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Park Hotels and Resorts Inc   (PK)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 

PK's Operating Income Growth by Quarter and Year

Park Hotels And Resorts Inc 's Operating Income results by quarter and year




PK Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 276.00 84.00 2.00 -159.00
III Quarter September 85.00 92.00 -14.00 -206.00
II Quarter June -98.00 119.00 -44.00 -200.00
I Quarter March 80.00 1.00 -123.00 -637.00
FY   343.00 296.00 -179.00 -1,202.00



PK Operating Income fourth quarter 2023 Y/Y Growth Comment
Park Hotels and Resorts Inc achieved in the fourth quarter 2023, above Company average Operating Income surge of 228.57% year on year, to $ 276.00 millions.

Looking into fourth quarter 2023 results within Hotels & Tourism industry 2 other companies have achieved higher Operating Income growth. While Park Hotels And Resorts Inc ' s Operating Income doubling of 228.57% ranks overall at the positon no. 252 in the fourth quarter 2023.

Explain Operating Income growth


PK Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 228.57 % 4100 % - -
III Quarter September -7.61 % - - -
II Quarter June - - - -
I Quarter March 7900 % - - -
FY   15.88 % - - -

Financial Statements
Park Hotels And Resorts Inc 's fourth quarter 2023 Operating Income $ 276.00 millions PK's Income Statement
Park Hotels And Resorts Inc 's fourth quarter 2022 Operating Income $ 84.00 millions Quarterly PK's Income Statement
New: More PK's historic Operating Income Growth >>


PK Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 224.71 % -8.7 % - -
III Quarter September - -22.69 % - -
II Quarter June - 11800 % - -
I Quarter March -4.76 % -50 % - -
FY (Year on Year)   15.88 % - - -




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Hotels & Tourism Industry #3
Services Sector #34
Overall #252

Operating Income Y/Y Growth Statistics
High Average Low
46.3 % -93.91 % -382.16 %
(Jun 30 2023)   (Dec 31 2020)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Hotels & Tourism Industry #3
Services Sector #34
Overall #252
Operating Income Y/Y Growth Statistics
High Average Low
46.3 % -93.91 % -382.16 %
(Jun 30 2023)   (Dec 31 2020)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Park Hotels And Resorts Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
11800 % 722.51 % -65.77 %
(Jun 30 2022)  


PK's IV. Quarter Q/Q Operating Income Comment
Park Hotels and Resorts Inc achieved in the IV. Quarter 2023 below company average Operating Income doubling of 224.71% quarter on quarter, to $ 276.00 millions.

Even if the IV. Quarter 2023 PK's Operating Income quarter on quarter growth was lower than the ordinary of 722.51 %, it was still encouraging news, as the current expension, transcends the -8.7% Operating Income surge in the IV. Quarter 2022

Within Hotels & Tourism industry only one company achieved higher sequential Operating Income growth. While Park Hotels And Resorts Inc 's Operating Income growth quarter on quarter, overall rank is 60.


Operating Income Q/Q Growth Company Ranking
Within: No.
Hotels & Tourism Industry #2
Services Sector #8
Overall #60
Operating Income Q/Q Growth Company Ranking
Within: No.
Hotels & Tourism Industry #2
Services Sector #8
Overall #60
Operating Income Q/Q Growth Statistics
High Average Low
11800 % 722.51 % -65.77 %
(Jun 30 2022)  


PK's IV. Quarter Q/Q Operating Income Comment
Park Hotels and Resorts Inc achieved in the IV. Quarter 2023 below company average Operating Income doubling of 224.71% quarter on quarter, to $ 276.00 millions.

IV. Quarter 2023 Park Hotels And Resorts Inc 's Operating Income sequential growth appear to be a mixed bag, even if lower than the average, yet it shows absolute acceleration measured to the -8.7% in the IV. Quarter 2022.

Within Hotels & Tourism industry only one company achieved higher sequential Operating Income growth. While Park Hotels And Resorts Inc 's Operating Income growth quarter on quarter, overall rank is 60.


