PKNYSEHotels & MotelsFiscal year ends December 31
Park Hotels & Resorts Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$16.11+0.20 (+1.26%)
Close on Oct 19, 2026
- Market cap
- $3.22B
- P/E (TTM)
- –
- Dividend yield
- 6.21%
Margins
Share of revenue, fiscal years 2014 to 2025
Operating margin
-1.3%+139.8 pts over 5 years
Net margin
-11.1%+157.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.2% | +0.5% | +24.4% | -0.6% | |
| Free cash flow | -49.5% | -24.9% | – | -10.0% | |
| Dividend per share | -28.6% | +52.9% | +17.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.0% | -25.3% | -8.4% | |
| Return on assets | – | -13.2% | -3.4% | |
| Interest coverage | 2.3× | -5.6× | -0.2× | |
| Capex to revenue | 8.3% | 10.1% | 11.6% | |
| Diluted shares | 198M | 236M | 199M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Park Hotels & Resorts generated $1.88B from operations and spent $2.55B on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$1.88B
Used
$2.55B
Capital expenditure$1.03B40%Dividends$951.00M37%Share buybacks$568.00M22%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-11.1%
×Asset turnover0.30×
×Equity multiplier2.49×
=Return on equity, FY2025-8.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -11.1% | 0.30× | 2.49× | -8.4% |
| FY2024 | 8.2% | 0.28× | 2.49× | 5.7% |
| FY2023 | 3.6% | 0.28× | 2.35× | 2.4% |
| FY2022 | 6.5% | 0.26× | 2.22× | 3.7% |
| FY2021 | -33.7% | 0.13× | 2.18× | -9.8% |
| FY2020 | -169.0% | 0.08× | 1.92× | -25.3% |
| FY2019 | 10.8% | 0.28× | 1.70× | 5.0% |
| FY2018 | 17.2% | 0.29× | 1.64× | 8.1% |
| FY2017 | 94.1% | 0.29× | 1.98× | 53.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$283.00M
- Cash generatingOperating cash flow above zero$398.00M
- Return on assets improvedROA up on the prior year2.3% → -3.1%
- Earnings backed by cashOperating cash flow above net income$398.00M vs -$283.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise209M → 199M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.28 → 0.28