📊 MTN Key Takeaways
Is Vail Resorts Inc. (MTN) a Good Investment?
Vail Resorts demonstrates solid operational cash generation with strong free cash flow of $429.3M and a respectable 31.7% FCF margin, indicating efficient core operations. However, the company faces significant financial constraints with a severely overleveraged balance sheet (9.70x debt/equity), weak liquidity position (0.62x current ratio), and deteriorating profitability metrics including declining net income (-6.0% YoY) despite flat revenue growth, limiting financial flexibility and downside protection.
Modest revenue growth and strong cash conversion produce healthy free cash flow relative to capex. However, GAAP profitability is thin and the balance sheet is highly leveraged, with weak liquidity and interest coverage near stress levels. Without clear margin expansion and deleveraging, the risk profile outweighs the fundamentals.
Why Buy Vail Resorts Inc. Stock? MTN Key Strengths
- Strong free cash flow generation of $429.3M with 31.7% FCF margin demonstrates operational efficiency
- Operating income of $135.2M and 10.0% operating margin show solid core business performance
- Positive revenue growth of 2.7% YoY in competitive amusement and recreation sector
- Substantial cash position of $384.7M provides near-term operational runway
- Strong operating cash flow and high FCF margin
- Positive YoY revenue growth with 10% operating margin
- Capex burden manageable versus cash generation
MTN Stock Risks: Vail Resorts Inc. Investment Risks
- Extremely high leverage with 9.70x debt/equity ratio and $2.9B long-term debt limiting financial flexibility and debt service coverage
- Weak liquidity metrics (0.62x current ratio, 0.51x quick ratio) indicate potential near-term cash flow stress and refinancing risk
- Net income declining 6.0% YoY despite revenue growth suggests margin compression and operational challenges
- Very low interest coverage ratio of 1.3x leaves minimal buffer for earnings deterioration or rate increases
- Extremely low ROA of 0.4% and ROE of 7.7% indicate poor capital efficiency relative to large asset base
- High leverage (9.7x D/E) and low interest coverage (1.3x)
- Weak liquidity (0.62x current, 0.51x quick) and refinancing risk
- Low net margin (1.7%) and ROA (0.4%) leave little cushion
Key Metrics to Watch
- Interest coverage ratio trends - critical indicator of debt sustainability
- Free cash flow conversion and consistency - key to deleveraging ability
- Operating margin stability - early warning of operational headwinds
- Debt/Equity ratio progression - measure of balance sheet improvement
- Current ratio and working capital trends - indicators of liquidity stress
- Interest coverage
- Free cash flow margin
Vail Resorts Inc. (MTN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 31.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
MTN Profit Margin, ROE & Profitability Analysis
MTN vs Services Sector: How Vail Resorts Inc. Compares
How Vail Resorts Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Vail Resorts Inc. Stock Overvalued? MTN Valuation Analysis 2026
Based on fundamental analysis, Vail Resorts Inc. shows some fundamental concerns relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Vail Resorts Inc. Balance Sheet: MTN Debt, Cash & Liquidity
MTN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Vail Resorts Inc.'s revenue has grown significantly by 30% over the 5-year period, indicating strong business expansion. The most recent EPS of $6.69 reflects profitable operations.
MTN Revenue Growth, EPS Growth & YoY Performance
MTN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $1.1B | $23.3M | $0.65 |
| Q1 2026 | $260.3M | -$173.3M | $-4.62 |
| Q3 2025 | $1.3B | $362.0M | $9.54 |
| Q2 2025 | $1.1B | $43.8M | $1.15 |
| Q1 2025 | $258.6M | -$172.8M | $-4.60 |
| Q3 2024 | $1.2B | $325.0M | $8.18 |
| Q2 2024 | $1.1B | $43.8M | $1.15 |
| Q1 2024 | $258.6M | -$137.0M | $-3.40 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Vail Resorts Inc. Dividends, Buybacks & Capital Allocation
MTN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Vail Resorts Inc. (CIK: 0000812011)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MTN
What is the AI rating for MTN?
Vail Resorts Inc. (MTN) has a Combined AI Rating of SELL from Claude (HOLD) and ChatGPT (SELL) with 64% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MTN's key strengths?
Claude: Strong free cash flow generation of $429.3M with 31.7% FCF margin demonstrates operational efficiency. Operating income of $135.2M and 10.0% operating margin show solid core business performance. ChatGPT: Strong operating cash flow and high FCF margin. Positive YoY revenue growth with 10% operating margin.
What are the risks of investing in MTN?
Claude: Extremely high leverage with 9.70x debt/equity ratio and $2.9B long-term debt limiting financial flexibility and debt service coverage. Weak liquidity metrics (0.62x current ratio, 0.51x quick ratio) indicate potential near-term cash flow stress and refinancing risk. ChatGPT: High leverage (9.7x D/E) and low interest coverage (1.3x). Weak liquidity (0.62x current, 0.51x quick) and refinancing risk.
What is MTN's revenue and growth?
Vail Resorts Inc. reported revenue of $1.4B.
Does MTN pay dividends?
Vail Resorts Inc. pays dividends, with $158.9M distributed to shareholders in the trailing twelve months.
Where can I find MTN SEC filings?
Official SEC filings for Vail Resorts Inc. (CIK: 0000812011) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MTN's EPS?
Vail Resorts Inc. has a diluted EPS of $0.65.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MTN a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Vail Resorts Inc. has a SELL rating with 64% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MTN stock overvalued or undervalued?
Valuation metrics for MTN: ROE of 7.7% (sector avg: 16%), net margin of 1.7% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy MTN stock in 2026?
Our dual AI analysis gives Vail Resorts Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MTN's free cash flow?
Vail Resorts Inc.'s operating cash flow is $575.9M, with capital expenditures of $146.6M. FCF margin is 31.7%.
How does MTN compare to other Services stocks?
Vs Services sector averages: Net margin 1.7% (avg: 10%), ROE 7.7% (avg: 16%), current ratio 0.62 (avg: 1.5).
Is Vail Resorts Inc. carrying too much debt?
MTN has a debt-to-equity ratio of 9.70x, which is above the Services sector average of 0.7x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.