Summary - Funding Rounds

Founding Date

1969
Starwood Hotels & Resorts is a subsidiary of Marriott International

Starwood Hotels & Resorts Income Statement

Annual

USDFY, 2015

Revenue

5.8b

Revenue growth, %

(4%)

General and administrative expense

388.0m

Operating expense total

388.0m

Depreciation and amortization

280.0m

EBIT

740.0m

EBIT margin, %

13%

Pre tax profit

669.0m

Income tax expense

180.0m

Net Income

489.0m

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Revenue

1.4b1.5b1.4b1.4b1.2b

General and administrative expense

91.0m99.0m102.0m

Operating expense total

91.0m99.0m102.0m

Depreciation and amortization

69.0m73.0m69.0m70.0m60.0m

EBIT

153.0m196.0m200.0m152.0m181.0m

EBIT margin, %

11%13%14%11%15%

Pre tax profit

151.0m180.0m130.0m143.0m52.0m

Income tax expense

52.0m44.0m42.0m53.0m87.0m

Net Income

99.0m136.0m88.0m90.0m(35.0m)

Starwood Hotels & Resorts Balance Sheet

Annual

usdY, 2010FY, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013FY, 2014FY, 2015

Cash

753.0m753.0m454.0m454.0m305.0m305.0m616.0m935.0m1.0b

Accounts Receivable

513.0m569.0m586.0m

Prepaid Expenses

125.0m124.0m

Inventories

802.0m812.0m361.0m217.0m236.0m319.0m

Current Assets

2.3b2.5b1.9b2.0b2.3b2.3b

PP&E

3.3b3.3b3.2b

Goodwill

1.5b1.5b1.4b2.0b2.0b1.9b

Total Assets

9.8b9.6b8.9b8.8b8.7b8.3b

Accounts Payable

138.0m144.0m121.0m105.0m101.0m98.0m

Short-term debt

9.0m3.0m2.0m

Current Liabilities

2.2b2.0b2.0b1.9b2.5b2.2b

Long-term debt

2.8b2.2b1.3b1.3b2.4b2.2b

Total Debt

2.9b2.2b1.3b1.3b2.4b2.2b

Total Liabilities

7.3b6.6b5.7b

Common Stock

177.0m2.0m2.0m

Additional Paid-in Capital

805.0m963.0m816.0m661.0m47.0m115.0m

Retained Earnings

1.9b2.3b2.7b3.0b2.0b1.8b

Total Equity

2.5b3.0b3.1b3.4b1.5b1.3b

Debt to Equity Ratio

0.4 x1.6 x1.7 x

Debt to Assets Ratio

0.1 x0.3 x0.3 x

Financial Leverage

3.9 x3.2 x2.8 x2.6 x5.7 x6.4 x

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Cash

90.0m357.0m675.0m999.0m987.0m657.0m270.0m651.0m387.0m662.0m694.0m657.0m597.0m454.0m573.0m735.0m1.1b1.2b1.6b

Accounts Receivable

521.0m508.0m558.0m584.0m561.0m565.0m597.0m575.0m600.0m616.0m614.0m625.0m640.0m624.0m685.0m675.0m660.0m671.0m630.0m

Prepaid Expenses

179.0m149.0m158.0m138.0m163.0m174.0m161.0m166.0m176.0m166.0m169.0m182.0m148.0m175.0m114.0m

Inventories

749.0m778.0m819.0m848.0m857.0m575.0m461.0m414.0m299.0m253.0m229.0m209.0m202.0m198.0m242.0m246.0m256.0m355.0m15.0m

Current Assets

1.6b1.9b2.4b2.8b2.8b2.5b2.0b2.3b1.9b2.2b2.1b2.1b1.9b1.8b1.9b2.1b2.4b2.5b2.4b

PP&E

3.3b3.3b3.3b3.1b3.2b3.3b3.2b3.1b3.1b3.0b3.1b2.9b3.0b2.9b2.5b2.3b2.2b2.1b1.5b

Goodwill

2.0b2.0b2.0b2.0b2.0b2.0b1.9b1.9b1.9b1.9b1.8b

Total Assets

9.1b9.4b9.9b10.0b9.9b9.5b9.0b9.2b8.8b9.0b9.0b8.8b8.7b8.4b8.1b8.1b8.2b8.4b6.9b

Accounts Payable

142.0m148.0m140.0m140.0m125.0m116.0m104.0m111.0m100.0m95.0m90.0m78.0m88.0m90.0m107.0m94.0m102.0m115.0m74.0m

Dividends Payable

4.0m6.0m

Short-term debt

7.0m8.0m8.0m612.0m610.0m552.0m1.0m2.0m2.0m2.0m4.0m3.0m3.0m297.0m299.0m299.0m34.0m34.0m

Current Liabilities

2.0b2.2b2.1b2.7b2.6b2.4b1.8b1.9b1.9b1.9b1.9b1.9b1.9b1.9b2.3b2.4b2.5b2.2b2.0b

Long-term debt

3.0b2.9b2.8b2.2b2.2b1.6b1.7b1.7b1.3b1.3b1.3b1.3b1.4b2.2b2.2b1.8b1.9b2.3b2.4b

Total Debt

3.0b2.9b2.9b2.8b2.8b2.2b1.7b1.7b1.3b1.3b1.3b1.3b1.4b2.2b2.5b1.8b1.9b2.3b2.4b

Total Liabilities

7.2b7.3b7.2b7.2b7.1b6.4b5.8b5.8b5.5b5.5b5.4b5.4b5.6b6.3b6.8b6.7b6.9b7.1b6.7b

Common Stock

190.2m190.6m195.1m195.5m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m2.0m

