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VAIL RESORTS INC (MTN)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJul-31-23Jul-31-22Jul-31-21Jul-31-20Jul-31-19Jul-31-18Jul-31-17Jul-31-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  2,889.42,525.91,909.71,963.72,271.62,011.61,907.21,601.3
            Revenue growth  14.4%32.3%-2.7%-13.6%12.9%5.5%19.1%14.4%
Cost of goods sold  2,272.41,785.11,609.71,738.71,739.71,555.91,487.11,276.1
Gross profit  617.0740.8300.1225.0531.9455.6420.1325.2
            Gross margin  21.4%29.3%15.7%11.5%23.4%22.7%22.0%20.3%
Selling, general and administrative   [+]389.5347.5297.0278.7274.4251.8236.8209.0
EBITDA   [+]764.5898.1508.2448.4688.4614.6545.3435.0
            EBITDA margin  26.5%35.6%26.6%22.8%30.3%30.6%28.6%27.2%
Depreciation  263.4247.2247.2243.1210.7199.2180.9156.8
EBITA  501.1650.9261.0205.3477.6415.5364.5278.2
            EBITA margin  17.3%25.8%13.7%10.5%21.0%20.7%19.1%17.4%
Amortization of intangibles  5.15.25.46.57.45.38.34.7
EBIT   [+]496.0645.7255.6198.8470.2410.2356.2273.5
            EBIT margin  17.2%25.6%13.4%10.1%20.7%20.4%18.7%17.1%
Non-recurring items   [+]-9.144.0-5.4-24.6-6.01.3-23.1-9.5
Interest expense, net   [+]129.3144.5150.8105.476.461.348.041.6
Other income (expense), net   [+]-2.3-0.115.0-1.5-0.9-7.417.21.3
Pre-tax income  373.5457.2125.2116.4399.0340.1348.4242.6
Income taxes  88.488.80.77.475.5-61.1116.793.2
            Tax rate  23.7%19.4%0.6%6.3%18.9% 33.5%38.4%
Minority interest  17.020.4-3.410.222.321.321.2-0.3
Net income  268.1347.9127.998.8301.2379.9210.6149.8
            Net margin  9.3%13.8%6.7%5.0%13.3%18.9%11.0%9.4%
   
Basic EPS   [+]$6.76$8.60$3.17$2.45$7.46$9.40$5.36$4.13
Diluted EPS   [+]$6.74$8.55$3.13$2.42$7.32$9.13$5.22$4.01
   
Dividends per share   [+]$7.94$5.58 $5.28$6.46$5.05$3.73$2.87
   
Shares outstanding (basic)   [+]39.740.540.340.340.340.439.336.3
Shares outstanding (diluted)   [+]39.840.740.840.841.241.640.437.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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