Park National Financials
This page shows Park National (PRK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Park National’s recent improvement comes from earning more on a largely unchanged balance sheet while steadily reducing leverage and funding strain.
With total assets still near$9.8B , net income reached$180.1M , so the earnings gain did not require a bigger balance sheet or major asset growth. At the same time, debt-to-equity fell to 6.2x and interest expense dropped to$107.2M , indicating the rebound came partly from a less burdened funding structure as equity accumulated.
Most recently, operating cash flow of
Over the last two years, net profit margin improved from
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Park National's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Park National's revenue grew a modest 2.9% year-over-year to $664.4M. This slow but positive growth earns a score of 48/100.
Park National has elevated debt relative to equity (D/E of 6.25), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Park National converts 28.9% of revenue into free cash flow ($191.9M). This strong cash generation earns a score of 94/100.
Park National's ROE of 13.3% shows moderate profitability relative to equity, earning a score of 39/100. This is up from 12.2% the prior year.
Park National passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Park National generates $1.10 in operating cash flow ($198.3M OCF vs $180.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Park National generated $664.4M in revenue in fiscal year 2025. This represents an increase of 2.9% from the prior year.
Park National reported $180.1M in net income in fiscal year 2025. This represents an increase of 18.9% from the prior year.
Park National earned $11.11 per diluted share (EPS) in fiscal year 2025. This represents an increase of 19.2% from the prior year.
Cash & Balance Sheet
Park National generated $191.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 13.1% from the prior year.
Park National held $233.5M in cash against $0 in long-term debt as of fiscal year 2025.
Park National paid $5.53 per share in dividends in fiscal year 2025. This represents an increase of 16.7% from the prior year.
Margins & Returns
Park National's net profit margin was 27.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.6 percentage points from the prior year.
Park National's ROE was 13.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.
Capital Allocation
Park National spent $20.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Park National invested $6.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 30.6% from the prior year.
PRK Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $188.5M+12.0% | $168.3M-0.7% | $169.5M+0.5% | $168.7M+6.8% | $157.9M-4.1% | $164.7M-3.3% | $170.3M+8.0% | $157.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $45.6M+15.9% | $39.3M+1.7% | $38.6M+0.2% | $38.6M+6.5% | $36.2M-2.8% | $37.3M-2.9% | $38.4M+6.7% | $36.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $29.0M+21.0% | $24.0M-14.2% | $27.9M+1.6% | $27.5M-1.1% | $27.8M-7.8% | $30.2M-7.7% | $32.7M+5.2% | $31.1M |
| Income Tax | $10.0M-0.5% | $10.0M-8.3% | $10.9M-2.6% | $11.2M+24.1% | $9.0M+3.9% | $8.7M+3.2% | $8.4M-5.9% | $9.0M |
| Net Income | $41.7M-2.2% | $42.6M-9.6% | $47.2M-2.0% | $48.1M+14.1% | $42.2M+9.1% | $38.6M+1.1% | $38.2M-2.9% | $39.4M |
| EPS (Diluted) | $2.39 | N/A | $2.92-1.7% | $2.97+14.2% | $2.60 | N/A | $2.35-2.9% | $2.42 |
PRK Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.0B+32.4% | $9.8B-0.6% | $9.9B-0.9% | $9.9B+0.6% | $9.9B+0.8% | $9.8B-1.0% | $9.9B-0.2% | $9.9B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $983.1M+321.0% | $233.5M+6.7% | $218.9M+13.4% | $193.1M-18.7% | $237.6M+48.0% | $160.6M-20.4% | $201.7M-22.9% | $261.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $263.4M+65.1% | $159.6M0.0% | $159.6M0.0% | $159.6M0.0% | $159.6M0.0% | $159.6M0.0% | $159.6M0.0% | $159.6M |
