PK Q3 2022 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q3 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$662M+56.5% YoY

Gross Profit

$182M27.5% margin

Operating Income

$92M13.9% margin

Net Income

$35M5.3% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-4.7%

Cash Flow

Operating Cash Flow

$148M

Free Cash Flow

$96M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$5.5B

Stockholders' Equity

$4.4B

Cash & Equivalents

$971M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$662M	$423M	+56.5%
Gross Profit	$182M	$95M	+91.6%
Operating Income	$92M	-$14M	+757.1%
Net Income	$35M	-$86M	+140.7%

Revenue Segments

Occupancy

$428M65%

Food and Beverage

$148M22%

Ancillary Hotel

$67M10%

Hotel, Other

$19M3%