# VAIL RESORTS, INC. (MTN) · Edgar & Edgarette company card

> Vail Resorts (MTN) saw revenue fall 4.3% in FY2026 to $2.8 billion, operating margin 14.8% against a 7.0% median for miscellaneous amusement & recreation, equity 4.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 812011 · fiscal year ended 2026-07-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MTN) · [JSON](https://www.pops4.com/boards/company/MTN.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.8B |
| Revenue growth, 1 year | -4.3% |
| Revenue growth per year | 3.0% |
| Operating margin | 14.8% (prior year 18.9%) |
| Net margin | 6.0% |
| Operating cash flow | $480M |
| Capital spending | $232M |
| Free cash flow | $248M |
| Cash | $231M |
| Long-term debt | $3.2B |
| Total assets | $5.5B |
| Total equity | $241M |
| Equity ÷ assets | 4.4% |
| Return on equity | 71.0% |
| Dividend per share | $8.88 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 0.62 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $2.8B (FY2026), total debt $3.2B. Experience: revenue down 4.3% on the year, up 3.0% a year over 4 years; operating margin 14.8%, down from 18.9%. Soundness: equity 4.4% of assets, return on equity 71.0%, payout 185.7% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.3B and $3.2B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.0B to $3.6B. A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, services-miscellaneous amusement & recreation): operating margin 14.8% against a 7.0% median; growth -4.3% against 2.0%.

Range logged 2026-09-28, receipt a40dab0a94bb566f, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-09-02 ([filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000035/0000812011-26-000035-index.htm))

## Recent filings

- 8-K · filed 2026-10-19 · 1.01 Entry into a Material Definitive Agreement · [filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000147/0000812011-26-000147-index.htm)
- 10-K · filed 2026-09-28 · [filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000049/0000812011-26-000049-index.htm)
- 8-K · filed 2026-09-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000048/0000812011-26-000048-index.htm)
- 8-K · filed 2026-09-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000035/0000812011-26-000035-index.htm)
- 8-K · filed 2026-07-30 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000032/0000812011-26-000032-index.htm)
- 8-K · filed 2026-06-24 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/812011/000081201126000029/0000812011-26-000029-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000812011.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=812011

## Cite

POPS4, Edgar & Edgarette: VAIL RESORTS, INC. (MTN) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/MTN. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.