Park National (PRK) financial statements
Park National reported revenue of $664M in fiscal 2025, up 8.4% a year over 9 years.
Net income was $180M.
Free cash flow was $192M, and the company returned $20M in net buybacks.
The diluted share count rose 5% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Park National's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $322M | $330M | $368M | $395M | $453M | $460M | $514M | $564M | $646M | $664M |
| Interest expense | $38M | $43M | $44M | $63M | $30M | $16M | $31M | $99M | — | — |
| Pre-tax income | $123M | $118M | $131M | $125M | $155M | $188M | $180M | $154M | $185M | $221M |
| Income tax | $37M | $34M | $21M | $22M | $27M | $34M | $32M | $27M | $33M | $41M |
| Net income | $86M | $84M | $110M | $103M | $128M | $154M | $148M | $127M | $151M | $180M |
| EPS (diluted) | $5.59 | $5.47 | $7.07 | $6.29 | $7.80 | $9.37 | $9.06 | $7.80 | $9.32 | $11.11 |
| Diluted shares | 15M | 15M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M |
| Net margin | 26.7% | 25.5% | 30.0% | 26.0% | 28.2% | 33.5% | 28.9% | 22.5% | 23.5% | 27.1% |
Balance sheet
Fiscal years, from Park National's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $146M | $169M | $1.2B | $1.4B | $1.4B | $2.0B | $1.9B | $1.6B | $1.2B | $922M |
| Property, plant and equipment | $58M | $56M | $60M | $73M | $89M | $89M | $82M | $74M | $70M | $62M |
| Goodwill | $72M | $72M | $113M | $160M | $160M | $160M | $160M | $160M | $160M | $160M |
| Total assets | $7.5B | $7.5B | $7.8B | $8.6B | $9.3B | $9.6B | $9.9B | $9.8B | $9.8B | $9.8B |
| Total liabilities | $6.7B | $6.8B | $7.0B | $7.6B | $8.2B | $8.4B | $8.8B | $8.7B | $8.6B | $8.5B |
| Shareholders' equity | $742M | $756M | $833M | $969M | $1.0B | $1.1B | $1.1B | $1.1B | $1.2B | $1.4B |
| Net debt | -$146M | -$169M | -$167M | -$160M | -$370M | -$219M | $226M | $299M | $120M | -$152M |
Cash flow
Fiscal years, from Park National's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $88M | $87M | $132M | $112M | $112M | $157M | $137M | $151M | $179M | $198M |
| Capital spending | $7M | $7M | $12M | $15M | $29M | $14M | $8M | $8M | $9M | $6M |
| Free cash flow | $80M | $80M | $120M | $97M | $83M | $143M | $129M | $144M | $170M | $192M |
| Stock-based compensation | $3M | $4M | $5M | $6M | $7M | $8M | $7M | $8M | $8M | $9M |
| Share buybacks (net) | — | -$7M | -$6M | -$41M | -$8M | -$16M | $0 | -$23M | $0 | -$20M |
| Net borrowing | -$55M | -$204M | -$270M | -$228M | -$59M | -$136M | -$11M | $101M | -$238M | -$9M |
| Free cash flow margin | 25.0% | 24.1% | 32.7% | 24.5% | 18.3% | 31.1% | 25.0% | 25.4% | 26.3% | 28.9% |
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Open PRK in InvestinglyQuestions
What was Park National's revenue in 2025?
$664M in fiscal 2025, from its 10-K filing.
How much free cash flow does Park National generate?
$192M in fiscal 2025 (operating cash flow minus capital spending).
From Park National's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.