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Side-by-side financial comparison of Park Hotels & Resorts Inc. (PK) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Park Hotels & Resorts Inc. is the larger business by last-quarter revenue ($629.0M vs $622.0M, roughly 1.0× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs -32.6%, a 67.0% gap on every dollar of revenue. On growth, Royalty Pharma plc posted the faster year-over-year revenue change (4.8% vs 0.6%). Over the past eight quarters, Royalty Pharma plc's revenue compounded faster (4.6% CAGR vs -0.8%).

Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

PK vs RPRX — Head-to-Head

Bigger by revenue
PK
PK
1.0× larger
PK
$629.0M
$622.0M
RPRX
Growing faster (revenue YoY)
RPRX
RPRX
+4.1% gap
RPRX
4.8%
0.6%
PK
Higher net margin
RPRX
RPRX
67.0% more per $
RPRX
34.4%
-32.6%
PK
Faster 2-yr revenue CAGR
RPRX
RPRX
Annualised
RPRX
4.6%
-0.8%
PK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PK
PK
RPRX
RPRX
Revenue
$629.0M
$622.0M
Net Profit
$-205.0M
$214.2M
Gross Margin
Operating Margin
-26.1%
62.4%
Net Margin
-32.6%
34.4%
Revenue YoY
0.6%
4.8%
Net Profit YoY
-410.6%
2.9%
EPS (diluted)
$-1.04
$0.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PK
PK
RPRX
RPRX
Q4 25
$629.0M
$622.0M
Q3 25
$610.0M
$609.3M
Q2 25
$672.0M
$578.7M
Q1 25
$630.0M
$568.2M
Q4 24
$625.0M
$593.6M
Q3 24
$649.0M
$564.7M
Q2 24
$686.0M
$537.3M
Q1 24
$639.0M
$568.0M
Net Profit
PK
PK
RPRX
RPRX
Q4 25
$-205.0M
$214.2M
Q3 25
$-16.0M
$288.2M
Q2 25
$-5.0M
$30.2M
Q1 25
$-57.0M
$238.3M
Q4 24
$66.0M
$208.2M
Q3 24
$54.0M
$544.0M
Q2 24
$64.0M
$102.0M
Q1 24
$28.0M
$4.8M
Operating Margin
PK
PK
RPRX
RPRX
Q4 25
-26.1%
62.4%
Q3 25
9.7%
70.1%
Q2 25
9.7%
36.3%
Q1 25
1.1%
94.0%
Q4 24
13.3%
60.9%
Q3 24
14.6%
Q2 24
17.6%
50.2%
Q1 24
14.4%
-13.0%
Net Margin
PK
PK
RPRX
RPRX
Q4 25
-32.6%
34.4%
Q3 25
-2.6%
47.3%
Q2 25
-0.7%
5.2%
Q1 25
-9.0%
41.9%
Q4 24
10.6%
35.1%
Q3 24
8.3%
96.3%
Q2 24
9.3%
19.0%
Q1 24
4.4%
0.8%
EPS (diluted)
PK
PK
RPRX
RPRX
Q4 25
$-1.04
$0.49
Q3 25
$-0.08
$0.67
Q2 25
$-0.02
$0.07
Q1 25
$-0.29
$0.55
Q4 24
$0.32
$0.46
Q3 24
$0.26
$1.21
Q2 24
$0.30
$0.23
Q1 24
$0.13
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PK
PK
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$232.0M
$618.7M
Total DebtLower is stronger
$3.9B
$9.0B
Stockholders' EquityBook value
$3.1B
