DRH vs PK: Diamondrock Hospitality and Park Hotels & Resorts compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Park Hotels & Resorts is the larger company, worth $3.1B, about 1.2 times Diamondrock Hospitality.
- Diamondrock Hospitality grew revenue faster over the last year (+4.1% vs +1.2%).
- Diamondrock Hospitality keeps more of each dollar of revenue as operating profit (16.2% vs 2.0%).
- Park Hotels & Resorts's price assumes faster free cash flow growth: about 11% a year, against 2% for Diamondrock Hospitality (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | DRH | PK |
|---|---|---|
| Market cap | $2.5B | $3.1B |
| Share price | $12.62 | $15.17 |
| Revenue (last fiscal year) | $1.1B | $2.5B |
| Free cash flow (last fiscal year) | $162M | $102M |
| Revenue growth, last year | +4.1% | +1.2% |
| Revenue growth per year, last 5 fiscal years | +18.6% | +16.9% |
| Operating margin | 16.2% | 2.0% |
| Net margin | 13.5% | -6.4% |
| Return on equity | 10.1% | -5.3% |
| P/E (trailing) | 27.0x | — |
| Price / free cash flow | 15.7x | 30.8x |
| EV / EBITDA | 13.9x | 20.8x |
| FCF growth the price implies | 1.8% | 10.6% |
| Dividend yield | 2.6% | 6.5% |
| Debt / equity | 1.01x | 1.51x |
| Fundamental grade | C | F |
| Superinvestors holding it | 3 | 4 |
| Insider purchases, last 12 months | 0 | 1 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Diamondrock Hospitality
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $567M | — | -27.5% |
| 2022 | $1.0B | $139M | 16.2% |
| 2023 | $1.1B | $151M | 13.9% |
| 2024 | $1.1B | $143M | 9.8% |
| 2025 | $1.1B | $162M | 14.5% |
Park Hotels & Resorts
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.4B | -$191M | -13.1% |
| 2022 | $2.5B | $241M | 11.8% |
| 2023 | $2.7B | $218M | 12.7% |
| 2024 | $2.6B | $202M | 15.0% |
| 2025 | $2.5B | $102M | -1.3% |
Where the revenue comes from
Diamondrock Hospitality · by products, 2025
Rooms$729M65%
Food and beverage$282M25%
Other$110M10%
Park Hotels & Resorts · by segments, 2023
Total consolidated hotel revenues$2.6B97%
Other revenues$85M3%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open DRH in InvestinglyQuestions
Which is bigger, Diamondrock Hospitality or Park Hotels & Resorts?
Park Hotels & Resorts (PK), at $3.1B against $2.5B.
Which grows faster, DRH or PK?
Diamondrock Hospitality: revenue grew +4.1% over the last year, against +1.2%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.