Financial Statements

Vail Resorts, Inc. (MTN)

$210.29

+6.42 (+3.15%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 774646760727-
Net Income 34812899301380
Stock Dividends ----8551
Dividend Paid -226--213-261-204
Retained Earnings 896774646760727

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 2,2732,4181,8431,627-
Annual Depreciation 230-317484071,768
Capital Expenditure -193-115-172-192-141
Net PPE 2,3102,2732,4181,8431,627

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -1,4761,6081,7091,781
New Purchases -----
Intangible and Goodwill 1,4761,6081,7091,7811,755

Vail Resorts, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Vail Resorts, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.