Vail Resorts Inc

NYSE:MTN USA Resorts & Casinos
Market Cap
$5.17 Billion
Market Cap Rank
#2853 Global
#1950 in USA
Share Price
$144.39
Change (1 day)
+9.02%
52-Week Range
$128.35 - $169.63
All Time High
$334.43
Categories
Companies in USA Resorts & Casinos
About

Vail Resorts, Inc., together with its subsidiaries, operates mountain resorts and regional ski areas in the United States and internationally. It operates in three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates destination mountain resorts and regional ski areas. This segment is also involved in ancillary activities, including ski school, dining, and retail/rental ope… Read more

Vail Resorts Inc (MTN) - Net Assets

Latest net assets as of October 2025: $468.05 Million USD

Based on the latest financial reports, Vail Resorts Inc (MTN) has net assets worth $468.05 Million USD as of October 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.76 Billion) and total liabilities ($5.30 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $468.05 Million
% of Total Assets 8.12%
Annual Growth Rate 6.42%
5-Year Change -58.78%
10-Year Change -15.15%
Growth Volatility 46.1

Vail Resorts Inc - Net Assets Trend (1996–2025)

This chart illustrates how Vail Resorts Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Vail Resorts Inc (1996–2025)

The table below shows the annual net assets of Vail Resorts Inc from 1996 to 2025.

Year Net Assets Change
2025-07-31 $753.90 Million -27.40%
2024-07-31 $1.04 Billion -22.25%
2023-07-31 $1.34 Billion -27.70%
2022-07-31 $1.85 Billion +1.01%
2021-07-31 $1.83 Billion +19.42%
2020-07-31 $1.53 Billion -11.30%
2019-07-31 $1.73 Billion -4.68%
2018-07-31 $1.81 Billion +0.71%
2017-07-31 $1.80 Billion +102.48%
2016-07-31 $888.47 Million +0.89%
2015-07-31 $880.59 Million +5.48%
2014-07-31 $834.80 Million -0.37%
2013-07-31 $837.87 Million +2.64%
2012-07-31 $816.33 Million -3.25%
2011-07-31 $843.72 Million +5.15%
2010-07-31 $802.39 Million +0.79%
2009-07-31 $796.12 Million +4.94%
2008-07-31 $758.67 Million +2.28%
2007-07-31 $741.75 Million +9.83%
2006-07-31 $675.34 Million +18.44%
2005-07-31 $570.20 Million +7.94%
2004-07-31 $528.27 Million +0.54%
2003-07-31 $525.40 Million -1.38%
2002-07-31 $532.74 Million +2.88%
2001-07-31 $517.83 Million +3.33%
2000-07-31 $501.15 Million +3.52%
1999-07-31 $484.10 Million +4.64%
1998-07-31 $462.62 Million +14.03%
1997-07-31 $405.70 Million +227.44%
1996-07-31 $123.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Vail Resorts Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 71866200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (July 2025)

Component Amount Percentage
Retained Earnings $718.66 Million 169.30%
Common Stock $469.00K 0.11%
Other Comprehensive Income $-57.89 Million -13.64%
Total Equity $424.50 Million 100.00%

Vail Resorts Inc Competitors by Market Cap

The table below lists competitors of Vail Resorts Inc ranked by their market capitalization.

Company Market Cap
Eastroc Beverage Group Co Ltd
SHG:605499
 		$4.82 Billion
Main Street Capital Corporation
NYSE:MAIN
 		$4.83 Billion
True Corporation Public Company Limited
PINK:TCPFF
 		$4.83 Billion
Hyundai Engineering & Construction
KO:000720
 		$4.83 Billion
Taylor Wimpey plc
PINK:TWODF
 		$4.82 Billion
Canara Bank
NSE:CANBK
 		$4.81 Billion
ESAB CORP. DL -001
F:O03
 		$4.81 Billion
LTIMindtree Limited
NSE:LTIM
 		$4.81 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vail Resorts Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 723,537,000 to 424,499,000, a change of -299,038,000 (-41.3%).
  • Net income of 280,004,000 contributed positively to equity growth.
  • Dividend payments of 328,168,000 reduced retained earnings.
  • Share repurchases of 270,000,000 reduced equity.
  • Other comprehensive income increased equity by 9,399,000.
  • Other factors increased equity by 9,727,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $280.00 Million +65.96%
Dividends Paid $328.17 Million -77.31%
Share Repurchases $270.00 Million -63.6%
Other Comprehensive Income $9.40 Million +2.21%
Other Changes $9.73 Million +2.29%
Total Change $- -41.33%

