MTN vs TKO
Vail Resorts Inc. and TKO Group Holdings, Inc., side by side — 5 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | MTN | TKO |
|---|---|---|
| Revenue | $3.0B | $4.7B |
| Net income | $280.0M | $195.4M |
| Gross margin | · | · |
| Net margin | 10.1% | 11.5% |
| Return on equity | 49.4% | 5.0% |
| Diluted EPS | $7.53 | $2.26 |
| Dividend / share | $8.88 | · |
| Payout ratio | 117.2% | 94.8% |
| Free cash flow | $319.7M | · |
| Equity | $424.5M | $3.7B |
| Net debt / equity | 6.49× | 0.78× |
| Current ratio | 0.63× | 1.26× |
| Revenue CAGR 5y | 8.6% | · |
| Profit CAGR 5y | 23.2% | · |
TKO bills 1.6× the revenue of MTN, and keeps more of each dollar of revenue as profit (11.5% against 10.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | MTN | TKO |
|---|---|---|
| FY2025 | $3.0B | $4.7B |
| FY2024 | $2.9B | $4.9B |
| FY2023 | $2.9B | $3.2B |
| FY2022 | $2.5B | $1.1B |
| FY2021 | $1.9B | $1.0B |
Bottom line
| Fiscal year | MTN | TKO |
|---|---|---|
| FY2025 | $280.0M | $195.4M |
| FY2024 | $231.1M | $9.4M |
| FY2023 | $265.8M | $-35.2M |
| FY2022 | $347.9M | $389.0M |
| FY2021 | $127.8M | $273.6M |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,770,804,000 | TKO |
| FY2024 | −$1,999,050,000 | TKO |
| FY2023 | −$335,432,000 | TKO |
| FY2022 | +$1,385,765,000 | MTN |
| FY2021 | +$877,766,000 | MTN |
The higher-revenue side has changed between MTN and TKO over this period. The gap has widened since the earliest year compared.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.5 pp | TKO |
| FY2024 | +13.6 pp | MTN |
| FY2023 | +5.4 pp | MTN |
| FY2022 | −19.5 pp | TKO |
| FY2021 | −20.0 pp | TKO |
The higher net margin has changed hands between MTN and TKO over this period.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TKO's net margin has been more volatile than MTN's over the 5 comparable fiscal years — 14.3 percentage points of standard deviation against 2.7.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between MTN and TKO over these 5 fiscal years — MTN led in 2 and TKO in 3.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MTN's return on equity has been more volatile than TKO's over the 3 comparable fiscal years — 12.4 percentage points of standard deviation against 2.7.
3 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MTN led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 17 comparable fiscal years — a year missing data on either side is not counted.