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Side-by-side financial comparison of Park Hotels & Resorts Inc. (PK) and TripAdvisor, Inc. (TRIP). 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 $411.0M, roughly 1.5× TripAdvisor, Inc.). TripAdvisor, Inc. runs the higher net margin — -9.2% vs -32.6%, a 23.3% gap on every dollar of revenue. On growth, Park Hotels & Resorts Inc. posted the faster year-over-year revenue change (0.6% vs 0.0%). Park Hotels & Resorts Inc. produced more free cash flow last quarter ($-3.0M vs $-122.0M). Over the past eight quarters, TripAdvisor, Inc.'s revenue compounded faster (2.0% 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.
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
PK vs TRIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $629.0M | $411.0M |
| Net Profit | $-205.0M | $-38.0M |
| Gross Margin | — | 91.5% |
| Operating Margin | -26.1% | -8.3% |
| Net Margin | -32.6% | -9.2% |
| Revenue YoY | 0.6% | 0.0% |
| Net Profit YoY | -410.6% | -3900.0% |
| EPS (diluted) | $-1.04 | $-0.32 |
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.
| Q4 25 | $629.0M | $411.0M | ||
| Q3 25 | $610.0M | $553.0M | ||
| Q2 25 | $672.0M | $529.0M | ||
| Q1 25 | $630.0M | $398.0M | ||
| Q4 24 | $625.0M | $411.0M | ||
| Q3 24 | $649.0M | $532.0M | ||
| Q2 24 | $686.0M | $497.0M | ||
| Q1 24 | $639.0M | $395.0M |
| Q4 25 | $-205.0M | $-38.0M | ||
| Q3 25 | $-16.0M | $53.0M | ||
| Q2 25 | $-5.0M | $36.0M | ||
| Q1 25 | $-57.0M | $-11.0M | ||
| Q4 24 | $66.0M | $1.0M | ||
| Q3 24 | $54.0M | $39.0M | ||
| Q2 24 | $64.0M | $24.0M | ||
| Q1 24 | $28.0M | $-59.0M |
| Q4 25 | — | 91.5% | ||
| Q3 25 | — | 92.6% | ||
| Q2 25 | — | 92.1% | ||
| Q1 25 | — | 93.2% | ||
| Q4 24 | — | 93.4% | ||
| Q3 24 | — | 92.5% | ||
| Q2 24 | — | 92.8% | ||
| Q1 24 | — | 93.7% |
| Q4 25 | -26.1% | -8.3% | ||
| Q3 25 | 9.7% | 12.7% | ||
| Q2 25 | 9.7% | 11.2% | ||
| Q1 25 | 1.1% | -3.8% | ||
| Q4 24 | 13.3% | 0.2% | ||
| Q3 24 | 14.6% | 13.2% | ||
| Q2 24 | 17.6% | 7.2% | ||
| Q1 24 | 14.4% | -3.8% |
| Q4 25 | -32.6% | -9.2% | ||
| Q3 25 | -2.6% | 9.6% | ||
| Q2 25 | -0.7% | 6.8% | ||
| Q1 25 | -9.0% | -2.8% | ||
| Q4 24 | 10.6% | 0.2% | ||
| Q3 24 | 8.3% | 7.3% | ||
| Q2 24 | 9.3% | 4.8% | ||
| Q1 24 | 4.4% | -14.9% |
| Q4 25 | $-1.04 | $-0.32 | ||
| Q3 25 | $-0.08 | $0.43 | ||
| Q2 25 | $-0.02 | $0.28 | ||
| Q1 25 | $-0.29 | $-0.08 | ||
| Q4 24 | $0.32 | $0.03 | ||
| Q3 24 | $0.26 | $0.27 | ||
| Q2 24 | $0.30 | $0.17 | ||
| Q1 24 | $0.13 | $-0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $232.0M | $1.0B |
| Total DebtLower is stronger | $3.9B | $819.0M |
| Stockholders' EquityBook value | $3.1B | $645.0M |
| Total Assets | $7.7B | $2.6B |
| Debt / EquityLower = less leverage | 1.23× | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $232.0M | $1.0B | ||
| Q3 25 | $278.0M | $1.2B | ||
