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Side-by-side financial comparison of Park Hotels & Resorts Inc. (PK) and UDR, Inc. (UDR). 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 $433.1M, roughly 1.5× UDR, Inc.). UDR, Inc. runs the higher net margin — 51.5% vs -32.6%, a 84.1% gap on every dollar of revenue. On growth, UDR, Inc. posted the faster year-over-year revenue change (2.5% vs 0.6%). UDR, Inc. produced more free cash flow last quarter ($650.0M vs $-3.0M). Over the past eight quarters, UDR, Inc.'s revenue compounded faster (2.3% 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.

UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.

PK vs UDR — Head-to-Head

Bigger by revenue
PK
PK
1.5× larger
PK
$629.0M
$433.1M
UDR
Growing faster (revenue YoY)
UDR
UDR
+1.8% gap
UDR
2.5%
0.6%
PK
Higher net margin
UDR
UDR
84.1% more per $
UDR
51.5%
-32.6%
PK
More free cash flow
UDR
UDR
$653.0M more FCF
UDR
$650.0M
$-3.0M
PK
Faster 2-yr revenue CAGR
UDR
UDR
Annualised
UDR
2.3%
-0.8%
PK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PK
PK
UDR
UDR
Revenue
$629.0M
$433.1M
Net Profit
$-205.0M
$222.9M
Gross Margin
Operating Margin
-26.1%
64.1%
Net Margin
-32.6%
51.5%
Revenue YoY
0.6%
2.5%
Net Profit YoY
-410.6%
4519.2%
EPS (diluted)
$-1.04
$0.67

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
UDR
UDR
Q4 25
$629.0M
$433.1M
Q3 25
$610.0M
$431.9M
Q2 25
$672.0M
$425.4M
Q1 25
$630.0M
$421.9M
Q4 24
$625.0M
$422.7M
Q3 24
$649.0M
$420.2M
Q2 24
$686.0M
$415.3M
Q1 24
$639.0M
$413.6M
Net Profit
PK
PK
UDR
UDR
Q4 25
$-205.0M
$222.9M
Q3 25
$-16.0M
$40.4M
Q2 25
$-5.0M
$37.7M
Q1 25
$-57.0M
$76.7M
Q4 24
$66.0M
$-5.0M
Q3 24
$54.0M
$22.6M
Q2 24
$64.0M
$28.9M
Q1 24
$28.0M
$43.1M
Operating Margin
PK
PK
UDR
UDR
Q4 25
-26.1%
64.1%
Q3 25
9.7%
17.7%
Q2 25
9.7%
18.2%
Q1 25
1.1%
29.0%
Q4 24
13.3%
15.7%
Q3 24
14.6%
16.6%
Q2 24
17.6%
16.5%
Q1 24
14.4%
19.3%
Net Margin
PK
PK
UDR
UDR
Q4 25
-32.6%
51.5%
Q3 25
-2.6%
9.4%
Q2 25
-0.7%
8.9%
Q1 25
-9.0%
18.2%
Q4 24
10.6%
-220.5%
Q3 24
8.3%
5.4%
Q2 24
9.3%
7.0%
Q1 24
4.4%
10.4%
EPS (diluted)
PK
PK
UDR
UDR
Q4 25
$-1.04
$0.67
Q3 25
$-0.08
$0.12
Q2 25
$-0.02
$0.11
Q1 25
$-0.29
$0.23
Q4 24
$0.32
$-0.01
Q3 24
$0.26
$0.06
Q2 24
$0.30
$0.08
Q1 24
$0.13
$0.13

