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 |
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 |