YOLFTbeta
Park Hotels & Resorts Inc

Park Hotels & Resorts Inc

PK · NYSE · Real Estate / REIT - Hotel & Motel

16.17USD-0.08 (-0.49%)

Price History

Full chart

Market Stats

Previous Close16.25
Open16.24
Day Range16.05 – 16.50
52-Week Range9.22 – 16.20
Volume2.45M
Market Cap3.11B
P/E (TTM)0.00
Forward P/E28.17
EPS-0.83
Dividend Yield6.48%
Beta1.33
50-Day Avg15.17
200-Day Avg12.58

About

Park Hotels & Resorts inc. is one of the largest publicly traded lodging real estate investment trusts. With a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value, Park's portfolio currently consists of 30 premium branded hotels and resorts with approximately 21,000 rooms primarily located in prime city center and resort locations. Park Hotels & Resorts Inc. was incorporated in 1946 in Delaware and is based in Tyson, Virginia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Hotel & Motel
  • CEOMr. Thomas Jeremiah Baltimore Jr.
  • Employees90
  • Headquarters1775 Tysons Boulevard, Tysons, VA, United States, 22102-4285, USA
  • Websitehttps://www.pkhotelsandresorts.com

Leadership

  • Mr. Thomas Jeremiah Baltimore Jr.Chairman, President & CEO · b. 1963
  • Mr. Sean M. Dell'OrtoCOO, Executive VP, CFO & Treasurer · b. 1975

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.33B2.51B2.69B2.73B2.79B2.74B2.84B852.00M1.36B2.50B2.70B2.60B2.54B
Growth (%)-+7.72%+6.96%+1.45%+2.35%-1.93%+3.91%-70.04%+59.86%+83.63%+7.88%-3.67%-2.23%
Cost of Revenue1.65B1.76B1.86B1.91B1.98B1.92B1.98B1.01B1.14B1.81B1.95B1.85B2.49B
Gross Profit679.00M755.00M826.00M818.00M815.00M822.00M863.00M-161.00M227.00M693.00M746.00M745.00M50.00M
Gross Margin29.10%30.04%30.73%30.00%29.20%30.03%30.34%-18.90%16.67%27.71%27.65%28.66%1.97%
Operating Expense349.00M315.00M240.00M399.00M444.00M318.00M437.00M1.04B406.00M397.00M403.00M354.00M-176.00M
Operating Income330.00M440.00M586.00M419.00M371.00M504.00M426.00M-1.20B-179.00M296.00M343.00M391.00M226.00M
Operating Margin14.14%17.51%21.80%15.36%13.29%18.41%14.98%-141.08%-13.14%11.84%12.71%15.04%8.89%
EBITDA589.00M704.00M778.00M753.00M724.00M677.00M755.00M-939.00M89.00M689.00M683.00M696.00M333.00M
EBITDA Margin25.25%28.01%28.94%27.61%25.94%24.74%26.55%-110.21%6.53%27.55%25.32%26.78%13.11%
Net Income144.00M176.00M292.00M133.00M2.63B472.00M306.00M-1.44B-459.00M162.00M97.00M212.00M-283.00M
Net Income Margin6.17%7.00%10.86%4.88%94.05%17.25%10.76%-169.01%-33.70%6.48%3.60%8.16%-11.14%
R&D---0.080.10.180.121.70.330.070.05--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense162.00M174.00M186.00M181.00M124.00M127.00M140.00M213.00M258.00M247.00M252.00M274.00M267.00M
Interest Expense % of Total Revenue6.94%6.92%6.92%6.64%4.44%4.64%4.92%25.00%18.94%9.88%9.34%10.54%10.51%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-9.71B9.79B9.83B9.71B9.36B11.29B10.59B9.74B9.73B9.42B9.16B7.70B
Total Liabilities-7.12B6.99B6.01B3.75B3.78B4.84B5.74B5.34B5.44B5.65B5.57B4.62B
Total Equity-2.62B2.80B3.82B5.96B5.59B6.45B4.84B4.45B4.34B3.81B3.65B3.13B
Cash-42.00M72.00M293.00M364.00M410.00M346.00M951.00M688.00M906.00M717.00M402.00M232.00M
Total Debt-4.25B4.10B3.07B2.96B2.95B4.54B5.72B4.98B4.85B4.71B4.79B4.26B
Net Debt-4.20B3.98B2.72B2.60B2.54B3.79B4.41B4.29B3.94B4.00B4.39B4.03B

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow440.00M516.00M519.00M399.00M653.00M444.00M499.00M-438.00M-137.00M409.00M503.00M429.00M398.00M
Investing Cash Flow-200.00M-120.00M230.00M-210.00M-165.00M419.00M-635.00M119.00M394.00M87.00M-217.00M-166.00M-209.00M
Financing Cash Flow-215.00M-401.00M-715.00M30.00M-459.00M-816.00M97.00M914.00M-475.00M-320.00M-475.00M-573.00M-365.00M
Capital Expenditure184.00M171.00M226.00M227.00M185.00M188.00M240.00M86.00M54.00M168.00M285.00M227.00M296.00M
Free Cash Flow256.00M345.00M293.00M172.00M468.00M256.00M259.00M-524.00M-191.00M241.00M218.00M202.00M102.00M
Dividends Paid103.00M351.00M81.00M180.00M386.00M464.00M494.00M241.00M241.00M7.00M152.00M512.00M280.00M
FCF to OCF58.18%66.86%56.45%43.11%71.67%57.66%51.90%119.63%139.42%58.92%43.34%47.09%25.63%
Dividend Paid to FCF40.23%101.74%27.65%104.65%82.48%181.25%190.73%-45.99%-126.18%2.90%69.72%253.47%274.51%

