Park Hotels & Resorts Inc.PK

Market cap
$2.1B
P/E ratio
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net income2,631477316-1,444-452173106226
Depreciation and amortization288277264298281269287257
Gain on sales of assets, net1961962-513158
Gain on derecognition of assets------22160
Impairment loss-------12
Equity in earnings from investments in affiliates401814-22-7151131
Other loss (gain), net-10246-15-7902-3
Share-based compensation expense1416162019171819
Amortization of deferred financing costs5459121099
Distributions from unconsolidated affiliates1918225-7108
Deferred income taxes-2,378-205-30-1-214-62
Accounts receivable, net-4273-1527033-919
Prepaid expenses-34-6-44-423410
Other assets-34202212-32-18-1
Accounts payable and accrued expenses20-21-28-51-448276
Due to hotel managers-------107
Other liabilities501410-2127-4164
Other-2185-2-4-173
Net cash provided by operating activities-444499-438-137409503429
Capital expenditures for property and equipment1851882408654168285227
Acquisitions, net------11-
Proceeds from asset dispositions, net-36942920745414311631
Proceeds from the sale of investments in affiliates, net-150511-1013-
Reduction of restricted cash from derecognition of assets------30-
Distributions from unconsolidated affiliates-----11-37
Contributions to unconsolidated affiliates---46-107
Net cash (used in) provided by investing activities-419-63511939487-217-166
Proceeds from issuance of Senior Notes---1,376750--550
Repayments of Senior Debt-------650
Proceeds from Lines of Credit--8501,000-50-200
Repayments of credit facilities---1,0991,1937850-
Proceeds from Issuance of Debt----1430--
Repayments of mortgage debt----20648322
Debt issuance costs---391511111
Dividends paid386464494241-7152512
Distributions to noncontrolling interests, net629161077
Tax withholdings on share-based compensation327105325
Repurchase of common stock-348-66-227180116
Net cash used in financing activities--81697914-475-320-475-573
Net (decrease) increase in cash and cash equivalents and restricted cash2946-39595-218176-189-310