Park Hotels And Resorts Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 343.00 $ 151.00 $ 158.00 $ 375.00 $ 296.00
Y / Y Operating Income Growth (TTM) 15.88 % -29.44 % 46.3 % - -
Year on Year Operating Income Growth Overall Ranking # 219 # 202 # 284 # 0 # 0
Seqeuential Operating Income Change (TTM) 127.15 % -4.43 % -57.87 % 26.69 % 38.32 %
Seq. Operating Income Growth (TTM) Overall Ranking # 252 # 104 # 256 # 141 # 263




Cumulative Operating Income growth Comment
Park Hotels And Resorts Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 15.88% year on year, to $ 343 millions if the fiscal year would have ended in Dec 31 2023.
Park Hotels And Resorts Inc 's trailing twelve months Operating Income growth was higher than company's average -93.91% and higher than -29.44% growth in Sep 30 2023.
The momentum was much stronger from twelve months ended Sep 30 2023 showed at 127.15 % increase from $151 millions in twelve months ending a quarter Sep 30 2023.

Within the Services sector 25 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 202 to 219.

Operating Income TTM Q/Q Growth Statistics
High Average Low
46.3 %
-93.91 %
-382.16 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Hotels & Tourism Industry # 3
Services Sector # 26
Overall # 219

Operating Income TTM Y/Y Growth Statistics
High Average Low
46.3 %
-93.91 %
-382.16 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 34
S&P 500 # 252
Cumulative Operating Income growth Comment
Park Hotels And Resorts Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 15.88% year on year, to $ 343 millions if the fiscal year would have ended in Dec 31 2023.
Park Hotels And Resorts Inc 's trailing twelve months Operating Income growth was higher than company's average -93.91% and higher than -29.44% growth in Sep 30 2023.
The growth was even more impressive from the previous reporting period clinched at 127.15 % rise from $151 millions in twelve months ending a quarter Sep 30 2023.

Within the Services sector 25 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 202 to 219.

Operating Income TTM Q/Q Growth Statistics
High Average Low
46.3 %
-93.91 %
-382.16 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Hotels & Tourism Industry # 3
Services Sector # 26
Overall # 219

Operating Income TTM Y/Y Growth Statistics
High Average Low
46.3 %
-93.91 %
-382.16 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 34
S&P 500 # 252




Other Operating Income Growth
Hotels & Tourism Industry Operating Income Growth Trends and Statistics
Services Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
PK's Operating Income Growth Ratio versus Hotels & Tourism Industry, Services Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for PK's Competitors
Operating Income Growth for Park Hotels And Resorts Inc 's Suppliers
Operating Income Growth for PK's Customers

You may also want to know
PK's Annual Growth Rates PK's Profitability Ratios PK's Asset Turnover Ratio PK's Dividend Growth
PK's Roe PK's Valuation Ratios PK's Financial Strength Ratios PK's Dividend Payout Ratio
PK's Roa PK's Inventory Turnover Ratio PK's Growth Rates PK's Dividend Comparisons



Companies with similar Operating Income doubling for the quarter ending Dec 31 2023 within Services SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
First Watch Restaurant Group Inc 363.49%$ 363.489 millions
Booz Allen Hamilton Holding Corp322.17%$ 322.166 millions
Anywhere Real Estate Inc 279.17%$ 279.167 millions
Wynn Resorts Limited260.58%$ 260.581 millions
Bit Brother Limited242.55%$ 242.549 millions
Park Hotels and Resorts Inc 228.57%$ 228.571 millions
Cimpress Plc220.68%$ 220.683 millions
Universal Technical Institute Inc219.94%$ 219.942 millions
Cool Company Ltd 199.62%$ 199.617 millions
Netflix Inc 172.07%$ 172.067 millions
Modivcare Inc 163.95%$ 163.950 millions
Rb Global Inc159.24%$ 159.244 millions
Chart Industries Inc156.91%$ 156.905 millions
Luckin Coffee Inc 154.22%$ 154.220 millions
Portillos Inc 124.63%$ 124.627 millions
Paramount Global121.98%$ 121.978 millions




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