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

DENTSPLY SIRONA Inc. is the larger business by last-quarter revenue ($961.0M vs $630.0M, roughly 1.5× Park Hotels & Resorts Inc.). Park Hotels & Resorts Inc. runs the higher net margin — 1.9% vs -15.2%, a 17.1% gap on every dollar of revenue. On growth, DENTSPLY SIRONA Inc. posted the faster year-over-year revenue change (6.2% vs -1.3%). Over the past eight quarters, DENTSPLY SIRONA Inc.'s revenue compounded faster (0.4% 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.

Dentsply Sirona Inc. is an American dental equipment manufacturer and dental consumables producer that markets its products in over 120 countries. It has factories in 21 countries. The present company is largely the result of a merger in 1993 in which Gendex Corporation acquired Dentsply International Inc. for $590 million.

PK vs XRAY — Head-to-Head

Bigger by revenue
XRAY
XRAY
1.5× larger
XRAY
$961.0M
$630.0M
PK
Growing faster (revenue YoY)
XRAY
XRAY
+7.5% gap
XRAY
6.2%
-1.3%
PK
Higher net margin
PK
PK
17.1% more per $
PK
1.9%
-15.2%
XRAY
Faster 2-yr revenue CAGR
XRAY
XRAY
Annualised
XRAY
0.4%
-4.2%
PK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PK
PK
XRAY
XRAY
Revenue
$630.0M
$961.0M
Net Profit
$12.0M
$-146.0M
Gross Margin
46.1%
Operating Margin
9.8%
-14.5%
Net Margin
1.9%
-15.2%
Revenue YoY
-1.3%
6.2%
Net Profit YoY
121.1%
66.0%
EPS (diluted)
$0.05
$-0.74

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
XRAY
XRAY
Q1 26
$630.0M
Q4 25
$629.0M
$961.0M
Q3 25
$610.0M
$904.0M
Q2 25
$672.0M
$936.0M
Q1 25
$630.0M
$879.0M
Q4 24
$625.0M
$905.0M
Q3 24
$649.0M
$951.0M
Q2 24
$686.0M
$984.0M
Net Profit
PK
PK
XRAY
XRAY
Q1 26
$12.0M
Q4 25
$-205.0M
$-146.0M
Q3 25
$-16.0M
$-427.0M
Q2 25
$-5.0M
$-45.0M
Q1 25
$-57.0M
$20.0M
Q4 24
$66.0M
$-430.0M
Q3 24
$54.0M
$-494.0M
Q2 24
$64.0M
$-4.0M
Gross Margin
PK
PK
XRAY
XRAY
Q1 26
Q4 25
46.1%
Q3 25
48.8%
Q2 25
52.4%
Q1 25
53.0%
Q4 24
49.3%
Q3 24
52.1%
Q2 24
51.9%
Operating Margin
PK
PK
XRAY
XRAY
Q1 26
9.8%
Q4 25
-26.1%
-14.5%
Q3 25
9.7%
-24.1%
Q2 25
9.7%
-13.7%
Q1 25
1.1%
7.2%
Q4 24
13.3%
-56.2%
Q3 24
14.6%
-48.6%
Q2 24
17.6%
5.1%
Net Margin
PK
PK
XRAY
XRAY
Q1 26
1.9%
Q4 25
-32.6%
-15.2%
Q3 25
-2.6%
-47.2%
Q2 25
-0.7%
-4.8%
Q1 25
-9.0%
2.3%
Q4 24
10.6%
-47.5%
Q3 24
8.3%
-51.9%
Q2 24
9.3%
-0.4%
EPS (diluted)
PK
PK
XRAY
XRAY
Q1 26
$0.05
Q4 25
$-1.04
$-0.74
Q3 25
$-0.08
$-2.14
Q2 25
$-0.02
$-0.22
Q1 25
$-0.29
$0.10
Q4 24
$0.32
$-2.09
Q3 24
$0.26
$-2.46
Q2 24
$0.30
$-0.02

