Park Hotels & Resorts Inc. (PK) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1775 TYSONS BLVD TYSONS, VA 22102 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 319,000 | 233,000 | 402,000 | 480,000 | 449,000 | 378,000 | |||
| Cash and cash equivalent | 319,000 | 233,000 | 402,000 | 480,000 | 449,000 | 378,000 | |||
| Total current assets: | 319,000 | 233,000 | 402,000 | 480,000 | 449,000 | 378,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 184,000 | 186,000 | 191,000 | 177,000 | 181,000 | 191,000 | |||
| Property, plant and equipment | 7,176,000 | 7,317,000 | 7,398,000 | 7,413,000 | 7,422,000 | 7,441,000 | |||
| Intangible assets, net (including goodwill) | 41,000 | 41,000 | 41,000 | 42,000 | 42,000 | 42,000 | |||
| Intangible assets, net (excluding goodwill) | 41,000 | 41,000 | 41,000 | 42,000 | 42,000 | 42,000 | |||
| Deferred income tax assets | 39,000 | ||||||||
| Total noncurrent assets: | 7,401,000 | 7,544,000 | 7,669,000 | 7,632,000 | 7,645,000 | 7,674,000 | |||
| Other undisclosed assets | 1,150,000 | 1,124,000 | 1,090,000 | 1,061,000 | 1,072,000 | 1,033,000 | |||
| TOTAL ASSETS: | 8,870,000 | 8,901,000 | 9,161,000 | 9,173,000 | 9,166,000 | 9,085,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 50,000 | 50,000 | 51,000 | 52,000 | 52,000 | ||||
| Accrued liabilities | 50,000 | 50,000 | 51,000 | 52,000 | 52,000 | ||||
| Deferred revenue | 120,000 | ||||||||
| Total current liabilities: | 50,000 | 50,000 | 120,000 | 51,000 | 52,000 | 52,000 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 5,432,000 | 5,415,000 | 5,447,000 | 5,415,000 | 5,378,000 | 5,291,000 | |||
| Total liabilities: | 5,482,000 | 5,465,000 | 5,567,000 | 5,466,000 | 5,430,000 | 5,343,000 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,444,000 | 3,494,000 | 3,645,000 | 3,752,000 | 3,780,000 | 3,789,000 | |||
| Common stock | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |||
| Additional paid in capital | 4,022,000 | 4,017,000 | 4,063,000 | 4,103,000 | 4,133,000 | 4,154,000 | |||
| Accumulated deficit | (580,000) | (525,000) | (420,000) | (353,000) | (355,000) | (367,000) | |||
| Equity, attributable to noncontrolling interest | (56,000) | (58,000) | (51,000) | (45,000) | (44,000) | (47,000) | |||
| Total equity: | 3,388,000 | 3,436,000 | 3,594,000 | 3,707,000 | 3,736,000 | 3,742,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 8,870,000 | 8,901,000 | 9,161,000 | 9,173,000 | 9,166,000 | 9,085,000 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 672,000 | 630,000 | 625,000 | 649,000 | 686,000 | 639,000 | ||
| Cost of revenue | (484,000) | (552,000) | (492,000) | (489,000) | (498,000) | (479,000) | ||
| Gross profit: | 188,000 | 78,000 | 133,000 | 160,000 | 188,000 | 160,000 | ||
| Operating expenses | (140,000) | (87,000) | (74,000) | (80,000) | (82,000) | (82,000) | ||
| Other operating expense, net (Other Expenses) | (23,000) | (21,000) | (20,000) | (21,000) | (20,000) | (21,000) | ||
| Other undisclosed operating income | 40,000 | 37,000 | 44,000 | 36,000 | 35,000 | 35,000 | ||
| Operating income: | 65,000 | 7,000 | 83,000 | 95,000 | 121,000 | 92,000 | ||
| Nonoperating income (Investment Income, Nonoperating) | 1,000 | 5,000 | 5,000 | 5,000 | 2,000 | 5,000 | ||
| Interest and debt expense | (53,000) | (52,000) | (53,000) | (54,000) | (54,000) | (53,000) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 13,000 | (40,000) | 35,000 | 46,000 | 69,000 | 44,000 | ||
| Income from equity method investments | 2,000 | 2,000 | 28,000 | 1,000 | ||||
| Other undisclosed loss from continuing operations before income taxes | (16,000) | (16,000) | (16,000) | (15,000) | (15,000) | (14,000) | ||
| Income (loss) from continuing operations before income taxes: | (1,000) | (56,000) | 21,000 | 59,000 | 55,000 | 30,000 | ||
| Income tax expense (benefit) | (1,000) | (1,000) | 52,000 | (2,000) | 12,000 | (1,000) | ||
| Net income (loss): | (2,000) | (57,000) | 73,000 | 57,000 | 67,000 | 29,000 | ||
| Net loss attributable to noncontrolling interest | (3,000) | (7,000) | (3,000) | (3,000) | (1,000) | |||
| Net income (loss) attributable to parent: | (5,000) | (57,000) | 66,000 | 54,000 | 64,000 | 28,000 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (1,000) | (1,000) | ||||||
| Net income (loss) available to common stockholders, diluted: | (5,000) | (58,000) | 66,000 | 53,000 | 64,000 | 28,000 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,000) | (57,000) | 73,000 | 57,000 | 67,000 | 29,000 | ||
| Comprehensive income (loss): | (2,000) | (57,000) | 73,000 | 57,000 | 67,000 | 29,000 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (3,000) | (7,000) | (3,000) | (3,000) | (1,000) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,000) | (57,000) | 66,000 | 54,000 | 64,000 | 28,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.