Vail Resorts, Inc. (MTN)

Vail Resorts Balance Sheet

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

Assets

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Jan 31, 2026	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021
Cash & Equivalents	231.35	371.37	384.74	581.47	440.29	467.03	488.21	403.77	322.83	705.43	812.16	728.86	562.98	896.09	1,295	1,181	1,107	1,401	1,407	1,468
Short-Term Investments	37.11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trading Asset Securities	-	-	-	-	-	-	-	-	-	6.27	9.12	-	-	-	-	-	-	-	-	-
Cash & Short-Term Investments	268.46	371.37	384.74	581.47	440.29	467.03	488.21	403.77	322.83	711.7	821.28	728.86	562.98	896.09	1,295	1,181	1,107	1,401	1,407	1,468
Cash Growth (YoY)	-39.03%	-20.48%	-21.20%	44.01%	36.39%	-34.38%	-40.55%	-44.60%	-42.66%	-20.58%	-36.59%	-38.28%	-49.16%	-36.05%	-7.94%	-19.57%	-10.98%	4.20%	8.15%	217.69%
Accounts Receivable	347.97	353.39	151.63	89.48	374.68	335.9	123.55	130.16	375.75	342.92	138.27	105.55	381.07	351.6	160.39	118.49	383.43	267.11	167.09	108.99
Other Receivables	7.34	3.53	8.42	86.3	7.69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	355.31	356.92	160.05	175.79	382.37	335.9	123.55	130.16	375.75	342.92	138.27	105.55	381.07	351.6	160.39	118.49	383.43	267.11	167.09	108.99
Inventory	134.63	129.07	141.38	154.38	117.18	114.57	131.97	152.94	118.99	107.82	134.84	157.71	132.55	103.61	122.09	139.93	108.72	92.61	104.57	103.7
Prepaid Expenses	56.72	36.76	60.14	78.07	58.09	38.85	56.99	75.37	51.52	-	-	-	43.22	-	-	-	-	-	-	-
Restricted Cash	15.68	15.95	21.1	19.12	16.13	13.78	16.34	14.68	14.24	11.46	13.33	11.53	10.12	22.54	24.1	20.12	18.68	20.8	15.64	14.48
Other Current Assets	45.67	42.15	55.32	38.79	35.73	33.73	27.42	76.7	18.64	57.31	71.09	130.86	78.19	108.59	158.3	162.19	173.28	63.72	73.1	82.31
Total Current Assets	876.47	952.22	822.72	1,048	1,050	1,004	844.49	853.62	901.96	1,231	1,179	1,135	1,208	1,482	1,760	1,622	1,792	1,845	1,767	1,778
Property, Plant & Equipment	2,561	2,603	2,651	2,617	2,617	2,641	2,633	2,689	2,677	2,476	2,539	2,532	2,564	2,570	2,622	2,505	2,310	2,340	2,389	2,267
Long-Term Investments	-	-	-	-	-	-	-	-	-	-	-	13.93	17.23	16.71	19.27	22.99	12.3	-	-	-
Goodwill	1,674	1,703	1,698	1,665	1,675	1,679	1,627	1,671	1,678	1,677	1,700	1,668	1,720	1,694	1,723	1,689	1,755	1,753	1,764	1,791
Other Intangible Assets	293.6	299.51	300.08	296.04	298.5	300.03	292.82	300.53	302.54	299.35	304.12	300.46	309.35	306.52	310.67	307.41	314.06	315.03	318.08	319.25
Other Long-Term Assets	121.03	128.48	128.26	138.65	137.24	139.68	133.56	127.72	127.3	125.9	125.57	111.37	128.88	129.5	129.81	134.78	135.09	144.13	131.13	136.12
Total Assets	5,526	5,686	5,600	5,764	5,778	5,763	5,531	5,642	5,687	5,809	5,848	5,760	5,948	6,199	6,565	6,281	6,318	6,397	6,370	6,291

