Park Hotels & Resorts Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	1,505	1,569	1,653	1,559	870
Other Revenue	1,040	1,042	1,056	957	485
Total Revenue	2,545	2,611	2,709	2,516	1,355
Revenue Growth (YoY	-2.53%	-3.62%	7.67%	85.68%	63.25%
Property Expenses	1,778	1,809	1,905	1,763	1,109
Selling, General & Administrative	113	114	112	108	88
Depreciation & Amortization	336	257	287	269	281
Other Operating Expenses	88	82	83	72	49
Total Operating Expenses	2,315	2,262	2,387	2,212	1,527
Operating Income	230	349	322	304	-172
Interest Expense	-267	-274	-252	-247	-258
Interest & Investment Income	10	21	38	13	1
Other Non-Operating Income	-	-	-	96	-7
EBT Excluding Unusual Items	-27	96	108	166	-436
Gain (Loss) on Sale of Investments	16	19	-	-	-
Gain (Loss) on Sale of Assets	2	8	15	13	-5
Asset Writedown	-260	48	19	-6	-5
Other Unusual Items	-1	-6	2	-	-4
Pretax Income	-270	165	144	173	-450
Income Tax Expense	7	-61	38	-	2
Earnings From Continuing Operations	-277	226	106	173	-452
Minority Interest in Earnings	-6	-14	-9	-11	-7
Net Income	-283	212	97	162	-459
Preferred Dividends & Other Adjustments	-	1	2	-	-
Net Income to Common	-283	211	95	162	-459
Net Income Growth	-	118.56%	-40.12%	-	-
Basic Shares Outstanding	199	207	214	228	236
Diluted Shares Outstanding	199	209	215	228	236
Shares Change (YoY)	-4.78%	-2.79%	-5.70%	-3.39%	-
EPS (Basic)	-1.42	1.02	0.44	0.71	-1.94
EPS (Diluted)	-1.43	1.01	0.44	0.71	-1.95
EPS Growth	-	129.54%	-38.03%	-	-
Dividend Per Share	1.000	1.400	1.380	0.280	-
Dividend Growth	-28.57%	1.45%	392.86%	-	-
Operating Margin	9.04%	13.37%	11.89%	12.08%	-12.69%
Profit Margin	-11.12%	8.08%	3.51%	6.44%	-33.88%
EBITDA	566	606	609	573	109
EBITDA Margin	22.24%	23.21%	22.48%	22.77%	8.04%
D&A For Ebitda	336	257	287	269	281
EBIT	230	349	322	304	-172
EBIT Margin	9.04%	13.37%	11.89%	12.08%	-12.69%
Funds From Operations (FFO)	295	399	-	319	-
FFO Per Share	1.47	1.91	-	1.40	-
Adjusted Funds From Operations (AFFO)	394	430	-	352	-
AFFO Per Share	1.97	2.06	-	1.54	-
FFO Payout Ratio	94.92%	128.32%	-	2.19%	-
Effective Tax Rate	-	-	26.39%	-	-
Revenue as Reported	2,541	2,599	2,698	2,501	1,362

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.