← VAIL RESORTS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $368.3m | $282.8m | $247.0m | $298.0m | $181.3m | |
| Net Income (Loss) Attributable to Parent | $149.8m |
$210.6m
+40.60%
|
$379.9m
+80.43%
|
$301.2m
-20.73%
|
$98.8m
-67.18%
|
$127.8m
+29.36%
|
$347.9m
+172.13%
|
$268.1m
-22.93%
|
$230.4m
-14.08%
|
$280.0m
+21.53%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $149.5m | $231.7m | $401.2m | $323.5m | $109.1m | $124.5m | $368.3m | $285.1m | $246.3m | $298.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($300k) | $21.2m | $21.3m | $22.3m | $10.2m | ($3.4m) | $20.4m | $17.0m | $15.9m | $18.0m | — | |
| Depreciation and amortization | $161.5m | $189.2m | $204.5m | $218.1m | $249.6m | $252.6m | $252.4m | $268.5m | $276.5m | $296.4m | $299.2m | |
| Amortization of Debt Issuance Costs | $1.0m | $1.1m | $1.3m | $1.3m | $1.9m | $4.9m | $5.9m | $6.7m | $6.3m | $6.2m | — | |
| Amortization of Intangible Assets | $4.7m | $8.3m | $5.3m | $7.4m | $6.5m | $5.4m | $5.2m | $5.1m | $4.7m | $4.2m | — | |
| Depreciation | $156.8m | $180.8m | $199.2m | $210.7m | $243.1m | $247.2m | $247.2m | $263.4m | $271.8m | $292.2m | $271.8m | |
| Amortization Cash Flow | — | — | — | — | — | — | $5.2m | $5.1m | $4.7m | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $5.2m | $5.1m | $4.7m | — | $4.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $252.4m | $269.2m | $279.1m | $296.4m | $299.2m | |
| Deferred Income Tax Expense (Benefit) | $7.6m | $36.4m | ($45.8m) | $22.4m | $17.4m | ($16.1m) | ($9.4m) | $24.1m | $12.1m | ($21.0m) | ($61.3m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($9.4m) | $23.5m | $6.7m | ($21.0m) | ($61.3m) | |
| Deferred Tax | — | — | — | — | — | — | ($9.4m) | $23.5m | $6.7m | ($21.0m) | ($61.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $17.0m | $18.3m | $19.0m | $19.9m | $21.0m | $24.4m | $24.9m | $25.4m | $26.8m | $34.0m | $33.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $27.2m | $19.5m | $39.1m | $37.3m | $5.5m | $5.6m | $8.0m | — | |
| Share-based Payment Arrangement, Expense | $17.0m | $18.3m | $19.0m | $19.9m | $21.0m | $24.4m | $24.9m | $25.4m | $26.8m | $34.0m | $33.4m | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $25.7m | — | — | — | — | — | $28.4m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $94.5m | ($17.7m) | ($25.4m) | ($26.0m) | ($51.6m) | |
| Increase (Decrease) in Accounts Receivable | $33.0m | $36.3m | $44.3m | $35.4m | ($167.3m) | $237.2m | $39.0m | ($4.2m) | ($12.9m) | $6.7m | ($16.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($39.0m) | $4.2m | $12.9m | ($6.7m) | ($16.2m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($39.0m) | $4.2m | $12.9m | ($6.7m) | ($16.2m) | |
| Increase (Decrease) in Inventories | $843k | ($8.1m) | $963k | $7.3m | $1.9m | ($22.8m) | $28.0m | $23.4m | ($13.2m) | ($1.2m) | ($13.0m) | |
| Change In Inventory | — | — | — | — | — | — | ($28.0m) | ($23.4m) | $13.2m | $1.2m | ($13.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $426.8m |
$456.9m
+7.07%
|
$551.6m
+20.73%
|
$634.2m
+14.98%
|
$394.9m
-37.73%
|
$525.2m
+32.99%
|
$710.5m
+35.27%
|
$639.6m
-9.98%
|
$586.8m
-8.25%
|
$554.9m
-5.44%
|
$412.9m
-25.58%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($5.4m) | ($6.4m) | ($4.6m) | ($664k) | $838k | ($5.4m) | $44.0m | ($9.1m) | ($9.6m) | $6.9m | $3.0m | |