Liabilities

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Jan 31, 2026	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021
Accounts Payable	153.12	105.17	142.18	143.12	139.98	128.61	138.19	141.91	141.25	103.45	130.8	161.58	148.52	114.16	179.22	162.37	151.26	104.1	137.9	116.5
Accrued Expenses	210.36	174.17	219.93	82.81	237.41	136.44	139.66	91.01	206.68	117.41	129.38	91.07	182.2	105.56	120.4	85.25	208.31	125.25	105.9	89.21
Current Portion of Long-Term Debt	44.86	73.51	73.01	589.74	599.51	590.38	584.25	57.05	59.31	68.47	69.14	69.66	69.16	68.97	69.58	67.81	63.75	63.74	63.75	114.8
Current Portion of Leases	74.74	35.94	36.62	35.76	34.88	35.1	34.04	34.53	32.61	39.21	38.77	38.33	36.9	37.05	36.67	35.33	34.22	39.53	35.44	36.04
Current Income Taxes Payable	4.69	76.24	13.88	0.92	11.45	101.38	10.23	8.63	46.43	120.71	18.02	16.66	83.51	49.02	73.56	84.37	104.28	23.89	24.15	43.38
Current Unearned Revenue	566.48	467.04	717.52	927.31	602.12	468.61	688.4	901.59	575.77	448.76	660.28	872.42	572.6	448.32	619.51	787.51	511.31	326.01	611.48	743.81
Other Current Liabilities	42.75	112.64	120.24	157.3	42.28	172.12	191.93	128.96	44.5	142.68	182.4	113.12	37.8	163.28	188.99	120.06	37.73	147.36	176.43	124.09
Total Current Liabilities	1,097	1,045	1,323	1,937	1,668	1,633	1,787	1,364	1,107	1,041	1,229	1,363	1,131	986.36	1,288	1,343	1,111	829.87	1,155	1,268
Long-Term Debt	2,695	2,521	2,430	2,180	2,180	1,705	1,720	2,312	2,322	2,305	2,327	2,339	2,358	2,412	2,429	2,411	2,670	2,331	2,342	2,357
Long-Term Leases	597.83	627.42	639.5	614.46	629.47	621.39	628.82	631.45	644.94	550.63	563.78	558.27	561.2	536.3	544.8	535.64	174.57	533.13	543.51	545.59
Long-Term Deferred Tax Liabilities	262.18	264.65	264.26	264.26	252.04	279.26	278.42	279.69	276.79	284.67	286.58	286.04	276.14	401.24	288.07	205.86	268.46	404.1	282.43	216.05
Other Long-Term Liabilities	317.17	312.47	297.94	300	294.46	288.51	301.56	310.3	311.77	306.22	291.33	285.45	286.26	264.24	237.48	234.3	246.36	233.69	253.05	237.96
Total Liabilities	4,969	4,770	4,955	5,296	5,024	4,527	4,715	4,897	4,662	4,487	4,697	4,832	4,612	4,600	4,788	4,729	4,471	4,332	4,576	4,624

Shareholders' Equity

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Jan 31, 2026	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021
Common Stock	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47
Additional Paid-In Capital	1,195	1,188	1,181	1,174	1,172	1,161	1,154	1,147	1,146	1,139	1,133	1,126	1,124	1,118	1,113	1,107	1,185	1,178	1,173	1,193
Retained Earnings	549.07	818.33	583	452.1	718.66	997.44	687.17	524.45	766.83	1,039	760.82	619.73	873.71	1,081	837.57	705.92	895.89	1,082	786.47	598.83
Treasury Stock	-1,454	-1,454	-1,454	-1,408	-1,408	-1,206	-1,176	-1,156	-1,136	-1,110	-1,035	-1,035	-984.31	-883.31	-479.42	-479.42	-479.42	-441.91	-404.41	-404.41
Comprehensive Income & Other	-50.74	-1.32	-8.46	-61.73	-57.89	-57.07	-134.7	-71.44	-67.29	-64.64	-29.84	-78.38	-10.36	-42.43	-8.57	-68.91	10.92	10.76	10.42	44.69
Total Common Equity	240.53	551.73	301.82	156.46	424.5	895.38	530.7	444.1	709.93	1,004	829.9	633.03	1,004	1,274	1,463	1,265	1,612	1,829	1,566	1,432
Minority Interest	316.87	364.37	342.97	311.59	329.41	340.56	285.36	301.2	314.95	318.52	320.76	295.15	331.71	325.58	314.77	286.84	235.05	235.86	228.14	233.99
Shareholders' Equity	557.4	916.09	644.79	468.05	753.9	1,236	816.06	745.3	1,025	1,322	1,151	928.18	1,336	1,599	1,777	1,552	1,847	2,065	1,794	1,666
Total Liabilities & Equity	5,526	5,686	5,600	5,764	5,778	5,763	5,531	5,642	5,687	5,809	5,848	5,760	5,948	6,199	6,565	6,281	6,318	6,397	6,370	6,291

