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Vail Resorts, Inc. (MTN) Financials

MTN
FY2026 annual
Revenue $2.8B -4.3% YoY
Net Income $147.5M -47.3% YoY
EPS (Diluted) $4.12 -45.3% YoY
Free Cash Flow $248.0M -22.4% YoY
Market Cap $5.0B as of Oct 3, 2026
Price / Sales 1.8x on $2.8B revenue, FY2026
Price / Earnings 34.1x on $147.5M net income, FY2026
Price / Book 20.9x on $240.5M equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jul 31, 2026 Reported Currency USD FYE July

Newest figures come from the 10-K for FY2026, filed Sep 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MTN SEC filings page.

Vail Resorts, Inc. (MTN) reported $2.8B in revenue for fiscal year 2026, down 4.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MTN FY2026

Profitability has weakened while debt has become much heavier relative to equity, making financing structure more consequential than sales scale.

Between FY2022 and FY2026, net margin narrowed from 13.8% to 5.2%. Over the same span, debt-to-equity climbed from 1.7x to 12.9x, so weaker earnings are arriving alongside a thinner equity cushion.

In FY2026, operating cash flow of $480M was more than three times net income of $148M, a gap indicating that non-cash charges and working-capital movements materially supported cash generation. After capital spending of $232M, free cash flow was $248M, showing that much of the operating cash was reinvested rather than available for distribution.

Dividends of $317M exceeded FY2026 free cash flow of $248M, meaning distributions were not fully covered by post-investment cash generation. A current ratio of 0.8 and equity of $241M show limited balance-sheet slack, consistent with the sharply higher leverage.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 47 / 100
Financial Health Score 47/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Vail Resorts, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
83

Vail Resorts, Inc. has an operating margin of 14.8%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 83/100, reflecting efficient cost management and pricing power. This is down from 18.9% the prior year.

Growth
28

Vail Resorts, Inc.'s revenue declined 4.3% year-over-year, from $3.0B to $2.8B. This contraction results in a growth score of 28/100.

Leverage
15

Vail Resorts, Inc. has elevated debt relative to equity (D/E of 12.90), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 15/100, reflecting increased financial risk.

Liquidity
11

Vail Resorts, Inc.'s current ratio of 0.80 is below the typical benchmark, resulting in a score of 11/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
66

Vail Resorts, Inc. converts 8.7% of revenue into free cash flow ($248.0M). This strong cash generation earns a score of 66/100.

Returns
76

Vail Resorts, Inc. earns a strong 61.3% return on equity (ROE), meaning it generates $61 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 76/100. This is down from 66.0% the prior year.

Altman Z-Score Distress
1.46

Vail Resorts, Inc. scores 1.46, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
6/8

Vail Resorts, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
3.25x

For every $1 of reported earnings, Vail Resorts, Inc. generates $3.25 in operating cash flow ($479.6M OCF vs $147.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
2.05x

Vail Resorts, Inc. earns $2.05 in operating income for every $1 of interest expense ($420.5M vs $205.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$278.1M
YoY+2.5%
QoQ-76.9%
5Y CAGR+6.4%
10Y CAGR+4.5%

Vail Resorts, Inc. generated $278.1M in revenue in Q4 2026. This represents an increase of 2.5% from the same quarter a year earlier. Against the prior quarter it is down 76.9%.

EBITDA
-$127.9M
YoY-2.7%
QoQ-122.4%

Vail Resorts, Inc.'s EBITDA was -$127.9M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2.7% from the same quarter a year earlier. Against the prior quarter it is down 122.4%.

Net Income
-$190.2M
YoY-5.1%
QoQ-160.5%

Vail Resorts, Inc. reported -$190.2M in net income in Q4 2026. This represents a decrease of 5.1% from the same quarter a year earlier. Against the prior quarter it is down 160.5%.

EPS (Diluted)
-$5.31
YoY-10.9%
QoQ-160.3%

Vail Resorts, Inc. earned -$5.31 per diluted share (EPS) in Q4 2026. This represents a decrease of 10.9% from the same quarter a year earlier. Against the prior quarter it is down 160.3%.

Cash & Balance Sheet

Free Cash Flow
-$153.0M
YoY+32.2%
QoQ-441.9%

Vail Resorts, Inc. recorded an outflow of $153.0M in free cash flow in Q4 2026, representing a cash shortfall after capex. This represents an increase of 32.2% from the same quarter a year earlier. Against the prior quarter it is down 441.9%.

