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

WEX Inc. is the larger business by last-quarter revenue ($652.7M vs $630.0M, roughly 1.0× Park Hotels & Resorts Inc.). WEX Inc. runs the higher net margin — 10.1% vs 1.9%, a 8.2% gap on every dollar of revenue. On growth, Park Hotels & Resorts Inc. posted the faster year-over-year revenue change (-1.3% vs -3.1%). Over the past eight quarters, WEX Inc.'s revenue compounded faster (16.8% 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.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

PK vs WEX — Head-to-Head

Bigger by revenue
WEX
WEX
1.0× larger
WEX
$652.7M
$630.0M
PK
Growing faster (revenue YoY)
PK
PK
+1.9% gap
PK
-1.3%
-3.1%
WEX
Higher net margin
WEX
WEX
8.2% more per $
WEX
10.1%
1.9%
PK
Faster 2-yr revenue CAGR
WEX
WEX
Annualised
WEX
16.8%
-4.2%
PK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PK
PK
WEX
WEX
Revenue
$630.0M
$652.7M
Net Profit
$12.0M
$65.8M
Gross Margin
Operating Margin
9.8%
25.2%
Net Margin
1.9%
10.1%
Revenue YoY
-1.3%
-3.1%
Net Profit YoY
121.1%
-15.3%
EPS (diluted)
$0.05

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
WEX
WEX
Q1 26
$630.0M
$652.7M
Q4 25
$629.0M
$465.1M
Q3 25
$610.0M
$481.6M
Q2 25
$672.0M
$454.4M
Q1 25
$630.0M
$444.3M
Q4 24
$625.0M
$440.3M
Q3 24
$649.0M
$479.0M
Q2 24
$686.0M
$478.6M
Net Profit
PK
PK
WEX
WEX
Q1 26
$12.0M
$65.8M
Q4 25
$-205.0M
$84.2M
Q3 25
$-16.0M
$80.3M
Q2 25
$-5.0M
$68.1M
Q1 25
$-57.0M
$71.5M
Q4 24
$66.0M
$63.9M
Q3 24
$54.0M
$102.9M
Q2 24
$64.0M
$77.0M
Gross Margin
PK
PK
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
43.0%
Q2 25
40.0%
Q1 25
39.2%
Q4 24
41.5%
Q3 24
48.0%
Q2 24
44.9%
Operating Margin
PK
PK
WEX
WEX
Q1 26
9.8%
25.2%
Q4 25
-26.1%
35.7%
Q3 25
9.7%
38.1%
Q2 25
9.7%
34.5%
Q1 25
1.1%
35.4%
Q4 24
13.3%
35.7%
Q3 24
14.6%
41.0%
Q2 24
17.6%
35.1%
Net Margin
PK
PK
WEX
WEX
Q1 26
1.9%
10.1%
Q4 25
-32.6%
18.1%
Q3 25
-2.6%
16.7%
Q2 25
-0.7%
15.0%
Q1 25
-9.0%
16.1%
Q4 24
10.6%
14.5%
Q3 24
8.3%
21.5%
Q2 24
9.3%
16.1%
EPS (diluted)
PK
PK
WEX
WEX
Q1 26
$0.05
Q4 25
$-1.04
$2.38
Q3 25
$-0.08
$2.30
Q2 25
$-0.02
$1.98
Q1 25
$-0.29
$1.81
Q4 24
$0.32
$1.60
Q3 24
$0.26
$2.52
Q2 24
$0.30
$1.83

Balance Sheet & Financial Strength

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

Metric
PK
PK
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$156.0M
$780.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.1B
Total Assets
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PK
PK
WEX
WEX
Q1 26
$156.0M
$780.0M
Q4 25
$232.0M
$5.2B
Q3 25
$278.0M
$4.9B
Q2 25
$319.0M
$4.9B
Q1 25
$233.0M
$4.4B
Q4 24
$402.0M
$4.4B
Q3 24
$480.0M
$4.3B
Q2 24
$449.0M
$4.0B
Total Debt
PK
PK
WEX
WEX
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
Stockholders' Equity
PK
PK
WEX
WEX
Q1 26
$3.1B
Q4 25
$3.1B
$1.2B
Q3 25
$3.4B
$1.1B
Q2 25
$3.4B
$978.7M
Q1 25
$3.5B
$810.4M
Q4 24
$3.6B
$1.5B
Q3 24
$3.8B
$1.7B
Q2 24
$3.8B
$1.8B
Total Assets
PK
PK
WEX
WEX
Q1 26
Q4 25
$7.7B
$14.4B
Q3 25
$8.8B
$14.4B
Q2 25
$8.9B
$14.7B
Q1 25
$8.9B
$14.0B
Q4 24
$9.2B
$13.3B
Q3 24
$9.2B
$14.0B
Q2 24
$9.2B
$14.2B
Debt / Equity
PK
PK
WEX
WEX
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
PK
PK
WEX
WEX
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-9.2M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PK
PK
WEX
WEX
Q1 26
Q4 25
$105.0M
$294.7M
Q3 25
$99.0M
$376.6M
Q2 25
$108.0M
$264.6M
Q1 25
$86.0M
$-481.6M
Q4 24
$80.0M
$638.4M
Q3 24
$140.0M
$3.3M
Q2 24
$117.0M
$-7.0M
Free Cash Flow
PK
PK
WEX
WEX
Q1 26
$-9.2M
Q4 25
$-3.0M
$256.3M
Q3 25
$31.0M
$341.6M
Q2 25
$65.0M
$230.0M
Q1 25
$9.0M
$-514.2M
Q4 24
$17.0M
$599.7M
Q3 24
$97.0M
$-31.7M
Q2 24
$66.0M
$-46.6M
FCF Margin
PK
PK
WEX
WEX
Q1 26
-1.4%
Q4 25
-0.5%
55.1%
Q3 25
5.1%
70.9%
Q2 25
9.7%
50.6%
Q1 25
1.4%
-115.7%
Q4 24
2.7%
136.2%
Q3 24
14.9%
-6.6%
Q2 24
9.6%
-9.7%
Capex Intensity
PK
PK
WEX
WEX
Q1 26
5.2%
Q4 25
17.2%
8.3%
Q3 25
11.1%
7.3%
Q2 25
6.4%
7.6%
Q1 25
12.2%
7.3%
Q4 24
10.1%
8.8%
Q3 24
6.6%
7.3%
Q2 24
7.4%
8.3%
Cash Conversion
PK
PK
WEX
WEX
Q1 26
Q4 25
3.50×
Q3 25
4.69×
Q2 25
3.89×
Q1 25
-6.74×
Q4 24
1.21×
9.99×
Q3 24
2.59×
0.03×
Q2 24
1.83×
-0.09×

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%

WEX
WEX

Segment breakdown not available.

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