Vail Resorts, Inc. (N:MTN)

Business Focus: Adventure Sports Facilities & Ski Resorts

Sector:  Consumer Cyclicals Industry:  Leisure & Recreation
 
See Regulatory Filings on SEC
Company Contact
Address: 390 Interlocken Crescent, Suite 1000
BROOMFIELD CO 80021
Tel: 1-303-4041800
Website: www.vailresorts.com
IR: See website
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Key People
Robert A. Katz
Executive Chairman of the Board
Kirsten A. Lynch
Chief Executive Officer, Director
Angela Korch
Chief Financial Officer, Executive Vice President
Bill Rock
President - Mountain Division
Courtney Goldstein
Executive Vice President, Chief Marketing Officer
Julie Dececco
Executive Vice President, General Counsel
Gregory Jon Sullivan
Executive Vice President - Retail/Rental & Hospitality
   
Business Overview
Vail Resorts, Inc. is a network of destination and close-to-home ski resorts. The Company operates through three segments: Mountain, Lodging and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas (collectively, Resorts). The segment includes ancillary services, primarily including ski school, dining and retail/rental operations. The Lodging segment owns and/or manages a collection of luxury hotels and condominiums under its RockResorts brand, other strategic lodging properties and various condominiums located in proximity to its North American mountain resorts, National Park Service (NPS) concessioner properties, including the Grand Teton Lodge Company (GTLC), which operates destination resorts in Grand Teton National Park, a Colorado resort ground transportation company and mountain resort golf courses. The Real Estate segment owns, develops and sells real estate in and around the Company resort communities.
Financial Overview
For the six months ended 31 January 2024, Vail Resorts, Inc. revenues decreased 3% to $1.34B. Net income decreased 39% to $43.8M. Revenues reflect Mountain segment decrease of 4% to $1.17B. Net income also reflects Interest expense - Balancing value increase of 11% to $78M (expense). Dividend per share increased from $3.82 to $4.12. Basic Earnings per Share excluding Extraordinary Items decreased from $1.78 to $1.17.
Employees: 7,200 as of Jul 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $10,313M as of Jan 31, 2024
Annual revenue (TTM): $2,845M as of Jan 31, 2024
EBITDA (TTM): $761.76M as of Jan 31, 2024
Net annual income (TTM): $240.23M as of Jan 31, 2024
Free cash flow (TTM): $49.60M as of Jan 31, 2024
Net Debt Last Fiscal Year: $1,979M as of Jan 31, 2024
Shares outstanding: 37,968,155 as of Mar 7, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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