| Total Liabilities | $11.3B+33.5% | $8.5B-0.9% | $8.5B-1.4% | $8.7B+0.6% | $8.6B+0.5% | $8.6B-1.2% | $8.7B-0.8% | $8.7B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.7B+25.6% | $1.4B+1.6% | $1.3B+2.9% | $1.3B+1.2% | $1.3B+2.8% | $1.2B+0.4% | $1.2B+4.7% | $1.2B |
| Retained Earnings | $1.1B+2.1% | $1.1B+0.5% | $1.1B+2.9% | $1.0B+3.1% | $1.0B+2.5% | $977.6M+1.4% | $964.0M+2.2% | $943.1M |
PRK Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $30.9M-47.0% | $58.2M+10.7% | $52.6M+5.5% | $49.8M+32.3% | $37.7M-23.4% | $49.2M+12.5% | $43.8M-14.0% | $50.9M |
| Capital Expenditures | $4.3M+71.9% | $2.5M+65.3% | $1.5M+14.1% | $1.3M+22.2% | $1.1M-48.5% | $2.1M+0.1% | $2.1M+12.1% | $1.9M |
| Free Cash Flow | $26.6M-52.3% | $55.7M+9.1% | $51.1M+5.2% | $48.5M+32.6% | $36.6M-22.3% | $47.1M+13.1% | $41.7M-15.0% | $49.0M |
| Investing Cash Flow | $286.0M+274.8% | $76.3M-27.9% | $105.8M+198.8% | -$107.1M-1059.2% | $11.2M-66.2% | $33.0M+390.7% | -$11.4M+84.4% | -$72.9M |
| Financing Cash Flow | $432.7M+460.8% | -$119.9M+9.5% | -$132.6M-1137.2% | $12.8M-54.7% | $28.2M+122.9% | -$123.4M-33.8% | -$92.2M-307.6% | -$22.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $0 | $0 | N/A | N/A | $0 | $0 | $0 |
PRK Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 22.1%-3.2pp | 25.3%-2.5pp | 27.8%-0.7pp | 28.5%+1.8pp | 26.7%+3.2pp | 23.5%+1.0pp | 22.4%-2.5pp | 25.0% |
| Return on Equity | 2.5%-0.7pp | 3.1%-0.4pp | 3.5%-0.2pp | 3.7%+0.4pp | 3.3%+0.2pp | 3.1%+0.0pp | 3.1%-0.3pp | 3.3% |
| Return on Assets | 0.3%-0.1pp | 0.4%-0.0pp | 0.5%0.0pp | 0.5%+0.0pp | 0.4%+0.0pp | 0.4%0.0pp | 0.4%-0.0pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 6.64+0.4 | 6.25-0.2 | 6.41-0.3 | 6.69-0.0 | 6.73-0.2 | 6.88-0.1 | 6.99-0.4 | 7.38 |
| FCF Margin | 14.1%-19.0pp | 33.1%+3.0pp | 30.1%+1.4pp | 28.8%+5.6pp | 23.2%-5.4pp | 28.6%+4.2pp | 24.5%-6.6pp | 31.1% |
Similar Companies
Frequently Asked Questions
What is Park National's annual revenue?
Park National (PRK) reported $664.4M in total revenue for fiscal year 2025. This represents a 2.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Park National's revenue growing?
Park National (PRK) revenue grew by 2.9% year-over-year, from $645.6M to $664.4M in fiscal year 2025.
Is Park National profitable?
Yes, Park National (PRK) reported a net income of $180.1M in fiscal year 2025, with a net profit margin of 27.1%.
What is Park National's net profit margin?
Park National (PRK) had a net profit margin of 27.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Park National pay dividends?
Yes, Park National (PRK) paid $5.53 per share in dividends during fiscal year 2025.
What is Park National's return on equity (ROE)?
Park National (PRK) has a return on equity of 13.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Park National's free cash flow?
Park National (PRK) generated $191.9M in free cash flow during fiscal year 2025. This represents a 13.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Park National's operating cash flow?
Park National (PRK) generated $198.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Park National's total assets?
Park National (PRK) had $9.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Park National's capital expenditures?
Park National (PRK) invested $6.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Park National's debt-to-equity ratio?
Park National (PRK) had a debt-to-equity ratio of 6.25 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Park National's return on assets (ROA)?
Park National (PRK) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Park National's Piotroski F-Score?
Park National (PRK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Park National's earnings high quality?
Park National (PRK) has an earnings quality ratio of 1.10x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Park National?
Park National (PRK) scores 30 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.