Vail Resorts Balance Sheet

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Cash & Equivalents	581.47	440.29	322.83	562.98	1,107	1,244
Cash & Short-Term Investments	581.47	440.29	322.83	562.98	1,107	1,244
Cash Growth	44.01%	36.39%	-42.66%	-49.16%	-10.98%	218.16%
Receivables	175.79	382.37	375.75	381.07	383.43	345.41
Inventory	154.38	117.18	118.99	132.55	108.72	80.32
Prepaid Expenses	78.07	58.09	51.52	43.22	-	-
Restricted Cash	19.12	16.13	14.24	10.12	18.68	14.61
Other Current Assets	38.79	35.73	18.64	78.19	173.28	61.29
Total Current Assets	1,048	1,050	901.96	1,208	1,792	1,746
Property, Plant & Equipment	2,617	2,617	2,677	2,564	2,310	2,273
Long-Term Investments	-	-	-	17.23	12.3	-
Goodwill	1,665	1,675	1,678	1,720	1,755	1,781
Other Intangible Assets	296.04	298.5	302.54	309.35	314.06	319.11
Long-Term Deferred Charges	-	-	-	-	-	37.11
Other Long-Term Assets	138.65	137.24	127.3	128.88	135.09	95.62
Total Assets	5,764	5,778	5,687	5,948	6,318	6,251
Accounts Payable	143.12	139.98	141.25	148.52	151.26	98.26
Accrued Expenses	82.81	237.41	206.68	182.2	208.31	190.82
Current Portion of Long-Term Debt	589.74	561.9	59.31	69.16	63.75	114.12
Current Portion of Leases	35.76	72.49	32.61	36.9	34.22	34.67
Current Income Taxes Payable	0.92	11.45	46.43	83.51	104.28	48.81
Current Unearned Revenue	927.31	602.12	575.77	572.6	511.31	456.46
Other Current Liabilities	157.3	42.28	44.5	37.8	37.73	35.26
Total Current Liabilities	1,937	1,668	1,107	1,131	1,111	978.4
Long-Term Debt	2,180	2,211	2,322	2,358	2,670	2,749
Long-Term Leases	614.46	598.55	644.94	561.2	174.57	190.56
Long-Term Deferred Tax Liabilities	264.26	252.04	276.79	276.14	268.46	252.82
Other Long-Term Liabilities	300	294.46	311.77	286.26	246.36	251.09
Total Liabilities	5,296	5,024	4,662	4,612	4,471	4,422
Common Stock	0.47	0.47	0.47	0.47	0.47	0.47
Additional Paid-In Capital	1,174	1,172	1,146	1,124	1,185	1,197
Retained Earnings	452.1	718.66	766.83	873.71	895.89	773.75
Treasury Stock	-1,408	-1,408	-1,136	-984.31	-479.42	-404.41
Comprehensive Income & Other	-61.73	-57.89	-67.29	-10.36	10.92	27.8
Total Common Equity	156.46	424.5	709.93	1,004	1,612	1,595
Minority Interest	311.59	329.41	314.95	331.71	235.05	234.47
Shareholders' Equity	468.05	753.9	1,025	1,336	1,847	1,829
Total Liabilities & Equity	5,764	5,778	5,687	5,948	6,318	6,251
Total Debt	3,420	3,444	3,059	3,025	2,943	3,088
Net Cash (Debt)	-2,839	-3,004	-2,736	-2,462	-1,835	-1,845
Net Cash Per Share	-77.11	-80.74	-72.07	-61.92	-45.11	-45.18
Filing Date Shares Outstanding	35.78	35.88	37.49	38.15	40.28	40.43
Total Common Shares Outstanding	35.95	35.89	37.49	38.15	40.28	40.43
Working Capital	-889.36	-617.84	-204.58	77.42	680.68	767.19
Book Value Per Share	4.35	11.83	18.94	26.32	40.03	39.45
Tangible Book Value	-1,804	-1,549	-1,271	-1,026	-456.55	-505.56
Tangible Book Value Per Share	-50.18	-43.17	-33.90	-26.89	-11.33	-12.51
Land	804.38	723.62	723.36	715.68	682.39	675.47
Buildings	1,716	1,642	1,614	1,573	1,503	1,454
Machinery	2,568	2,479	2,313	2,107	1,835	1,746
Construction In Progress	183.92	114.36	106.02	134.11	127.28	67.71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.