Vail Resorts Stock Price, News & Analysis

Vail Resorts (NYSE:MTN) announced that Epic Passes for the 2025/26 season go off sale on December 4, 2025, including Epic 1-7 Day Passes, and urged customers to purchase before that deadline.

Key consumer features: Epic Friend Tickets offer 50% off lift tickets for friends and family with the full cost of a redeemed Friend Ticket eligible as credit toward a 2026/27 Epic Pass for non‑passholders; lodging Cyber Sale offers up to 30% off room rates Nov. 24–Dec. 5 with Resort Rewards gift cards for 3+ night bookings. The release highlights holiday events and resort openings across major destinations including Whistler Blackcomb, Park City, Vail, Breckenridge, Beaver Creek, Keystone, Stowe, and select Swiss resorts.

Uber (NYSE:UBER) launched Uber Ski, a seasonal Reserve product available now through end of March that lets users book vehicles sized for ski gear up to 90 days in advance.

Uber partnered with Vail Resorts (NYSE:MTN) and Epic Pass to allow customers to buy Epic Pass or Epic Day Pass directly in the Uber app; Epic Pass sales end in December, after which lift tickets remain available through Uber Ski.

Vail Resorts (MTN) announced new Epic Friend Tickets and reminded buyers that Epic Pass prices rise after November 16, 2025. Season-long Pass benefits include unlimited access to 42 North American resorts with 90+ global partner resorts, plus Epic Mountain Rewards. New: each 2025/26 Epic Pass buyer receives six Epic Friend Tickets redeemable all season for 50% off lift tickets, and friends can apply the ticket cost as credit toward an eligible 2026/27 Pass. Resort opening dates begin October 25 (Keystone) and continue through early December.

Vail Resorts (NYSE: MTN) announced significant changes to its Board of Directors as two long-serving members, John Sorte and John Redmond, will not seek reelection at the 2025 Annual Meeting of Stockholders.

Mr. Sorte, who has served since 1993, and Mr. Redmond, who joined in 2008, have been instrumental in transforming Vail Resorts from a regional operator into the world's largest mountain resort company. Following their departure, the Board will consist of nine Directors, with eight being independent.

The company emphasized that these transitions are not due to any disagreements on operations, policies, or practices, and reflect the Board's ongoing commitment to refreshment and maintaining the right mix of skills and expertise.

Vail Resorts (NYSE:MTN) reported its fiscal 2025 results with net income of $280.0 million, up from $231.1 million in 2024. Resort Reported EBITDA increased 2% to $844.1 million, despite total skier visits declining 3% across North American resorts.

The company announced pass product sales for 2025/2026 season decreased 3% in units but increased 1% in dollar value. For fiscal 2026, Vail expects net income between $201-276 million and Resort Reported EBITDA of $842-898 million.

Key financial actions include: a quarterly dividend of $2.22 per share, repurchase of 1.29 million shares for $200 million in Q4, and completion of a $500 million Senior Notes offering at 5.625%. The company acknowledged underperformance and outlined strategic initiatives to drive future growth, including new marketing approaches and the introduction of Epic Friend Tickets.

Vail Resorts (NYSE: MTN) has scheduled its fiscal year 2025 earnings release for September 29, 2025, after market close. The company will host a conference call at 5:00 p.m. ET the same day to discuss financial results.

Investors can access the call via telephone or webcast at VailResorts.com. A replay will be available through October 6, 2025. Vail Resorts operates a network of 37 premier ski resorts across North America, Switzerland, and Australia, including flagship properties like Vail Mountain, Breckenridge, and Whistler Blackcomb. The company also manages RockResorts hotels, vacation rentals, and over 250 retail locations.

Vail Resorts (NYSE:MTN) has announced its 2025/26 winter season opening dates and strategic initiatives across its global portfolio of more than 90 resorts. Keystone Resort will lead the season opening in mid-October, with other major resorts following through November. The company unveiled several key developments including: the new Sunrise Gondola at Park City Mountain, two six-seater chairlifts at Andermatt-Sedrun-Disentis, and the launch of Epic Friend Tickets offering 50% off lift tickets for pass holders' friends.

The company is introducing enhanced digital features in the My Epic app for Ski and Ride School across Colorado resorts. Notable celebrations include Whistler's 60th Anniversary with new Wonder Routes, Heavenly's 70th anniversary, and the Birds of Prey Olympic qualifier at Beaver Creek. The Epic Pass is currently available at $1,075 for adults and $548 for children until September 1, 2025.

Vail Resorts (NYSE:MTN) has introduced "Epic Friend Tickets," a new benefit for 2025/26 season-long Epic Pass holders that offers significant savings for friends and family. Pass holders will receive 6-10 Epic Friend Tickets providing 50% off lift tickets at 37 North American resorts for the 2025/26 winter season.

The initiative includes an innovative dual-savings feature where friends can apply 100% of the cost of one redeemed Epic Friend Ticket toward an eligible 2026/27 Epic Pass. The company also announced that 2025/26 Epic Pass prices will increase after September 1, with current prices at $1,075 for adults and $548 for children. The Epic Local Pass is priced at $799 for adults, while the Epic Military Pass starts at $190 for active and retired military.

Vail Resorts (NYSE: MTN) has announced the pricing of its senior notes offering at $500 million with a 5.625% interest rate, due in 2030. The offering, which was upsized from the initially announced $400 million, is expected to close on July 2, 2025.

The company plans to use the proceeds to repay borrowings under its revolving credit facility that funded a $200 million share repurchase completed in June 2025. Additionally, funds will be used to repurchase or repay a portion of its outstanding 0.00% Convertible Senior Notes due 2026.

The Notes will be unsecured senior obligations guaranteed by certain domestic subsidiaries and are being offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act.