Vail Resorts Inc. (MTN) Financial Statements (2025 and earlier)
Company Profile
Business Address |
390 INTERLOCKEN CRESCENT BROOMFIELD, CO 80021 |
State of Incorp. | DE |
Fiscal Year End | July 31 |
Industry (SIC) | 799 - Miscellaneous Amusement And Recreation (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
10/31/2024 Q1 | 7/31/2024 Q4 | 4/30/2024 Q3 | 1/31/2024 Q2 | 10/31/2023 Q1 | 7/31/2023 Q4 | 4/30/2023 Q3 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 322,827 | 705,429 | 812,163 | 728,859 | 562,975 | 896,089 | |||
Cash and cash equivalents | 322,827 | 705,429 | 812,163 | 728,859 | 562,975 | 896,089 | |||
Restricted cash and investments | 14,236 | 11,458 | 13,329 | 11,532 | 10,118 | 22,544 | |||
Receivables | 375,752 | 342,920 | 138,269 | 105,546 | 381,067 | 351,597 | |||
Inventory, net of allowances, customer advances and progress billings | 118,988 | 107,815 | 134,839 | 157,707 | 132,548 | 103,606 | |||
Inventory | 118,988 | 107,815 | 134,839 | 157,707 | 132,548 | 103,606 | |||
Other current assets | 79,558 | 63,578 | 80,204 | 130,861 | 121,403 | 108,592 | |||
Total current assets: | 911,361 | 1,231,200 | 1,178,804 | 1,134,505 | 1,208,111 | 1,482,428 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 256,627 | 186,924 | 189,838 | 187,128 | 192,289 | 199,990 | |||
Inventory, real estate | 86,548 | 86,568 | 86,737 | 86,465 | 90,207 | 90,078 | |||
Property, plant and equipment | 2,422,635 | 2,288,755 | 2,349,424 | 2,344,601 | 2,371,557 | 2,370,273 | |||
Intangible assets, net (including goodwill) | 1,980,510 | 1,975,957 | 2,004,024 | 1,968,485 | 2,029,689 | 2,000,552 | |||
Goodwill | 1,677,975 | 1,676,610 | 1,699,909 | 1,668,028 | 1,720,344 | 1,694,033 | |||
Intangible assets, net (excluding goodwill) | 302,535 | 299,347 | 304,115 | 300,457 | 309,345 | 306,519 | |||
Other noncurrent assets | 40,756 | 39,332 | 38,837 | 38,832 | 55,901 | 56,130 | |||
Total noncurrent assets: | 4,787,076 | 4,577,536 | 4,668,860 | 4,625,511 | 4,739,643 | 4,717,023 | |||
TOTAL ASSETS: | 5,698,437 | 5,808,736 | 5,847,664 | 5,760,016 | 5,947,754 | 6,199,451 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 403,280 | 431,638 | 394,529 | 348,705 | 414,231 | 381,093 | |||
Accounts payable | 141,246 | 103,451 | 130,796 | 161,581 | 148,521 | 114,164 | |||
Accrued liabilities | 262,034 | 328,187 | 263,733 | 187,124 | 265,710 | 266,929 | |||
Deferred revenue | 575,766 | 448,760 | 660,281 | 872,418 | 572,602 | 448,321 | |||
Debt | 57,153 | 68,470 | 69,135 | 69,659 | 69,160 | 68,970 | |||
Other undisclosed current liabilities | 77,110 | 91,811 | 104,829 | 72,065 | 74,702 | 87,977 | |||
Total current liabilities: | 1,113,309 | 1,040,679 | 1,228,774 | 1,362,847 | 1,130,695 | 986,361 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 2,721,597 | 2,700,257 | 2,721,598 | 2,732,037 | 2,750,675 | 2,773,747 | |||
Long-term debt, excluding current maturities | 2,721,597 | 2,700,257 | 2,721,598 | 2,732,037 | 2,750,675 | 2,773,747 | |||
Liabilities, other than long-term debt | 618,180 | 546,245 | 563,597 | 559,398 | 554,163 | 687,003 | |||
Deferred revenue | 104,900 | 106,700 | 108,300 | 107,900 | 109,700 | 111,400 | |||
Deferred income tax liabilities | 279,815 | 284,665 | 286,581 | 286,036 | 276,137 | 401,240 | |||
Operating lease, liability | 233,465 | 154,880 | 168,716 | 165,462 | 168,326 | 174,363 | |||
Other undisclosed noncurrent liabilities | 206,868 | 199,523 | 183,030 | 177,554 | 176,561 | 152,843 | |||
Total noncurrent liabilities: | 3,546,645 | 3,446,025 | 3,468,225 | 3,468,989 | 3,481,399 | 3,613,593 | |||
