MTN
Vail Resorts, Inc.
MTN's outlook is improving, though it still trails on the overall score.
NKE
NIKE, Inc.
NKE has the edge over MTN overall, supported by stronger valuation and stronger modeled upside.
MTN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
MTN's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
MTN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $87.81 | -42% |
| Forward | 27x | $151 | — |
| Fair | 31x | $128 | -16% |
| Current | 37x | $151 | — |
| Expensive | 79x | $325 | +115% |
Historical ranges are pointers, not guarantees.
MTN's PE is in its expensive range at 37x. If earnings grow as analysts expect, today's price would be 27x next year's earnings, in its cheap range.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE has the edge over MTN in the historical PE scenario, which offers more potential upside but is not a forecast.
MTN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
MTN has the edge over NKE on the outlook, with more favorable valuation and earnings expectations.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
MTN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.63 | +37% |
| Q3 2026 | $4.12 | -45% |
| Q2 2026 | $4.52 | -42% |
| Q1 2026 | $6.25 | -8.9% |
| Q4 2025 | $6.94 | +15% |
| Q3 2025 | $7.53 | +24% |
| Q2 2025 | $7.86 | +4.8% |
| Q1 2025 | $6.86 | +12% |
| Q4 2024 | $6.06 | +9.4% |
MTN has the edge over NKE on earnings, with more consistent year-over-year improvement.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
MTN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $278.1M | +2.5% |
| Q2 2026 | $1.2B | -7% |
| Q1 2026 | $1.1B | -4.7% |
| Q4 2025 | $271M | +4.1% |
| Q3 2025 | $271.3M | +2.2% |
| Q2 2025 | $1.3B | +1% |
| Q1 2025 | $1.1B | +5.5% |
| Q4 2024 | $260.3M | +0.7% |
MTN has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -75% | 0 points |
| Q2 2026 | 41% | -3.9 points |
| Q1 2026 | 32% | -2 points |
| Q4 2025 | -77% | +0.2 points |
| Q3 2025 | -75% | -0.2 points |
| Q2 2025 | 45% | +2.3 points |
| Q1 2025 | 34% | +1.3 points |
| Q4 2024 | -78% | +2.5 points |
MTN's operating margin was −75% last quarter, about level with the same quarter a year ago.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over MTN on profitability, with a higher operating margin.
MTN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$153M | +$74.5M |
| Q2 2026 | -$28.2M | -133% |
| Q1 2026 | $185M | -26% |
| Q4 2025 | $244.3M | +16% |
| Q3 2025 | -$227.5M | -$77.2M |
| Q2 2025 | $84.5M | -0.6% |
| Q1 2025 | $251.2M | +52% |
| Q4 2024 | $211.4M | -23% |
MTN has the edge over NKE on cash flow, with more consistent year-over-year improvement.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
MTN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +106K shares |
| 1 year | -3.8% | -1.4M shares |
| 3 years | -10% | -4M shares |
| 5 years | -12% | -5M shares |
| Available history | -11% | -4.5M shares |
MTN has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $45M |
| Q4 2025 | — |
| Q3 2025 | $200M |
| Q2 2025 | $30M |
| Q1 2025 | $20M |
| Q4 2024 | $20M |
MTN spent $45M buying back its own shares over the past year, down 83% from the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
MTN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.1x | High |
| Q2 2026 | 3.6x | Elevated |
| Q1 2026 | 3.1x | Elevated |
| Q4 2025 | 3.0x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 3.0x | Elevated |
MTN's net debt is about 4.1 years of its operating earnings (EBITDA), up from 3.1 years a year ago.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE has the edge over MTN on leverage, with a lower net debt burden relative to earnings.
MTN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.3 | Neutral |
| Stochastic | 73.5 | Neutral |
MTN's weekly RSI is 55 (neutral) and its Stochastic is 73 (neutral).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
MTN PE vs Consumer Cyclical Sector
| Metric | MTN | Sector median | Relative |
|---|---|---|---|
| PE | 37x | 18x | 104% above |
| PE % | 69 | 47 | 22 pts above |
MTN is trading at 37x earnings, a 104% premium to the Consumer Cyclical sector's median of 18x.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE has the edge over MTN on valuation relative to its sector.
MTN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $147.8 | 2.3% above |
| 20 week MA | $146.2 | 3.4% above |
| 50 week MA | $139.7 | 8.2% above |
| 100 week MA | $148.0 | 2.2% above |
| 200 week MA | $181.3 | 17% below |
MTN has the edge over NKE on trend strength, trading above more of its moving averages.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
MTN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $242.3 | $275.2 | +14% |
| 2021 | $275.2 | $332.2 | +21% |
| 2022 | $332.2 | $241.1 | -27% |
| 2023 | $241.1 | $213.5 | -11% |
| 2024 | $213.5 | $190.5 | -11% |
| 2025 | $190.5 | $140.3 | -26% |
| 2026 YTD | $140.3 | $151.2 | +7.8% |
MTN has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.