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Walt Disney vs Vail Resorts: revenue, profit, margins and growth compared

Walt Disney brought in $94.4B of revenue in fiscal 2025, Vail Resorts $3B in fiscal 2025. Revenue changed by +3.4% at Walt Disney and +2.7% at Vail Resorts on the year before, so Walt Disney grew faster. Walt Disney kept 13.1% of its revenue as net profit, Vail Resorts 9.4%. Free cash flow was $10.1B at Walt Disney and $319.7M at Vail Resorts.

Side by side, latest fiscal year

DISMTN
Fiscal year endedFY2025 (September 27, 2025)FY2025 (July 31, 2025)
Revenue$94.4B$3B
Revenue growth+3.4%+2.7%
Net income$12.4B$280M
Net margin13.1%9.4%
Free cash flow$10.1B$319.7M
Free cash flow margin10.7%10.8%
Earnings per share (diluted)$6.85$7.53
Cash$5.7B$440.3M
Debt$42B$3.2B
Price to earnings15.518.1
Market value$183.3B$4.9B
Dividend yieldn/a6.52%
Rank by revenue in sector#7 of 778 · Consumer discretionary#286 of 778 · Consumer discretionary

Over the years

Revenue
DIS FY2019: $59.4BDIS FY2019: $69.6BDIS FY2020: $65.4BDIS FY2021: $67.4BDIS FY2022: $82.7BDIS FY2023: $88.9BDIS FY2024: $91.4BDIS FY2025: $94.4BMTN FY2018: $2BMTN FY2019: $2.3BMTN FY2020: $2BMTN FY2021: $1.9BMTN FY2022: $2.5BMTN FY2023: $2.9BMTN FY2024: $2.9BMTN FY2025: $3BFY18FY19FY20FY21FY22FY23FY24FY25
DIS $94.4BMTN $3B
Net income
DIS FY2019: $12.6BDIS FY2019: $11.1BDIS FY2020: -$2.9BDIS FY2021: $2BDIS FY2022: $3.1BDIS FY2023: $2.4BDIS FY2024: $5BDIS FY2025: $12.4BMTN FY2018: $379.9MMTN FY2019: $301.2MMTN FY2020: $98.8MMTN FY2021: $127.9MMTN FY2022: $347.9MMTN FY2023: $265.8MMTN FY2024: $231.1MMTN FY2025: $280MFY18FY19FY20FY21FY22FY23FY24FY25
DIS $12.4BMTN $280M
Net margin
DIS FY2019: 21.2%DIS FY2019: 15.9%DIS FY2020: -4.4%DIS FY2021: 3.0%DIS FY2022: 3.8%DIS FY2023: 2.6%DIS FY2024: 5.4%DIS FY2025: 13.1%MTN FY2018: 18.9%MTN FY2019: 13.3%MTN FY2020: 5.0%MTN FY2021: 6.7%MTN FY2022: 13.8%MTN FY2023: 9.2%MTN FY2024: 8.0%MTN FY2025: 9.4%FY18FY19FY20FY21FY22FY23FY24FY25
DIS 13.1%MTN 9.4%
Revenue growth
DIS FY2019: +17.1%DIS FY2020: -6.1%DIS FY2021: +3.1%DIS FY2022: +22.7%DIS FY2023: +7.5%DIS FY2024: +2.8%DIS FY2025: +3.4%MTN FY2019: +12.9%MTN FY2020: -13.6%MTN FY2021: -2.7%MTN FY2022: +32.3%MTN FY2023: +14.4%MTN FY2024: -0.1%MTN FY2025: +2.7%FY19FY20FY21FY22FY23FY24FY25
DIS +3.4%MTN +2.7%
Free cash flow
DIS FY2019: $9.8BDIS FY2019: $1.1BDIS FY2020: $3.6BDIS FY2021: $2BDIS FY2022: $1.1BDIS FY2023: $4.9BDIS FY2024: $8.6BDIS FY2025: $10.1BMTN FY2018: $407.9MMTN FY2019: $442.2MMTN FY2020: $222.6MMTN FY2021: $410.2MMTN FY2022: $517.7MMTN FY2023: $322.9MMTN FY2024: $377.8MMTN FY2025: $319.7MFY18FY19FY20FY21FY22FY23FY24FY25
DIS $10.1BMTN $319.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Walt Disney and Vail Resorts

Which is bigger by revenue, Walt Disney or Vail Resorts?

Walt Disney is bigger by revenue: $94.4B in fiscal 2025, against $3B for Vail Resorts in fiscal 2025.

Which keeps more of its revenue as profit, Walt Disney or Vail Resorts?

Walt Disney had a net margin of 13.1% in fiscal 2025; Vail Resorts had 9.4% in fiscal 2025.

Which grew revenue faster, Walt Disney or Vail Resorts?

In their latest fiscal years revenue changed by +3.4% at Walt Disney and +2.7% at Vail Resorts.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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