Additional Paid-in Capital

647.0m682.0m861.0m901.0m925.0m1.0b999.0m951.0m820.0m853.0m704.0m675.0m533.0m28.0m59.0m74.0m98.0m115.0m135.0m

Retained Earnings

1.7b1.7b2.0b2.1b2.3b2.5b2.6b2.8b2.9b3.0b3.2b3.0b2.9b2.5b1.9b1.9b1.8b1.9b505.0m

Total Equity

2.0b2.1b2.6b2.8b2.9b3.2b3.2b3.4b3.3b3.5b3.5b3.3b3.1b2.2b1.3b1.3b1.3b1.3b177.0m

Debt to Equity Ratio

0.4 x0.4 x0.5 x1 x1.4 x1.5 x1.7 x13.4 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x0.3 x0.2 x0.2 x0.3 x0.3 x

Financial Leverage

4.7 x4.5 x3.8 x3.6 x3.5 x3 x2.8 x2.7 x2.6 x2.6 x2.5 x2.6 x2.8 x3.9 x6.1 x6 x6.5 x6.3 x39.1 x

Starwood Hotels & Resorts Cash Flow

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Net Income

477.0m489.0m562.0m635.0m3.4m2.9m

Depreciation and Amortization

285.0m265.0m251.0m

Accounts Receivable

(22.0m)(45.0m)(3.0m)(42.0m)(8.0m)(36.0m)

Inventories

(110.0m)(14.0m)448.0m156.0m22.0m(69.0m)

Accounts Payable

13.0m78.0m13.0m10.0m233.0m102.0m

Cash From Operating Activities

764.0m641.0m1.2b

Purchases of PP&E

(227.0m)(385.0m)(362.0m)

Cash From Investing Activities

(71.0m)(176.0m)126.0m

Short-term Borrowings

114.0m

Long-term Borrowings

(9.0m)(650.0m)(1.4b)

Dividends Paid

(93.0m)(99.0m)(242.0m)(256.0m)(735.0m)(259.0m)

Cash From Financing Activities

(26.0m)(755.0m)(1.5b)

Net Change in Cash

666.0m(299.0m)(149.0m)

Interest Paid

244.0m204.0m170.0m68.0m74.0m111.0m

Income Taxes Paid

(171.0m)56.0m103.0m130.0m141.0m119.0m

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Net Income

144.0m138.0m28.0m159.0m322.0m128.0m250.0m420.0m213.0m350.0m507.0m137.0m290.0m399.0m99.0m235.0m323.0m90.0m(173.0m)

Depreciation and Amortization

149.0m220.0m68.0m135.0m200.0m63.0m125.0m186.0m65.0m130.0m195.0m68.0m138.0m210.0m69.0m142.0m211.0m70.0m120.0m

Cash From Operating Activities

93.0m303.0m(11.0m)122.0m327.0m255.0m546.0m901.0m212.0m532.0m855.0m149.0m426.0m677.0m55.0m360.0m691.0m48.0m210.0m

Purchases of PP&E

(70.0m)(119.0m)(61.0m)(141.0m)(253.0m)(72.0m)(150.0m)(249.0m)(83.0m)(141.0m)(235.0m)(84.0m)(155.0m)(221.0m)(51.0m)(103.0m)(170.0m)(35.0m)(64.0m)

Cash From Investing Activities

(26.0m)(9.0m)(69.0m)139.0m(18.0m)(64.0m)(128.0m)6.0m(33.0m)(45.0m)(132.0m)113.0m56.0m(18.0m)(25.0m)419.0m569.0m18.0m265.0m

Short-term Borrowings

(17.0m)114.0m(2.0m)4.0m4.0m

Long-term Borrowings

(6.0m)(8.0m)(2.0m)(4.0m)(5.0m)(3.0m)(565.0m)(565.0m)(1.0m)(1.0m)(1.0m)(3.0m)(4.0m)(2.0m)(3.0m)(20.0m)(22.0m)

Dividends Paid

(37.0m)(37.0m)(2.0m)(3.0m)(3.0m)(3.0m)(4.0m)(4.0m)(2.0m)(3.0m)(3.0m)(190.0m)(381.0m)(562.0m)(64.0m)(133.0m)(196.0m)(68.0m)(131.0m)

Cash From Financing Activities

(59.0m)(25.0m)(11.0m)(35.0m)(73.0m)10.0m(604.0m)(710.0m)(95.0m)(121.0m)(326.0m)(220.0m)(501.0m)(813.0m)(381.0m)(971.0m)(1.1b)61.0m52.0m

Net Change in Cash

3.0m270.0m(78.0m)246.0m234.0m203.0m(184.0m)197.0m82.0m357.0m389.0m41.0m(19.0m)(162.0m)(362.0m)(200.0m)131.0m132.0m527.0m

Interest Paid

148.0m158.0m23.0m103.0m114.0m23.0m89.0m118.0m(3.0m)26.0m38.0m3.0m36.0m43.0m51.0m96.0m73.0m15.0m45.0m

Income Taxes Paid

29.0m44.0m31.0m67.0m41.0m29.0m52.0m76.0m26.0m69.0m107.0m19.0m82.0m112.0m21.0m60.0m82.0m36.0m91.0m

Starwood Hotels & Resorts Operating Metrics

Y, 2013Y, 2014Y, 2015Q2, 2016Dec, 2018

Customers

500 m

Hotels

1.18 k1.22 k1.30 k1.32 k

Rooms

346.82 k354.23 k369.97 k375.85 k

Starwood Hotels & Resorts Employee Rating

3.81980 votes
Culture & Values
3.9
Work/Life Balance
3.5
Senior Management
3.3
Salary & Benefits
3.7
Career Opportunities
3.7
Source