Extended Stay America, Inc. (STAY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11525 N. COMMUNITY HOUSE ROAD, SUITE 100 CHARLOTTE, NC 28277 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 397 | 347 | 287 | 113 | 84 | 373 | |||
| Cash and cash equivalent | 397 | 347 | 287 | 113 | 84 | 373 | |||
| Intangible current assets | 79 | 79 | 74 | 76 | 82 | 83 | |||
| Total current assets: | 476 | 426 | 361 | 189 | 166 | 456 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 4 | 4 | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 3 | 5 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 3,446 | 3,494 | 3,454 | 3,753 | 3,905 | 3,921 | |||
| Intangible assets, net (including goodwill) | 79 | 79 | 74 | 76 | 82 | 83 | |||
| Goodwill | 45 | 45 | 45 | 49 | 54 | 54 | |||
| Intangible assets, net (excluding goodwill) | 34 | 34 | 29 | 27 | 28 | 30 | |||
| Deferred income tax assets | 16 | ✕ | ✕ | ✕ | ✕ | ||||
| Total noncurrent assets: | 3,532 | 3,598 | 3,528 | 3,829 | 3,987 | 4,005 | |||
| Other undisclosed assets | 81 | 6 | 35 | 58 | 27 | 68 | |||
| TOTAL ASSETS: | 4,089 | 4,031 | 3,924 | 4,076 | 4,180 | 4,529 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 11 | ||||||||
| Deferred income tax liabilities | 11 | ✕ | ✕ | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 11 | ||||||||
| Other undisclosed liabilities | 2,940 | 2,854 | 2,614 | 2,730 | 2,803 | 3,041 | |||
| Total liabilities: | 2,952 | 2,854 | 2,614 | 2,730 | 2,803 | 3,041 | |||
| Equity | |||||||||
| Equity, attributable to parent | 683 | 696 | 786 | 781 | 795 | 880 | |||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Additional paid in capital | 726 | 742 | 749 | 769 | 775 | 784 | |||
| Accumulated other comprehensive income (loss) | (0) | 0 | 2 | 3 | (6) | (9) | |||
| Retained earnings (accumulated deficit) | (45) | (48) | 32 | 7 | 24 | 102 | |||
| Other undisclosed equity | 455 | 480 | 525 | 565 | 582 | 609 | |||
| Total equity: | 1,137 | 1,176 | 1,311 | 1,346 | 1,377 | 1,488 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,089 | 4,031 | 3,924 | 4,076 | 4,180 | 4,529 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,042 | 1,218 | 1,275 | 1,283 | 1,271 | 1,285 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,283 | 1,271 | 1,285 | |
| Cost of revenue (Cost of Product and Service Sold) | (577) | (582) | (586) | (581) | (604) | |||
| Gross profit: | 466 | 636 | 1,275 | 697 | 690 | 681 | ||
| Operating expenses | (896) | (940) | (935) | (910) | (916) | |||
| Other undisclosed operating income (loss) | (264) | 582 | 43 | 598 | 581 | 735 | ||
| Operating income: | 202 | 322 | 378 | 361 | 361 | 500 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 0 | 0 | 1 | 0 | 2 | (3) | ||
| Interest and debt expense | (130) | (128) | (125) | (130) | (20) | (138) | ||
| Income from continuing operations before equity method investments, income taxes: | 72 | 194 | 254 | 232 | 342 | 360 | ||
| Other undisclosed loss from continuing operations before income taxes | (145) | |||||||
| Income from continuing operations before income taxes: | 72 | 194 | 254 | 232 | 198 | 360 | ||
| Income tax expense (benefit) | 25 | (29) | (42) | (60) | (34) | (77) | ||
| Income from continuing operations: | 96 | 165 | 212 | 172 | 163 | 283 | ||
| Income before gain (loss) on sale of properties: | ✕ | 96 | 165 | 212 | 172 | 163 | 283 | |
| Net income: | 96 | 165 | 212 | 172 | 163 | 283 | ||
| Net loss attributable to noncontrolling interest | (73) | (95) | (99) | (93) | (93) | (170) | ||
| Net income available to common stockholders, basic: | 23 | 70 | 113 | 79 | 70 | 113 | ||
| Dilutive securities, effect on basic earnings per share | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Net income available to common stockholders, diluted: | 23 | 70 | 113 | 78 | 70 | 113 | ||
Comprehensive Income ($ in millions)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 96 | 165 | 212 | 172 | 163 | 283 | ||
| Other comprehensive income (loss) | 0 | (2) | ||||||
| Other undisclosed comprehensive income (loss) | (1) | (4) | (0) | 13 | 8 | (6) | ||
| Comprehensive income: | 95 | 161 | 211 | 186 | 169 | 277 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (72) | (93) | (99) | (98) | (96) | (167) | ||
| Comprehensive income, net of tax, attributable to parent: | 23 | 68 | 113 | 88 | 73 | 110 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.