Additional Metrics

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Jan 31, 2026	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021
Total Debt	3,412	3,257	3,179	3,420	3,444	2,952	2,967	3,035	3,059	2,963	2,998	3,005	3,025	3,054	3,080	3,049	2,943	2,968	2,985	3,053
Net Cash (Debt)	-3,144	-2,886	-2,795	-2,839	-3,004	-2,485	-2,479	-2,631	-2,736	-2,251	-2,177	-2,277	-2,462	-2,158	-1,785	-1,868	-1,835	-1,567	-1,578	-1,585
Net Cash Growth (YoY)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Per Share	-88.23	-80.88	-78.10	-79.05	-82.25	-66.67	-66.23	-70.21	-72.86	-59.34	-57.22	-59.73	-64.17	-54.33	-44.15	-46.37	-45.54	-38.51	-38.65	-39.18
Filing Date Shares Outstanding	35.64	35.63	35.63	35.78	35.88	37.15	37.34	37.44	37.49	37.62	37.97	37.97	38.15	38.55	40.33	40.32	40.28	40.28	40.59	40.49
Total Common Shares Outstanding	35.64	35.63	35.63	35.95	35.89	37.15	37.34	37.44	37.49	37.62	37.97	37.97	38.15	38.55	40.33	40.32	40.28	40.44	40.59	40.48
Working Capital	-220.52	-92.48	-500.65	-889.36	-617.84	-628.77	-942.19	-510.05	-204.58	190.52	-49.97	-228.34	77.42	496.07	472.2	278.96	680.68	1,016	612.39	510.03
Book Value Per Share	6.75	15.48	8.47	4.35	11.83	24.10	14.21	11.86	18.94	26.67	21.86	16.67	26.32	33.04	36.27	31.37	40.03	45.24	38.57	35.38
Tangible Book Value	-1,727	-1,451	-1,696	-1,804	-1,549	-1,084	-1,389	-1,528	-1,271	-972.45	-1,174	-1,335	-1,026	-726.63	-571.11	-731.26	-456.55	-238.24	-516.64	-677.31
Tangible Book Value Per Share	-48.46	-40.72	-47.61	-50.18	-43.17	-29.17	-37.20	-40.80	-33.90	-25.85	-30.93	-35.18	-26.89	-18.85	-14.16	-18.14	-11.33	-5.89	-12.73	-16.73
Land	728.23	809.55	808.69	804.38	723.62	802.31	793.8	804.95	723.36	797.47	800.46	790.55	715.68	791.85	793.27	780.98	682.39	766.42	767.43	757.63
Buildings	-	1,777	1,769	1,716	-	1,706	1,685	1,687	1,614	1,644	1,649	1,627	1,573	1,637	1,636	1,575	1,503	1,564	1,565	1,493
Machinery	470.95	2,736	2,730	2,568	446.43	2,533	2,472	2,409	2,313	2,319	2,321	2,171	2,107	2,205	2,185	1,993	1,835	1,928	1,906	1,812
Construction In Progress	97.09	61.93	61.3	183.92	114.36	115.2	105.31	178.42	106.02	78.51	74.88	185.23	134.11	105.73	135.9	221.99	127.28	97.81	114.17	113.85

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 11, 2026

Data Sources Report a data error