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Side-by-side financial comparison of Park Hotels & Resorts Inc. (PK) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($688.9M vs $630.0M, roughly 1.1× Park Hotels & Resorts Inc.). Trade Desk (The) runs the higher net margin — 5.8% vs 1.9%, a 3.9% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (11.9% vs -1.3%). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (8.6% CAGR vs -4.2%).
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.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
PK vs TTD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $630.0M | $688.9M |
| Net Profit | $12.0M | $40.0M |
| Gross Margin | — | — |
| Operating Margin | 9.8% | 9.7% |
| Net Margin | 1.9% | 5.8% |
| Revenue YoY | -1.3% | 11.9% |
| Net Profit YoY | 121.1% | -21.6% |
| EPS (diluted) | $0.05 | $0.08 |
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.
| Q1 26 | $630.0M | $688.9M | ||
| Q4 25 | $629.0M | $846.8M | ||
| Q3 25 | $610.0M | $739.4M | ||
| Q2 25 | $672.0M | $694.0M | ||
| Q1 25 | $630.0M | $616.0M | ||
| Q4 24 | $625.0M | $741.0M | ||
| Q3 24 | $649.0M | $628.0M | ||
| Q2 24 | $686.0M | $584.5M |
| Q1 26 | $12.0M | $40.0M | ||
| Q4 25 | $-205.0M | $186.9M | ||
| Q3 25 | $-16.0M | $115.5M | ||
| Q2 25 | $-5.0M | $90.1M | ||
| Q1 25 | $-57.0M | $50.7M | ||
| Q4 24 | $66.0M | $182.2M | ||
| Q3 24 | $54.0M | $94.2M | ||
| Q2 24 | $64.0M | $85.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% |
| Q1 26 | 9.8% | 9.7% | ||
| Q4 25 | -26.1% | 30.3% | ||
| Q3 25 | 9.7% | 21.8% | ||
| Q2 25 | 9.7% | 16.8% | ||
| Q1 25 | 1.1% | 8.8% | ||
| Q4 24 | 13.3% | 26.4% | ||
| Q3 24 | 14.6% | 17.3% | ||
| Q2 24 | 17.6% | 16.2% |
| Q1 26 | 1.9% | 5.8% | ||
| Q4 25 | -32.6% | 22.1% | ||
| Q3 25 | -2.6% | 15.6% | ||
| Q2 25 | -0.7% | 13.0% | ||
| Q1 25 | -9.0% | 8.2% | ||
| Q4 24 | 10.6% | 24.6% | ||
| Q3 24 | 8.3% | 15.0% | ||
| Q2 24 | 9.3% | 14.5% |
| Q1 26 | $0.05 | $0.08 | ||
| Q4 25 | $-1.04 | $0.39 | ||
| Q3 25 | $-0.08 | $0.23 | ||
| Q2 25 | $-0.02 | $0.18 | ||
| Q1 25 | $-0.29 | $0.10 | ||
| Q4 24 | $0.32 | $0.36 | ||
| Q3 24 | $0.26 | $0.19 | ||
| Q2 24 | $0.30 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $156.0M | $878.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.1B | $2.5B |
| Total Assets | — | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $156.0M | $878.4M | ||
| Q4 25 | $232.0M | $1.3B | ||
| Q3 25 | $278.0M | $1.4B | ||
| Q2 25 | $319.0M | $1.7B | ||
| Q1 25 | $233.0M | $1.7B | ||
| Q4 24 | $402.0M | $1.9B | ||
| Q3 24 | $480.0M | $1.7B | ||
| Q2 24 | $449.0M | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.9B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.9B | — |
| Q1 26 | $3.1B | $2.5B | ||
| Q4 25 | $3.1B | $2.5B | ||
| Q3 25 | $3.4B | $2.6B | ||
| Q2 25 | $3.4B | $2.7B | ||
| Q1 25 | $3.5B | $2.7B | ||
| Q4 24 | $3.6B | $2.9B | ||
| Q3 24 | $3.8B | $2.6B | ||
| Q2 24 | $3.8B | $2.4B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $7.7B | $6.2B | ||
| Q3 25 | $8.8B | $5.9B | ||
| Q2 25 | $8.9B | $6.0B | ||
| Q1 25 | $8.9B | $5.7B | ||
| Q4 24 | $9.2B | $6.1B | ||
| Q3 24 | $9.2B | $5.5B | ||
| Q2 24 | $9.2B | $5.2B |
| Q1 26 | — | — | ||
| Q4 25 | 1.23× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.11× | — | ||
| Q4 24 | 1.06× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 1.03× | — |
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 | — | $391.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 9.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $391.8M | ||
| Q4 25 | $105.0M | $311.6M | ||
| Q3 25 | $99.0M | $224.7M | ||
| Q2 25 | $108.0M | $165.0M | ||
| Q1 25 | $86.0M | $291.4M | ||
| Q4 24 | $80.0M | $199.4M | ||
| Q3 24 | $140.0M | $273.3M | ||
| Q2 24 | $117.0M | $81.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-3.0M | $285.3M | ||
| Q3 25 | $31.0M | $158.3M | ||
| Q2 25 | $65.0M | $119.8M | ||
| Q1 25 | $9.0M | $232.3M | ||
| Q4 24 | $17.0M | $179.2M | ||
| Q3 24 | $97.0M | $224.6M | ||
| Q2 24 | $66.0M | $59.1M |
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 33.7% | ||
| Q3 25 | 5.1% | 21.4% | ||
| Q2 25 | 9.7% | 17.3% | ||
| Q1 25 | 1.4% | 37.7% | ||
| Q4 24 | 2.7% | 24.2% | ||
| Q3 24 | 14.9% | 35.8% | ||
| Q2 24 | 9.6% | 10.1% |
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | 3.1% | ||
| Q3 25 | 11.1% | 9.0% | ||
| Q2 25 | 6.4% | 6.5% | ||
| Q1 25 | 12.2% | 9.6% | ||
| Q4 24 | 10.1% | 2.7% | ||
| Q3 24 | 6.6% | 7.8% | ||
| Q2 24 | 7.4% | 3.8% |
| Q1 26 | — | 9.80× | ||
| Q4 25 | — | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 5.75× | ||
| Q4 24 | 1.21× | 1.09× | ||
| Q3 24 | 2.59× | 2.90× | ||
| Q2 24 | 1.83× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
TTD
Segment breakdown not available.
