Park Hotels & Resorts (PK) Cost of Revenue (2017 - 2026)
Park Hotels & Resorts' Cost of Revenue came in at $448 million for Q2 2026, down 2.2% from $458 million a year earlier but up 0.2% from the prior quarter.
Park Hotels & Resorts (PK) Cost of Revenue (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Park Hotels & Resorts reported Cost of Revenue of $1.79 billion, down 2.5% year-over-year; for FY2025, it was $1.81 billion, down 1.4% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $1.83 billion in FY2024 (-5.0%), $1.93 billion in FY2023 (+7.3%), $1.8 billion in FY2022 (+90.3%) and $944 million in FY2021 (+30.2%).
- The five-year range for quarterly Cost of Revenue is $258 million (Q3 2021) to $640 million (Q4 2022).
- Year-over-year, Cost of Revenue has declined for five consecutive quarters, with an average decline of 3.9% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2021 (growth of 212.5%), and the weakest in Q4 2024 (a decline of 27.4%).
- Business Quant data shows PK's Cost of Revenue at $447 million (Q1 2026), $444 million (Q4 2025) and $446 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | 2.15 Bn |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | 231.72 Mn |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 7.40 Mn |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | - |
| 10 | Park Hotels & Resorts | 3.12 Bn | 2.14 Bn | 232.00 Mn | 448.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 448.00 Mn |
| Mar 31, 2026 | 447.00 Mn |
| Dec 31, 2025 | 444.00 Mn |
| Sep 30, 2025 | 446.00 Mn |
| Jun 30, 2025 | 458.00 Mn |
| Mar 31, 2025 | 457.00 Mn |
| Dec 31, 2024 | 456.00 Mn |
| Sep 30, 2024 | 460.00 Mn |
| Jun 30, 2024 | 465.00 Mn |
| Mar 31, 2024 | 449.00 Mn |
| Dec 31, 2023 | 628.00 Mn |
| Sep 30, 2023 | 433.00 Mn |
| Jun 30, 2023 | 444.00 Mn |
| Mar 31, 2023 | 422.00 Mn |
| Dec 31, 2022 | 640.00 Mn |
| Sep 30, 2022 | 422.00 Mn |
| Jun 30, 2022 | 375.00 Mn |
| Mar 31, 2022 | 305.00 Mn |
| Dec 31, 2021 | 350.00 Mn |
| Sep 30, 2021 | 258.00 Mn |
Park Hotels & Resorts Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();