| Capital Expenditure | $109.2m | $144.4m | $140.6m | $192.0m | $172.3m | $115.1m | ($192.8m) | ($314.9m) | ($211.2m) | ($235.2m) | ($237.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $20.2m | $553.2m | $1.4m | $419.0m | $327.6m | $0 | $116.3m | $38.6m | $94.4m | $0 | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $1.9m | ($6.8m) | ($6.9m) | ($15.0m) | ($7.2m) | ($11.8m) | ($9.4m) | ($8.9m) | ($6.5m) | ($18.3m) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $9.4m | $8.9m | $6.5m | $18.3m | ($2.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($124.0m) | ($682.8m) | ($134.6m) | ($596.0m) | ($492.7m) | ($103.3m) | ($347.9m) | ($273.2m) | ($241.1m) | ($204.5m) | ($228.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $266k | — | — | — | — | — | — | — | — | — | ($927.9m) | |
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | — | — | — | — | — | — | — | $2.0m | — | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $600.0m | $850.0m | $1.2b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $600.0m | $850.0m | $1.2b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($146.6m) | ($73.9m) | ($655.9m) | ($447.2m) | ($927.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($146.6m) | ($73.9m) | ($55.9m) | $402.8m | $311.2m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($146.6m) | ($73.9m) | ($55.9m) | $402.8m | $311.2m | |
| Repayment Of Debt | — | — | — | — | — | — | ($146.6m) | ($73.9m) | ($655.9m) | ($447.2m) | ($927.9m) | |
| Payments for Repurchase of Common Stock | $53.8m | $210k | $25.8m | $85.0m | $46.4m | $0 | $75.0m | $500.0m | $150.0m | $270.0m | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($225.8m) | ($314.4m) | ($323.7m) | ($328.2m) | ($317.7m) | |
| Common Stock Payments | — | — | — | — | — | — | ($75.0m) | ($500.0m) | ($150.0m) | ($270.0m) | ($245.0m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($75.0m) | ($500.0m) | ($150.0m) | ($270.0m) | ($245.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($75.0m) | ($500.0m) | ($150.0m) | ($270.0m) | ($245.0m) | |
| Dividends paid | $103.8m | $146.2m | $204.2m | $260.6m | $212.7m | $0 | $225.8m | $314.4m | $323.7m | $328.2m | ($317.7m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($225.8m) | ($314.4m) | ($323.7m) | ($328.2m) | ($317.7m) | |
| Proceeds from (Payments for) Other Financing Activities | $6.0m | ($941k) | ($13.7m) | ($16.2m) | ($31.5m) | ($20.9m) | ($8.4m) | ($22.0m) | ($39.6m) | ($39.2m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($45.7m) | ($25.8m) | ($47.5m) | ($47.3m) | ($42.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($271.2m) |
$271.9m
+200.25%
|
($350.7m)
-228.99%
|
($99.6m)
+71.61%
|
$376.2m
+477.90%
|
$434.7m
+15.53%
|
($493.1m)
-213.45%
|
($915.7m)
-85.69%
|
($574.8m)
+37.23%
|
($242.6m)
+57.78%
|
($294.2m)
-21.24%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($66.7m) | $283.7m | $856.5m | ($132.5m) | ($553.0m) | ($236.0m) | $119.4m | $371.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $1.3b | $1.1b | $573.1m | $337.1m | $480.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $118.4m | $402.1m | $1.3b | $1.1b | $573.1m | $337.1m | $456.4m | $371.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($5.3m) | $5.3m | ($95k) | ($1.9m) | ($3.7m) | ($6.9m) | $11.6m | $15.7m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.9m) | ($3.7m) | ($6.9m) | $11.6m | $15.