Park Hotels & Resorts Inc.

Park Hotels & Resorts Inc. reported a net loss attributable to stockholders of $283 million for fiscal year 2025, driven by significant impairment and casualty losses of $319 million. Total revenues were $2.54 billion, while total expenses reached $2.63 billion, resulting in an operating loss of $33 million. The company generated strong operating cash flow of $398 million, which was used to fund capital expenditures of $296 million, pay dividends of $280 million, and repurchase $45 million of common stock. Despite the net loss, the balance sheet shows total assets of $7.70 billion with stockholders' equity of $3.13 billion and total debt of $3.84 billion. The company ended the year with $939 million in cash and cash equivalents and restricted cash.

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