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Park Hotels & Resorts Inc. PK Construction in progress

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Other financials

Income statement

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Revenue$680.0M+1.2%
Operating income$95.0M+46.2%
Net income$47.0M+1,040%
EPS (diluted)$0.24+1,300%

Balance sheet

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Cash & equivalents$302.0M-13.0%
Total debt$4.3B-22.8%
Total equity$3.1B-10.3%
Total assets$7.7B-13.2%

Cash flow

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Operating cash flow$141.0M+30.6%
CapEx$64.0M+48.8%
Free cash flow$77.0M+18.5%

Valuation

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Market cap$2.97B+45.5%
Enterprise value$7B-4.1%
P/S1.2×+0.4×

Profitability

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Operating margin2%-7.7pp
Net margin-6.4%-8.7pp
FCF margin3.3%-4.0pp

Returns & leverage

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Return on equity-5%-6.6pp
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 source filing: Park Hotels & Resorts Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001617406-26-000042
Line itemJune 30, 2026(1)December 31, 2025(1)
Land$2,915$2,918
Buildings and leasehold improvements5,4975,487
Furniture and equipment996931
Construction-in-progress237249
9,6459,585
Accumulated depreciation(2,737)(2,630)
$6,908$6,955

Item 1. Financial Statements (unaudited)

FAQ

What is Park Hotels & Resorts Inc.'s construction in progress?
Park Hotels & Resorts Inc. (PK) reported construction in progress of $237M in Q2 2026.
How has Park Hotels & Resorts Inc.'s construction in progress changed year-over-year?
Park Hotels & Resorts Inc.'s construction in progress increased by 80.9% year-over-year, from $131M to $237M.
What is the long-term trend for Park Hotels & Resorts Inc.'s construction in progress?
Over 3 years (2022 to 2025), Park Hotels & Resorts Inc.'s construction in progress has grown at a 7.4% compound annual growth rate (CAGR), from $201M to $249M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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