SuperworthVail Resorts free cash flow MTN
Cash from operations less capital spending, by quarter and over the last twelve months, from 2009.
- Last 12 months, to Jul 31, 2026
- $248M
- Latest quarter, Q4 FY26
- −$153M
- Fiscal year 2026
- $248M
- −22% on the year before
Vail Resorts' free cash flow was $248M over the twelve months to Jul 31, 2026, down 22% on a year earlier.
In its latest quarter, Q4 FY26, it was −$153M.
Over the five fiscal years to FY2026 it shrank 10% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2026 | $248M | −22% |
| FY2025 | $319.7M | −15% |
| FY2024 | $377.8M | +16% |
| FY2023 | $324.7M | −37% |
| FY2022 | $517.7M | +26% |
| FY2021 | $410.2M | +84% |
| FY2020 | $222.6M | −50% |
| FY2019 | $442.2M | +8% |
| FY2018 | $407.9M | +24% |
| FY2017 | $328.8M | +4% |
| FY2016 | $317.5M | +77% |
| FY2015 | $179.8M | +41% |
| FY2014 | $127.6M | −3% |
| FY2013 | $131.8M | +150% |
| FY2012 | $52.8M | −69% |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q4 FY26 | −$153M | n/a | $248M | |
| Q3 FY26 | −$28.2M | −134% | $175.4M | |
| Q2 FY26 | $185M | −26% | $285.8M | |
| Q1 FY26 | $244.3M | +15% | $352.2M | |
| Q4 FY25 | −$225.7M | n/a | $319.7M | |
| Q3 FY25 | $82.2M | −3% | $397.3M | |
| Q2 FY25 | $251.4M | +52% | $400.1M | |
| Q1 FY25 | $211.7M | −23% | $314.4M | |
| Q4 FY24 | −$148.1M | n/a | $377.8M | |
| Q3 FY24 | $85M | +28% | $384.9M | |
| Q2 FY24 | $165.8M | −13% | $366.6M | |
| Q1 FY24 | $275.1M | +32% | $390.9M |
Against its peers
Companies in Entertainment nearest Vail Resorts' size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| MTNVail Resorts | 4.7% |
| NXSTNexstar Media | 14.4% |
| CHDNChurchill Downs | 12.3% |
| CNKCinemark | n/m |
| RSIRush Street Interactive | 4.9% |
| MSGEMadison Square Garden Entertainment | 8.8% |
| ADEAAdeia | 8.1% |
| WMGWarner Music | 5.2% |
| PRSUPursuit Attractions & Hospitality | −0.4% |
| PRKSUnited Parks & Resorts | 12.0% |
| FWONKLiberty Media | 3.8% |
| Peer median | 8.1% |
Where Vail Resorts ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Vail Resorts
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.