How has Park Hotels & Resorts Inc.'s construction work in progress changed year-over-year?

Park Hotels & Resorts Inc.'s construction work in progress increased by 82.7% year-over-year, from $110M to $201M.

What is the long-term trend for Park Hotels & Resorts Inc.'s construction work in progress?

Over 3 years (2022 to 2025), Park Hotels & Resorts Inc.'s construction work in progress has grown at a 7.4% compound annual growth rate (CAGR), from $201M to $249M.

Park Hotels & Resorts Inc. PK Construction work in progress

Construction work in progress at other companies

Host Hotels & ResortsHST

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Vail ResortsMTN

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Wynn ResortsWYNN

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Other financials

Income statement

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Revenue$622.0M-1.3%

Operating income$62.0M+786%

Net income$11.0M+119%

EPS (diluted)$0.05+117%

Balance sheet

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Cash & equivalents$190.0M-26.9%

Total debt$4.3B-23.8%

Total equity$3.1B-11.6%

Total assets$7.7B-14.0%

Cash flow

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Operating cash flow$59.0M-31.4%

CapEx$83.0M+7.8%

Free cash flow-$24.0M-367%

Valuation

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Market cap$2.91B-1.7%

Enterprise value$6.99B-17.4%

P/S1.2×0.0×

Profitability

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Operating margin0.9%-10.9pp

Net margin-8.5%-13.4pp

FCF margin2.8%-4.5pp

Returns & leverage

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Return on equity-6.5%-10.0pp

Debt / equity1.4×-0.2×

Where this comes from

Reported directly by Park Hotels & Resorts Inc. in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The official record: Park Hotels & Resorts Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Park Hotels & Resorts Inc.'s construction work in progress?: Park Hotels & Resorts Inc. (PK) reported construction work in progress of $201M in Q1 2026.
How has Park Hotels & Resorts Inc.'s construction work in progress changed year-over-year?: Park Hotels & Resorts Inc.'s construction work in progress increased by 82.7% year-over-year, from $110M to $201M.
What is the long-term trend for Park Hotels & Resorts Inc.'s construction work in progress?: Over 3 years (2022 to 2025), Park Hotels & Resorts Inc.'s construction work in progress has grown at a 7.4% compound annual growth rate (CAGR), from $201M to $249M.