PK Q2 2022 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q2 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$695M+115.2% YoY

Gross Profit

$223M32.1% margin

Operating Income

$119M17.1% margin

Net Income

$150M21.6% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+45.1%

Cash Flow

Operating Cash Flow

$147M

Free Cash Flow

$116M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$5.4B

Stockholders' Equity

$4.3B

Cash & Equivalents

$758M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$695M	$323M	+115.2%
Gross Profit	$223M	$55M	+305.5%
Operating Income	$119M	-$44M	+370.5%
Net Income	$150M	-$116M	+229.3%

Revenue Segments

Occupancy

$433M62%

Food and Beverage

$173M25%

Ancillary Hotel

$70M10%

Hotel, Other

$19M3%