Cash & Debt
$231.3M
YoY-47.5%
QoQ-37.7%
5Y CAGR-28.6%
10Y CAGR+13.0%

Vail Resorts, Inc. held $231.3M in cash against $3.1B in long-term debt as of Q4 2026.

Dividends Per Share
$2.22
YoY0.0%
QoQ0.0%
10Y CAGR+10.6%

Vail Resorts, Inc. paid $2.22 per share in dividends in Q4 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding
36M
YoY-0.7%
QoQ0.0%
5Y CAGR-2.5%
10Y CAGR-0.2%

Vail Resorts, Inc. had 36M shares outstanding in Q4 2026. This represents a decrease of 0.7% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Operating Margin
-75.1%
YoY-1.7pp
QoQ-116.1pp
5Y change+8.4pp
10Y change-23.0pp

Vail Resorts, Inc.'s operating margin was -75.1% in Q4 2026, reflecting core business profitability. This is down 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 116.1 percentage points.

Net Margin
-68.4%
YoY-1.7pp
QoQ-94.5pp
5Y change+0.6pp
10Y change-32.1pp

Vail Resorts, Inc.'s net profit margin was -68.4% in Q4 2026, showing the share of revenue converted to profit. This is down 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 94.5 percentage points.

Return on Equity
-79.1%
YoY-36.5pp
QoQ-136.0pp
5Y change-70.2pp
10Y change-71.6pp

Vail Resorts, Inc.'s ROE was -79.1% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 36.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 136.0 percentage points.

Gross Margin

Not reported for Q4 2026.

Capital Allocation

Share Buybacks
$0
YoY-100.0%

Vail Resorts, Inc. repurchased no shares in Q4 2026. This represents a decrease of 100.0% from the same quarter a year earlier.

Capital Expenditures
$50.0M
YoY-10.6%
QoQ+42.6%
5Y CAGR+11.1%
10Y CAGR+9.1%

Vail Resorts, Inc. invested $50.0M in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 10.6% from the same quarter a year earlier. Against the prior quarter it is up 42.6%.

R&D Spending

Not reported for Q4 2026.

MTN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MTN quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Revenue$278.1M+2.5%$1.2B-7.0%$1.1B-4.7%$271.0M+4.1%$271.3M+2.2%$1.3B+1.0%$1.1B+5.5%$260.3M+0.7%
Operating Income-$208.8M-4.9%$494.1M-14.5%$345.0M-9.9%-$209.8M-3.9%-$199.1M+1.1%$577.8M+5.7%$383.2M+9.3%-$201.9M+2.5%
EBITDA-$127.9M-2.7%$571.3M-12.6%$419.4M-8.3%-$136.7M-4.8%-$124.6M+1.8%$653.8M+6.3%$457.5M+8.9%-$130.4M+7.1%
Interest Expense$53.5M+21.0%$51.3M+22.5%$49.5M+16.0%$51.3M+19.8%$44.3M+1.9%$41.9M+5.1%$42.7M+5.1%$42.8M+5.1%
Income Tax-$61.1M-14.8%$105.6M-18.8%$72.3M-15.9%-$60.6M-3.8%-$53.2M+9.5%$130.1M+0.6%$86.0M-1.7%-$58.4M+10.4%
Net Income-$190.2M-5.1%$314.4M-19.3%$210.0M-14.1%-$186.8M-7.8%-$180.9M-3.5%$389.7M+7.7%$244.4M+11.4%-$173.3M+1.3%
EPS (Basic)-$5.31-10.9%$8.82-15.8%$5.87-10.2%-$5.20-12.6%-$4.79-3.9%$10.47+9.4%$6.54+13.1%-$4.62-0.4%
EPS (Diluted)-$5.31-10.9%$8.81-15.8%$5.87-10.1%-$5.20-12.6%-$4.79-4.4%$10.46+9.6%$6.53+13.4%-$4.62-0.4%
Diluted Shares (Avg)N/A36M-4.3%36M-4.4%36M-4.2%N/A37M-1.7%37M-1.6%37M-1.7%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

