Vail Resorts (MTN) Revenue & Revenue Breakdown

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Vail Resorts Revenue Highlights

Latest Revenue (Y)

$2.88B

Latest Revenue (Q)

$1.28B

Main Segment (Y)

Lodging revenue (excluding payroll cost reimbursements)

Main Geography (Y)

CANADA

Vail Resorts Revenue by Period

Vail Resorts Revenue by Year

Date	Revenue	Change
2024-07-31	$2.88B	-0.31%
2023-07-31	$2.89B	14.39%
2022-07-31	$2.53B	32.27%
2021-07-31	$1.91B	-2.75%
2020-07-31	$1.96B	-13.55%
2019-07-31	$2.27B	12.93%
2018-07-31	$2.01B	5.47%
2017-07-31	$1.91B	19.11%
2016-07-31	$1.60B	14.38%
2015-07-31	$1.40B	11.58%
2014-07-31	$1.25B	11.94%
2013-07-31	$1.12B	9.41%
2012-07-31	$1.02B	-12.22%
2011-07-31	$1.17B	34.35%
2010-07-31	$868.63M	-11.09%
2009-07-31	$976.99M	-15.20%
2008-07-31	$1.15B	22.50%
2007-07-31	$940.54M	12.12%
2006-07-31	$838.85M	3.56%
2005-07-31	$809.99M	12.20%
2004-07-31	$721.89M	1.62%
2003-07-31	$710.40M	15.46%
2002-07-31	$615.26M	13.15%
2001-07-31	$543.78M	-1.68%
2000-07-31	$553.06M	16.26%
1999-07-31	$475.70M	43.93%
1997-09-30	$330.50M	74.96%
1996-09-30	$188.90M	-
1996-06-30	$188.90M	-

Vail Resorts generated $2.88B in revenue during NA 2024, up -0.31% compared to the previous quarter, and up 126.81% compared to the same period a year ago.

Vail Resorts Revenue by Quarter

Date	Revenue	Change
2024-04-30	$1.28B	19.05%
2024-01-31	$1.08B	316.90%
2023-10-31	$258.56M	-4.15%
2023-07-31	$269.77M	-78.22%
2023-04-30	$1.24B	12.41%
2023-01-31	$1.10B	294.25%
2022-10-31	$279.45M	4.61%
2022-07-31	$267.14M	-77.30%
2022-04-30	$1.18B	29.80%
2022-01-31	$906.53M	416.32%
2021-10-31	$175.58M	-14.02%
2021-07-31	$204.20M	-77.03%
2021-04-30	$889.08M	29.86%
2021-01-31	$684.64M	419.51%
2020-10-31	$131.79M	70.69%
2020-07-31	$77.21M	-88.88%
2020-04-30	$694.09M	-24.93%
2020-01-31	$924.64M	245.31%
2019-10-31	$267.77M	9.74%
2019-07-31	$244.01M	-74.53%
2019-04-30	$957.99M	12.76%
2019-01-31	$849.58M	286.16%
2018-10-31	$220.00M	3.95%
2018-07-31	$211.64M	-74.94%
2018-04-30	$844.49M	14.96%
2018-01-31	$734.58M	232.61%
2017-10-31	$220.85M	5.61%
2017-07-31	$209.12M	-73.68%
2017-04-30	$794.63M	9.57%
2017-01-31	$725.20M	306.81%
2016-10-31	$178.26M	-0.90%
2016-07-31	$179.88M	-72.22%
2016-04-30	$647.47M	8.03%
2016-01-31	$599.36M	243.34%
2015-10-31	$174.57M	7.70%
2015-07-31	$162.08M	-72.02%
2015-04-30	$579.34M	9.26%
2015-01-31	$530.24M	313.40%
2014-10-31	$128.26M	-5.33%
2014-07-31	$135.49M	-75.05%
2014-04-30	$543.05M	19.95%
2014-01-31	$452.72M	266.90%
2013-10-31	$123.39M	9.87%
2013-07-31	$112.31M	-76.09%
2013-04-30	$469.69M	11.18%
2013-01-31	$422.45M	263.09%
2012-10-31	$116.35M	2.47%
2012-07-31	$113.54M	-73.04%
2012-04-30	$421.14M	12.81%
2012-01-31	$373.33M	220.81%
2011-10-31	$116.37M	-10.49%
2011-07-31	$130.01M	-68.63%
2011-04-30	$414.47M	6.78%
2011-01-31	$388.14M	65.58%
2010-10-31	$234.42M	71.00%
2010-07-31	$137.09M	-60.86%
2010-04-30	$350.25M	16.55%
2010-01-31	$300.52M	272.10%
2009-10-31	$80.76M	-20.76%
2009-07-31	$101.93M	-69.44%
2009-04-30	$333.48M	-14.23%
2009-01-31	$388.80M	154.48%
2008-10-31	$152.78M	-43.51%
2008-07-31	$270.46M	-36.18%
2008-04-30	$423.79M	17.71%
2008-01-31	$360.02M	-

Vail Resorts generated $1.28B in revenue during Q3 2024, up 19.05% compared to the previous quarter, and up 116.48% compared to the same period a year ago.