| Q2 25 | $319.0M | $1.2B | ||
| Q1 25 | $233.0M | $1.2B | ||
| Q4 24 | $402.0M | $1.1B | ||
| Q3 24 | $480.0M | $1.1B | ||
| Q2 24 | $449.0M | $1.2B | ||
| Q1 24 | $378.0M | $1.2B |
| Q4 25 | $3.9B | $819.0M | ||
| Q3 25 | $3.9B | $821.0M | ||
| Q2 25 | $3.9B | $822.0M | ||
| Q1 25 | $3.9B | $1.2B | ||
| Q4 24 | $3.9B | $831.0M | ||
| Q3 24 | $3.9B | $832.0M | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.8B | — |
| Q4 25 | $3.1B | $645.0M | ||
| Q3 25 | $3.4B | $707.0M | ||
| Q2 25 | $3.4B | $627.0M | ||
| Q1 25 | $3.5B | $643.0M | ||
| Q4 24 | $3.6B | $943.0M | ||
| Q3 24 | $3.8B | $944.0M | ||
| Q2 24 | $3.8B | $857.0M | ||
| Q1 24 | $3.8B | $825.0M |
| Q4 25 | $7.7B | $2.6B | ||
| Q3 25 | $8.8B | $2.8B | ||
| Q2 25 | $8.9B | $2.9B | ||
| Q1 25 | $8.9B | $2.8B | ||
| Q4 24 | $9.2B | $2.6B | ||
| Q3 24 | $9.2B | $2.7B | ||
| Q2 24 | $9.2B | $2.8B | ||
| Q1 24 | $9.1B | $2.7B |
| Q4 25 | 1.23× | 1.27× | ||
| Q3 25 | 1.14× | 1.16× | ||
| Q2 25 | 1.12× | 1.31× | ||
| Q1 25 | 1.11× | 1.81× | ||
| Q4 24 | 1.06× | 0.88× | ||
| Q3 24 | 1.03× | 0.88× | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | 1.00× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $105.0M | $-103.0M |
| Free Cash FlowOCF − Capex | $-3.0M | $-122.0M |
| FCF MarginFCF / Revenue | -0.5% | -29.7% |
| Capex IntensityCapex / Revenue | 17.2% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $102.0M | $163.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $105.0M | $-103.0M | ||
| Q3 25 | $99.0M | $44.0M | ||
| Q2 25 | $108.0M | $202.0M | ||
| Q1 25 | $86.0M | $102.0M | ||
| Q4 24 | $80.0M | $-3.0M | ||
| Q3 24 | $140.0M | $-43.0M | ||
| Q2 24 | $117.0M | $51.0M | ||
| Q1 24 | $92.0M | $139.0M |
| Q4 25 | $-3.0M | $-122.0M | ||
| Q3 25 | $31.0M | $25.0M | ||
| Q2 25 | $65.0M | $177.0M | ||
| Q1 25 | $9.0M | $83.0M | ||
| Q4 24 | $17.0M | $-26.0M | ||
| Q3 24 | $97.0M | $-63.0M | ||
| Q2 24 | $66.0M | $36.0M | ||
| Q1 24 | $22.0M | $123.0M |
| Q4 25 | -0.5% | -29.7% | ||
| Q3 25 | 5.1% | 4.5% | ||
| Q2 25 | 9.7% | 33.5% | ||
| Q1 25 | 1.4% | 20.9% | ||
| Q4 24 | 2.7% | -6.3% | ||
| Q3 24 | 14.9% | -11.8% | ||
| Q2 24 | 9.6% | 7.2% | ||
| Q1 24 | 3.4% | 31.1% |
| Q4 25 | 17.2% | 4.6% | ||
| Q3 25 | 11.1% | 3.4% | ||
| Q2 25 | 6.4% | 4.7% | ||
| Q1 25 | 12.2% | 4.8% | ||
| Q4 24 | 10.1% | 5.6% | ||
| Q3 24 | 6.6% | 3.8% | ||
| Q2 24 | 7.4% | 3.0% | ||
| Q1 24 | 11.0% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 5.61× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.21× | -3.00× | ||
| Q3 24 | 2.59× | -1.10× | ||
| Q2 24 | 1.83× | 2.13× | ||
| Q1 24 | 3.29× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PK
| Occupancy | $371.0M | 59% |
| Food And Beverage | $173.0M | 28% |
| Ancillary Hotel | $61.0M | 10% |
| Hotel Other | $24.0M | 4% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
