Vail Resorts, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Vail Resorts, Inc. (MTN), the latest P/E of 34.1 frames valuation, while ROE 49.64% and ROIC 9.67% indicates profitability and capital efficiency. Together with the current ratio of 0.91 and debt-to-equity 5.90, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

MTN Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$78.85$79.77$76.19$72.86$62.42$47.39$48.76$56.30$49.79$48.59
Net Income per Share$4.96$7.54$6.08$6.76$8.60$3.17$2.45$7.46$9.40$5.36
Operating Cash Flow per Share$13.23$14.93$15.50$16.13$17.56$13.03$9.81$15.72$13.66$11.64
Free Cash Flow per Share$6.61$8.60$9.92$8.19$12.79$10.18$5.53$10.96$10.17$7.96
Cash per Share$10.34$11.85$8.53$14.20$27.37$30.87$9.71$2.70$4.41$2.99
Book Value per Share$25.51$20.29$27.42$33.68$45.66$45.39$38.03$42.80$44.85$45.83
Tangible Book Value per Share$-30.26$-32.83$-24.88$-17.50$-5.47$-6.73$-12.22$-4.65$1.37$-0.40
Interest Debt per Share$96.22$97.32$84.68$80.15$76.39$80.07$69.86$41.51$33.61$34.42
CAPEX per Share$6.62$6.33$5.58$7.94$4.77$2.86$4.28$4.76$3.48$3.68

MTN Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)34.1519.9429.9134.8227.7596.2178.2533.0329.4439.29
Price to Book (P/B)9.6213.159.539.35.997.715.876.637.045.27
Price to Sales (P/S)1.861.882.393.233.826.443.944.385.564.34
Enterprise Value to EBITDA11.049.8612.2714.1913.8126.5120.0816.1419.9816.03
EV to Sales2.882.93.334.084.557.45.125.036.124.96
EV to Operating Cash Flow17.1615.4816.3918.4516.1726.925.4418.0322.320.69
EV to Free Cash Flow34.3326.8625.636.3522.1934.4545.1425.8629.9330.25
Enterprise Value$8.15B$8.59B$9.61B$11.80B$11.49B$14.13B$10.05B$11.43B$12.30B$9.45B

MTN Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)49.64%65.96%31.84%26.71%21.58%8.02%7.51%20.07%23.90%13.40%
Return on Invested Capital (ROIC)9.67%8.74%7.50%7.83%6.51%4.79%4.41%10.28%13.74%7.12%
Return on Tangible Assets4.83%7.36%6.20%6.84%8.19%3.08%3.07%11.99%16.45%9.17%
Earnings Yield3.35%5.02%3.34%2.87%3.60%1.04%1.28%3.03%3.40%2.55%
Free Cash Flow Yield4.51%5.73%5.45%3.48%5.36%3.33%2.88%4.45%3.67%3.78%
Dividend Yield6.01%5.88%4.70%3.37%2.34%0.00%2.75%2.62%1.83%1.77%

MTN Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.910.630.821.071.611.781.10.730.910.72
Interest Coverage3.453.263.043.32.891.722.095.996.477.01
Income Quality2.691.982.382.241.934.223.621.961.371.97
Debt to Equity5.98.114.213.011.831.932.061.060.810.83
Debt to Assets57.29%59.61%53.43%50.86%46.58%49.20%51.61%36.04%31.85%31.55%
Net Debt to EBITDA3.913.453.472.962.213.444.632.11.812

MTN Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover7.937.757.687.586.595.5318.418.398.7110.2
Payables Turnover11.971.311.7211.238.9210.9919.913.4614.1615.18
Inventory Turnover9.751.5513.9212.5912.4113.4411.6613.4413.3712.8
Days Sales Outstanding46.0147.0947.5448.1455.4166.0219.8343.5341.8835.77
Days Payables Outstanding30.5280.7431.1332.540.9233.2218.3427.1225.7724.05
Days of Inventory on Hand37.43235.0226.232929.4127.1531.327.1627.328.5

MTN Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA11.049.8612.2714.1913.8126.5120.0816.1419.9816.03
Market Cap$5.27B$5.58B$6.89B$9.34B$9.65B$12.30B$7.73B$9.95B$11.18B$8.27B
Enterprise Value$8.15B$8.59B$9.61B$11.80B$11.49B$14.13B$10.05B$11.43B$12.30B$9.45B
Dividend Yield6.01%5.88%4.70%3.37%2.34%0.00%2.75%2.62%1.83%1.77%
Payout Ratio178.48%117.20%140.48%117.23%64.90%0.00%215.24%86.52%53.74%69.45%

Frequently Asked Questions

Is Vail Resorts, Inc. stock overvalued based on its P/E ratio?

On this page, MTN's current P/E is 34.1, compared with a multi-year average around 42.3. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is Vail Resorts, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $5.27B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Vail Resorts, Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Vail Resorts, Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Vail Resorts, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Vail Resorts, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Vail Resorts, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Vail Resorts, Inc. financially strong based on its ratios?

To assess whether Vail Resorts, Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 0.91, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 3.45, implying a stronger ability to cover interest expenses. Debt-to-equity is about 5.90, suggesting higher leverage than a low-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Vail Resorts, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Vail Resorts, Inc. is sustaining strong returns (for example ROE at 49.64% and ROIC at 9.67%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.