earnings
confidence high
sentiment neutral
materiality 0.70
Vail Resorts FY2024 net income $230M, EBITDA $825M; unveils $100M transformation plan
VAIL RESORTS INC
2024-FY EPS reported
$6.07
revenue$2,885,191,000
- Net income dropped to $230.4M ($6.07 diluted EPS) from $268.1M ($6.74) in FY2023; revenue flat at $2.885B.
- Resort Reported EBITDA $825.1M vs $834.8M prior year, including $11.1M negative from Crans-Montana.
- FY2025 guidance: net income $224M-$300M; Resort EBITDA $838M-$894M; assumes normal weather and $15M transformation costs.
- Two-year resource efficiency plan targets $100M annualized savings by FY2026, with $27M in FY2025 before $15M one-time costs.
- Quarterly dividend $2.22/share payable Oct 24, 2024; repurchased 0.7M shares ($150M) in FY2024; buyback authority increased by 1.1M shares.