Balance Sheet & Financial Strength

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

Metric
PK
PK
UDR
UDR
Cash + ST InvestmentsLiquidity on hand
$232.0M
$1.2M
Total DebtLower is stronger
$3.9B
$5.8B
Stockholders' EquityBook value
$3.1B
$3.3B
Total Assets
$7.7B
$10.6B
Debt / EquityLower = less leverage
1.23×
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PK
PK
UDR
UDR
Q4 25
$232.0M
$1.2M
Q3 25
$278.0M
$1.2M
Q2 25
$319.0M
$1.5M
Q1 25
$233.0M
$1.3M
Q4 24
$402.0M
$1.3M
Q3 24
$480.0M
$2.3M
Q2 24
$449.0M
$2.8M
Q1 24
$378.0M
$2.1M
Total Debt
PK
PK
UDR
UDR
Q4 25
$3.9B
$5.8B
Q3 25
$3.9B
$5.8B
Q2 25
$3.9B
$5.8B
Q1 25
$3.9B
$5.8B
Q4 24
$3.9B
$5.8B
Q3 24
$3.9B
$5.9B
Q2 24
$3.9B
$5.8B
Q1 24
$3.8B
$5.8B
Stockholders' Equity
PK
PK
UDR
UDR
Q4 25
$3.1B
$3.3B
Q3 25
$3.4B
$3.3B
Q2 25
$3.4B
$3.3B
Q1 25
$3.5B
$3.3B
Q4 24
$3.6B
$3.4B
Q3 24
$3.8B
$3.5B
Q2 24
$3.8B
$3.7B
Q1 24
$3.8B
$3.9B
Total Assets
PK
PK
UDR
UDR
Q4 25
$7.7B
$10.6B
Q3 25
$8.8B
$10.6B
Q2 25
$8.9B
$10.6B
Q1 25
$8.9B
$10.7B
Q4 24
$9.2B
$10.9B
Q3 24
$9.2B
$11.1B
Q2 24
$9.2B
$11.1B
Q1 24
$9.1B
$11.2B
Debt / Equity
PK
PK
UDR
UDR
Q4 25
1.23×
1.77×
Q3 25
1.14×
1.78×
Q2 25
1.12×
1.74×
Q1 25
1.11×
1.74×
Q4 24
1.06×
1.69×
Q3 24
1.03×
1.67×
Q2 24
1.03×
1.55×
Q1 24
1.00×
1.47×

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
UDR
UDR
Operating Cash FlowLast quarter
$105.0M
$902.9M
Free Cash FlowOCF − Capex
$-3.0M
$650.0M
FCF MarginFCF / Revenue
-0.5%
150.1%
Capex IntensityCapex / Revenue
17.2%
58.4%
Cash ConversionOCF / Net Profit
4.05×
TTM Free Cash FlowTrailing 4 quarters
$102.0M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PK
PK
UDR
UDR
Q4 25
$105.0M
$902.9M
Q3 25
$99.0M
$234.9M
Q2 25
$108.0M
$250.3M
Q1 25
$86.0M
$156.2M
Q4 24
$80.0M
$876.8M
Q3 24
$140.0M
$230.3M
Q2 24
$117.0M
$238.5M
Q1 24
$92.0M
$167.6M
Free Cash Flow
PK
PK
UDR
UDR
Q4 25
$-3.0M
$650.0M
Q3 25
$31.0M
$164.6M
Q2 25
$65.0M
$190.1M
Q1 25
$9.0M
$103.2M
Q4 24
$17.0M
$627.0M
Q3 24
$97.0M
$161.3M
Q2 24
$66.0M
$171.1M
Q1 24
$22.0M
$115.0M
FCF Margin
PK
PK
UDR
UDR
Q4 25
-0.5%
150.1%
Q3 25
5.1%
38.1%
Q2 25
9.7%
44.7%
Q1 25
1.4%
24.5%
Q4 24
2.7%
148.3%
Q3 24
14.9%
38.4%
Q2 24
9.6%
41.2%
Q1 24
3.4%
27.8%
Capex Intensity
PK
PK
UDR
UDR
Q4 25
17.2%
58.4%
Q3 25
11.1%
16.3%
Q2 25
6.4%
14.2%
Q1 25
12.2%
12.6%
Q4 24
10.1%
59.1%
Q3 24
6.6%
16.4%
Q2 24
7.4%
16.2%
Q1 24
11.0%
12.7%
Cash Conversion
PK
PK
UDR
UDR
Q4 25
4.05×
Q3 25
5.81×
Q2 25
6.64×
Q1 25
2.04×
Q4 24
1.21×
Q3 24
2.59×
10.19×
Q2 24
1.83×
8.26×
Q1 24
3.29×
3.88×

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%

UDR
UDR

Segment breakdown not available.

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