Park Hotels & Resorts Inc. (PK) is a publicly traded company in the Real Estate — REIT - Hotel & Motel industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Park Hotels & Resorts Inc. operates as the second-largest publicly traded real estate investment trust (REIT) focused on the lodging sector. It manages a diversified collection of 60 premium-branded hotels and resorts, which are market leaders and possess considerable underlying real estate value. These properties include over 33,000 guest rooms, predominantly situated in prime urban centers and popular resort destinations.
Is Park Hotels & Resorts Inc. stock overvalued or undervalued in 2026?
As of October 4, 2026, Park Hotels & Resorts Inc. (PK) trades at $15.30 with no positive earnings over the last twelve months, according to Kaplio. Kaplio's verdict: expensive. At its 10-year average P/FFO (9.4×) $3 (-84 %); at the decade median (10.1×) $3 (-82 %).
Kaplio overview: Park Hotels & Resorts Inc.
Market cap $3B · 52 weeks $10 – $16 (6 % below the high) · P/E no earnings · 2027 expected P/E 26.9× · Dividend 6.5 % · Next earnings November 4, 2026 · expected EPS $0.02 · Price as of Oct 4 · accounts published Aug 6.
- Valuation: P/FFO 57.5× (expensive).
- Business: FFO/dividend 0.2× (weak).
- Balance sheet: Net debt/EBITDA 12.1× (fragile).
- Earnings: 4 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (9.4×) $3 (-84 %); at the decade median (10.1×) $3 (-82 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 2 of 5 pass
- Dividend coverage (FFO/div) 0.2×, fails.
- Net debt / EBITDA 12.1×, fails.
- P/FFO 57.5×, fails.
- Debt / Assets 55.3 %, passes, near the threshold.
- FFO Payout (proxy) 70.4 %, passes.
- FFO / Share $0.27, info.
Against its peers (reference peers) — Park Hotels & Resorts Inc.: P/B 1.0×; Div. yield 6.5 %; EV/EBITDA 18.2×; $3.1B. DiamondRock Hospitality Company (P/B 1.7×; Div. yield 3.6 %; EV/EBITDA 11.0×; $2.6B), Apple Hospitality REIT, Inc. (P/B 1.2×; Div. yield 5.8 %; EV/EBITDA 9.7×; $3.9B), Pebblebrook Hotel Trust (P/B 0.9×; Div. yield 0.2 %; EV/EBITDA 13.1×; $2.1B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 57.5× · median 10.1× · minimum 5.2× · maximum 57.5× · cheap below 6.7× · expensive above 11.3×. It has been cheaper than today 100% of the time over its last ten fiscal years.
Dividend
tight · Yield 6.55 % ($1.41 per share in 2025) · 5-year growth +7 % a year · Free cash flow coverage FFO payout 70 % · With $1,000 invested today you'd collect $65.50 a year ($5.46 a month).
Profitability
| Return on Equity | -5.14% |
| Return on Invested Capital | 4.54% |
| Return on Assets | -2.12% |
| Gross Margin | -7.48% |
| Operating Margin | 13.42% |
| Net Margin | -6.41% |
Financial Health
| Debt / Equity | 1.33 |
| Current Ratio | 0.28 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.35 |
Price Performance
| 1 month | +0.00% |
| 3 months | +10.90% |
| Year-to-date | +45.89% |
| 1 year | +40.00% |
| 3 years | +27.70% |
| 5 years | -21.01% |
Dividend History
Paid in the last 12 months: $1.0000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-30 | $0.2500 |
| 2026-06-30 | $0.2500 |
| 2026-03-31 | $0.2500 |
| 2025-12-31 | $0.2500 |
| 2025-09-30 | $0.2500 |
| 2025-06-30 | $0.2500 |
| 2025-03-31 | $0.2500 |
| 2024-12-31 | $0.6500 |
| 2024-09-30 | $0.2500 |
| 2024-06-28 | $0.2500 |
Amounts adjusted for stock splits.
Related companies: ABR · APLE · DEI · DRH · ESRT · INN · IVT
Explore sector: Real Estate · REIT - Hotel & Motel
More sections of PK: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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