PKPark Hotels & Resorts Inc.

$15.93

Is it safe?

Can PK take a bad year?

Park Hotels & Resorts Inc. carries $3.70B of net debt at 10.5× EBITDA: a heavy load to carry through a bad year.

$3.70B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
10.5×

Net debt / EBITDA · 6.40× a year ago · the load is going up

Debt / equity
1.25×

Debt / equity

Annualised volatility
34%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$3.85B
Cash and short-term investments
$156M
Net debt
$3.70B
EBITDA, trailing twelve months
$353M
Operating profit, trailing twelve months
$22M
Debt / equity
1.25×
Total debt / EBITDA
10.9×
Annualised volatilitytwo years of daily moves
34%
Worst drawdown on file
−84%
Below its 52-week high
−1.4%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.