See more : e.l.f. Beauty, Inc. (ELF) Income Statement Analysis – Financial Results
Complete financial analysis of Life Storage, Inc. (LSI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Life Storage, Inc., a leading company in the REIT – Industrial industry within the Real Estate sector.
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Life Storage, Inc. (LSI)
About Life Storage, Inc.
Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 900 storage facilities in 30 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.02B | 770.99M | 556.96M | 525.05M | 513.05M | 495.17M | 434.22M | 344.27M | 307.15M | 257.60M | 223.37M | 211.16M | 192.07M | 195.01M | 203.00M | 193.77M | 166.30M | 138.31M | 123.29M | 113.16M | 102.14M | 91.41M | 92.51M | 84.26M | 69.36M | 49.35M | 33.60M | 13.00M |
| Cost of Revenue | 308.75M | 246.39M | 208.58M | 195.16M | 183.02M | 180.88M | 151.26M | 119.16M | 109.85M | 89.14M | 77.99M | 54.91M | 70.91M | 71.55M | 74.74M | 17.47M | 15.26M | 12.41M | 11.01M | 0.00 | 9.27M | 7.98M | 7.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 709.39M | 524.60M | 348.39M | 329.88M | 330.03M | 314.29M | 282.95M | 225.11M | 197.30M | 168.46M | 145.39M | 156.24M | 121.16M | 123.47M | 128.26M | 176.30M | 151.04M | 125.90M | 112.27M | 113.16M | 92.88M | 83.43M | 84.79M | 84.26M | 69.36M | 49.35M | 33.60M | 13.00M |
| Gross Profit Ratio | 69.68% | 68.04% | 62.55% | 62.83% | 64.33% | 63.47% | 65.16% | 65.39% | 64.24% | 65.39% | 65.09% | 73.99% | 63.08% | 63.31% | 63.18% | 90.99% | 90.82% | 91.03% | 91.07% | 100.00% | 90.93% | 91.27% | 91.66% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 77.20M | 62.62M | 52.06M | 46.98M | 48.32M | 50.03M | 43.10M | 38.66M | 40.79M | 34.94M | 32.31M | 25.99M | 21.86M | 18.65M | 17.28M | 15.23M | 14.10M | 12.86M | 11.07M | 9.62M | 8.59M | 8.03M | 5.79M | 5.57M | 4.85M | 2.76M | 2.28M | 1.00M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 77.20M | 62.62M | 52.06M | 46.98M | 48.32M | 50.03M | 43.10M | 38.66M | 40.79M | 34.94M | 32.31M | 25.99M | 21.86M | 18.65M | 17.28M | 15.23M | 14.10M | 12.86M | 11.07M | 9.62M | 8.59M | 8.03M | 5.79M | 5.57M | 4.85M | 2.76M | 2.28M | 1.00M |
| Other Expenses | 172.87M | 129.54M | 63.11M | 57.44M | 102.53M | 250.28M | 251.79M | 143.41M | 128.87M | 109.68M | 100.97M | 116.22M | 84.78M | 85.34M | 90.16M | 86.55M | 69.38M | 57.18M | 52.06M | 0.00 | 41.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 250.08M | 192.16M | 115.17M | 104.42M | 113.05M | 142.94M | 131.79M | 74.83M | 73.61M | 64.27M | 60.57M | 82.97M | 54.80M | 52.03M | 126.44M | 119.25M | 98.74M | 82.45M | 74.15M | 67.74M | 59.53M | 31.14M | 27.95M | 42.98M | 34.60M | 15.88M | 15.99M | -5.10M |
| Cost & Expenses | 558.83M | 438.55M | 323.74M | 299.58M | 296.07M | 323.82M | 283.06M | 194.00M | 183.45M | 153.41M | 138.56M | 137.88M | 125.71M | 123.58M | 126.44M | 119.25M | 98.74M | 82.45M | 74.15M | 67.74M | 59.53M | 31.14M | 27.95M | 42.98M | 34.60M | 15.88M | 15.99M | -5.10M |
| Interest Income | 32.00K | 827.00K | 19.00K | 342.00K | 13.00K | 7.00K | 67.00K | 5.00K | 40.00K | 40.00K | 4.00K | 83.00K | 84.00K | 85.00K | 322.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 105.90M | 84.25M | 79.58M | 74.10M | 68.51M | 61.70M | 52.77M | 35.94M | 33.72M | 31.17M | 32.33M | 38.55M | 31.71M | 50.05M | 38.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 193.28M | 151.10M | 121.05M | 107.13M | 102.53M | 127.49M | 117.08M | 58.51M | 51.75M | 45.23M | 40.89M | 35.01M | 32.94M | 35.66M | 34.42M | 35.00M | 26.34M | 22.01M | 19.90M | 18.98M | 17.39M | 15.04M | 14.27M | 13.14M | 10.30M | 7.01M | 4.58M | 1.70M |
