Park Hotels & Resorts Inc (PK) - Net Assets
Based on the latest financial reports, Park Hotels & Resorts Inc (PK) has net assets worth $3.08 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.70 Billion) and total liabilities ($4.62 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Park Hotels & Resorts Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.08 Billion |
| % of Total Assets | 39.95% |
| Annual Growth Rate | 1.56% |
| 5-Year Change | -30.14% |
| 10-Year Change | -19.54% |
| Growth Volatility | 22.85 |
Park Hotels & Resorts Inc - Net Assets Trend (2014–2025)
This chart illustrates how Park Hotels & Resorts Inc's net assets have evolved over time, based on quarterly financial data. Also explore PK total assets for the complete picture of this company's asset base.
Annual Net Assets for Park Hotels & Resorts Inc (2014–2025)
The table below shows the annual net assets of Park Hotels & Resorts Inc from 2014 to 2025. For live valuation and market cap data, see PK stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.08 Billion | -14.41% |
| 2024-12-31 | $3.59 Billion | -4.62% |
| 2023-12-31 | $3.77 Billion | -12.19% |
| 2022-12-31 | $4.29 Billion | -2.54% |
| 2021-12-31 | $4.40 Billion | -9.09% |
| 2020-12-31 | $4.84 Billion | -24.93% |
| 2019-12-31 | $6.45 Billion | +15.49% |
| 2018-12-31 | $5.59 Billion | -6.31% |
| 2017-12-31 | $5.96 Billion | +55.95% |
| 2016-12-31 | $3.82 Billion | +36.68% |
| 2015-12-31 | $2.80 Billion | +7.87% |
| 2014-12-31 | $2.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Park Hotels & Resorts Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 90200000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00 Million | 0.06% |
| Other Components | $4.03 Billion | 128.74% |
| Total Equity | $3.13 Billion | 100.00% |
Park Hotels & Resorts Inc Competitors by Market Cap
The table below lists competitors of Park Hotels & Resorts Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EIH Limited
NSE:EIHOTEL
|
$2.16 Billion |
|
Embotelladora Andina S.A
F:AKOB
|
$2.16 Billion |
|
AQ Group AB
ST:AQ
|
$2.16 Billion |
|
Qingdao Huicheng Environmental Co Ltd
SHE:300779
|
$2.16 Billion |
|
Blue Bird Corp
NASDAQ:BLBD
|
$2.16 Billion |
|
Banque Cantonale du Valais
SW:WKBN
|
$2.16 Billion |
|
Mineralys Therapeutics, Inc. Common Stock
NASDAQ:MLYS
|
$2.16 Billion |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
$2.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Park Hotels & Resorts Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,645,000,000 to 3,131,000,000, a change of -514,000,000 (-14.1%).
- Net loss of 283,000,000 reduced equity.
- Dividend payments of 280,000,000 reduced retained earnings.
- Share repurchases of 45,000,000 reduced equity.
- Other factors increased equity by 94,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-283.00 Million | -9.04% |
| Dividends Paid | $280.00 Million | -8.94% |
| Share Repurchases | $45.00 Million | -1.44% |
| Other Changes | $94.00 Million | +3.0% |
| Total Change | $- | -14.10% |
Book Value vs Market Value Analysis
This analysis compares Park Hotels & Resorts Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.86x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $13.22 | $11.35 | x |
| 2015-12-31 | $14.25 | $11.35 | x |
| 2016-12-31 | $19.56 | $11.35 | x |
| 2017-12-31 | $28.09 | $11.35 | x |
| 2018-12-31 | $27.61 | $11.35 | x |
| 2019-12-31 | $30.50 | $11.35 | x |
| 2020-12-31 | $20.73 | $11.35 | x |
| 2021-12-31 | $18.86 | $11.35 | x |
| 2022-12-31 | $19.03 | $11.35 | x |
| 2023-12-31 | $17.74 | $11.35 | x |
| 2024-12-31 | $17.44 | $11.35 | x |
| 2025-12-31 | $15.73 | $11.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Park Hotels & Resorts Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.14%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.46x
- Recent ROE (-9.04%) is below the historical average (3.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.73% | 7.00% | 0.26x | 3.71x | $-85.70 Million |
| 2015 | 10.35% | 10.86% | 0.27x | 3.47x | $9.90 Million |
| 2016 | 3.43% | 4.88% | 0.28x | 2.54x | $-254.20 Million |
| 2017 | 43.67% | 94.05% | 0.29x | 1.62x | $2.02 Billion |
| 2018 | 8.38% | 17.25% | 0.29x | 1.66x | $-91.20 Million |
| 2019 | 4.71% | 10.76% | 0.25x | 1.74x | $-343.60 Million |
| 2020 | -29.43% | -169.01% | 0.08x | 2.16x | $-1.93 Billion |
| 2021 | -10.31% | -33.70% | 0.14x | 2.19x | $-904.20 Million |
| 2022 | 3.73% | 6.48% | 0.26x | 2.24x | $-271.90 Million |
| 2023 | 2.54% | 3.60% | 0.29x | 2.47x | $-284.40 Million |
| 2024 | 5.82% | 8.16% | 0.28x | 2.51x | $-152.50 Million |
| 2025 | -9.04% | -11.14% | 0.33x | 2.46x | $-596.10 Million |
Industry Comparison
This section compares Park Hotels & Resorts Inc's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $1,624,139,313
- Average return on equity (ROE) among peers: -19.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Park Hotels & Resorts Inc (PK) | $3.08 Billion | 6.73% | 1.50x | $2.16 Billion |
| Ashford Hospitality Trust Inc (AHT) | $749.27 Million | -8.94% | 5.23x | $19.23 Million |
| Apple Hospitality REIT Inc (APLE) | $3.01 Billion | 0.23% | 0.25x | $2.91 Billion |
| Braemar Hotel & Resorts Inc (BHR) | $523.87 Million | -5.09% | 2.59x | $164.83 Million |
| Chatham Lodging Trust REIT (CLDT) | $775.02 Million | 2.41% | 0.86x | $370.84 Million |
| Diamondrock Hospitality Company Common Stock (DRH) | $1.02 Billion | 5.20% | 1.07x | $1.89 Billion |
| Host Hotels & Resorts Inc (HST) | $6.43 Billion | -11.38% | 1.00x | $13.73 Billion |
| InnSuites Hospitality Trust (IHT) | $4.55 Million | -166.11% | 4.40x | $10.31 Million |
| Summit Hotel Properties Inc (INN) | $785.20 Million | 2.66% | 0.86x | $489.64 Million |
| Pebblebrook Hotel Trust (PEB) | $1.31 Billion | 1.99% | 0.41x | $1.48 Billion |
About Park Hotels & Resorts Inc
Park Hotels & Resorts inc. is one of the largest publicly traded lodging real estate investment trusts. With a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value, Park's portfolio currently consists of 34 premium-branded hotels and resorts with approximately 23,000 rooms primarily located in prime city center and resort locations.