Park Hotels & Resorts Inc. income statement
In fiscal 2025, Park Hotels & Resorts Inc. reported revenue of $2.54bn, down 2.2% on the year before, operating income of −$33.0m (a -1.3% margin) and net income of −$283m, or −$1.43 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,688 | 2,727 | 2,791 | 2,737 | 2,844 | 852 | 1,362 | 2,501 | 2,698 | 2,599 | 2,541 | 2,541 |
| General and administrative | 83 | 71 | 68 | 65 | 62 | 63 | 62 | 63 | 65 | 69 | 72 | 73 |
| Operating income | 586 | 419 | 371 | 504 | 426 | −1,202 | −179 | 296 | 343 | 391 | −33 | 52 |
| Interest expense | 186 | 181 | 124 | 127 | 140 | 213 | 228 | 217 | 207 | 214 | 209 | 207 |
| Income before tax | 417 | 221 | 285 | 500 | 351 | −1,450 | −450 | 173 | 144 | 165 | −270 | −145 |
| Income tax | 118 | 82 | −2,346 | 23 | 35 | −6 | 2 | 0 | 38 | −61 | 7 | 11 |
| Net income | 292 | 133 | 2,625 | 472 | 306 | −1,440 | −459 | 162 | 97 | 212 | −283 | −163 |
| Diluted EPS | $1.48 | $0.67 | $12.21 | $2.31 | $1.44 | −$6.11 | −$1.95 | $0.71 | $0.44 | $1.01 | −$1.43 | −$0.82 |
| Diluted shares (average) | 198m | 198m | 214m | 204m | 213m | 236m | 236m | 228m | 215m | 209m | 199m | 199m |
| EBITDA | 873 | 719 | 659 | 781 | 690 | −904 | 102 | 565 | 630 | 648 | 303 | 327 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 649 | 625 | 630 | 672 | 610 | 629 | 622 | 680 |
| General and administrative | 17 | 17 | 18 | 19 | 17 | 18 | 18 | 20 |
| Operating income | 95 | 83 | 7 | 65 | 59 | −164 | 62 | 95 |
| Interest expense | 54 | 53 | 52 | 53 | 53 | 51 | 51 | 52 |
| Income before tax | 59 | 21 | −56 | −1 | −8 | −205 | 13 | 55 |
| Income tax | 2 | −52 | 1 | 1 | 6 | −1 | 1 | 5 |
| Net income | 54 | 66 | −57 | −5 | −16 | −205 | 11 | 47 |
| Diluted EPS | $0.26 | $0.32 | −$0.29 | −$0.02 | −$0.08 | −$1.03 | $0.05 | $0.24 |
| EBITDA | 158 | 148 | 76 | 187 | 137 | −97 | 126 | 161 |
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