LIFE STORAGE, INC.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $233.5M | $171.9M | $77.2M | $64.0M | $48.4M | $44.4M |
| Operating income | $464.9M | $332.4M | $233.5M | $331.6M | $274.1M | $167.8M |
| Net income | $73.6M | $47.4M | $36.4M | $34.5M | $206.6M | $96.4M |
| Total assets | $7.39B | $6.56B | $4.73B | $4.23B | $3.89B | $3.88B |
| Total liabilities | $3.56B | $2.94B | $2.32B | $2.07B | $1.81B | $1.83B |
| Equity | $3.62B | $3.38B | $2.38B | $2.13B | $2.06B | $2.03B |
| EPS (diluted) | $0.88 | $0.63 | $0.52 | $0.49 | $2.96 | $2.07 |
| Shares out. | 83.7M | 75.5M | 46.7M | 46.6M | 46.5M | 46.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 199.1%
- Net margin
- 31.5%
- Return on equity
- 2.0%
- Return on assets
- 1.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 48.2%
- Debt / equity
- 0.98×
- Book value / share
- $43.28
- Revenue growth (YoY)
- 35.8%
- Net income growth (YoY)
- 55.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Accruals / assets
- −6.9%clean
- Piotroski F-Score
- 6/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 5 good- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Dodman David P.Officer — COO, CFO | Jul 19, 2023 | Grant | 16,303 | $0.00 |
| Saffire JosephOfficer — CEO | Jul 19, 2023 | Grant | 93,842 | $0.00 |
| Rogers David LDirector | Jul 20, 2023 | D | 142,803 | — |
| Barberio Mark GDirector | Jul 20, 2023 | D | 13,972 | — |
| Pettinella Edward JDirector | Jul 20, 2023 | D | 22,652 | — |
| Harnett SueDirector | Jul 20, 2023 | D | 3,165 | — |
| Hamilton DanaDirector | Jul 20, 2023 | D | 3,811 | — |
| Rusmisel Stephen RDirector | Jul 20, 2023 | D | 17,801 | — |
| Havener Arthur L JrDirector | Jul 20, 2023 | D | 14,901 | — |
| Rusmisel Stephen RDirector | Jun 15, 2023 | Sell | 2,500 | $129.92 |
| Rusmisel Stephen RDirector | Jun 13, 2023 | Option exercise | 3,000 | $50.71 |
| Barberio Mark GDirector | Jun 8, 2023 | Option exercise | 5,250 | $61.05 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Regulation FD disclosureJul 20, 2023
- Entered a material agreement · Shareholder vote · Other material eventJul 18, 2023
- Director / officer changeJul 11, 2023
- Other material eventJul 11, 2023
- Shareholder voteMay 24, 2023
- Entered a material agreementMay 19, 2023
- Results of operationsMay 2, 2023
- Entered a material agreement · Amended charter or bylaws · Other material eventApr 3, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GJul 31, 2023
- 15-12GJul 31, 2023
- EFFECTJul 21, 2023
- EFFECTJul 21, 2023
- EFFECTJul 21, 2023
- EFFECTJul 21, 2023
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Event-driven situations (1)
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