Vail Resorts Revenue Breakdown

Vail Resorts Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Jul 24	Jul 23	Jul 22	Jul 21	Jul 20
Dining	$63.26M	$62.45M	$48.57M	$19.07M	$38.25M
Managed condominium rooms	$86.20M	$96.78M	$97.70M	$72.22M	$76.48M
Other Lodging Revenue	$56.37M	$55.82M	$46.50M	$43.01M	$44.93M
Payroll cost reimbursements	$16.29M	$17.25M	$11.74M	$6.55M	$10.55M
Owned Hotel Revenue	$83.98M	$80.12M	$80.58M	$47.51M	$44.99M
Transportation	$16.31M	$15.24M	$16.02M	$9.27M	$15.80M
Lodging revenue (excluding payroll cost reimbursements)	$319.83M	$323.14M	$300.35M	$211.51M	$237.87M
Golf	$13.72M	$12.74M	$10.97M	$20.44M	$17.41M

Vail Resorts's latest annual revenue breakdown by segment (product or service), as of Jul 24: Lodging revenue (excluding payroll cost reimbursements) (48.76%), Managed condominium rooms (13.14%), Owned Hotel Revenue (12.80%), Dining (9.64%), Other Lodging Revenue (8.59%), Transportation (2.49%), Payroll cost reimbursements (2.48%), and Golf (2.09%).

Quarterly Revenue by Product

Product/Service	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Other Lodging Revenue	$18.00M	$10.23M	$11.42M	$16.72M	$16.94M	$12.38M	$11.70M	$14.80M	$14.86M	$9.93M	$9.27M	$14.27M	$17.17M	$8.65M	$8.00M	$9.37M	$7.52M	$9.78M	$13.86M	$14.17M
Dining	-	$109.47M	$82.06M	$18.08M	-	$85.83M	$19.44M	$15.27M	$79.83M	$54.05M	$12.52M	$10.26M	$4.85M	$2.87M	$1.09M	$899.00K	$8.10M	$11.11M	$18.14M	-
Owned Hotel Revenue	$30.24M	$14.98M	$13.58M	$25.18M	$27.98M	$15.09M	$13.48M	$23.57M	$27.22M	$18.30M	$13.58M	$21.48M	$23.18M	$10.25M	$6.71M	$7.37M	$5.67M	$8.13M	$11.25M	$19.95M
Transportation	$2.75M	$7.15M	$6.41M	$2.43M	$6.92M	$5.89M	$1.60M	$6.86M	$5.77M	$1.66M	$4.66M	$2.95M	-	$48.00K	$5.67M	$7.72M	$2.35M	-	-	-
Payroll cost reimbursements	$3.51M	$4.83M	$4.50M	$3.46M	$3.26M	$5.32M	$4.99M	$3.68M	$3.46M	$4.68M	$1.86M	$1.74M	$1.38M	$1.95M	$2.02M	$1.20M	$944.00K	$2.97M	$3.44M	$3.19M
Golf	$7.35M	-	-	$6.38M	$6.85M	-	-	$5.89M	$5.84M	-	-	$5.11M	$11.79M	-	-	$8.45M	$6.81M	-	-	$10.22M
Lodging revenue (excluding payroll cost reimbursements)	$85.92M	$82.23M	$73.32M	$78.36M	$85.39M	$88.23M	$75.59M	$73.94M	$78.79M	$87.22M	$70.12M	$64.22M	$77.90M	$57.14M	$40.86M	$35.62M	$27.44M	$55.42M	$75.44M	$79.57M
Managed condominium rooms	$10.50M	$35.39M	$28.31M	$12.00M	$14.18M	$38.41M	$31.34M	$12.86M	$14.00M	$37.49M	$33.13M	$13.08M	$13.83M	$28.73M	$20.34M	$9.33M	$6.50M	$23.74M	$31.50M	$14.74M
Other Mountain Revenue	-	$56.40M	$51.68M	$68.34M	$52.85M	$51.63M	$73.46M	$42.71M	$39.84M	$52.60M	-	-	-	-	-	-	-	-	-	-
Retail Rental	-	$123.26M	$136.16M	$33.47M	$135.01M	$159.93M	$40.34M	$126.50M	$126.83M	$28.38M	-	-	-	-	-	-	-	-	-	-
Lift Tickets	-	$745.68M	$603.46M	$45.39M	$710.05M	$592.60M	$59.54M	$714.71M	$521.58M	$14.33M	-	-	-	-	-	-	-	-	-	-
Ski School	-	$161.25M	$126.63M	$7.18M	$145.13M	$123.45M	$8.93M	$120.90M	$92.07M	$1.47M	-	-	-	-	-	-	-	-	-	-

Vail Resorts's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Lodging revenue (excluding payroll cost reimbursements) (54.29%), Owned Hotel Revenue (19.11%), Other Lodging Revenue (11.37%), Managed condominium rooms (6.63%), Golf (4.64%), Payroll cost reimbursements (2.22%), and Transportation (1.74%).

Vail Resorts Revenue Breakdown by Country

Annual Revenue by Country

Country	Jul 24	Jul 23	Jul 22	Jul 21	Jul 20
CANADA	$326.20M	$321.70M	-	-	-
Managed condominium rooms	-	-	$97.70M	$72.22M	$76.48M
Other Lodging Revenue	-	-	$46.50M	$43.01M	$44.93M
Owned Hotel Revenue	-	-	$80.58M	$47.51M	$44.99M
Golf	-	-	$10.97M	$20.44M	$17.41M
Transportation	-	-	$16.02M	$9.27M	$15.80M
Dining	-	-	$48.57M	$19.07M	$38.25M
Payroll cost reimbursements	-	-	$11.74M	$6.55M	$10.55M
Lodging revenue (excluding payroll cost reimbursements)	-	-	$300.35M	$211.51M	$237.87M

Vail Resorts's latest annual revenue breakdown by geography, as of Jul 24: CANADA (100.00%).

Quarterly Revenue by Country

Country	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19	Jan 19	Oct 18	Jul 18	Apr 18
Golf	-	$5.89M	$5.84M	-	-	$5.11M	$11.79M	-	-	$8.45M	$6.81M	-	-	$10.22M	$10.02M	-	-	$9.15M	-	-
Lift Tickets	$592.60M	$59.54M	$714.71M	$521.58M	$14.33M	$20.19M	$452.72M	-	-	-	-	-	-	-	-	-	-	-	-	-
Owned Hotel Revenue	$13.48M	$23.57M	$27.22M	$18.30M	$13.58M	$21.48M	$23.18M	$10.25M	$6.71M	$7.37M	$5.67M	$8.13M	$11.25M	$19.95M	$21.33M	$12.35M	$11.55M	$19.60M	-	-
Payroll cost reimbursements	$4.99M	$3.68M	$3.46M	$4.68M	$1.86M	$1.74M	$1.38M	$1.95M	$2.02M	$1.20M	$944.00K	$2.97M	$3.44M	$3.19M	$3.15M	$3.90M	$3.62M	$3.65M	-	-
Ski School	$123.45M	$8.93M	$120.90M	$92.07M	$1.47M	$4.14M	$101.21M	-	-	-	-	-	-	-	-	-	-	-	-	-
Retail Rental	$159.93M	$40.34M	$126.50M	$126.83M	$28.38M	$31.45M	$104.16M	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Mountain Revenue	$51.63M	$73.46M	$42.71M	$39.84M	$52.60M	$57.08M	$43.75M	-	-	-	-	-	-	-	-	-	-	-	-	-
Dining	$85.83M	$19.44M	$15.27M	$79.83M	$54.05M	$12.52M	$10.26M	$4.85M	$2.87M	$1.09M	$899.00K	$8.10M	$11.11M	$18.14M	$16.34M	$11.07M	$10.19M	$16.13M	$18.51M	$70.68M
Other Lodging Revenue	$11.70M	$14.80M	$14.86M	$9.93M	$9.27M	$14.27M	$17.17M	$8.65M	$8.00M	$9.37M	$7.52M	$9.78M	$13.86M	$14.17M	$16.92M	$13.28M	$12.12M	$12.78M	-	-
Managed condominium rooms	$31.34M	$12.86M	$14.00M	$37.49M	$33.13M	$13.08M	$13.83M	$28.73M	$20.34M	$9.33M	$6.50M	$23.74M	$31.50M	$14.74M	$16.40M	$30.67M	$28.05M	$11.12M	-	-
Transportation	$5.89M	$1.60M	$6.86M	$5.77M	$1.66M	$4.66M	$2.95M	-	$48.00K	$5.67M	$7.72M	$2.35M	$2.50M	$8.58M	$7.72M	$2.47M	-	-	-	-
Lodging revenue (excluding payroll cost reimbursements)	$75.59M	$73.94M	$78.79M	$87.22M	$70.12M	$64.22M	$77.90M	$57.14M	$40.86M	$35.62M	$27.44M	$55.42M	$75.44M	$79.57M	$83.51M	$75.95M	$69.63M	$71.25M	-	-

