---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-24-000089"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2024-09-26T23:59:59+00:00"
generated_at: "2026-05-31T01:43:05.121264+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vail Resorts FY2024 net income $230M, EBITDA $825M; unveils $100M transformation plan

## Summary
- 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.

## SEC filing metadata
- accession: 0000812011-24-000089
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2024-09-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201124000089/0000812011-24-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201124000089/mtn-20240926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-24-000089
- JSON: https://secwatch.observer/filing/0000812011-24-000089.json
- Plain text: https://secwatch.observer/filing/0000812011-24-000089.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.