PK Q3 2021 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q3 2021 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$423M+331.6% YoY

Gross Profit

$95M22.5% margin

Operating Income

-$14M-3.3% margin

Net Income

-$86M-20.3% margin

EPS (Diluted)

$-0.36

QoQ Revenue Growth

+31.0%

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

$51M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$5.3B

Stockholders' Equity

$4.5B

Cash & Equivalents

$772M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$423M	$98M	+331.6%
Gross Profit	$95M	-$100M	+195.0%
Operating Income	-$14M	-$206M	+93.2%
Net Income	-$86M	-$276M	+68.8%

Revenue Segments

Occupancy

$274M65%

Food And Beverage

$76M18%

Ancillary Hotel

$58M14%

Hotel Other

$15M4%