Book Value vs Market Value Analysis

This analysis compares Vail Resorts Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 12.65x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 24.53x to 12.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-07-31 $5.89 $144.39 x
1997-07-31 $18.87 $144.39 x
1998-07-31 $14.93 $144.39 x
1999-07-31 $13.78 $144.39 x
2000-07-31 $13.82 $144.39 x
2001-07-31 $12.03 $144.39 x
2002-07-31 $14.39 $144.39 x
2003-07-31 $13.97 $144.39 x
2004-07-31 $14.01 $144.39 x
2005-07-31 $14.95 $144.39 x
2006-07-31 $16.72 $144.39 x
2007-07-31 $18.14 $144.39 x
2008-07-31 $18.72 $144.39 x
2009-07-31 $20.87 $144.39 x
2010-07-31 $21.47 $144.39 x
2011-07-31 $22.58 $144.39 x
2012-07-31 $21.88 $144.39 x
2013-07-31 $22.43 $144.39 x
2014-07-31 $22.15 $144.39 x
2015-07-31 $23.17 $144.39 x
2016-07-31 $23.44 $144.39 x
2017-07-31 $38.92 $144.39 x
2018-07-31 $38.19 $144.39 x
2019-07-31 $36.46 $144.39 x
2020-07-31 $32.24 $144.39 x
2021-07-31 $39.06 $144.39 x
2022-07-31 $39.63 $144.39 x
2023-07-31 $25.25 $144.39 x
2024-07-31 $19.06 $144.39 x
2025-07-31 $11.41 $144.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vail Resorts Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 65.96%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.45%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 13.61x
  • Recent ROE (65.96%) is above the historical average (10.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 3.79% 2.49% 0.45x 3.41x $-7.69 Million
1997 4.86% 5.96% 0.39x 2.11x $-20.87 Million
1998 4.26% 5.96% 0.36x 1.97x $-26.56 Million
1999 2.68% 2.69% 0.44x 2.28x $-34.89 Million
2000 2.10% 1.92% 0.48x 2.28x $-39.01 Million
2001 2.74% 2.51% 0.46x 2.39x $-36.04 Million
2002 1.39% 1.15% 0.42x 2.85x $-43.68 Million
2003 -1.72% -1.20% 0.49x 2.93x $-58.15 Million
2004 -1.21% -0.83% 0.47x 3.12x $-55.08 Million
2005 4.28% 2.86% 0.53x 2.82x $-30.91 Million
2006 7.12% 5.45% 0.50x 2.63x $-18.52 Million
2007 8.60% 6.53% 0.49x 2.67x $-10.01 Million
2008 14.12% 8.93% 0.60x 2.64x $30.05 Million
2009 6.40% 5.01% 0.52x 2.46x $-27.58 Million
2010 3.85% 3.40% 0.47x 2.44x $-48.49 Million
2011 4.16% 2.96% 0.60x 2.35x $-48.48 Million
2012 2.05% 1.61% 0.53x 2.40x $-63.78 Million
2013 4.58% 3.37% 0.49x 2.76x $-44.64 Million
2014 3.47% 2.27% 0.58x 2.65x $-53.61 Million
2015 13.24% 8.20% 0.56x 2.87x $28.10 Million
2016 17.12% 9.35% 0.65x 2.84x $62.30 Million
2017 13.40% 11.04% 0.46x 2.62x $53.44 Million
2018 23.90% 18.89% 0.49x 2.56x $220.95 Million
2019 20.07% 13.26% 0.51x 2.95x $151.10 Million
2020 7.51% 5.03% 0.37x 3.98x $-32.84 Million
2021 8.02% 6.69% 0.31x 3.92x $-31.61 Million
2022 21.58% 13.77% 0.40x 3.92x $186.68 Million
2023 26.48% 9.20% 0.49x 5.92x $165.43 Million
2024 31.94% 8.01% 0.51x 7.88x $158.75 Million
2025 65.96% 9.45% 0.51x 13.61x $237.55 Million

Industry Comparison

This section compares Vail Resorts Inc's net assets metrics with peer companies in the Resorts & Casinos industry.

Industry Context

  • Industry: Resorts & Casinos
  • Average net assets among peers: $3,859,979,137
  • Average return on equity (ROE) among peers: -4.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vail Resorts Inc (MTN) $468.05 Million 3.79% 11.31x $4.82 Billion
Archon Corporation (ARHN) $24.65 Million -30.23% 8.66x $132.68K
Bally's Corp (BALY) $211.41 Million 26.08% 3.83x $133.77 Million
Bloomberry Resorts Corporation (BLBRF) $30.29 Billion 20.05% 1.40x $522.71 Million
Blue Ridge Real Estate Company (BRRE) $-708.73K 0.00% 0.00x $8.61 Million
Boyd Gaming Corporation (BYD) $1.11 Billion 10.52% 2.51x $4.44 Billion
Banyan Tree Holdings Limited (BYNEF) $719.75 Million 1.87% 1.27x $195.40K
Concorde Gaming Corporation (CGAM) $1.98 Million -48.86% 7.92x $0.91
Century Casinos Inc (CNTY) $126.98 Million -37.80% 4.36x $29.64 Million
Canterbury Park Holding Corporation (CPHC) $49.42 Million 5.50% 0.32x $39.22 Million
Caesars Entertainment Corporation (CZR) $6.07 Billion 8.83% 2.67x $3.95 Billion