MTN Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MTN quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Total Assets$5.5B-4.4%$5.7B-1.1%$5.6B+1.5%$5.8B+2.4%$5.8B+1.6%$5.7B-1.0%$5.5B-5.6%$5.6B-2.2%
Current Assets$876.5M-16.5%$952.2M-4.7%$822.7M-1.9%$1.0B+24.0%$1.0B+16.4%$999.4M-18.8%$838.5M-28.9%$844.7M-25.5%
Cash & Equivalents$231.3M-47.5%$371.4M-20.5%$384.7M-21.2%$581.5M+44.0%$440.3M+36.4%$467.0M-33.8%$488.2M-39.9%$403.8M-44.6%
Short-Term Investments$37.1M$0$0$0$0$0$0$0
Inventory$134.6M+14.9%$129.1M+12.7%$141.4M+7.1%$154.4M+0.9%$117.2M-1.5%$114.6M+6.3%$132.0M-2.1%$152.9M-3.0%
Accounts Receivable$355.3M-7.1%$356.9M+6.3%$160.0M+29.5%$97.5M-25.1%$382.4M+1.8%$335.9M-2.0%$123.6M-10.6%$130.2M+23.3%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$1.7B-0.1%$1.7B+1.4%$1.7B+4.4%$1.7B-0.4%$1.7B-0.2%$1.7B+0.1%$1.6B-4.3%$1.7B+0.2%
Total Liabilities$5.0B-1.1%$4.8B+5.2%$5.0B+5.0%$5.3B+8.1%$5.0B+7.8%$4.5B+1.0%$4.7B+0.5%$4.9B+1.4%
Current Liabilities$1.1B-34.2%$1.0B-35.8%$1.3B-25.8%$1.9B+42.7%$1.7B+50.7%$1.6B+56.5%$1.8B+45.1%$1.4B-0.4%
Non-Current Liabilities$3.9B+15.4%$3.7B+28.3%$3.6B+23.7%$3.4B-5.2%$3.4B-5.6%$2.9B-15.7%$2.9B-15.4%$3.5B+2.1%
Long-Term Debt$3.1B+19.6%$2.9B+40.0%$2.9B+34.9%$2.6B-4.7%$2.6B-5.0%$2.1B-22.0%$2.1B-22.2%$2.7B-0.8%
Total Equity$240.5M-43.3%$551.7M-37.1%$301.8M-41.5%$156.5M-63.6%$424.5M-40.2%$877.2M-12.6%$515.5M-37.9%$430.1M-32.1%
Retained Earnings$549.1M-23.6%$818.3M-16.4%$583.0M-13.2%$452.1M-11.4%$718.7M-6.3%$979.2M-5.8%$672.0M-11.7%$510.4M-17.6%

MTN Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MTN quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Cash Flow-$103.0M+39.3%$6.8M-94.1%$259.9M-20.4%$315.9M+11.7%-$169.7M-84.5%$115.4M+5.1%$326.4M+34.5%$282.7M-13.9%
Depreciation & Amortization$80.9M+8.7%$77.2M+1.5%$74.3M0.0%$73.1M+2.2%$74.5M0.0%$76.1M+11.1%$74.4M+7.1%$71.5M+7.2%
Stock-Based CompensationN/AN/AN/A$6.2M-6.7%N/AN/AN/A$6.7M-1.5%
Capital Expenditures$50.0M-10.6%$35.1M+5.5%$74.9M-0.1%$71.7M+0.9%$55.9M-0.3%$33.2M+33.8%$75.0M-2.5%$71.0M+33.0%
Free Cash Flow-$153.0M+32.2%-$28.2M-134.4%$185.0M-26.4%$244.3M+15.4%-$225.7M-52.4%$82.2M-3.3%$251.4M+51.7%$211.7M-23.0%
Investing Cash Flow-$87.0M-77.5%-$32.9M-19.9%-$74.3M-30.4%-$71.7M-0.9%-$49.0M+67.4%-$27.5M-10.7%-$57.0M+20.4%-$71.0M-1375.9%
Financing Cash Flow$66.2M-65.7%$5.9M+104.5%-$392.2M-129.9%-$101.0M+23.9%$193.1M+234.4%-$132.5M+27.3%-$170.6M-74.9%-$132.6M+13.7%
Dividends Paid$79.1M-0.8%$79.1M-4.1%$79.1M-4.5%$79.8M-4.0%$79.7M-4.2%$82.5M-1.6%$82.8M+5.9%$83.1M+6.0%
Share Buybacks$0-100.0%$0-100.0%$45.0M+125.0%$0-100.0%$200.0M+700.0%$30.0M-60.0%$20.0M$20.0M-60.0%

