This company has been acquired
Life Storage Past Earnings Performance
Past criteria checks 5/6
Life Storage has been growing earnings at an average annual rate of 15.1%, while the Specialized REITs industry saw earnings growing at 16.3% annually. Revenues have been growing at an average rate of 15.1% per year. Life Storage's return on equity is 9.8%, and it has net margins of 33.7%.
Key information
15.1%
Earnings growth rate
10.2%
EPS growth rate
| Specialized REITs Industry Growth | 18.0% |
| Revenue growth rate | 15.1% |
| Return on equity | 9.8% |
| Net Margin | 33.7% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
The Low Hanging Fruit Phenomenon As Taught By Life Storage
Jun 28Should You Be Adding Life Storage (NYSE:LSI) To Your Watchlist Today?
Feb 27
Life Storage Q4 2022 Earnings Preview
Feb 22Life Storage Equity Holders Should Expect A Higher Offer From Public Storage
Feb 06Life Storage raises dividend by 11% to $1.20
Jan 03Buying Top-Tier Real Estate With Life Storage
Dec 15Life Storage promotes Alexander Gress to CFO
Oct 25Life Storage Is A Great Bargain Around Its 52-Week Lows
Oct 14Life Storage declares $1.08 dividend
Oct 03Should You Be Adding Life Storage (NYSE:LSI) To Your Watchlist Today?
Sep 26Life Storage FFO of $1.65 beats by $0.12, revenue of $257.05M beats by $13.63M
Aug 03Life Storage raises dividend by 8% $1.08
Jul 05The Life Storage Bull Case Got So Much Better
May 22Life Storage Is Firing On All Cylinders
Mar 11Revenue & Expenses Breakdown
How Life Storage makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 23 | 1,087 | 366 | 89 | 0 |
| 31 Dec 22 | 1,047 | 358 | 77 | 0 |
| 30 Sep 22 | 993 | 338 | 70 | 0 |
| 30 Jun 22 | 927 | 310 | 68 | 0 |
| 31 Mar 22 | 857 | 276 | 64 | 0 |
| 31 Dec 21 | 794 | 249 | 63 | 0 |
| 30 Sep 21 | 739 | 217 | 58 | 0 |
| 30 Jun 21 | 687 | 184 | 55 | 0 |
| 31 Mar 21 | 647 | 163 | 53 | 0 |
| 31 Dec 20 | 622 | 152 | 52 | 0 |
| 30 Sep 20 | 603 | 154 | 52 | 0 |
| 30 Jun 20 | 592 | 256 | 49 | 0 |
| 31 Mar 20 | 590 | 261 | 49 | 0 |
| 31 Dec 19 | 579 | 259 | 48 | 0 |
| 30 Sep 19 | 570 | 307 | 47 | 0 |
| 30 Jun 19 | 565 | 209 | 49 | 0 |
| 31 Mar 19 | 558 | 207 | 49 | 0 |
| 31 Dec 18 | 555 | 207 | 48 | 0 |
| 30 Sep 18 | 550 | 135 | 46 | 0 |
| 30 Jun 18 | 544 | 130 | 46 | 0 |
| 31 Mar 18 | 538 | 110 | 50 | 0 |
| 31 Dec 17 | 533 | 96 | 50 | 0 |
| 30 Sep 17 | 528 | 93 | 50 | 0 |
| 30 Jun 17 | 521 | 53 | 50 | 0 |
| 31 Mar 17 | 495 | 77 | 44 | 0 |
| 31 Dec 16 | 466 | 85 | 43 | 0 |
| 30 Sep 16 | 426 | 97 | 42 | 0 |
| 30 Jun 16 | 386 | 133 | 40 | 0 |
| 31 Mar 16 | 362 | 118 | 40 | 0 |
| 31 Dec 15 | 370 | 113 | 39 | 0 |
| 30 Sep 15 | 332 | 108 | 39 | 0 |
| 30 Jun 15 | 323 | 102 | 42 | 0 |
| 31 Mar 15 | 313 | 94 | 42 | 0 |
| 31 Dec 14 | 304 | 89 | 41 | 0 |
| 30 Sep 14 | 292 | 83 | 39 | 0 |
| 30 Jun 14 | 278 | 76 | 35 | 0 |
| 31 Mar 14 | 266 | 74 | 35 | 0 |
| 31 Dec 13 | 255 | 71 | 35 | 0 |
| 30 Sep 13 | 245 | 64 | 35 | 0 |
| 30 Jun 13 | 237 | 58 | 35 | 0 |
| 31 Mar 13 | 228 | 51 | 34 | 0 |
| 31 Dec 12 | 219 | 48 | 32 | 0 |
| 30 Sep 12 | 213 | 44 | 31 | 0 |
Quality Earnings: LSI has high quality earnings.
Growing Profit Margin: LSI's current net profit margins (33.7%) are higher than last year (32.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LSI's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: LSI's earnings growth over the past year (32.9%) exceeds its 5-year average (15.1% per year).
Earnings vs Industry: LSI earnings growth over the past year (32.9%) exceeded the Specialized REITs industry 13.9%.
Return on Equity
High ROE: LSI's Return on Equity (9.8%) is considered low.