MTN is the ticker symbol for VAIL RESORTS INC, a publicly traded Communication Services sector company listed on NYSE. 13F Pro tracks MTN with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is MTN a good stock to buy?

13F Pro's AI ranking engine scores MTN at 47.2/100, ranked #1,805 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for MTN is available at https://13fpro.ai/company/MTN. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source MTN data?

All VAIL RESORTS INC fundamentals and ownership data come directly from SEC EDGAR. VAIL RESORTS INC files with the SEC under CIK 812011. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

VAIL RESORTS INC MTN

NYSEMid CapCommunication Services

13F Pro quality score

Rank #1,805 of 2,925

Why it scores 47 Communication Services peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$278.07M

Quarter to Jul 31

Net income

$-190.16M

Quarter to Jul 31

Free cash flow

$-153.03M

Quarter to Jul 31

Operating margin

-75.1%

Quarter to Jul 31

Top Institutional Holders

as of Q2 2026

$6.31B total

BAMCO INC /NY/

$889.97M+29.6%

Capital World Investors

$593.05M-1.6%

Capital International Investors

$520.11M-4.8%

BlackRock, Inc.

$464.71M+1.1%

Oasis Management Co Ltd.

$317.10M+11.5%

GEODE CAPITAL MANAGEMENT, LLC

$236.09M+2.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

$231.40M+0.5%

VANGUARD CAPITAL MANAGEMENT LLC

$218.29M-0.1%

UBS Group AG

$205.06M+108.8%

First Pacific Advisors, LP

$177.67M+10.9%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$176.98M+9.0%

FMR LLC

$160.94M-1.5%

STATE STREET CORP

$157.33M+3.0%

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$131.42M-1.2%

HARRIS ASSOCIATES L P

$104.07M+2.5%

HighTower Advisors, LLC

$97.00M+22.7%

DIMENSIONAL FUND ADVISORS LP

$90.78M+2.7%

MORGAN STANLEY

$67.42M-35.8%

River Road Asset Management, LLC

$67.32M-1.9%

NORTHERN TRUST CORP

$65.22M+13.8%

Corient Private Wealth LLC

$55.41M-1.2%

Epoch Investment Partners, Inc.

$54.21M+2.8%

Bank of New York Mellon Corp

$49.75M-0.4%

GOLDMAN SACHS GROUP INC

$47.81M+601.3%

CRAMER ROSENTHAL MCGLYNN LLC

$37.01M+34.0%

See all 444 institutional holders →

What's Driving MTN's Business? Latest 10-K Breakdown

22/22 datapoints verified

AI-extracted from the 10-K filed 2026-09-28 — FY2026 (year ended July 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Resort Reported EBITDA fell 11.7% to $745.7M on a 13.4% drop in North American skier visits, as record low snowfall across the western U.S. drove lower demand.

Biggest Revenue Drivers

Mountain$2,503M-4.8% YoY

Decrease in Destination and Local skier visitation from record low snowfall and historically warm temperatures across the western U.S.

Lodging$329M-1.6% YoY

Decreased demand from lower skier visitation and summer group lodging, partially offset by GTLC owned hotel revenue.

Biggest Revenue Drivers

Total revenue: $2.8B (Mountain $2,503M + Lodging $329M -4.5% YoY (Resort net revenue)

Mountain$2,503M-4.8% YoY

Decrease in Destination and Local skier visitation from record low snowfall and historically warm temperatures across the western U.S.

Within Mountain

Lift$1,451M-3.5% YoY

Paid lift revenue down 17.5%, partially offset by a $38.8M increase in pass product revenue.

Lodging$329M-1.6% YoY

Decreased demand from lower skier visitation and summer group lodging, partially offset by GTLC owned hotel revenue.

Real Estate$6M+1,324% YoY

Real estate revenue primarily from land parcel sales to third-party developers; timing-driven.

Largest Expense Items

Mountain operating expense$1,775M-2.1% YoY

Cost savings from RET initiatives, reduced labor hours from weather-driven lower visitation, and lower variable costs; includes $10.0M one-time RET costs.

Lodging operating expense (excl. reimbursed payroll)$294M-1.0% YoY

Lower labor and G&A from RET savings, partially offset by higher taxes and assessments.

Depreciation and amortization$306M+3.1% YoY

Driven by additional capital projects completed at Resorts in the prior fiscal year.

Margins: Mountain Reported EBITDA declined 11.2% and Lodging Reported EBITDA declined 28.4% as weather-driven visitation losses outpaced $45M of RET savings. The company cites its high fixed cost structure as amplifying margin pressure from revenue declines.

Watch Items from the Filing

Pass product unit sales for 2026/2027 season through September 18, 2026 decreased approximately 12%, with sales dollars down approximately 6%.
Approximately $1.5 billion of variable-rate debt outstanding; a 100 basis point rate change would change annual interest payments by approximately $14.7M.
Epic Coverage refund obligations could be significantly higher than estimated if qualifying events occur during the ski season, reducing pass revenue recognized.
Total indebtedness of $3.2 billion as of July 31, 2026, with $3.0 billion of principal not due until fiscal 2030 and beyond.
RET initiatives delivered over $100M annualized efficiencies, with $110M expected in Fiscal 2027, exceeding original $100M plan.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-K on SEC EDGAR →

Key Metrics

Revenue

Q4 2026

EDGAR

Net Income

Q4 2026

EDGAR

EPS (Diluted)

Q4 2026

EDGAR

Operating Margin

Q4 2026

EDGAR

ROIC

Q4 2026

EDGAR

Free Cash Flow

Q4 2026

EDGAR

Debt/Equity

Q4 2026

EDGAR

Financial Trends

Revenue & Net Income

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Earnings Per Share

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VAIL RESORTS INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2026	10-K	$2.8B	$147.5M	14.8%
FY 2025	10-K	$3.0B	$280.0M	18.9%
FY 2024	10-K	$2.9B	$231.1M	16.9%
FY 2023	10-K	$2.9B	$265.8M	17.5%
FY 2022	10-K	$2.5B	$347.9M	23.8%
FY 2021	10-K	$1.9B	$127.8M	13.7%

About VAIL RESORTS INC (MTN): stock profile, AI score and financials

VAIL RESORTS INC (MTN) stock profile, AI quality score, and SEC EDGAR financial data, a Communication Services sector company. 13F Pro's AI-powered ranking engine scores MTN at 47.2/100 on a composite quality score built from its SEC filings, placing it at rank #1,805 of 2,925 stocks — the bottom half of the AI-ranked universe. MTN scores in the top quartile across earnings quality (77.7). Areas of concern include revenue growth (22.5) and institutional flow (34.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2026), VAIL RESORTS INC reports quarterly revenue of $278.1M, net income of $-190.2M, an operating margin of -75.1%. Top institutional holders of MTN by reported 13-F value include BAMCO, Capital World Investors, Capital International Investors, based on the most recent SEC filings. MTN trades on the NYSE exchange and files with the SEC under CIK 812011. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MTN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for VAIL RESORTS INC directly from SEC EDGAR.

Financials through the period ended Jul 31, 2026SEC EDGAR: CIK 812011 →

VAIL RESORTS INC MTN

Top Institutional Holders

What's Driving MTN's Business? Latest 10-K Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

MTN key financials by period

MTN insiders

About VAIL RESORTS INC (MTN): stock profile, AI score and financials

VAIL RESORTS INC MTN

Top Institutional Holders

What's Driving MTN's Business? Latest 10-K Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

MTN key financials by period

Companies similar to MTN

MTN insiders

About VAIL RESORTS INC (MTN): stock profile, AI score and financials