Vail Resorts SEC filings document operating results, ski-season metrics and material events for a NYSE-listed mountain resort operator with common stock traded under MTN. The company’s 8-K disclosures include quarterly results, guidance updates, Regulation FD materials, season-to-date skier visits and lift revenue metrics for its North American resorts and regional ski areas.
Filings also cover capital-structure matters, including credit agreement amendments, dividend declarations, governance items from annual meeting votes, auditor ratification and advisory compensation votes. These records describe the company’s resort economics, financing arrangements, shareholder voting outcomes and formal public-company reporting obligations.
Baron Capital Group and related entities report a large ownership stake in Vail Resorts, Inc. They collectively report beneficial ownership of 4,809,928 shares of Vail Resorts common stock, representing 13.44% of the class as of 12/31/2025, on a Schedule 13G/A (Amendment No. 24).
Baron Capital Group, Inc., BAMCO Inc., Baron Capital Management, Inc., Baron Growth Fund and Ronald Baron report no sole voting or dispositive power, but shared voting power over 4,679,385 shares and shared dispositive power over 4,809,928 shares. The filing states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Vail Resorts.
Vail Resorts, Inc. entered into a Tenth Amended and Restated Credit Agreement that replaces its existing term loan facilities with a new $1,275,000,000 senior term loan facility.
The agreement extends the revolver and term loan maturities to the earlier of five years from closing or ninety days before the maturity of its 5.625% senior notes due 2030, and lowers borrowing costs by revising the leverage-based pricing grid and removing a 0.10% credit spread adjustment on certain reference-rate loans.
Capital World Investors reported beneficial ownership of 4,312,266 shares of Vail Resorts, Inc. common stock, representing 12.1% of the class. This stake is based on 35,775,575 shares of Vail Resorts common stock believed to be outstanding.
Capital World Investors, a division of Capital Research and Management Company and its investment management affiliates, has sole voting power over 4,291,504 shares and sole dispositive power over 4,312,266 shares, with no shared voting or dispositive authority. The securities are reported as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Vail Resorts.
Vail Resorts executive Celeste Burgoyne reported new equity awards. As EVP and Chief Revenue Officer of Vail Resorts Inc., she received multiple grants on February 1, 2026.
These include 17,281 restricted share units that vest in one installment on February 1, 2027, plus 24,393 and 9,875 RSUs that vest in three equal annual installments starting one year after the grant date. She was also granted 38,665 share appreciation rights with an exercise price of $133.07, vesting in three equal installments beginning on the first anniversary of the grant and expiring on February 1, 2036. All awards are held directly.
Vail Resorts EVP & Chief Financial Officer Angela A. Korch reported equity award activity on February 1, 2026. A total of 408 and 473 restricted share units were converted into common stock at an exercise price of $0 per share.
To cover tax withholding on these vestings, 202 and 235 shares of common stock were withheld at $133.07 per share. After these transactions, Korch directly beneficially owned 5,349 shares of Vail Resorts common stock.
Vail Resorts executive Celeste Burgoyne has filed an initial insider ownership report showing no current holdings of company stock. The Form 3 lists Burgoyne as Executive Vice President and Chief Revenue Officer of Vail Resorts, Inc. and states that no securities are beneficially owned as of the reported date.
Vail Resorts, Inc. furnished an update on its current ski season, sharing certain ski season metrics for the season-to-date period ended January 4, 2026. The company provided this information through a press release dated January 15, 2026, which is included as Exhibit 99.1 and incorporated by reference.
The disclosure is made as a Regulation FD item, meaning it is intended to provide broad, simultaneous access to this operational update. The company also clarifies that this information, including Exhibit 99.1, is furnished rather than filed and will only be incorporated into future Securities Act registration statements if specifically identified there.
Vail Resorts, Inc. reported the results of its Annual Meeting held on December 9, 2025. Stockholders elected all nine director nominees, including Reginald Chambers, Susan L. Decker, Robert A. Katz and others, each receiving over 29.7 million votes for and relatively few votes against.
Stockholders also ratified the selection of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the fiscal year ending July 31, 2026, with 32,953,909 votes for and 782,785 against. In addition, on an advisory basis, investors approved the compensation of the company’s named executive officers, with 30,133,974 votes for and 1,035,376 against, indicating broad support for current executive pay practices.
Vail Resorts (MTN) reported a wider seasonal loss but higher revenue for the quarter ended October 31, 2025. Total net revenue rose to $271.0M from $260.3M, driven mainly by the Mountain segment, where net revenue increased 6.9% to $185.2M on stronger Australian ski performance and higher lift, ski school, and retail/rental revenue. Resort net revenue (Mountain plus Lodging) reached $270.9M.
The company posted a net loss attributable to Vail Resorts of $186.8M, versus $173.3M a year earlier, with basic and diluted loss per share at $5.20 compared with $4.62. Total Reported EBITDA was a seasonal loss of $128.2M, slightly worse than the prior year. Lodging Reported EBITDA declined to $2.9M as summer group demand softened, while Real Estate Reported EBITDA was $11.5M, down from $15.1M.
Operating cash flow improved to $315.9M from $282.7M, and cash and cash equivalents increased to $581.5M. Long-term and current debt totaled $3.17B, including $525.0M of 0.0% Convertible Notes due in early 2026, which the company may refinance using its expanded credit facilities and 5.625% notes. Vail paid a quarterly cash dividend of $2.22 per share and approved another dividend at the same rate, and it has authorization remaining to repurchase about 1.54 million shares, though no shares were repurchased in the quarter. The company also revised prior-period financials for immaterial errors related to interest and depreciation without changing overall trends.
Vail Resorts, Inc. filed a current report to announce that it has released financial results for the three months ended October 31, 2025, which is its fiscal 2026 first quarter. The company reported these quarterly results in a press release dated December 10, 2025.
The press release detailing Vail Resorts’ fiscal 2026 first quarter performance is furnished as Exhibit 99.1 to this report and is incorporated by reference, making it the primary source for the company’s latest earnings information.