000,000 |
| Preferred stock, shares issued | 0 | 0 | 0 |
| Preferred stock, shares outstanding | 0 | 0 | 0 |
| 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 authorized | 100,000,000 | 100,000,000 | 100,000,000 |
| Common stock, shares issued | 46,789,000 | 46,744,000 | 46,610,000 |
| Common stock, $0.01 par value, 100,000 shares authorized, 46,789, 46,744 and 46,610 shares issued, respectively | $ 468 | $ 467 | $ 466 |
| Exchangeable Shares Par Value Per Share | $ 0.01 | $ 0.01 | $ 0.01 |
| Exchangeable Shares, Shares, Issued | 0 | 3,000 | 34,000 |
| Exchangeable shares, $0.01 par value, 0, 3 and 34 shares issued and outstanding, respectively (Note 4) | $ 0 | $ 0 | $ 0 |
| Additional paid-in capital | 1,106,813 | 1,184,577 | 1,192,901 |
| Accumulated other comprehensive (loss) income | (68,908) | 10,923 | 44,689 |
| Retained earnings | $ 705,923 | $ 895,889 | $ 598,826 |
| Treasury stock, shares | 6,465,708 | 6,466,000 | 6,161,000 |
| 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’ equity | 1,264,879 | 1,612,439 | 1,432,471 |
| Noncontrolling interests | 286,839 | 235,045 | 233,989 |
| Total stockholders’ equity | 1,551,718 | 1,847,484 | 1,666,460 |
| Total liabilities and stockholders’ equity | $ 6,280,866 | $ 6,318,028 | $ 6,290,551 |