Park Hotels & Resorts
PK
#3575
Rank
โ‚ฌ2.89 B
Marketcap
14,03ย โ‚ฌ
Share price
3.66%
Change (1 day)
5.51%
Change (1 year)

Operating Margin for Park Hotels & Resorts (PK)

Operating Margin as of November 2024 (TTM): 23.17%

According to Park Hotels & Resorts 's latest financial reports and stock price the company's current Operating Margin is 23.17%. At the end of 2023 the company had an Operating Margin of 5.34%.

Operating Margin history for Park Hotels & Resorts from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.34%-22.84%
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
-0.75%-103.24%๐Ÿ‡บ๐Ÿ‡ธ USA
33.00% 42.43%๐Ÿ‡บ๐Ÿ‡ธ USA
26.91% 16.14%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.