Vail Resorts profit margin MTN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 5.2%
- Operating margin, 12 months
- 14.8%
- Net margin on a year earlier
- −4.2 pts
- Peer median
- 8.0%
Over the twelve months to Jul 31, 2026, Vail Resorts kept 5.2% of its revenue as net profit, with an operating margin of 14.8%.
Five years earlier its net margin was 6.7%.
The median for 10 entertainment stocks of a similar size is 8.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2026 | 5.2% | 14.8% |
| FY2025 | 9.4% | 18.9% |
| FY2024 | 8.0% | 16.9% |
| FY2023 | 9.3% | 17.5% |
| FY2022 | 13.8% | 23.8% |
| FY2021 | 6.7% | 13.7% |
| FY2020 | 5.0% | 11.4% |
| FY2019 | 13.3% | 21.0% |
| FY2018 | 18.9% | 20.3% |
| FY2017 | 11.0% | 19.9% |
| FY2016 | 9.4% | 17.7% |
| FY2015 | 8.2% | 15.0% |
| FY2014 | 2.3% | 9.3% |
| FY2013 | 3.4% | 8.7% |
| FY2012 | 1.6% | 5.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 5.2% | −4.2 pts | 14.8% | |
| Q3 FY26 | 5.5% | −4.1 pts | 15.2% | |
| Q2 FY26 | 7.9% | −0.8 pts | 17.6% | |
| Q1 FY26 | 9.0% | +0.9 pts | 18.6% | |
| Q4 FY25 | 9.4% | +1.4 pts | 18.9% | |
| Q3 FY25 | 9.7% | +0.1 pts | 18.9% | |
| Q2 FY25 | 8.8% | +0.3 pts | 17.9% | |
| Q1 FY25 | 8.1% | +0.1 pts | 17.1% | |
| Q4 FY24 | 8.0% | −1.3 pts | 16.9% | |
| Q3 FY24 | 9.6% | −0.4 pts | 18.3% | |
| Q2 FY24 | 8.4% | −3.4 pts | 17.0% | |
| Q1 FY24 | 8.0% | −5.3 pts | 16.1% |
Against its peers
Companies in Entertainment nearest Vail Resorts' size, closest first, today.
| Company | Profit margin |
|---|---|
| MTNVail Resorts | 5.2% |
| NXSTNexstar Media | 3.2% |
| CHDNChurchill Downs | 13.8% |
| CNKCinemark | 6.4% |
| RSIRush Street Interactive | 2.3% |
| MSGEMadison Square Garden Entertainment | 6.2% |
| ADEAAdeia | 26.1% |
| WMGWarner Music | 9.2% |
| PRSUPursuit Attractions & Hospitality | 7.9% |
| PRKSUnited Parks & Resorts | 8.1% |
| FWONKLiberty Media | 9.4% |
| Peer median | 8.0% |
Where Vail Resorts ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Vail Resorts
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.