Park Hotels & Resorts Inc. (PK) vs Terreno Realty Corporation (TRNO)
A side-by-side comparison of Park Hotels & Resorts Inc. and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
Total return — PK vs TRNO
growth of $100 · dividends reinvested · last 10yPK vs TRNO: by the numbers
- •TRNO is the larger company ($6.88B vs $3.12B market cap).
- •TRNO is profitable (77.27% net margin) while PK runs a net loss (-6.41%).
- •PK grew revenue faster over the past five years (29.46% vs 20.25% CAGR).
- •PK pays the higher dividend yield (6.46% vs 3.25%).
Metrics side by side
Valuation
| Metric | PK | TRNO |
|---|---|---|
| P/E ratio | N/A | 17.39 |
| Forward P/E | 33.97 | 30.65 |
| PEG ratio | N/A | 0.49 |
| P/S ratio | 1.23 | 13.67 |
| P/B ratio | 1.01 | 1.55 |
| EV / EBITDA | 11.30 | 23.63 |
| FCF yield | N/A | 2.70% |
For REITs like Park Hotels & Resorts Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Terreno Realty Corporation, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | PK | TRNO |
|---|---|---|
| Gross margin | 1.97% | 75.84% |
| Operating margin | 13.42% | 41.42% |
| Net margin | -6.41% | 77.27% |
| ROE | -5.28% | 8.77% |
| ROIC | 4.43% | 3.65% |
Dividends
| Metric | PK | TRNO |
|---|---|---|
| Dividend yield | 6.46% | 3.25% |
| Payout ratio | N/A | 55.91% |
Park Hotels & Resorts Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Terreno Realty Corporation's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | PK | TRNO |
|---|---|---|
| Revenue CAGR (5Y) | 29.46% | 20.25% |
| EPS CAGR (5Y) | N/A | 35.52% |
| FCF CAGR (5Y) | N/A | 18.95% |
| Total return CAGR (5Y) | 0.95% | 2.99% |
Frequently asked
- Which has grown faster, PK or TRNO?
- Over the past five years, PK grew revenue faster — PK at a 29.46% CAGR versus TRNO at 20.25%.
- Does PK or TRNO pay a bigger dividend?
- PK yields 6.46% and TRNO yields 3.25% based on trailing dividends and the latest price.
- Is PK or TRNO more profitable?
- TRNO runs the higher net margin — PK at -6.41% versus TRNO at 77.27%.
- How have PK and TRNO total returns compared?
- Over the past 5 years, PK delivered 0.95% and TRNO delivered 2.99% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Park Hotels & Resorts & Terreno Realty appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.