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $33.2m | $46.5m | $53.8m | $70.9m | $88.4m | $125.7m | $114.1m | $140.6m | $146.6m | $156.4m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $5.6m | $5.7m | $5.7m | $5.8m | $5.8m | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | ($18.9m) | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $15.3m | ($9.0m) | ($2.9m) | ($3.2m) | $8.3m | ($2.7m) | ($2.9m) | ($4.1m) | $20k | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $44.0m | ($9.1m) | ($9.6m) | $6.9m | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Goodwill | $509.0m | $1.5b | $1.5b | $1.6b | $1.7b | $1.8b | $1.8b | $1.7b | $1.7b | $1.7b | $28.4m | |
| Income Tax Expense (Benefit) | $93.2m | $116.7m | ($61.1m) | $75.5m | $7.4m | $726k | $88.8m | $88.4m | $98.8m | $104.4m | — | |
| Investment Income, Interest | $723k | $6.1m | $1.9m | $3.1m | $1.3m | $586k | $3.7m | $23.7m | $18.6m | $10.1m | — | |
| Operating Lease, Expense | — | — | — | — | $43.3m | $43.4m | $61.2m | $71.3m | $71.7m | $74.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($493.1m) | ($914.0m) | ($577.0m) | ($242.6m) | ($294.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($347.9m) | ($273.2m) | ($241.1m) | ($204.5m) | ($228.0m) | |
| Change In Account Payable | — | — | — | — | — | — | $41.1m | ($7.5m) | $9.4m | $18.4m | ($21.5m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($132.5m) | ($553.0m) | ($236.0m) | $119.4m | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | $81.3m | ($32.3m) | ($43.4m) | ($36.3m) | $30.2m | |
| Change In Other Working Capital | — | — | — | — | — | — | $39.2m | $41.2m | ($17.4m) | ($2.6m) | ($31.2m) | |
| Change In Payable | — | — | — | — | — | — | $122.4m | ($39.8m) | ($34.1m) | ($17.9m) | ($21.5m) | |
| Change In Tax Payable | — | — | — | — | — | — | $81.3m | ($32.3m) | ($43.4m) | ($36.3m) | $30.2m | |
| Changes In Cash | — | — | — | — | — | — | ($130.6m) | ($549.3m) | ($229.1m) | $107.7m | ($109.2m) | |
| End Cash Position | — | — | — | — | — | — | $1.1b | $573.1m | $337.1m | $456.4m | $371.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($493.1m) |
($914.0m)
-85.34%
|
($577.0m)
+36.87%
|
($242.6m)
+57.95%
|
($294.2m)
-21.24%
|
|
| Free Cash Flow | — | — | — | — | — | — | $517.7m | $322.9m | $377.8m | $319.7m | $175.4m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($44.0m) | $9.1m | $9.6m | ($6.9m) | ($6.9m) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $19.7m | $94.3m | $129.3m | $161.7m | $4.1m | |
| Investing Cash Flow | — | — | — | — | — | — | ($347.9m) | ($273.2m) | ($241.1m) | ($204.5m) | ($228.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($230.8m) | $75.9m | ($94.4m) | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | ($48.8m) | $57.6m | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $66.3m | $5.7m | $337k | $12.4m | $12.4m | |
| Operating Gains Losses | — | — | — | — | — | — | ($44.0m) | $9.1m | $9.6m | ($6.9m) | $3.0m | |
| Other Non Cash Items | — | — | — | — | — | — | $23.8m | $45.7m | $45.2m | ($19.6m) | — | |
| Purchase Of Business | — | — | — | — | — | — | ($230.8m) | ($38.6m) | ($94.4m) | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | ($86.8m) | $0 | $0 | $0 | |
| Sale Of Business | — | — | — | — | — | — | — | $114.5m | $0 | $0 | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $38.0m | $57.6m | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $66.3m | $5.7m | $337k | $12.4m | $12.4m | |
| Stock Based Compensation | — | — | — | — | — | — | $24.9m | $25.4m | $26.8m | $34.0m | $33.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.