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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2025
Jul. 31, 2024
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    
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 0 0
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
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized 25,000,000 25,000,000
Preferred stock, shares outstanding 0 0
Preferred stock, shares issued 0 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 46,945,000 46,855,000
Treasury Stock, Common, Shares 11,060,183 9,370,000