Vail Resorts, Inc. (MTN) is a Communication Services stock trading at $150.20 (as of 2026-08-20), with a market capitalization of $5.35B and a trailing P/E of 35.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It manages three business segments—Mountain, Lodging, and Real Estate—covering destination ski areas and related on-mountain activities, hotel and condominium lodging (including RockResorts properties), and the ownership, development, and sale of real estate.
Vail Resorts operates mountain resorts and urban ski areas in the United States, and it also runs lodging properties (including RockResorts) and related real estate activities. It makes money primarily from mountain resort operations (such as ski school, dining, and retail or rentals), and from lodging and other real estate-linked services.
The core profit engine is advance, non-refundable commitments for skier access, shown by the large share of skier visits tied to non-refundable advanced commitment products (74%), which helps drive mountain demand even when visitation and weather-linked demand weaken.
Business quality (Strong): Quality is supported by non-refundable advance commitments that link to a majority of skier visits, but near-term operating momentum is exposed to visitation declines and weather (including snowfall shortfalls).
Valuation: At 31× earnings, MTN trades 42% below the Entertainment average (53×). Note: one-time items can distort reported P/E.
| Price | $150.20 |
| Market Cap | $5.35B |
| P/E Ratio | 35.2 |
| EV / EBITDA | 11.0 |
| Price / Book | 5.84 |
| Price / Sales | 1.89 |
| FCF Yield | 9.1% |
| DCF Value (model) | $105.52 |
| DCF Upside vs Price | -29.7% |
| Revenue (TTM) | $2.96B |
| Net Margin | 9.4% |
| Revenue Growth (YoY) | -7.0% |
| EPS Growth (YoY) | -16.4% |
| FCF Growth (YoY) | -133.4% |
| Altman Z-Score | 1.52 (distress) |
| Stock P/E | 35.2 |
| Sector P/E (Communication Services) | 24.4 |
| Industry P/E (Entertainment) | 39.5 |
| vs Sector | 44.2% |
| vs Industry | -11.0% |
| Top Institutional Holder | BAMCO INC /NY/ ($647.19M) |
| Institutional Holders Tracked | 10 |
| Sector | Communication Services |
| Industry | Entertainment |
| CEO | Robert A. Katz |
| Employees | 7,600 |
| Country | US |
| IPO Date | 1997-02-04 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.