Vail Resorts Grows Revenue, Profit in Labor-Disrupted Quarter

March 12, 2025

For the quarter ended Jan. 31, Vail’s net revenue increased 5.5% to $1.13 billion. Net income was $245.5 million, or $6.56 per diluted share – a nearly 12% increase year-over-year. Resort-reported EBITDA was $459.7 million, an 8.1% increase.

From the beginning of the ski season to March 2, Vail shared that:

• Season-to-date total skier visits declined 2.5% compared to the prior year season-to-date period.
• Season-to-date total lift ticket revenue, including an allocated portion of season pass revenue for each applicable period, increased 4.1% compared to the prior year season-to-date period.
• Season-to-date ski school revenue increased 3% and dining revenue was up 3.1% compared to the prior year season-to-date period. Retail/rental revenue for North American resort and ski area store locations decreased 2.9% compared to the prior year season-to-date period. SES