Park Hotels & Resorts Inc. (PK)
NYSE: PK · Real-Time Price · USD
15.95
+0.57 (3.71%)
Dec 3, 2024, 2:04 PM EST - Market open
Park Hotels & Resorts Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Rental Revenue | 1,590 | 1,653 | 1,559 | 870 | 526 | 1,764 | Upgrade
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| Other Revenue | 1,072 | 1,056 | 957 | 485 | 304 | 1,066 | Upgrade
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| Total Revenue | 2,662 | 2,709 | 2,516 | 1,355 | 830 | 2,830 | Upgrade
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| Revenue Growth (YoY | -2.28% | 7.67% | 85.68% | 63.25% | -70.67% | 3.66% | Upgrade
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| Property Expenses | 1,815 | 1,905 | 1,763 | 1,109 | 998 | 1,928 | Upgrade
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| Selling, General & Administrative | 114 | 112 | 108 | 88 | 78 | 115 | Upgrade
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| Depreciation & Amortization | 286 | 287 | 269 | 281 | 298 | 264 | Upgrade
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| Other Operating Expenses | 84 | 83 | 72 | 49 | 36 | 78 | Upgrade
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| Total Operating Expenses | 2,299 | 2,387 | 2,212 | 1,527 | 1,410 | 2,385 | Upgrade
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| Operating Income | 363 | 322 | 304 | -172 | -580 | 445 | Upgrade
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| Interest Expense | -275 | -252 | -247 | -258 | -213 | -140 | Upgrade
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| Interest & Investment Income | 25 | 38 | 13 | 1 | 2 | 6 | Upgrade
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| Other Non-Operating Income | - | -3 | 4 | -7 | -15 | -11 | Upgrade
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| EBT Excluding Unusual Items | 113 | 105 | 74 | -436 | -806 | 300 | Upgrade
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| Merger & Restructuring Charges | - | - | - | - | -10 | -70 | Upgrade
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| Impairment of Goodwill | - | - | - | - | -607 | - | Upgrade
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| Gain (Loss) on Sale of Investments | - | 3 | 92 | - | - | 44 | Upgrade
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| Gain (Loss) on Sale of Assets | - | 15 | 13 | -5 | 62 | 31 | Upgrade
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| Total Insurance Settlements | - | - | - | - | 1 | 55 | Upgrade
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| Asset Writedown | 253 | 19 | -1 | -5 | -90 | - | Upgrade
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| Other Unusual Items | -1 | 2 | -5 | -4 | - | -9 | Upgrade
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| Pretax Income | 365 | 144 | 173 | -450 | -1,450 | 351 | Upgrade
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| Income Tax Expense | 24 | 38 | - | 2 | -6 | 35 | Upgrade
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| Earnings From Continuing Operations | 341 | 106 | 173 | -452 | -1,444 | 316 | Upgrade
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| Minority Interest in Earnings | -8 | -9 | -11 | -7 | 4 | -10 | Upgrade
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| Net Income | 333 | 97 | 162 | -459 | -1,440 | 306 | Upgrade
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| Preferred Dividends & Other Adjustments | 2 | 2 | - | - | - | 1 | Upgrade
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| Net Income to Common | 331 | 95 | 162 | -459 | -1,440 | 305 | Upgrade
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| Net Income Growth | - | -40.12% | - | - | - | -35.17% | Upgrade
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| Basic Shares Outstanding | 208 | 214 | 228 | 236 | 236 | 212 | Upgrade
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| Diluted Shares Outstanding | 211 | 215 | 228 | 236 | 236 | 213 | Upgrade
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| Shares Change (YoY) | -3.55% | -5.70% | -3.39% | - | 10.80% | 4.41% | Upgrade
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| EPS (Basic) | 1.59 | 0.44 | 0.71 | -1.94 | -6.10 | 1.44 | Upgrade
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| EPS (Diluted) | 1.57 | 0.44 | 0.71 | -1.95 | -6.11 | 1.44 | Upgrade
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| EPS Growth | - | -38.03% | - | - | - | -37.72% | Upgrade
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| Dividend Per Share | 1.680 | 1.380 | 0.280 | - | 0.450 | 1.900 | Upgrade
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| Dividend Growth | 140.00% | 392.86% | - | - | -76.32% | -4.52% | Upgrade
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| Operating Margin | 13.64% | 11.89% | 12.08% | -12.69% | -69.88% | 15.72% | Upgrade
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| Profit Margin | 12.43% | 3.51% | 6.44% | -33.87% | -173.49% | 10.78% | Upgrade
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| Free Cash Flow Margin | 17.84% | 18.57% | 16.26% | -10.11% | -52.77% | 17.63% | Upgrade
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| EBITDA | 649 | 609 | 573 | 109 | -282 | 709 | Upgrade
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| EBITDA Margin | 24.38% | 22.48% | 22.77% | 8.04% | -33.98% | 25.05% | Upgrade
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| D&A For Ebitda | 286 | 287 | 269 | 281 | 298 | 264 | Upgrade
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| EBIT | 363 | 322 | 304 | -172 | -580 | 445 | Upgrade
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| EBIT Margin | 13.64% | 11.89% | 12.08% | -12.69% | -69.88% | 15.72% | Upgrade
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| Funds From Operations (FFO) | 347 | 346 | 319 | - | - | - | Upgrade
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| FFO Per Share | 1.65 | 1.61 | 1.40 | - | - | - | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 439 | 352 | - | - | - | Upgrade
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| AFFO Per Share | - | 2.04 | 1.54 | - | - | - | Upgrade
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| FFO Payout Ratio | 141.50% | 43.93% | 2.19% | - | - | - | Upgrade
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| Effective Tax Rate | 6.58% | 26.39% | - | - | - | 9.97% | Upgrade
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| Revenue as Reported | 2,631 | 2,698 | 2,501 | 1,362 | 852 | 2,844 | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.