PKPark Hotels & Resorts Inc.

$2B

Q4 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$686M+0.0% YoY

Gross Profit

$205M29.9% margin

Operating Income

$97M14.1% margin

Net Income

$54M7.9% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$149M

Free Cash Flow

$94M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$3.8B

Stockholders' Equity

$5.6B

Cash & Equivalents

$410M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$686M	$686M	+0.0%
Gross Profit	$205M	$235M	-12.8%
Operating Income	$97M	$65M	+49.2%
Net Income	$54M	$59M	-8.5%

Revenue Segments

Occupancy

$418M61%

Food And Beverage

$181M26%

Ancillary Hotel

$68M10%

Hotel Other

$19M3%

PK Q4 2018 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena