Vail Resorts vs Wyndham Hotels & Resorts
Vail Resorts reported revenue of $2.8 billion in fiscal 2026, 2.0 times Wyndham Hotels & Resorts' $1.4 billion in fiscal 2025. Vail Resorts' revenue fell 4.3% in its latest year, and Wyndham Hotels & Resorts' grew 1.5%. Vail Resorts had an operating margin of 14.8%, against 28.1% at Wyndham Hotels & Resorts. Free cash flow was $248 million at Vail Resorts and $321 million at Wyndham Hotels & Resorts. Their fiscal years end in different months (July 31 and December 31), so the periods don't line up exactly.
Side by side
| Vail Resorts | Wyndham Hotels & Resorts | |
|---|---|---|
| Latest fiscal year | FY2026, Jul 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $2.8B | $1.4B |
| Revenue growth | −4.3% | 1.5% |
| Revenue growth a year, last 5 years | 8.2% | 1.9% |
| Gross margin | — | — |
| Operating margin | 14.8% | 28.1% |
| Net margin | 5.2% | 13.5% |
| Free cash flow | $248M | $321M |
| Free cash flow margin | 8.7% | 22.5% |
| Return on capital | 8.1% | 9.9% |
| Net debt to EBITDA | 4.6x | 5.4x |
| Dividends and buybacks | $362M | $393M |
| Change in diluted share count | −3.8% | −3.6% |
| Last close | $149.40 | $72.85 |
| P/E at the last close | 36.3× | 26.7× |
| Insider trades, last 12 months | bought $5.0 million, sold $0 | sold $16.7 million |
| Piotroski F-score | 5 of 8 | 4 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Vail ResortsWyndham Hotels & Resorts
Operating margin
Percent of revenue
Vail ResortsWyndham Hotels & Resorts
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Vail ResortsWyndham Hotels & Resorts
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Vail Resorts and Wyndham Hotels & Resorts pages.