VAIL RESORTS INCMTN

時価総額

$51.2億

PER

山岳リゾート運営・宿泊・不動産開発の最大手。マルチリゾート頻度パスやデータ駆動のマーケティングを展開、2023/24シーズンに北米で約1,580万来訪に貢献。2022年8月にアンダーマット・セドランの55%を買収。北米・欧州・豪州で展開。

	2011年 7月31日	2012年 7月31日	2013年 7月31日	2014年 7月31日	2015年 7月31日	2016年 7月31日	2017年 7月31日	2018年 7月31日	2019年 7月31日	2021年 7月31日	2022年 7月31日	2023年 7月31日	2024年 7月31日
Net income	34	16	38	28	115	149	232	401	323	124	368	285	246
Depreciation and amortization	118	128	133	141	149	161	189	204	218	253	252	269	276
Stock-based compensation expense	12	12	12	14	16	17	18	19	20	24	25	25	27
Deferred income taxes, net	32	9	-8	6	13	8	36	-46	22	-16	-9	24	12
Loss (gain) on disposal of fixed assets and other, net	-	-	-	-	-	-	-	-	-	-	44	-9	-10
Change in Fair Value of Contingent Consideration	-	-	-	-	-4	4	16	-2	5	14	20	50	48
Other Noncash Expense	-	-	-	-	-	-	-	-	-	13	4	-	-
Other non-cash (income) expense, net	9	6	7	9	7	8	15	14	14	-	-	5	8
Trade receivables, net	2	3	12	17	15	33	36	44	35	237	39	-4	-13
Inventories, net	3	11	0	-1	1	1	-8	1	7	-23	28	23	-13
Accounts payable and accrued liabilities	-23	-3	20	21	4	42	-14	2	23	119	41	-8	9
Deferred revenue	-	-	-	-	-	-	-	-	36	199	49	60	3
Increase (Decrease) in Income Taxes Payable	-12	-0	22	12	42	57	18	38	39	30	98	-32	-43
Other assets and liabilities, net	8	-12	0	-3	22	-7	-5	-1	-9	-12	10	19	20
Net cash provided by operating activities	267	185	222	246	304	427	457	552	634	525	710	640	587
Capital expenditures	96	133	95	118	124	109	144	141	192	115	193	315	211
Acquisition of businesses, net of cash acquired	62	23	20	-	307	20	553	1	419	-	116	39	94
Business Combination, Deposits Returned	-	-	-	-	-	-	-	-	-	-	-	115	-
Deposit returned (paid) for acquisition of business	-	-	-	-	-	-	-	-	-	-	114	-	-
Investments in short-term deposits	-	-	-	-	-	-	-	-	-	-	-	87	-
Maturity of short-term deposits	-	-	-	-	-	-	-	-	-	-	-	38	58
Cash received from disposal of fixed assets	-	-	-	-	-	-	-	-	-	-	66	6	0
Other investing activities, net	0	-0	4	-0	-1	2	-7	-7	-15	-12	-9	-9	-6
Net cash used in investing activities	-158	-156	-108	-118	-427	-124	-683	-135	-596	-103	-348	-273	-241
Proceeds from 6.50% Senior Notes	-	-	-	-	-	-	-	-	-	-	-	-	600
Repayments of borrowings under Vail Holdings Credit Agreement	-	-	-	-	-	9	28	183	236	63	63	63	56
Repayments of borrowings under 6.25% Notes	-	-	-	-	-	-	-	-	-	-	-	-	600
Repayments of borrowings under Whistler Credit Agreement	-	-	-	-	-	-	54	92	45	46	33	11	-
Repayment of EB-5 Development Notes	-	-	-	-	-	-	-	-	-	-	52	-	-
Employee taxes paid for share award exercises	-	-	-	-	-	-	-	-	27	39	37	5	6
Repurchases of common stock	-	30	-	-	-	54	0	26	85	-	75	979	150
Dividends paid	-5	24	28	45	76	104	146	204	261	-	226	314	324
Other financing activities, net	2	2	8	-1	13	6	-1	-14	-16	-21	-8	-22	-40
Net cash used in financing activities	-54	-54	-22	-222	115	-271	272	-351	-100	435	-493	-916	-575
Effect of exchange rate changes on cash, cash equivalents and restricted cash	-	-	-	-	-	-	-	-	-5	-0	-2	-4	-7
Net decrease in cash, cash equivalents and restricted cash	-	-	-	-	-	-	-	-	-67	856	-132	-553	-236
Cash paid for interest	36	30	34	57	46	33	46	54	71	126	114	141	147
Taxes paid, net	1	0	4	-7	-4	22	49	17	27	5	20	94	129
Accrued capital expenditures	-	-	-	-	6	16	15	16	18	5	31	23	25