PK Q4 2021 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q4 2021 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$451M+299.1% YoY

Gross Profit

$101M22.4% margin

Operating Income

$2M0.4% margin

Net Income

-$67M-14.9% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

-$42M

Free Cash Flow

-$68M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$5.3B

Stockholders' Equity

$4.5B

Cash & Equivalents

$688M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$451M	$113M	+299.1%
Gross Profit	$101M	-$60M	+268.3%
Operating Income	$2M	-$159M	+101.3%
Net Income	-$67M	-$217M	+69.1%

Revenue Segments

Occupancy

$283M63%

Food and Beverage

$99M22%

Ancillary Hotel

$53M12%

Hotel, Other

$16M4%