Vail Resorts's latest quarterly revenue breakdown by geography, as of Jan 23: Lift Tickets (51.24%), Retail Rental (13.83%), Ski School (10.68%), Dining (7.42%), Lodging revenue (excluding payroll cost reimbursements) (6.54%), Other Mountain Revenue (4.46%), Managed condominium rooms (2.71%), Owned Hotel Revenue (1.17%), Other Lodging Revenue (1.01%), Transportation (0.51%), and Payroll cost reimbursements (0.43%).

Vail Resorts Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
VAC	Marriott Vacations Worldwide	$4.73B	$1.30B
HGV	Hilton Grand Vacations	$3.98B	$1.31B
MLCO	Melco Resorts & Entertainment	$3.78B	$1.11B
MTN	Vail Resorts	$2.88B	$1.28B
BALY	Bally's	$2.45B	$629.97M
RRR	Red Rock Resorts	$1.72B	$468.02M
GDEN	Golden Entertainment	$1.05B	$161.23M
PLYA	Playa Hotels & Resorts	$977.50M	$236.23M
BVH	Bluegreen Vacations	$817.68M	$234.96M
CNTY	Century Casinos	$550.21M	$136.02M
MCRI	Monarch Casino & Resort	$501.48M	$137.87M
MSC	Studio City	$445.54M	$150.16M

MTN Revenue FAQ

What is Vail Resorts’s yearly revenue?

Vail Resorts's yearly revenue for 2024 was $2.88B, representing a decrease of -0.31% compared to 2023. The company's yearly revenue for 2023 was $2.89B, representing an increase of 14.39% compared to 2022. MTN's yearly revenue for 2022 was $2.53B, representing an increase of 32.27% compared to 2021.

What is Vail Resorts’s quarterly revenue?

Vail Resorts's quarterly revenue for Q3 2024 was $1.28B, a 19.05% increase from the previous quarter (Q2 2024), and a 3.62% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.08B, a 316.90% increase from the previous quarter (Q1 2024), and a -2.16% decrease year-over-year (Q2 2023). MTN's quarterly revenue for Q1 2024 was $258.56M, a -4.15% decrease from the previous quarter (Q4 2023), and a -7.47% decrease year-over-year (Q1 2023).

What is Vail Resorts’s revenue growth rate?

Vail Resorts's revenue growth rate for the last 3 years (2022-2024) was 14.04%, and for the last 5 years (2020-2024) was 46.69%.

What are Vail Resorts’s revenue streams?

Vail Resorts's revenue streams in l 24 are Dining, Managed condominium rooms, Other Lodging Revenue, Payroll cost reimbursements, Owned Hotel Revenue, Transportation, Lodging revenue (excluding payroll cost reimbursements), and Golf. Dining generated $63.26M in revenue, accounting 9.64% of the company's total revenue, up 1.30% year-over-year. Managed condominium rooms generated $86.2M in revenue, accounting 13.14% of the company's total revenue, down -10.94% year-over-year. Other Lodging Revenue generated $56.37M in revenue, accounting 8.59% of the company's total revenue, up 0.99% year-over-year. Payroll cost reimbursements generated $16.29M in revenue, accounting 2.48% of the company's total revenue, down -5.59% year-over-year. Owned Hotel Revenue generated $83.98M in revenue, accounting 12.80% of the company's total revenue, up 4.82% year-over-year. Transportation generated $16.31M in revenue, accounting 2.49% of the company's total revenue, up 7.00% year-over-year. Lodging revenue (excluding payroll cost reimbursements) generated $319.83M in revenue, accounting 48.76% of the company's total revenue, down -1.02% year-over-year. Golf generated $13.72M in revenue, accounting 2.09% of the company's total revenue, up 7.73% year-over-year.

What is Vail Resorts’s main source of revenue?

For the fiscal year ending Jul 24, the largest source of revenue of Vail Resorts was Lodging revenue (excluding payroll cost reimbursements). This segment made a revenue of $319.83M, representing 48.76% of the company's total revenue.