Extended Stay America, Inc. (STAY) financial statements (2021 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
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments39734728711384373121
Cash and cash equivalents39734728711384373121
Intangible current assets79797476828387
Total current assets:476426361189166456209
Noncurrent Assets
Finance lease, right-of-use asset44
Operating lease, right-of-use asset35
Property, plant and equipment3,4463,4943,4543,7533,9053,9214,087
Intangible assets, net (including goodwill), including:79797476828393
Goodwill45454549545456
Intangible assets, net (excluding goodwill)34342927283032
Other undisclosed intangible assets, net (including goodwill)      6
Deferred income tax assets 16
Total noncurrent assets:3,5323,5983,5283,8293,9874,0054,181
Other undisclosed assets8163558276892
TOTAL ASSETS:4,0894,0313,9244,0764,1804,5294,481
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt11      
Deferred income tax liabilities11 
Total noncurrent liabilities:11      
Other undisclosed liabilities2,9402,8542,6142,7302,8033,0413,092
Total liabilities:2,9522,8542,6142,7302,8033,0413,092
Stockholders' equity
Stockholders' equity attributable to parent683696786781795880790
Common stock2222222
Additional paid in capital726742749769775784779
Accumulated other comprehensive income (loss)(0)023(6)(9)(6)
Retained earnings (accumulated deficit)(45)(48)3272410214
Other undisclosed stockholders' equity455480525565582609600
Total stockholders' equity:1,1371,1761,3111,3461,3771,4881,389
TOTAL LIABILITIES AND EQUITY:4,0894,0313,9244,0764,1804,5294,481

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,0421,2181,2751,2831,2711,2851,213
Revenue, net1,2831,2711,2851,213
Cost of revenue
(Cost of Goods and Services Sold)
(577)(582) (586)(581)(604)(592)
Gross profit:4666361,275697690681621
Operating expenses (896)(940)(935)(910)(916)(865)
Other undisclosed operating income (loss)(264)58243598581735592
Operating income:202322378361361500349
Nonoperating income (expense)00102(3)(0)
Investment income, nonoperating      4
Foreign currency transaction loss, before tax      (4)
Other nonoperating income (expense)00102(3) 
Interest and debt expense(130)(128)(125)(130)(20)(138)(154)
Income from continuing operations before equity method investments, income taxes:72194254232342360194
Other undisclosed income (loss) from continuing operations before income taxes    (145) 1
Income from continuing operations before income taxes:72194254232198360196
Income tax expense (benefit)25(29)(42)(60)(34)(77)(45)
Income before gain (loss) on sale of properties:96165212172163283151
Gain on sale of properties, net of applicable income taxes      1
Other undisclosed net loss      (1)
Net income:96165212172163283151
Net loss attributable to noncontrolling interest(73)(95)(99)(93)(93)(170)(111)
Net income available to common stockholders, basic:2370113797011340
Dilutive securities, effect on basic earnings per share(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:2370113787011339

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:96165212172163283151
Other comprehensive income (loss)   0(2)  
Other undisclosed comprehensive income (loss)(1)(4)(0)138(6)(3)
Comprehensive income:95161211186169277148
Comprehensive loss, net of tax, attributable to noncontrolling interest(72)(93)(99)(98)(96)(167)(110)
Comprehensive income, net of tax, attributable to parent:2368113887311038

Statements sources

The financial statements are based on the company's filings with the 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.

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