PK FY 2023 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

FY 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$2.7B+7.9% YoY

Gross Profit

$746M27.7% margin

Operating Income

$343M12.7% margin

Net Income

$97M3.6% margin

EPS (Diluted)

$0.44

Cash Flow

Operating Cash Flow

$503M

Free Cash Flow

$218M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$5.7B

Stockholders' Equity

$3.8B

Cash & Equivalents

$717M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+7.9%
Gross Profit	$746M	$693M	+7.6%
Operating Income	$343M	$296M	+15.9%
Net Income	$97M	$162M	-40.1%