PK Financials Park Hotels & Resorts Inc.

11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 41 d ago Overview →

Growth & profitability

Revenue has grown 24.4% per year over the past 5 years.
Operating margin has expanded, at -1.3% in the latest year.

Financial health

Total debt ($3.9B) exceeds cash ($232M); net debt is $3.6B.
Total debt has grown slower than revenue (-5.6% vs 24.4% per year).
Operating income covered interest expense -0.2× in the latest year, up from -5.6× 5 years ago.
Total debt is 13× EBITDA.

Shareholder returns

Dividends have been paid for 4 consecutive years, consuming 274.5% of free cash flow.
The dividend has grown 3.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.5B	-$283M	0.0%	-1.3%	-9.0%	-3.7%	$102M	$3.9B	$232M
2024	$2.6B	$212M	0.0%	15.0%	5.8%	2.3%	$202M	$3.9B	$402M
2023	$2.7B	$97M	0.0%	12.7%	2.5%	1.0%	$218M	$3.8B	$717M
2022	$2.5B	$162M	0.0%	11.8%	3.7%	1.7%	$241M	$4.6B	$906M
2021	$1.4B	-$459M	0.0%	-13.1%	-10.3%	-4.7%	-$191M	$4.7B	$688M
2020	$852M	-$1.4B	0.0%	-141.1%	-29.4%	-13.6%	-$524M	$5.2B	$951M
2019	$2.8B	$306M	0.0%	15.0%	4.7%	2.7%	$259M	$3.9B	$346M
2018	$2.7B	$472M	0.0%	18.4%	8.4%	5.0%	$266M	$3.0B	$410M
2017	$2.8B	$2.6B	0.0%	13.3%	43.7%	27.0%	$468M	$3.0B	$364M
2016	$2.7B	$133M	0.0%	15.4%	3.4%	1.4%	$172M	—	$337M
2015	—	$292M	—	—	10.4%	—	—	—	$72M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$680M	$47M	0.0%	14.0%	1.5%	0.6%	$77M	$3.9B	$264M
Mar '26	$622M	$11M	0.0%	10.0%	0.4%	0.1%	-$24M	$3.9B	$156M
Dec '25	$629M	-$205M	0.0%	-26.1%	-6.5%	-2.7%	-$3M	$3.9B	$232M
Sep '25	$610M	-$16M	0.0%	9.7%	-0.5%	-0.2%	$31M	$3.9B	$278M
Jun '25	$672M	-$5M	0.0%	9.7%	-0.1%	-0.1%	$65M	$3.9B	$319M
Mar '25	$630M	-$57M	0.0%	1.1%	-1.6%	-0.6%	$9M	$3.9B	$233M
Dec '24	$625M	$66M	0.0%	13.3%	1.8%	0.7%	$17M	$3.9B	$402M
Sep '24	$649M	$54M	0.0%	14.6%	1.4%	0.6%	$97M	$3.9B	$480M
Jun '24	$686M	$64M	0.0%	17.6%	1.7%	0.7%	$66M	$3.9B	$449M
Mar '24	$639M	$28M	0.0%	14.4%	0.7%	0.3%	$22M	$3.8B	$378M
Dec '23	$657M	$187M	0.0%	42.0%	4.9%	2.0%	$36M	$3.8B	$717M
Sep '23	$679M	$27M	0.0%	12.5%	0.7%	0.3%	$56M	$4.5B	$726M
Jun '23	$714M	-$150M	0.0%	-13.7%	-3.7%	-1.6%	$76M	—	$797M
Mar '23	$648M	$33M	0.0%	12.3%	0.8%	0.3%	$50M	$4.6B	$842M
Dec '22	$665M	$34M	0.0%	12.6%	0.8%	0.3%	$6M	$4.6B	$906M
Sep '22	$662M	$35M	0.0%	13.9%	0.8%	0.4%	$96M	$4.7B	$971M
Jun '22	$695M	$150M	0.0%	17.1%	3.5%	1.5%	$116M	$4.5B	$758M
Mar '22	$479M	-$57M	0.0%	0.2%	-1.3%	-0.6%	$23M	$4.7B	$639M
Dec '21	$451M	-$67M	0.0%	0.4%	-1.5%	-0.7%	-$68M	$4.7B	$688M
Sep '21	$423M	-$86M	0.0%	-3.3%	-1.9%	-0.9%	$51M	$4.7B	$772M

Valuation over time

How the market has priced PK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 15.4× (Mar '23) to 10.3× (Nov '25).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 1.2× (Sep '26).
The dividend yield has risen from 0.3% (Mar '23) to 9.2% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is PK growing its revenue and profit?

Over the past 5 years, Park Hotels & Resorts Inc.'s revenue has grown 24.4% per year. These are computed facts, not advice.

How much debt does PK have?

As of FY2025, Park Hotels & Resorts Inc. reported $3.9B of total debt against $232M of cash; operating income covered interest expense -0.2×.

What is PK's profit margin?

In FY2025, gross margin was —, operating margin -1.3%, and net margin -11.1%.

What is PK's P/E ratio?

As of Sep '26, Park Hotels & Resorts Inc. traded at a price-to-earnings ratio of about 10.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.