Vail Resorts annual debt-to-equity ratio
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2025
Vail Resorts Debt-to-Equity Ratio Growth & History (MTN)
Vail Resorts's debt-to-equity ratio was 8.93 for fiscal 2025.
View full Vail Resorts company overviewVail Resorts annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-07-31 | 8.93 | 4.62 | +107.39% |
| 2024 | 2024-07-31 | 4.31 | 1.29 | +42.90% |
| 2023 | 2023-07-31 | 3.01 | 1.19 | +65.10% |
| 2022 | 2022-07-31 | 1.83 | −0.10 | −5.38% |
| 2021 | 2021-07-31 | 1.93 | −0.13 | −6.10% |
| 2020 | 2020-07-31 | 2.05 | 1.00 | +95.57% |
| 2019 | 2019-07-31 | 1.05 | 0.25 | +31.18% |
| 2018 | 2018-07-31 | 0.80 | −0.01 | −1.13% |
| 2017 | 2017-07-31 | 0.81 | 0.01 | +1.14% |
| 2016 | 2016-07-31 | 0.80 | −0.14 | −14.81% |
| 2015 | 2015-07-31 | 0.94 | 0.18 | +23.12% |
| 2014 | 2014-07-31 | 0.76 | −0.20 | −21.08% |
| 2013 | 2013-07-31 | 0.97 | 0.36 | +58.13% |
| 2012 | 2012-07-31 | 0.61 | 0.02 | +3.21% |
| 2011 | 2011-07-31 | 0.59 | −0.08 | −11.25% |
| 2010 | 2010-07-31 | 0.67 | — | — |
Vail Resorts quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-04-30 | 5.77 | 2.48 | +75.35% |
| Q2 2026 | 2026-01-31 | 10.29 | 4.65 | +82.48% |
| Q1 2026 | 2025-10-31 | 18.09 | 11.02 | +156.03% |
| Q4 2025 | 2025-07-31 | 8.93 | 4.62 | +107.39% |
| Q3 2025 | 2025-04-30 | 3.29 | 0.34 | +11.47% |
| Q2 2025 | 2025-01-31 | 5.64 | 2.03 | +56.12% |
| Q1 2025 | 2024-10-31 | 7.07 | 2.32 | +48.81% |
| Q4 2024 | 2024-07-31 | 4.31 | 1.29 | +42.90% |
| Q3 2024 | 2024-04-30 | 2.95 | 0.56 | +23.15% |
| Q2 2024 | 2024-01-31 | 3.61 | 1.51 | +71.53% |
| Q1 2024 | 2023-10-31 | 4.75 | 2.34 | +96.93% |
| Q4 2023 | 2023-07-31 | 3.01 | 1.19 | +65.10% |
| Q3 2023 | 2023-04-30 | 2.40 | 0.78 | +47.78% |
| Q2 2023 | 2023-01-31 | 2.11 | 0.20 | +10.51% |
| Q1 2023 | 2022-10-31 | 2.41 | 0.28 | +13.31% |
| Q4 2022 | 2022-07-31 | 1.83 | −0.10 | −5.38% |
| Q3 2022 | 2022-04-30 | 1.62 | −0.11 | −6.35% |
| Q2 2022 | 2022-01-31 | 1.91 | −0.24 | −11.02% |
| Q1 2022 | 2021-10-31 | 2.13 | −0.19 | −8.14% |
| Q4 2021 | 2021-07-31 | 1.93 | −0.13 | −6.10% |
| Q3 2021 | 2021-04-30 | 1.73 | −0.15 | −7.84% |
| Q2 2021 | 2021-01-31 | 2.14 | 0.68 | +46.70% |
| Q1 2021 | 2020-10-31 | 2.32 | 0.57 | +32.81% |
| Q4 2020 | 2020-07-31 | 2.05 | 1.00 | +95.57% |
| Q3 2020 | 2020-04-30 | 1.88 | 1.09 | +138.95% |
| Q2 2020 | 2020-01-31 | 1.46 | 0.54 | +58.81% |
| Q1 2020 | 2019-10-31 | 1.74 | 0.63 | +57.10% |
| Q4 2019 | 2019-07-31 | 1.05 | 0.25 | +31.18% |
| Q3 2019 | 2019-04-30 | 0.79 | 0.18 | +29.21% |
| Q2 2019 | 2019-01-31 | 0.92 | 0.20 | +27.93% |
| Q1 2019 | 2018-10-31 | 1.11 | 0.21 | +23.23% |
| Q4 2018 | 2018-07-31 | 0.80 | −0.01 | −1.13% |
| Q3 2018 | 2018-04-30 | 0.61 | −0.13 | −17.83% |
| Q2 2018 | 2018-01-31 | 0.72 | −0.13 | −15.38% |
| Q1 2018 | 2017-10-31 | 0.90 | −0.15 | −14.51% |
| Q4 2017 | 2017-07-31 | 0.81 | 0.01 | +1.14% |
| Q3 2017 | 2017-04-30 | 0.74 | 0.09 | +13.71% |
| Q2 2017 | 2017-01-31 | 0.85 | 0.02 | +2.96% |
| Q1 2017 | 2016-10-31 | 1.05 | −0.06 | −5.50% |
| Q4 2016 | 2016-07-31 | 0.80 | −0.14 | −14.81% |
| Q3 2016 | 2016-04-30 | 0.65 | −0.01 | −1.41% |
| Q2 2016 | 2016-01-31 | 0.82 | 0.08 | +10.18% |
| Q1 2016 | 2015-10-31 | 1.12 | 0.01 | +1.24% |
| Q4 2015 | 2015-07-31 | 0.94 | 0.18 | +23.12% |
| Q3 2015 | 2015-04-30 | 0.66 | −0.22 | −25.07% |
| Q2 2015 | 2015-01-31 | 0.75 | — | — |
| Q1 2015 | 2014-10-31 | 1.10 | — | — |
| Q4 2014 | 2014-07-31 | 0.76 | −0.20 | −21.08% |
| Q3 2014 | 2014-04-30 | 0.88 | 0.33 | +60.05% |
| Q4 2013 | 2013-07-31 | 0.97 | 0.36 | +58.13% |
| Q3 2013 | 2013-04-30 | 0.55 | −0.01 | −0.90% |
| Q4 2012 | 2012-07-31 | 0.61 | 0.02 | +3.21% |
| Q3 2012 | 2012-04-30 | 0.56 | −0.05 | −8.06% |
| Q2 2012 | 2012-01-31 | 0.61 | −0.01 | −1.39% |
| Q1 2012 | 2011-10-31 | 0.64 | −0.04 | −6.48% |
| Q4 2011 | 2011-07-31 | 0.59 | −0.08 | −11.25% |
| Q3 2011 | 2011-04-30 | 0.60 | — | — |
| Q2 2011 | 2011-01-31 | 0.62 | — | — |
| Q1 2011 | 2010-10-31 | 0.69 | — | — |
| Q4 2010 | 2010-07-31 | 0.67 | — | — |
Vail Resorts debt-to-equity ratio trends
Over the last five fiscal years, Vail Resorts's debt-to-equity ratio increased from 2.05 to 8.93, a change of 6.88. The latest reported quarter, Q3 2026, shows 5.77.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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