Total liabilities: | 4,659,954 | 4,486,704 | 4,696,999 | 4,831,836 | 4,612,094 | 4,599,954 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 723,537 | 1,003,508 | 829,904 | 633,031 | 1,003,947 | 1,273,918 | |||
Common stock | 469 | 469 | 469 | 469 | 468 | 468 | |||
Additional paid in capital | 1,145,610 | 1,139,089 | 1,133,275 | 1,126,033 | 1,124,433 | 1,118,221 | |||
Accumulated other comprehensive loss | (67,288) | (64,640) | (29,838) | (78,376) | (10,358) | (42,434) | |||
Retained earnings | 780,431 | 1,039,023 | 760,820 | 619,727 | 873,710 | 1,080,972 | |||
Other undisclosed equity, attributable to parent | (1,135,685) | (1,110,433) | (1,034,822) | (1,034,822) | (984,306) | (883,309) | |||
Equity, attributable to noncontrolling interest | 314,946 | 318,524 | 320,761 | 295,149 | 331,713 | 325,579 | |||
Total equity: | 1,038,483 | 1,322,032 | 1,150,665 | 928,180 | 1,335,660 | 1,599,497 | |||
TOTAL LIABILITIES AND EQUITY: | 5,698,437 | 5,808,736 | 5,847,664 | 5,760,016 | 5,947,754 | 6,199,451 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
10/31/2024 Q1 | 7/31/2024 Q4 | 4/30/2024 Q3 | 1/31/2024 Q2 | 10/31/2023 Q1 | 7/31/2023 Q4 | 4/30/2023 Q3 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 265,386 | 1,283,282 | 1,077,958 | 258,565 | 269,768 | 1,238,431 | ||
Gross profit: | 265,386 | 1,283,282 | 1,077,958 | 258,565 | 269,768 | 1,238,431 | ||
Operating expenses | (68,508) | (69,057) | (70,157) | (68,771) | (60,746) | (75,366) | ||
Other undisclosed operating loss | (395,578) | (667,593) | (657,249) | (396,849) | (369,123) | (662,539) | ||
Operating income (loss): | (198,700) | 546,632 | 350,552 | (207,055) | (160,101) | 500,526 | ||
Nonoperating income (expense) | 5,039 | 2,791 | 7,903 | (1,281) | 8,666 | 5,974 | ||
Investment income, nonoperating | 4,949 | 5,096 | 4,863 | 3,684 | 6,010 | 7,740 | ||
Gain (loss), foreign currency transaction, before tax | 90 | (2,305) | 3,040 | (4,965) | 2,656 | (1,766) | ||
Interest and debt expense | (40,671) | (39,853) | (40,585) | (40,730) | (40,211) | (39,139) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | (234,332) | 509,570 | 317,870 | (249,066) | (191,646) | 467,361 | ||
Other undisclosed income (loss) from continuing operations before income taxes | (320) | 1,093 | (579) | 859 | 123 | 94 | ||
Income (loss) from continuing operations before income taxes: | (234,652) | 510,663 | 317,291 | (248,207) | (191,523) | 467,455 | ||
Income tax expense (benefit) | 52,790 | (129,280) | (87,486) | 65,160 | 56,901 | (124,289) | ||
Net income (loss): | (181,862) | 381,383 | 229,805 | (183,047) | (134,622) | 343,166 | ||
Net income (loss) attributable to noncontrolling interest | 22,359 | (19,388) | (10,506) | 7,535 | 23,011 | (18,160) | ||
Other undisclosed net loss attributable to parent | (15,874) | (16,955) | ||||||
Net income (loss) available to common stockholders, diluted: | (175,377) | 361,995 | 219,299 | (175,512) | (128,566) | 325,006 |
Comprehensive Income ($ in thousands)Annual | Quarterly
10/31/2024 Q1 | 7/31/2024 Q4 | 4/30/2024 Q3 | 1/31/2024 Q2 | 10/31/2023 Q1 | 7/31/2023 Q4 | 4/30/2023 Q3 | ||
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Net income (loss): | (181,862) | 381,383 | 229,805 | (183,047) | (134,622) | 343,166 | ||
Other undisclosed comprehensive income (loss) | 1,622 | (52,881) | 67,290 | (94,564) | 46,925 | (38,553) | ||
Comprehensive income (loss): | (180,240) | 328,502 | 297,095 | (277,611) | (87,697) | 304,613 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2,215 | (1,309) | (29,258) | 34,081 | (8,793) | (13,476) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (178,025) | 327,193 | 267,837 | (243,530) | (96,490) | 291,137 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.