$9.7B
Total Assets
$7.7B
$19.6B
Debt / EquityLower = less leverage
1.23×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PK
PK
RPRX
RPRX
Q4 25
$232.0M
$618.7M
Q3 25
$278.0M
$938.9M
Q2 25
$319.0M
$631.9M
Q1 25
$233.0M
$1.1B
Q4 24
$402.0M
$929.0M
Q3 24
$480.0M
$950.1M
Q2 24
$449.0M
$1.8B
Q1 24
$378.0M
$843.0M
Total Debt
PK
PK
RPRX
RPRX
Q4 25
$3.9B
$9.0B
Q3 25
$3.9B
$8.9B
Q2 25
$3.9B
$8.0B
Q1 25
$3.9B
$7.6B
Q4 24
$3.9B
$7.6B
Q3 24
$3.9B
$7.6B
Q2 24
$3.9B
$7.6B
Q1 24
$3.8B
$6.1B
Stockholders' Equity
PK
PK
RPRX
RPRX
Q4 25
$3.1B
$9.7B
Q3 25
$3.4B
$9.6B
Q2 25
$3.4B
$9.5B
Q1 25
$3.5B
$9.8B
Q4 24
$3.6B
$10.3B
Q3 24
$3.8B
$10.3B
Q2 24
$3.8B
$9.8B
Q1 24
$3.8B
$9.9B
Total Assets
PK
PK
RPRX
RPRX
Q4 25
$7.7B
$19.6B
Q3 25
$8.8B
$19.3B
Q2 25
$8.9B
$18.3B
Q1 25
$8.9B
$17.6B
Q4 24
$9.2B
$18.2B
Q3 24
$9.2B
$18.0B
Q2 24
$9.2B
$17.7B
Q1 24
$9.1B
$16.1B
Debt / Equity
PK
PK
RPRX
RPRX
Q4 25
1.23×
0.92×
Q3 25
1.14×
0.93×
Q2 25
1.12×
0.84×
Q1 25
1.11×
0.78×
Q4 24
1.06×
0.74×
Q3 24
1.03×
0.74×
Q2 24
1.03×
0.78×
Q1 24
1.00×
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PK
PK
RPRX
RPRX
Operating Cash FlowLast quarter
$105.0M
$827.1M
Free Cash FlowOCF − Capex
$-3.0M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
17.2%
Cash ConversionOCF / Net Profit
3.86×
TTM Free Cash FlowTrailing 4 quarters
$102.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PK
PK
RPRX
RPRX
Q4 25
$105.0M
$827.1M
Q3 25
$99.0M
$702.6M
Q2 25
$108.0M
$364.0M
Q1 25
$86.0M
$596.1M
Q4 24
$80.0M
$742.5M
Q3 24
$140.0M
$703.6M
Q2 24
$117.0M
$658.2M
Q1 24
$92.0M
$664.6M
Free Cash Flow
PK
PK
RPRX
RPRX
Q4 25
$-3.0M
Q3 25
$31.0M
Q2 25
$65.0M
Q1 25
$9.0M
Q4 24
$17.0M
Q3 24
$97.0M
Q2 24
$66.0M
Q1 24
$22.0M
FCF Margin
PK
PK
RPRX
RPRX
Q4 25
-0.5%
Q3 25
5.1%
Q2 25
9.7%
Q1 25
1.4%
Q4 24
2.7%
Q3 24
14.9%
Q2 24
9.6%
Q1 24
3.4%
Capex Intensity
PK
PK
RPRX
RPRX
Q4 25
17.2%
Q3 25
11.1%
Q2 25
6.4%
Q1 25
12.2%
Q4 24
10.1%
Q3 24
6.6%
Q2 24
7.4%
Q1 24
11.0%
Cash Conversion
PK
PK
RPRX
RPRX
Q4 25
3.86×
Q3 25
2.44×
Q2 25
12.06×
Q1 25
2.50×
Q4 24
1.21×
3.57×
Q3 24
2.59×
1.29×
Q2 24
1.83×
6.45×
Q1 24
3.29×
139.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PK
PK

Occupancy$371.0M59%
Food And Beverage$173.0M28%
Ancillary Hotel$61.0M10%
Hotel Other$24.0M4%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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