Vail Resorts Stock Quadruples Its Value in the Past 4 Years

Vail Resorts stock (MTN) has nearly quadrupled its value in the past four years.  Vail Resorts shares have gone up 20% since September.  That recent surge has coincided with significant snowstorms in Colorado, Utah, and California where Vail Resorts owns and operates ski resorts.

Vail has increased its earnings at a 24% compound annual rate in the past 6 years.

Vail Resort’s annual revenue to continue to significantly increase in value the next two years breaking $1.5 billion per year.

Vail Resorts recently acquired Park City ski resort in Utah for $182.5 million cash and combined it with their neighboring ski resort, The Canyons, to make the largest ski resort in the USA.  Vail also recently acquired Perisher ski resort, Australia’s largest ski resort for $136 million.

Vail has raised season ticket prices between 3.5% and 5.5% this year.

VAIL RESORTS 2015 BY THE NUMBERS:

• $1.4 billion in revenue in 2015 fiscal year

• 8.2 million skier visits at Vail Resorts’ 11 ski resorts in 2014/15, a 6.5% increase over the previous season despite a 16.4% decrease in skier visits at its California ski resorts

• Epic Pass sales increased $37.1 million over the previous season’s sales, a 22% increase

• Resort revenue (defined as lodging & mountain earnings before interest, taxes, depreciation, & amortization or EBITDA) grew 36% in 2015 to $365.8 million

• Margins on its revenue increased to 25.6% in the 2015 fiscal year

VAIL’S 11 SKI RESORTS

1. Vail, CO
2. Beaver Creek, CO
3. Keystone, CO
4. Breckenridge, CO (the most visited ski resort in the USA)
   
5. Park City, UT (the largest ski resort in the USA)
6. Heavenly, CA
7. Kirkwood, CA
8. Northstar, CA
9. Afton Alps, MN
10. Mount Brighton, MI
11. Perisher, Australia (the largest ski resort in Australia)