Park Hotels & Resorts
PK
#3262
Rank
$3.38 B
Marketcap
$16.09
Share price
0.88%
Change (1 day)
24.34%
Change (1 year)

Operating Margin for Park Hotels & Resorts (PK)

Operating Margin as of May 2024 (TTM): 7.80%

According to Park Hotels & Resorts 's latest financial reports and stock price the company's current Operating Margin is 7.80%. At the end of 2022 the company had an Operating Margin of 6.92%.

Operating Margin history for Park Hotels & Resorts from 2015 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20226.92%-120.94%
2021-33.04%-80.59%
2020-170.19%-1478.96%
201912.34%-32.44%
201818.27%78.9%
201710.21%26%
20168.10%-47.76%
201515.51%30.82%
201411.86%10.22%
201310.76%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
1.87%-76.03%๐Ÿ‡บ๐Ÿ‡ธ USA
47.17% 504.74%๐Ÿ‡บ๐Ÿ‡ธ USA
49.66% 536.67%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.