Earnings

Report DateNov 15, 2016Mar 1, 2017May 3, 2017Aug 2, 2017Nov 2, 2017Mar 1, 2018May 3, 2018Aug 1, 2018Nov 1, 2018Feb 27, 2019May 6, 2019Jul 31, 2019Nov 6, 2019Feb 26, 2020May 11, 2020Aug 5, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 3, 2021Feb 17, 2022May 2, 2022Aug 3, 2022Nov 2, 2022Feb 22, 2023May 1, 2023Aug 2, 2023Nov 1, 2023Jan 22, 2024Apr 30, 2024Jul 31, 2024Oct 29, 2024Feb 19, 2025Apr 28, 2025Jul 31, 2025Oct 30, 2025Feb 19, 2026Apr 30, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate-0.380.230.540.290.200.250.440.250.310.300.520.390.330.09-0.96-0.82-0.90-0.81-0.57-0.30-0.23-0.280.190.130.090.060.280.100.160.230.270.120.050.110.250.040.060.080.570.34
EPS Actual0.290.070.310.590.480.280.711.070.260.270.480.400.310.280.03-1.11-1.02-0.92-0.82-0.48-0.28-0.26-0.240.280.120.150.150.270.130.890.120.320.100.230.01-0.09-0.150.100.110.70-
Surprise--81.58%34.78%9.26%65.52%40.00%184.00%143.18%4.00%-12.90%60.00%-23.08%-20.51%-15.15%-66.67%-15.63%-24.39%-2.22%-1.23%15.79%6.67%-13.04%14.29%47.37%-7.69%66.67%150.00%-3.57%30.00%456.25%-47.83%18.52%-16.67%360.00%-86.36%-136.00%-475.00%67.84%37.50%22.81%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.11B
Enterprise Value6.87B
Trailing P/E0.00
Forward P/E28.17
PEG Ratio0.64
Price / Sales1.22
Price / Book0.98
EPS-0.83
Book Value15.35
Revenue (TTM)2.54B
Gross Profit (TTM)787.00M
EBITDA639.00M
Profit Margin-6.41%
Operating Margin17.62%
Return on Equity-4.86%
Return on Assets2.75%
Shares Outstanding201.34M
Shares Float192.48M
Beta1.33
Dividend Yield6.48%
Dividend Rate1.00
Payout Ratio132.45%

Analyst Ratings

Hold
Based on 16 analystsTarget 15.88
  • Strong Buy
    4
  • Hold
    11
  • Sell
    1

Ownership Breakdown

Institutions
114.17%
Insiders
4.30%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    25.66M12.74%
  • Vanguard Portfolio Management, LLC
    16.03M7.96%
  • Donald Smith & Co Inc
    14.53M7.22%
  • Bank of America Corp
    10.62M5.27%
  • State Street Corp
    9.98M4.96%
  • Vanguard Capital Management, LLC
    8.42M4.18%
  • Allianz Asset Management AG
    6.70M3.33%
  • UBS Group AG
    5.70M2.83%
  • AQR Capital Management LLC
    5.15M2.56%
  • Charles Schwab Investment Management Inc
    4.82M2.39%
  • Geode Capital Management, LLC
    4.03M2.00%
  • JPMorgan Chase & Co
    3.88M1.93%
  • OZ Management LLC
    3.25M1.61%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    7.38M3.67%
  • iShares Core S&P Mid-Cap ETF
    7.05M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.11M3.03%
  • Vanguard Selected Value Inv
    5.48M2.72%
  • iShares Russell 2000 ETF
    4.86M2.41%
  • Vanguard Small Cap Index
    4.40M2.18%
  • PIMCO RAE US Small Instl
    4.21M2.09%

Dividends

20263×
0.25Sep 30, 20260.25Jun 30, 20260.25Mar 31, 2026
20254×
0.25Dec 31, 20250.25Sep 30, 20250.25Jun 30, 20250.25Mar 31, 2025
20244×
0.65Dec 31, 20240.25Sep 30, 20240.25Jun 28, 20240.25Mar 27, 2024
20234×
1.70Dec 28, 20230.15Sep 28, 20230.15Jun 29, 20230.15Mar 30, 2023
20224×
0.25Dec 29, 20220.01Sep 29, 20220.01Jun 29, 20220.01Mar 30, 2022
20201×
0.45Mar 30, 2020
20194×
0.55Dec 30, 20190.45Sep 27, 20190.45Jun 27, 20190.45Mar 28, 2019