- Net revenue for Vail Resorts in Q4 2024 was $265.4 million, a slight decrease of 1.6% year-over-year. The estimate was $264.7 million.
- Loss per share was $4.67, compared to a loss per share of $3.35 in the previous year, and above the estimated loss per share of $4.23.
- The effective ticket price increased by 2% year-over-year to $69.04, but it was below the estimated price of $70.83.
- Total reported EBITDA loss was $115.9 million, an increase of 32% year-over-year, which was higher than the estimated loss of $108.7 million.
- Total skier visits were 699,000, a decline of 19% year-over-year, compared to the estimated 829,576 skier visits.
- The company expects its net income for fiscal 2025 to be between $224 million and $300 million.
- For fiscal 2025, Resort Reported EBITDA is projected to be between $838 million and $894 million.
- Vail Resorts expects growth rates in season pass sales for December 2024 to be consistent with September 2024 rates.
- One-time operating expenses are expected to be approximately $15 million in fiscal 2025 and $14 million in fiscal 2026.
- Capital investments are anticipated to be around $6 million in calendar year 2025 and $12 million in calendar year 2026.
- Despite challenging conditions, the Resort Reported EBITDA remained consistent with prior year results, excluding the impact of the Crans-Montana acquisition.
- Q4 Resort Reported EBITDA declined, mainly due to underperformance in the Australian winter business.
- Ancillary spending per visit showed strong growth, particularly in ski school, dining, and rental businesses.
- The decline in Australian skier visitation by 18% significantly impacted the overall results for the quarter.
- Current market recommendations include 4 buys, 6 holds, and 2 sells on Vail Resorts stock.
Vail Resorts on Smartkarma
Analysts on Smartkarma are closely following Vail Resorts, with insights from top independent research providers like Baptista Research and Value Investors Club. Baptista Research highlights Vail Resorts‘ recent fiscal third-quarter 2024 results, showcasing mixed financial performance due to challenging weather conditions across North American resorts. Despite these challenges, the company saw growth in net revenue and EBITDA to record levels, driven by advanced commitment products and increased ancillary spending per visitor. Baptista Research aims to provide a comprehensive evaluation of the factors affecting the company’s price in the near future, employing a Discounted Cash Flow (DCF) methodology for independent valuation.
Similarly, Value Investors Club notes Vail Resorts‘ strategic expansion to 41 destinations and impressive growth in EBITDA and revenue by over 50% since 2018. While the company has previously underperformed benchmarks, it is now positioned for a turnaround. Despite increased leverage from acquisitions, Vail Resorts‘ management has effectively navigated disruptions and offers an enticing investment opportunity with growth potential. The insights from Value Investors Club, sourced from publicly available information, emphasize the company’s positive trajectory and investment appeal, providing valuable perspectives for investors.
A look at Vail Resorts Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the Smartkarma Smart Scores for Vail Resorts, the company seems to have a positive long-term outlook. With a strong focus on both dividend yield and growth potential, Vail Resorts scored a 4 out of 5 in these areas. This indicates that the company is well-positioned to provide returns to its investors while also showing promising future expansion opportunities.
Although Vail Resorts scored lower in terms of its value and resilience, with scores of 2, the company still maintains a decent momentum score of 3. This suggests that while there may be some areas for improvement, Vail Resorts is showing signs of steady progress and market traction. Overall, with its diverse portfolio of resorts in Colorado catering to different customer segments, Vail Resorts appears to have a solid foundation for continued success in the leisure and hospitality industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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