What is Park Hotels & Resorts Gross-Profit-to-Asset %?
Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Park Hotels & Resorts's annualizedGross Profit for the quarter that ended in Dec. 2023 was $744 Mil.
Park Hotels & Resorts's average Total Assets over the quarter that ended in Dec. 2023 was $9,362 Mil. Therefore, Park Hotels & Resorts's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 7.95%.
Park Hotels & Resorts Gross-Profit-to-Asset % Historical Data
The historical data trend for Park Hotels & Resorts's Gross-Profit-to-Asset % 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.
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Park Hotels & Resorts Gross-Profit-to-Asset % Chart
Competitive Comparison of Park Hotels & Resorts's Gross-Profit-to-Asset %
For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Park Hotels & Resorts's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Park Hotels & Resorts's Gross-Profit-to-Asset % falls into.
Park Hotels & Resorts Gross-Profit-to-Asset % Calculation
Park Hotels & Resorts's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Park Hotels & Resorts Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Park Hotels & Resorts's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Park Hotels & Resorts (Park Hotels & Resorts) Business Description
Park Hotels & Resorts owns upper-upscale and luxury hotels with 26,373 rooms across 41 hotels in the United States. Park also has interests through joint ventures in another 2,656 rooms in four 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 many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.
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