| EBITDA | 240.12M | 483.54M | 354.57M | 335.17M | 321.49M | 289.49M | 270.24M | 211.01M | 176.71M | 150.58M | 125.81M | 49.51M | 99.31M | 41.50M | 113.27M | 40.33M | 30.72M | 25.67M | 23.58M | 64.41M | 19.55M | 75.30M | 76.67M | 54.41M | 45.06M | 40.48M | 22.19M | 19.80M |
| EBITDA Ratio | 64.64% | 62.72% | 63.66% | 63.84% | 62.66% | 58.46% | 62.24% | 61.29% | 57.53% | 58.45% | 56.32% | 51.16% | 51.70% | 54.34% | 55.79% | 57.76% | 56.47% | 56.30% | 56.00% | 56.92% | 58.75% | 82.38% | 82.88% | 64.58% | 64.96% | 82.01% | 66.04% | 152.31% |
| Operating Income | 464.86M | 332.44M | 233.52M | 228.04M | 274.10M | 171.35M | 119.84M | 147.29M | 116.33M | 101.06M | 80.49M | 68.95M | 66.37M | 71.43M | 76.56M | 74.52M | 67.56M | 55.86M | 49.14M | 45.43M | 42.61M | 60.26M | 64.56M | 41.27M | 34.76M | 33.47M | 17.61M | 18.10M |
| Operating Income Ratio | 45.66% | 43.12% | 41.93% | 43.43% | 53.43% | 34.60% | 27.60% | 42.78% | 37.88% | 39.23% | 36.03% | 32.65% | 34.55% | 36.63% | 37.71% | 38.46% | 40.63% | 40.39% | 39.86% | 40.14% | 41.72% | 65.93% | 69.78% | 48.99% | 50.11% | 67.82% | 52.40% | 139.23% |
| Total Other Income/Expenses | -98.40M | -80.26M | -81.16M | 32.03M | -66.54M | 52.36M | -34.88M | -34.21M | -27.28M | -26.94M | -25.36M | -37.42M | -25.72M | 1.13M | -2.18M | -2.40M | -30.95M | -21.07M | -17.14M | 0.00 | -16.31M | -51.21M | -12.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 366.46M | 252.18M | 152.36M | 260.08M | 207.56M | 96.81M | 84.96M | 113.08M | 89.06M | 71.47M | 48.95M | 31.53M | 34.98M | 72.56M | 74.38M | 72.12M | 36.61M | 34.79M | 32.00M | 0.00 | 26.30M | 24.19M | 66.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 35.99% | 32.71% | 27.36% | 49.53% | 40.46% | 19.55% | 19.57% | 32.85% | 29.00% | 27.75% | 21.91% | 14.93% | 18.21% | 37.21% | 36.64% | 37.22% | 22.02% | 25.15% | 25.96% | 0.00% | 25.75% | 26.46% | 72.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 106.74M | 92.80M | 85.21M | 80.05M | 4.14M | 65.45M | 56.17M | 39.90M | 36.33M | 30.46M | 27.09M | 39.15M | 25.96M | 51.52M | 39.27M | 35.31M | 30.95M | 21.07M | 17.14M | 17.00M | 16.31M | 36.07M | 38.85M | 15.69M | 11.22M | 10.35M | 1.95M | 11.40M |
| Net Income | 259.73M | 159.37M | 67.15M | 180.03M | 206.59M | 96.37M | 85.23M | 112.52M | 88.53M | 74.13M | 55.13M | 30.59M | 40.64M | 19.92M | 37.40M | 39.21M | 36.61M | 34.79M | 32.00M | 28.42M | 26.30M | 24.19M | 25.71M | 25.59M | 23.54M | 23.12M | 15.66M | 6.70M |
| Net Income Ratio | 25.51% | 20.67% | 12.06% | 34.29% | 40.27% | 19.46% | 19.63% | 32.68% | 28.82% | 28.78% | 24.68% | 14.49% | 21.16% | 10.21% | 18.42% | 20.24% | 22.02% | 25.15% | 25.96% | 25.12% | 25.75% | 26.46% | 27.79% | 30.37% | 33.94% | 46.84% | 46.61% | 51.54% |
| EPS | 3.08 | 2.03 | 0.95 | 2.58 | 2.96 | 1.39 | 1.31 | 2.12 | 1.79 | 1.58 | 1.25 | 0.74 | 0.99 | 0.56 | 1.15 | 1.21 | 1.27 | 1.24 | 1.03 | 0.98 | 1.11 | 1.16 | 1.26 | 1.31 | 1.27 | 1.31 | 1.25 | 0.61 |
| EPS Diluted | 3.06 | 2.03 | 0.94 | 2.57 | 2.96 | 1.38 | 1.31 | 2.11 | 1.78 | 1.57 | 1.25 | 0.73 | 0.99 | 0.56 | 1.15 | 1.21 | 1.26 | 1.23 | 1.02 | 0.97 | 1.09 | 1.15 | 1.26 | 1.31 | 1.27 | 1.31 | 1.25 | 0.61 |
| Weighted Avg Shares Out | 84.32M | 78.42M | 71.05M | 69.88M | 69.75M | 69.56M | 64.78M | 53.07M | 49.53M | 46.95M | 44.04M | 41.51M | 41.21M | 35.68M | 32.64M | 31.43M | 26.92M | 24.73M | 22.81M | 19.73M | 19.16M | 18.31M | 18.06M | 18.66M | 18.49M | 17.60M | 12.49M | 11.04M |
| Weighted Avg Shares Out (Dil) | 84.88M | 78.61M | 71.18M | 69.98M | 69.89M | 69.73M | 65.11M | 53.40M | 49.79M | 47.18M | 44.23M | 41.59M | 41.27M | 35.70M | 32.67M | 31.51M | 27.06M | 25.00M | 22.96M | 19.90M | 19.40M | 18.52M | 18.06M | 18.70M | 18.49M | 17.69M | 12.49M | 11.04M |
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Life Storage, Inc.
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