MTN (Vail Resorts) Debt-to-EBITDA : 1.42 (As of Apr. 2026) — 61% Below Median

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MTN Vail Resorts Inc MTN
83 GF Score
Price $148.51
GF Value $181.36
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vail Resorts Debt-to-EBITDA?

Vail Resorts MTN +1.23% 83 Debt-to-EBITDA is 1.42 as of Apr. 2026, which is 61% below its 10-year median of 3.62. GuruFocus rates MTN with a GF Score™ of 83/100 and a GF Value™ of $181.36 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 652 Travel & Leisure companies, Vail Resorts ranks worse than 70.55% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Vail Resorts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $109 Mil. Vail Resorts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $3,148 Mil. Vail Resorts's annualized EBITDA for the quarter that ended in Apr. 2026 was $2,298 Mil. Vail Resorts's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 1.42.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Vail Resorts's Debt-to-EBITDA or its related term are showing as below:

MTN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.63   Med: 3.62   Max: 5.81
Current: 4.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vail Resorts was 5.81. The lowest was 1.63. And the median was 3.62.

MTN's Debt-to-EBITDA is ranked worse than
70.55% of 652 companies
in the Travel & Leisure industry
Industry Median: 2.525 vs MTN: 4.40

Vail Resorts  (NYSE:MTN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Vail Resorts Debt-to-EBITDA Related Terms


Vail Resorts Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vail Resorts's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vail Resorts Debt-to-EBITDA Chart

Vail Resorts Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 3.43 3.81 3.90 3.96

Vail Resorts Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 -7.01 -6.45 1.88 1.42

MTN vs CZR, BYD, HGV: Debt-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Vail Resorts's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vail Resorts Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vail Resorts's Debt-to-EBITDA falls into.


MTN
83GF Score
Vail Resorts Inc MTN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vail Resorts Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Vail Resorts's Debt-to-EBITDA for the fiscal year that ended in Jul. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(634.392 + 2809.85) / 870.462
=3.96

Vail Resorts's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(109.454 + 3148.035) / 2297.564
=1.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.42 mean?
Vail Resorts (MTN) has a Debt-to-EBITDA of 1.42 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vail Resorts. This is 61% below median its historical median of 3.62. Over the past decade, Vail Resorts' Debt-to-EBITDA has ranged from 1.63 to 5.81. According to the industry distribution chart, Vail Resorts ranks #460 out of 652 companies in the Travel & Leisure industry, placing it in the top 70.6%.
Is Vail Resorts' Debt-to-EBITDA too high?
Vail Resorts' current Debt-to-EBITDA of 1.42 is 61% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 5.81. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. Vail Resorts' value of 1.42 is 43.8% below this industry median. Based on the distribution chart, Vail Resorts ranks #460 out of 652 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Vail Resorts has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vail Resorts' Debt-to-EBITDA compare to CZR and BYD?
According to the Travel & Leisure industry distribution chart, Vail Resorts ranks #460 out of 652 companies for Debt-to-EBITDA. This places Vail Resorts in the lower half of its industry. The industry median Debt-to-EBITDA is 2.53. Vail Resorts' value of 1.42 is 43.8% below this benchmark. Historically, Vail Resorts' own Debt-to-EBITDA has ranged from 1.63 to 5.81 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 2.53, Vail Resorts has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 652 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vail Resorts's current Debt-to-EBITDA of 1.42 is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vail Resorts. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vail Resorts's current Debt-to-EBITDA is 1.42, which is 61% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vail Resorts stock overvalued right now?
Based on GuruFocus' analysis, Vail Resorts (MTN) is currently considered Modestly Undervalued. The stock's GF Value™ is $181.36, compared to a current price of $148.51 — trading 18.1% below its estimated fair value. The current Debt-to-EBITDA is 1.42, which is 61% below median its 10-year median of 3.62 and 43.8% below the Travel & Leisure industry median of 2.53. Vail Resorts' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Vail Resorts (MTN), the current Debt-to-EBITDA is 1.42 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vail Resorts (MTN) Overvalued in 2026?

Based on GuruFocus' analysis, Vail Resorts stock appears to be undervalued. The current stock price of $148.51 is trading 18.1% below its estimated GF Value™ of $181.36. GuruFocus considers Vail Resorts to be Modestly Undervalued.

Key valuation signals for MTN:

  • Debt-to-EBITDA: 1.42 (61% below median its 10-year median of 3.62)
  • GF Value™: $181.36 vs. price of $148.51 (18.1% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 43.8% below the Travel & Leisure median (#460 of 652)

No single metric tells the full story. See the MTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vail Resorts Business Description

Address 390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
83GF Score

Get the complete analysis for MTN

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$148.51
Price
$181.36
GF Value