PK Q1 2022 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q1 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$479M+190.3% YoY

Gross Profit

$102M21.3% margin

Operating Income

$1M0.2% margin

Net Income

-$57M-11.9% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$5.4B

Stockholders' Equity

$4.3B

Cash & Equivalents

$639M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$479M	$165M	+190.3%
Gross Profit	$102M	-$24M	+525.0%
Operating Income	$1M	-$123M	+100.8%
Net Income	-$57M	-$190M	+70.0%

Revenue Segments

Occupancy

$292M61%

Food and Beverage

$110M23%

Ancillary Hotel

$61M13%

Hotel, Other

$16M3%