Balance Sheet & Financial Strength

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

Metric
PK
PK
XRAY
XRAY
Cash + ST InvestmentsLiquidity on hand
$156.0M
$326.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$3.1B
$1.3B
Total Assets
$5.4B
Debt / EquityLower = less leverage
1.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PK
PK
XRAY
XRAY
Q1 26
$156.0M
Q4 25
$232.0M
$326.0M
Q3 25
$278.0M
$363.0M
Q2 25
$319.0M
$359.0M
Q1 25
$233.0M
$398.0M
Q4 24
$402.0M
$272.0M
Q3 24
$480.0M
$296.0M
Q2 24
$449.0M
$279.0M
Total Debt
PK
PK
XRAY
XRAY
Q1 26
Q4 25
$3.9B
$2.3B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$3.9B
$1.7B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
PK
PK
XRAY
XRAY
Q1 26
$3.1B
Q4 25
$3.1B
$1.3B
Q3 25
$3.4B
$1.5B
Q2 25
$3.4B
$2.0B
Q1 25
$3.5B
$2.0B
Q4 24
$3.6B
$1.9B
Q3 24
$3.8B
$2.5B
Q2 24
$3.8B
$3.1B
Total Assets
PK
PK
XRAY
XRAY
Q1 26
Q4 25
$7.7B
$5.4B
Q3 25
$8.8B
$5.7B
Q2 25
$8.9B
$6.1B
Q1 25
$8.9B
$6.0B
Q4 24
$9.2B
$5.8B
Q3 24
$9.2B
$6.6B
Q2 24
$9.2B
$6.9B
Debt / Equity
PK
PK
XRAY
XRAY
Q1 26
Q4 25
1.23×
1.70×
Q3 25
1.14×
Q2 25
1.12×
Q1 25
1.11×
Q4 24
1.06×
0.90×
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
XRAY
XRAY
Operating Cash FlowLast quarter
$101.0M
Free Cash FlowOCF − Capex
$60.0M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$104.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PK
PK
XRAY
XRAY
Q1 26
Q4 25
$105.0M
$101.0M
Q3 25
$99.0M
$79.0M
Q2 25
$108.0M
$48.0M
Q1 25
$86.0M
$7.0M
Q4 24
$80.0M
$87.0M
Q3 24
$140.0M
$141.0M
Q2 24
$117.0M
$208.0M
Free Cash Flow
PK
PK
XRAY
XRAY
Q1 26
Q4 25
$-3.0M
$60.0M
Q3 25
$31.0M
$40.0M
Q2 25
$65.0M
$16.0M
Q1 25
$9.0M
$-12.0M
Q4 24
$17.0M
$36.0M
Q3 24
$97.0M
$98.0M
Q2 24
$66.0M
$156.0M
FCF Margin
PK
PK
XRAY
XRAY
Q1 26
Q4 25
-0.5%
6.2%
Q3 25
5.1%
4.4%
Q2 25
9.7%
1.7%
Q1 25
1.4%
-1.4%
Q4 24
2.7%
4.0%
Q3 24
14.9%
10.3%
Q2 24
9.6%
15.9%
Capex Intensity
PK
PK
XRAY
XRAY
Q1 26
Q4 25
17.2%
4.3%
Q3 25
11.1%
4.3%
Q2 25
6.4%
3.4%
Q1 25
12.2%
2.2%
Q4 24
10.1%
5.6%
Q3 24
6.6%
4.5%
Q2 24
7.4%
5.3%
Cash Conversion
PK
PK
XRAY
XRAY
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.35×
Q4 24
1.21×
Q3 24
2.59×
Q2 24
1.83×

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%

XRAY
XRAY

Essential Dental Solutions$372.0M39%
Equipment And Instruments$160.0M17%
Implants And Prosthetics$150.0M16%
CADCAM$139.0M14%
Wellspect Healthcare$88.0M9%
Orthodontics$52.0M5%

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