PK Q2 2021 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q2 2021 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$323M+669.0% YoY

Gross Profit

$55M17.0% margin

Operating Income

-$44M-13.6% margin

Net Income

-$116M-35.9% margin

EPS (Diluted)

$-0.49

QoQ Revenue Growth

+95.8%

Cash Flow

Operating Cash Flow

-$90M

Free Cash Flow

-$98M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$5.7B

Stockholders' Equity

$4.6B

Cash & Equivalents

$909M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$323M	$42M	+669.0%
Gross Profit	$55M	-$108M	+150.9%
Operating Income	-$44M	-$200M	+78.0%
Net Income	-$116M	-$259M	+55.2%

Revenue Segments

Occupancy

$207M64%

Food And Beverage

$54M17%

Ancillary Hotel

$50M15%

Hotel Other

$12M4%