MTN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MTN quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Margin-75.1%-1.7pp41.0%-3.6pp31.8%-1.9pp-77.4%+0.2pp-73.4%+2.5pp44.6%+2.0pp33.7%+1.2pp-77.6%+2.5pp
Net Margin-68.4%-1.7pp26.1%-4.0pp19.4%-2.1pp-68.9%-2.3pp-66.7%-0.8pp30.1%+1.9pp21.5%+1.2pp-66.6%+1.3pp
Return on Equity-79.1%-36.5pp57.0%+12.6pp69.6%+22.2pp-119.4%-79.1pp-42.6%-18.0pp44.4%+8.4pp47.4%+21.0pp-40.3%-12.6pp
Return on Assets-3.4%-0.3pp5.5%-1.2pp3.8%-0.7pp-3.2%-0.2pp-3.1%-0.1pp6.8%+0.5pp4.4%+0.7pp-3.1%0.0pp
Current Ratio0.80+0.2x0.91+0.3x0.62+0.2x0.54-0.1x0.63-0.2x0.61-0.6x0.47-0.5x0.62-0.2x
Debt-to-Equity12.90+6.8x5.35+2.9x9.47+5.4x16.51+10.2x6.11+2.3x2.40-0.3x4.11+0.8x6.30+2.0x
Asset Turnover0.050.0x0.210.0x0.190.0x0.050.0x0.050.0x0.230.0x0.210.0x0.050.0x
FCF Margin-55.0%+28.1pp-2.3%-8.7pp17.1%-5.0pp90.1%+8.8pp-83.2%-27.4pp6.3%-0.3pp22.1%+6.7pp81.3%

Not reported in any period shown, so not listed: Gross Margin.

Note: The current ratio is below 1.0 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Vail Resorts, Inc. MTN FY2026 $2.8B $147.5M 5.2% $5.0B 47/100
Red Rock Resorts, Inc. RRR FY2025 $2.0B $355.7M 17.7% $3.0B 55/100
Caesars Entertainment, Inc. CZR FY2025 $11.5B -$437.0M -3.8% $6.0B 40/100
Melco Resorts & Entertainment Limited MLCO FY2025 $5.2B $185.0M 3.6% $1.6B 34/100
Hilton Grand Vacations Inc. HGV FY2025 $5.0B $81.0M 1.6% $2.7B 23/100
Boyd Gaming Corporation BYD FY2025 $4.1B $1.8B 45.1% $4.9B 46/100

Frequently Asked Questions

What is Vail Resorts, Inc.'s annual revenue?

Vail Resorts, Inc. (MTN) reported $2.8B in total revenue for fiscal year 2026. This represents a -4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Vail Resorts, Inc.'s revenue growing?

Vail Resorts, Inc. (MTN) revenue declined by 4.3% year-over-year, from $3.0B to $2.8B in fiscal year 2026.

Is Vail Resorts, Inc. profitable?

Yes, Vail Resorts, Inc. (MTN) reported a net income of $147.5M in fiscal year 2026, with a net profit margin of 5.2%.

Vail Resorts, Inc. (MTN) reported diluted earnings per share of $4.12 for fiscal year 2026. This represents a -45.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Vail Resorts, Inc. (MTN) had EBITDA of $726.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Vail Resorts, Inc. (MTN) had $231.3M in cash and equivalents against $3.1B in long-term debt.

Vail Resorts, Inc. (MTN) had an operating margin of 14.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Vail Resorts, Inc. (MTN) had a net profit margin of 5.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Yes, Vail Resorts, Inc. (MTN) paid $8.88 per share in dividends during fiscal year 2026.

Vail Resorts, Inc. (MTN) has a return on equity of 61.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Vail Resorts, Inc. (MTN) generated $248.0M in free cash flow during fiscal year 2026. This represents a -22.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Vail Resorts, Inc. (MTN) generated $479.6M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Vail Resorts, Inc. (MTN) had $5.5B in total assets as of fiscal year 2026, including both current and long-term assets.

Vail Resorts, Inc. (MTN) invested $231.6M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Yes, Vail Resorts, Inc. (MTN) spent $45.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Vail Resorts, Inc. (MTN) had 36M shares outstanding as of fiscal year 2026.

Vail Resorts, Inc. (MTN) had a current ratio of 0.80 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

Vail Resorts, Inc. (MTN) had a debt-to-equity ratio of 12.90 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Vail Resorts, Inc. (MTN) had a return on assets of 2.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Vail Resorts, Inc. (MTN) trades at 34.1x earnings, its market capitalization divided by net income of $147.5M net income, FY2026. The market capitalization is $5.0B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Vail Resorts, Inc. (MTN) trades at 1.8x sales, its market capitalization divided by revenue of $2.8B revenue, FY2026. The market capitalization is $5.0B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Vail Resorts, Inc. (MTN) has an Altman Z-Score of 1.46, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Vail Resorts, Inc. (MTN) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Vail Resorts, Inc. (MTN) has an earnings quality ratio of 3.25x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Vail Resorts, Inc. (MTN) has an interest coverage ratio of 2.05x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Vail Resorts, Inc. (MTN) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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