Vail Resorts Inc (MTN) — Tangible Net Worth Ratio
Vail Resorts Inc (MTN) has a Tangible Net Worth Ratio of 36.8% as of October 2025. This metric is calculated by deducting intangible assets ($296.04 Million) from net assets ($468.05 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore MTN net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vail Resorts Inc Tangible Net Worth Ratio (1996–2025)
This chart shows how Vail Resorts Inc's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of October 2025, the ratio stands at 36.8%, reflecting net assets of $468.05 Million with intangible assets of $296.04 Million USD. For live market cap and overall valuation, see MTN company net worth.
Annual Tangible Net Worth Ratio for Vail Resorts Inc (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Vail Resorts Inc from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Vail Resorts Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 60.4% | $753.90 Million | $298.50 Million | $5.78 Billion | ▼ -10.5 pp |
| 2024 | 70.9% | $1.04 Billion | $302.54 Million | $5.70 Billion | ▼ -6.0 pp |
| 2023 | 76.8% | $1.34 Billion | $309.35 Million | $5.95 Billion | ▼ -6.2 pp |
| 2022 | 83.0% | $1.85 Billion | $314.06 Million | $6.32 Billion | ▲ +0.4 pp |
| 2021 | 82.6% | $1.83 Billion | $319.11 Million | $6.25 Billion | ▲ +3.1 pp |
| 2020 | 79.4% | $1.53 Billion | $314.78 Million | $5.24 Billion | ▼ -2.8 pp |
| 2019 | 82.3% | $1.73 Billion | $306.17 Million | $4.43 Billion | ▼ -2.2 pp |
| 2018 | 84.5% | $1.81 Billion | $280.57 Million | $4.06 Billion | ▲ +0.9 pp |
| 2017 | 83.6% | $1.80 Billion | $294.93 Million | $4.11 Billion | ▼ -0.6 pp |
| 2016 | 84.2% | $888.47 Million | $140.01 Million | $2.48 Billion | ▲ +0.6 pp |
| 2015 | 83.6% | $880.59 Million | $144.15 Million | $2.49 Billion | ▼ -2.3 pp |
| 2014 | 85.9% | $834.80 Million | $117.52 Million | $2.17 Billion | ▲ +0.4 pp |
| 2013 | 85.5% | $837.87 Million | $121.34 Million | $2.28 Billion | ▼ -3.2 pp |
| 2012 | 88.7% | $816.33 Million | $92.07 Million | $1.93 Billion | ▼ -0.5 pp |
| 2011 | 89.2% | $843.72 Million | $91.10 Million | $1.95 Billion | ▲ +0.3 pp |
| 2010 | 88.9% | $802.39 Million | $89.27 Million | $1.92 Billion | ▼ -1.1 pp |
| 2009 | 90.0% | $796.12 Million | $79.43 Million | $1.88 Billion | ▼ -0.4 pp |
| 2008 | 90.4% | $758.67 Million | $72.53 Million | $1.93 Billion | ▲ +0.3 pp |
| 2007 | 90.1% | $741.75 Million | $73.51 Million | $1.91 Billion | ▲ +1.2 pp |
| 2006 | 88.9% | $675.34 Million | $75.11 Million | $1.69 Billion | ▲ +2.4 pp |
| 2005 | 86.5% | $570.20 Million | $76.97 Million | $1.53 Billion | ▲ +30.1 pp |
| 2004 | 56.4% | $528.27 Million | $230.29 Million | $1.53 Billion | ▲ +0.8 pp |
| 2003 | 55.6% | $525.40 Million | $233.46 Million | $1.46 Billion | ▼ -3.6 pp |
| 2002 | 59.2% | $532.74 Million | $217.59 Million | $1.45 Billion | ▼ -3.2 pp |
| 2001 | 62.3% | $517.83 Million | $194.96 Million | $1.19 Billion | ▲ +1.2 pp |
| 2000 | 61.1% | $501.15 Million | $194.86 Million | $1.13 Billion | ▲ +2.7 pp |
| 1999 | 58.4% | $484.10 Million | $201.50 Million | $1.09 Billion | ▼ -35.9 pp |
| 1998 | 94.3% | $462.62 Million | $26.49 Million | $912.12 Million | ▲ +43.6 pp |
| 1997 | 50.6% | $405.70 Million | $200.30 Million | $855.90 Million | ▲ +19.3 pp |
| 1996 | 31.3% | $123.90 Million | $85.10 Million | $422.60 Million | — |