VAIL RESORTS INC
For the period ended Jul 31, 2025. Filed Sep 29, 2025.
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FY2025 · Filed Sep 29, 2025
MTN$159.89+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share amounts)
| July 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $440,290 | $322,827 |
| Restricted cash | 16,129 | 14,236 |
| Trade receivables, net of allowances | 382,370 | 375,752 |
| Inventories, net of reserves | 117,178 | 118,988 |
| Other current assets | 93,823 | 70,158 |
| Total current assets | 1,049,790 | 901,961 |
| Property, plant and equipment, net (Note 8) | 2,374,654 | 2,418,530 |
| Real estate held for sale or investment | 87,853 | 86,548 |
| Goodwill, net (Note 8) | 1,675,215 | 1,677,975 |
| Intangible assets, net (Note 8) | 298,497 | 302,535 |
| Operating right-of-use assets (Note 4) | 242,485 | 258,268 |
| Other assets | 49,391 | 40,756 |
| Total assets | $5,777,885 | $5,686,573 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities (Note 8) | $1,056,665 | $1,000,798 |
| Income taxes payable | 11,452 | 46,428 |
| Long-term debt due within one year (Note 6) | 599,509 | 59,314 |
| Total current liabilities | 1,667,626 | 1,106,540 |
| Long-term debt, net (Note 6) | 2,594,765 | 2,731,492 |
| Operating lease liabilities (Note 4) | 215,085 | 235,106 |
| Other long-term liabilities | 294,464 | 311,768 |
| Deferred income taxes, net (Note 10) | 252,041 | 276,789 |
| Total liabilities | 5,023,981 | 4,661,695 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, 25,000 shares authorized, no shares issued and outstanding | — | — |
| Common stock, $0.01 par value, 100,000 shares authorized and 46,945 and 46,855 shares issued, respectively | 469 | 469 |
| Additional paid-in capital | 1,171,536 | 1,145,610 |
| Accumulated other comprehensive loss | (57,889) | (67,288) |
| Retained earnings | 718,662 | 766,826 |
| Treasury stock, at cost; 11,060 and 9,370 shares, respectively (Note 13) | (1,408,279) | (1,135,685) |
| Total Vail Resorts, Inc. stockholders’ equity | 424,499 | 709,932 |
| Noncontrolling interests | 329,405 | 314,946 |
| Total stockholders’ equity | 753,904 | 1,024,878 |
| Total liabilities and stockholders’ equity | $5,777,885 | $5,686,573 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.