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Park Hotels & Resorts ROA %

: 6.18% (As of Jun. 2022)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Park Hotels & Resorts's annualized Net Income for the quarter that ended in Jun. 2022 was $600 Mil. Park Hotels & Resorts's average Total Assets over the quarter that ended in Jun. 2022 was $9,702 Mil. Therefore, Park Hotels & Resorts's annualized ROA % for the quarter that ended in Jun. 2022 was 6.18%.

The historical rank and industry rank for Park Hotels & Resorts's ROA % or its related term are showing as below:

PK' s ROA % Range Over the Past 10 Years
Min: -13.16   Med: 2.39   Max: 26.86
Current: -0.61

During the past 9 years, Park Hotels & Resorts's highest ROA % was 26.86%. The lowest was -13.16%. And the median was 2.39%.

PK's ROA % is ranked worse than
88.03% of 777 companies
in the REITs industry
Industry Median: 3.36 vs PK: -0.61

Park Hotels & Resorts ROA % Historical Data

The historical data trend for Park Hotels & Resorts's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Park Hotels & Resorts Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.86 4.95 2.96 -13.16 -4.52

Park Hotels & Resorts Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROA % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.48 -3.43 -2.74 -2.34 6.18

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Park Hotels & Resorts ROA % Distribution

For the REITs industry and Real Estate sector, Park Hotels & Resorts's ROA % distribution charts can be found below:

* The bar in red indicates where Park Hotels & Resorts's ROA % falls into.



Park Hotels & Resorts ROA % Calculation

Park Hotels & Resorts's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-459/( (10587+9743)/ 2 )
=-459/10165
=-4.52 %

Park Hotels & Resorts's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=600/( (9703+9701)/ 2 )
=600/9702
=6.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


Park Hotels & Resorts  (NYSE:PK) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=600/9702
=(Net Income / Revenue)*(Revenue / Total Assets)
=(600 / 2780)*(2780 / 9702)
=Net Margin %*Asset Turnover
=21.58 %*0.2865
=6.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Park Hotels & Resorts ROA % Related Terms

Thank you for viewing the detailed overview of Park Hotels & Resorts's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Park Hotels & Resorts Business Description

Park Hotels & Resorts logo
Traded in Other Exchanges
Address
1775 Tysons Boulevard, 7th Floor, Tysons, VA, USA, 22102
Park Hotels & Resorts owns upper-upscale and luxury hotels with 27,889 rooms across 48 hotels in the United States. Park also has interests through joint ventures in another 4,297 rooms in seven U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and 15 lower-quality U.S. hotels to focus on high-quality assets in domestic, gateway markets.
Executives
Vu Nancy M. officer: SVP,Gen. Counsel & Secretary 1775 TYSONS BLVD. 7TH FLOOR TYSONS VA 22102
Natelli Thomas A director 1997 ANNAPOLIS EXCHANGE PARKWAY SUITE 410 ANNAPOLIS MD 21401
Eckert Thomas D director 1997 ANNAPOLIS EXCHANGE PARKWAY SUITE 410 ANNAPOLIS MD 21401
Mayfield Carl A. officer: EVP, Design and Construction C/O PARK HOTELS & RESORTS INC. 1775 TYSONS BLVD, 7TH FLOOR TYSONS VA 22102
Garrett Geoffrey director C/O PARK HOTELS & RESORTS 1775 TYSONS BOULEVARD, 7TH FLOOR TYSONS VA 22102
Xianyu Mu director C/O PARK HOTELS & RESORTS INC. 1600 TYSONS BOULEVARD, STE. 1000 MCLEAN VA 22102
Hna Tourism (hk) Group Co., Ltd. 10 percent owner THE CENTER, 99 QUEEN'S ROAD CENTRAL CENTRAL K3 999077
Hna Hlt Holdco I Llc 10 percent owner THE CORPORATION TRUST COMPANY 1209 ORANGE STREET WILMINGTON DE 19801
Hna Hlt Holdco Iii Ltd 10 percent owner THE CENTER 99 QUEEN?S ROAD CENTRAL CENTRAL K3 999077
Hna Group Co., Ltd. 10 percent owner HNA BUILDING NO. 7 GUOXING ROAD HAIKOU, HAINAN F4 570203
Hna Hlt Holdco Ii Llc 10 percent owner THE CORPORATION TRUST COMPANY 1209 ORANGE STREET WILMINGTON DE 19801
Hna Tourism Group Co., Ltd. 10 percent owner HNA BUILDING NO. 7 GUOXING ROAD HAIKOU F4 570203
Hlt Breh Vi-a Holdings Prime Holdco Llc 10 percent owner C/O THE BLACKSTONE GROUP L.P. 345 PARK AVE. NEW YORK NY 10154
Bedient Patricia M director 33663 WEYERHAEUSER WAY SOUTH FEDERAL WAY WA 98003
Olander Jill C officer: See Remarks C/O PARK HOTELS & RESORTS INC. 1775 TYSONS BLVD., 7TH FLOOR TYSONS VA 22102

Park Hotels & Resorts Headlines

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