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Side-by-side financial comparison of Park Hotels & Resorts Inc. (PK) and Bristow Group Inc. (VTOL). Click either name above to swap in a different company.

Park Hotels & Resorts Inc. is the larger business by last-quarter revenue ($630.0M vs $377.3M, roughly 1.7× Bristow Group Inc.). Bristow Group Inc. runs the higher net margin — 4.9% vs 1.9%, a 3.0% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -1.3%). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% 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.

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

PK vs VTOL — Head-to-Head

Bigger by revenue
PK
PK
1.7× larger
PK
$630.0M
$377.3M
VTOL
Growing faster (revenue YoY)
VTOL
VTOL
+8.0% gap
VTOL
6.7%
-1.3%
PK
Higher net margin
VTOL
VTOL
3.0% more per $
VTOL
4.9%
1.9%
PK
Faster 2-yr revenue CAGR
VTOL
VTOL
Annualised
VTOL
5.8%
-4.2%
PK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PK
PK
VTOL
VTOL
Revenue
$630.0M
$377.3M
Net Profit
$12.0M
$18.4M
Gross Margin
Operating Margin
9.8%
8.5%
Net Margin
1.9%
4.9%
Revenue YoY
-1.3%
6.7%
Net Profit YoY
121.1%
-42.1%
EPS (diluted)
$0.05
$0.61

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
VTOL
VTOL
Q1 26
$630.0M
Q4 25
$629.0M
$377.3M
Q3 25
$610.0M
$386.3M
Q2 25
$672.0M
$376.4M
Q1 25
$630.0M
$350.5M
Q4 24
$625.0M
$353.5M
Q3 24
$649.0M
$365.1M
Q2 24
$686.0M
$359.7M
Net Profit
PK
PK
VTOL
VTOL
Q1 26
$12.0M
Q4 25
$-205.0M
$18.4M
Q3 25
$-16.0M
$51.5M
Q2 25
$-5.0M
$31.7M
Q1 25
$-57.0M
$27.4M
Q4 24
$66.0M
$31.8M
Q3 24
$54.0M
$28.2M
Q2 24
$64.0M
$28.2M
Operating Margin
PK
PK
VTOL
VTOL
Q1 26
9.8%
Q4 25
-26.1%
8.5%
Q3 25
9.7%
13.1%
Q2 25
9.7%
11.3%
Q1 25
1.1%
9.6%
Q4 24
13.3%
9.0%
Q3 24
14.6%
9.1%
Q2 24
17.6%
12.4%
Net Margin
PK
PK
VTOL
VTOL
Q1 26
1.9%
Q4 25
-32.6%
4.9%
Q3 25
-2.6%
13.3%
Q2 25
-0.7%
8.4%
Q1 25
-9.0%
7.8%
Q4 24
10.6%
9.0%
Q3 24
8.3%
7.7%
Q2 24
9.3%
7.8%
EPS (diluted)
PK
PK
VTOL
VTOL
Q1 26
$0.05
Q4 25
$-1.04
$0.61
Q3 25
$-0.08
$1.72
Q2 25
$-0.02
$1.07
Q1 25
$-0.29
$0.92
Q4 24
$0.32
$1.07
Q3 24
$0.26
$0.95
Q2 24
$0.30
$0.96

Balance Sheet & Financial Strength

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

Metric
PK
PK
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$156.0M
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$3.1B
$1.1B
Total Assets
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PK
PK
VTOL
VTOL
Q1 26
$156.0M
Q4 25
$232.0M
$286.2M
Q3 25
$278.0M
$245.5M
Q2 25
$319.0M
$251.8M
Q1 25
$233.0M
$191.1M
Q4 24
$402.0M
$247.5M
Q3 24
$480.0M
$200.3M
Q2 24
$449.0M
$178.6M
Total Debt
PK
PK
VTOL
VTOL
Q1 26
Q4 25
$3.9B
$671.5M
Q3 25
$3.9B
$675.0M
Q2 25
$3.9B
$705.2M
Q1 25
$3.9B
$701.9M
Q4 24
$3.9B
$689.8M
Q3 24
$3.9B
$629.1M
Q2 24
$3.9B
$594.2M
Stockholders' Equity
PK
PK
VTOL
VTOL
Q1 26
$3.1B
Q4 25
$3.1B
$1.1B
Q3 25
$3.4B
$1.0B
Q2 25
$3.4B
$984.4M
Q1 25
$3.5B
$931.7M
Q4 24
$3.6B
$891.7M
Q3 24
$3.8B
$899.2M
Q2 24
$3.8B
$849.1M
Total Assets
PK
PK
VTOL
VTOL
Q1 26
Q4 25
$7.7B
$2.3B
Q3 25
$8.8B
$2.3B
Q2 25
$8.9B
$2.3B
Q1 25
$8.9B
$2.2B
Q4 24
$9.2B
$2.1B
Q3 24
$9.2B
$2.1B
Q2 24
$9.2B
$2.0B
Debt / Equity
PK
PK
VTOL
VTOL
Q1 26
Q4 25
1.23×
0.63×
Q3 25
1.14×
0.65×
Q2 25
1.12×
0.72×
Q1 25
1.11×
0.75×
Q4 24
1.06×
0.77×
Q3 24
1.03×
0.70×
Q2 24
1.03×
0.70×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$76.9M
Free Cash FlowOCF − Capex
$47.8M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PK
PK
VTOL
VTOL
Q1 26
Q4 25
$105.0M
$76.9M
Q3 25
$99.0M
$23.1M
Q2 25
$108.0M
$99.0M
Q1 25
$86.0M
$-603.0K
Q4 24
$80.0M
$51.1M
Q3 24
$140.0M
$66.0M
Q2 24
$117.0M
$33.7M
Free Cash Flow
PK
PK
VTOL
VTOL
Q1 26
Q4 25
$-3.0M
$47.8M
Q3 25
$31.0M
$-6.2M
Q2 25
$65.0M
$67.4M
Q1 25
$9.0M
$-52.7M
Q4 24
$17.0M
$-32.4M
Q3 24
$97.0M
$9.0M
Q2 24
$66.0M
$-16.7M
FCF Margin
PK
PK
VTOL
VTOL
Q1 26
Q4 25
-0.5%
12.7%
Q3 25
5.1%
-1.6%
Q2 25
9.7%
17.9%
Q1 25
1.4%
-15.0%
Q4 24
2.7%
-9.2%
Q3 24
14.9%
2.5%
Q2 24
9.6%
-4.6%
Capex Intensity
PK
PK
VTOL
VTOL
Q1 26
Q4 25
17.2%
7.7%
Q3 25
11.1%
7.6%
Q2 25
6.4%
8.4%
Q1 25
12.2%
14.9%
Q4 24
10.1%
23.6%
Q3 24
6.6%
15.6%
Q2 24
7.4%
14.0%
Cash Conversion
PK
PK
VTOL
VTOL
Q1 26
Q4 25
4.17×
Q3 25
0.45×
Q2 25
3.12×
Q1 25
-0.02×
Q4 24
1.21×
1.61×
Q3 24
2.59×
2.34×
Q2 24
1.83×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PK
PK

Comparable Hotel Revenues$617.0M98%
Other$13.0M2%

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

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