Vail Resorts, Inc.
Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 37 destination mountain resorts and re…
Gambling, Resorts & Casinos
US, Broomfield [HQ]
Cash Flow Statements
14 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Cash Flow (OCF) | 35.00 | 267.00 | 185.00 | 222.00 | 245.00 | 303.00 | 426.00 | 456.00 | 551.00 | 634.00 | 394.00 | 525.00 | 710.00 | 639.00 | |
| Operating Cash (Net) | 35.00 | 267.00 | 185.00 | 222.00 | 245.00 | 303.00 | 426.00 | 456.00 | 551.00 | 634.00 | 394.00 | 525.00 | 710.00 | 639.00 | |
| Accounts Receivable | 5.00 | -1.00 | -2.00 | -11.00 | -17.00 | -15.00 | -32.00 | -36.00 | -44.00 | -35.00 | 167.00 | -237.00 | -39.00 | 4.00 | |
| Accounts Payable | -12.00 | -23.00 | -2.00 | 19.00 | 20.00 | 4.00 | 42.00 | -14.00 | 1.00 | 23.00 | -82.00 | 118.00 | 41.00 | -7.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -147.00 | -99.00 | -8.00 | 29.00 | 18.00 | 8.00 | 78.00 | -16.00 | -29.00 | 50.00 | -23.00 | 127.00 | 94.00 | -17.00 | |
| Other WC | -140.00 | -71.00 | 7.00 | 21.00 | 13.00 | 20.00 | 70.00 | 25.00 | 13.00 | 70.00 | -106.00 | 222.00 | 120.00 | 8.00 | |
| Investing Activities | |||||||||||||||
| Used Cash (Net) | -83.00 | -158.00 | -155.00 | -108.00 | -117.00 | -427.00 | -124.00 | -682.00 | -134.00 | -596.00 | -492.00 | -103.00 | -347.00 | -273.00 | |
| Capital Expenditure | -68.00 | -95.00 | -132.00 | -94.00 | -118.00 | -123.00 | -109.00 | -144.00 | -140.00 | -192.00 | -172.00 | -115.00 | -192.00 | -314.00 | |
| Purchases of Investments | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -86.00 | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | 7.00 | 7.00 | - - | - - | - - | - - | - - | 37.00 | |
| Property, Plant, Equipment (P&PE) | -68.00 | -95.00 | -132.00 | -94.00 | -118.00 | -123.00 | -109.00 | -144.00 | -140.00 | -192.00 | -172.00 | -115.00 | -192.00 | -314.00 | |
| Acquisitions (Net) | -15.00 | -62.00 | -23.00 | -19.00 | - - | -307.00 | -20.00 | -553.00 | -1.00 | -419.00 | -327.00 | - - | -230.00 | 75.00 | |
| Other Investing Activities | 1.00 | - - | - - | 6.00 | - - | 3.00 | 5.00 | 14.00 | 7.00 | 15.00 | 7.00 | 11.00 | 75.00 | 14.00 | |
| Financing Activities | |||||||||||||||
| Used Cash (Net) | -6.00 | -53.00 | -53.00 | -21.00 | -222.00 | -115.00 | -271.00 | -271.00 | -350.00 | -99.00 | -376.00 | -434.00 | -493.00 | -915.00 | |
| Debt Repayment | -106.00 | -616.00 | -57.00 | -97.00 | -175.00 | -510.00 | -329.00 | -267.00 | -274.00 | -280.00 | -1,015.00 | -494.00 | -146.00 | -73.00 | |
| Dividends Paid | - - | -5.00 | -24.00 | -28.00 | -45.00 | -75.00 | -103.00 | -146.00 | -204.00 | -260.00 | -212.00 | - - | -225.00 | -314.00 | |
|
Common Stock
|
14 | - - | 86 | - - | - - | - - | 263 | 686 | 297 | 655 | 1,748 | - - | 75 | 494 | |
| Issued | - - | - - | 56.00 | - - | - - | - - | 210.00 | 686.00 | 271.00 | 570.00 | 1,702.00 | -39.00 | -37.00 | -5.00 | |
| Repurchased | -14.00 | - - | -30.00 | - - | - - | - - | -53.00 | - - | -25.00 | -85.00 | -46.00 | -39.00 | -112.00 | -500.00 | |
| Other Financing Activities | 114.00 | 568.00 | 2.00 | 103.00 | -1.00 | 700.00 | 6.00 | - - | -117.00 | -43.00 | -50.00 | -20.00 | -8.00 | -27.00 | |
| Cash Balances | |||||||||||||||
| Begin of Period | 69.00 | 14.00 | 70.00 | 46.00 | 138.00 | 44.00 | 35.00 | 67.00 | 117.00 | 185.00 | 118.00 | 402.00 | 1,258.00 | 1,126.00 | |
| End of Period | 14.00 | 70.00 | 46.00 | 138.00 | 44.00 | 35.00 | 67.00 | 117.00 | 178.00 | 118.00 | 402.00 | 1,258.00 | 1,126.00 | 573.00 | |
| Change | -54.00 | 55.00 | -24.00 | 92.00 | -94.00 | -8.00 | 32.00 | 49.00 | 60.00 | -66.00 | 283.00 | 856.00 | -132.00 | -553.00 | |
| Non-Cash Balances | |||||||||||||||
| Depreciation and Amortization | 110.00 | 117.00 | 127.00 | 132.00 | 140.00 | 149.00 | 161.00 | 189.00 | 204.00 | 218.00 | 249.00 | 252.00 | 252.00 | 268.00 | |
| Stock Based Compensation | 11.00 | 12.00 | 11.00 | 12.00 | 14.00 | 15.00 | 17.00 | 18.00 | 19.00 | 19.00 | 21.00 | 24.00 | 24.00 | 25.00 | |
| Other | 29.00 | 169.00 | 28.00 | 18.00 | 38.00 | 3.00 | 12.00 | -2.00 | 2.00 | - - | 21.00 | 12.00 | -20.00 | 54.00 | |
| Highlighted metrics | |||||||||||||||
| Free Cash Flow (FCF) | -33.00 | 171.00 | 52.00 | 127.00 | 127.00 | 179.00 | 317.00 | 312.00 | 411.00 | 442.00 | 222.00 | 410.00 | 517.00 | 324.00 | |
| Cash Conversion Cycle (CCC) | -86.00 | 17.00 | 27.00 | 28.00 | 26.00 | 33.00 | 34.00 | 40.00 | 43.00 | 43.00 | 32.00 | 59.00 | 43.00 | 44.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
|||||||||||||||
| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | 3.00 | -5.00 | -5.00 | 5.00 | - - | -1.00 | -3.00 |