PK Q4 2022 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q4 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$665M+47.5% YoY

Gross Profit

$186M28.0% margin

Operating Income

$84M12.6% margin

Net Income

$34M5.1% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$6M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$5.4B

Stockholders' Equity

$4.3B

Cash & Equivalents

$906M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$665M	$451M	+47.5%
Gross Profit	$186M	$101M	+84.2%
Operating Income	$84M	$2M	+4100.0%
Net Income	$34M	-$67M	+150.7%

Revenue Segments

Occupancy

$406M61%

Food and Beverage

$175M26%

Ancillary Hotel

$63M9%

Hotel, Other

$21M3%