Vail Resorts (MTN) Revenue & Revenue Breakdown
Vail Resorts Revenue Highlights
Latest Revenue (Y)
$2.89B
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 |
|---|---|---|
| 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 $2.89B in revenue during NA 2023, up 14.39% compared to the previous quarter, and up 143.64% 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 23 | Jul 22 | Jul 21 | Jul 20 | Jul 19 |
|---|---|---|---|---|---|
| Other Lodging Revenue | $55.82M | $46.50M | $43.01M | $44.93M | $54.62M |
| Owned Hotel Revenue | $80.12M | $80.58M | $47.51M | $44.99M | $64.83M |
| Payroll cost reimbursements | $17.25M | $11.74M | $6.55M | $10.55M | $14.33M |
| Transportation | $15.24M | $16.02M | $9.27M | $15.80M | $21.27M |
| Golf | $12.74M | $10.97M | $20.44M | $17.41M | $19.65M |
| Dining | $62.45M | $48.57M | $19.07M | $38.25M | $53.73M |
| Lodging revenue (excluding payroll cost reimbursements) | $323.14M | $300.35M | $211.51M | $237.87M | $300.33M |
| Managed condominium rooms | $96.78M | $97.70M | $72.22M | $76.48M | $86.24M |
Vail Resorts's latest annual revenue breakdown by segment (product or service), as of Jul 23: Lodging revenue (excluding payroll cost reimbursements) (48.70%), Managed condominium rooms (14.59%), Owned Hotel Revenue (12.07%), Dining (9.41%), Other Lodging Revenue (8.41%), Payroll cost reimbursements (2.60%), Transportation (2.30%), and Golf (1.92%).
Quarterly Revenue by Product
| Product/Service | 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 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Transportation | $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 | $2.50M | - | - | - |
| Payroll cost reimbursements | $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 | $3.15M |
| Lift Tickets | $745.68M | $603.46M | $45.39M | $710.05M | $592.60M | $59.54M | $714.71M | $521.58M | $14.33M | - | - | - | - | - | - | - | - | - | - | - |
| Retail Rental | $123.26M | $136.16M | $33.47M | $135.01M | $159.93M | $40.34M | $126.50M | $126.83M | $28.38M | - | - | - | - | - | - | - | - | - | - | - |
| Golf | - | - | $6.38M | $6.85M | - | - | $5.89M | $5.84M | - | - | $5.11M | $11.79M | - | - | $8.45M | $6.81M | - | - | $10.22M | $10.02M |
| 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 | $16.34M | - |
| Managed condominium rooms | $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 | $16.40M |
| Lodging revenue (excluding payroll cost reimbursements) | $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 | $83.51M |
| Other Lodging Revenue | $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 | $16.92M |
| Owned Hotel Revenue | $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 | $21.33M |
| Other Mountain Revenue | $56.40M | $51.68M | $68.34M | $52.85M | $51.63M | $73.46M | $42.71M | $39.84M | $52.60M | - | - | - | - | - | - | - | - | - | - | - |
| 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 Apr 24: Lift Tickets (55.20%), Ski School (11.94%), Retail Rental (9.12%), Dining (8.10%), Lodging revenue (excluding payroll cost reimbursements) (6.09%), Other Mountain Revenue (4.18%), Managed condominium rooms (2.62%), Owned Hotel Revenue (1.11%), Other Lodging Revenue (0.76%), Transportation (0.53%), and Payroll cost reimbursements (0.36%).
Vail Resorts Revenue Breakdown by Country
Annual Revenue by Country
| Country | Jul 23 | Jul 22 | Jul 21 | Jul 20 | Jul 19 |
|---|---|---|---|---|---|
| CANADA | $321.70M | - | - | - | - |
| Lodging revenue (excluding payroll cost reimbursements) | - | $300.35M | $211.51M | $237.87M | $300.33M |
| Managed condominium rooms | - | $97.70M | $72.22M | $76.48M | $86.24M |
| Other Lodging Revenue | - | $46.50M | $43.01M | $44.93M | $54.62M |
| Owned Hotel Revenue | - | $80.58M | $47.51M | $44.99M | $64.83M |
| Payroll cost reimbursements | - | $11.74M | $6.55M | $10.55M | $14.33M |
| Transportation | - | $16.02M | $9.27M | $15.80M | $21.27M |
| Golf | - | $10.97M | $20.44M | $17.41M | $19.65M |
| Dining | - | $48.57M | $19.07M | $38.25M | $53.73M |
Vail Resorts's latest annual revenue breakdown by geography, as of Jul 23: 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 | - | - |
| 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 | - | - |
| 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 | - | - |
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Lift Tickets | $592.60M | $59.54M | $714.71M | $521.58M | $14.33M | $20.19M | $452.72M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $1.14B |
| HGV | Hilton Grand Vacations | $3.98B | $1.16B |
| MLCO | Melco Resorts & Entertainment | $3.78B | $1.11B |
| MTN | Vail Resorts | $2.89B | $1.28B |
| BALY | Bally's | $2.45B | $621.66M |
| RRR | Red Rock Resorts | $1.72B | $486.40M |
| GDEN | Golden Entertainment | $1.05B | $167.33M |
| PLYA | Playa Hotels & Resorts | $977.50M | $235.47M |
| BVH | Bluegreen Vacations | $817.68M | $234.96M |
| CNTY | Century Casinos | $550.21M | $136.02M |
| MCRI | Monarch Casino & Resort | $501.48M | $128.14M |
| MSC | Studio City | $445.54M | $150.16M |
MTN Revenue FAQ
What is Vail Resorts’s yearly revenue?
Vail Resorts's yearly revenue for 2023 was $2.89B, representing an increase of 14.39% compared to 2022. The company's yearly revenue for 2022 was $2.53B, representing an increase of 32.27% compared to 2021. MTN's yearly revenue for 2021 was $1.91B, representing a decrease of -2.75% compared to 2020.
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 (2021-2023) was 51.30%, and for the last 5 years (2019-2023) was 27.20%.
What are Vail Resorts’s revenue streams?
Vail Resorts's revenue streams in l 23 are Other Lodging Revenue, Owned Hotel Revenue, Payroll cost reimbursements, Transportation, Golf, Dining, Lodging revenue (excluding payroll cost reimbursements), and Managed condominium rooms. Other Lodging Revenue generated $55.82M in revenue, accounting 8.41% of the company's total revenue, up 20.03% year-over-year. Owned Hotel Revenue generated $80.12M in revenue, accounting 12.07% of the company's total revenue, down -0.57% year-over-year. Payroll cost reimbursements generated $17.25M in revenue, accounting 2.60% of the company's total revenue, up 46.92% year-over-year. Transportation generated $15.24M in revenue, accounting 2.30% of the company's total revenue, down -4.86% year-over-year. Golf generated $12.74M in revenue, accounting 1.92% of the company's total revenue, up 16.05% year-over-year. Dining generated $62.44M in revenue, accounting 9.41% of the company's total revenue, up 28.57% year-over-year. Lodging revenue (excluding payroll cost reimbursements) generated $323.14M in revenue, accounting 48.70% of the company's total revenue, up 7.59% year-over-year. Managed condominium rooms generated $96.78M in revenue, accounting 14.59% of the company's total revenue, down -0.94% year-over-year.
What is Vail Resorts’s main source of revenue?
For the fiscal year ending Jul 23, the largest source of revenue of Vail Resorts was Lodging revenue (excluding payroll cost reimbursements). This segment made a revenue of $323.14M, representing 48.70% of the company's total revenue.