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Vail Resorts vs Rush Street Interactive: revenue, profit, margins and growth compared

Vail Resorts brought in $3B of revenue in fiscal 2025, Rush Street Interactive $1.1B in fiscal 2025. Revenue changed by +2.7% at Vail Resorts and +22.8% at Rush Street Interactive on the year before, so Rush Street Interactive grew faster. Vail Resorts kept 9.4% of its revenue as net profit, Rush Street Interactive 2.9%. Free cash flow was $319.7M at Vail Resorts and $164.2M at Rush Street Interactive.

Side by side, latest fiscal year

MTNRSI
Fiscal year endedFY2025 (July 31, 2025)FY2025 (December 31, 2025)
Revenue$3B$1.1B
Revenue growth+2.7%+22.8%
Net income$280M$33.3M
Net margin9.4%2.9%
Free cash flow$319.7M$164.2M
Free cash flow margin10.8%14.5%
Earnings per share (diluted)$7.53$0.31
Cash$440.3M$336.3M
Debt$3.2Bn/a
Price to earnings18.164.1
Market value$4.9B$4.6B
Dividend yield6.52%n/a
Rank by revenue in sector#286 of 778 · Consumer discretionary#444 of 778 · Consumer discretionary

Over the years

Revenue
MTN FY2018: $2BMTN FY2019: $2.3BMTN FY2020: $2BMTN FY2021: $1.9BMTN FY2022: $2.5BMTN FY2023: $2.9BMTN FY2024: $2.9BMTN FY2025: $3BRSI FY2020: $63.7MRSI FY2020: $278.5MRSI FY2021: $488.1MRSI FY2022: $592.2MRSI FY2023: $691.2MRSI FY2024: $924.1MRSI FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
MTN $3BRSI $1.1B
Net income
MTN FY2018: $379.9MMTN FY2019: $301.2MMTN FY2020: $98.8MMTN FY2021: $127.9MMTN FY2022: $347.9MMTN FY2023: $265.8MMTN FY2024: $231.1MMTN FY2025: $280MRSI FY2020: -$22.5MRSI FY2020: $1.1MRSI FY2021: -$19.5MRSI FY2022: -$38.6MRSI FY2023: -$18.3MRSI FY2024: $2.4MRSI FY2025: $33.3MFY18FY19FY20FY21FY22FY23FY24FY25
MTN $280MRSI $33.3M
Net margin
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%RSI FY2020: -35.3%RSI FY2020: 0.4%RSI FY2021: -4.0%RSI FY2022: -6.5%RSI FY2023: -2.6%RSI FY2024: 0.3%RSI FY2025: 2.9%FY18FY19FY20FY21FY22FY23FY24FY25
MTN 9.4%RSI 2.9%
Revenue growth
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%RSI FY2020: +337.4%RSI FY2021: +75.3%RSI FY2022: +21.3%RSI FY2023: +16.7%RSI FY2024: +33.7%RSI FY2025: +22.8%FY19FY20FY21FY22FY23FY24FY25
MTN +2.7%RSI +22.8%
Free cash flow
MTN FY2018: $407.9MMTN FY2019: $442.2MMTN FY2020: $222.6MMTN FY2021: $410.2MMTN FY2022: $517.7MMTN FY2023: $322.9MMTN FY2024: $377.8MMTN FY2025: $319.7MRSI FY2020: -$2.9MRSI FY2020: $14.3MRSI FY2021: -$52MRSI FY2022: -$64.5MRSI FY2023: -$7.2MRSI FY2024: $105.5MRSI FY2025: $164.2MFY18FY19FY20FY21FY22FY23FY24FY25
MTN $319.7MRSI $164.2M

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

Questions about Vail Resorts and Rush Street Interactive

Which is bigger by revenue, Vail Resorts or Rush Street Interactive?

Vail Resorts is bigger by revenue: $3B in fiscal 2025, against $1.1B for Rush Street Interactive in fiscal 2025.

Which keeps more of its revenue as profit, Vail Resorts or Rush Street Interactive?

Vail Resorts had a net margin of 9.4% in fiscal 2025; Rush Street Interactive had 2.9% in fiscal 2025.

Which grew revenue faster, Vail Resorts or Rush Street Interactive?

In their latest fiscal years revenue changed by +2.7% at Vail Resorts and +22.8% at Rush Street Interactive.

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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