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Life Storage (Life Storage) FFO : $560 Mil (TTM As of Mar. 2023)


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What is Life Storage FFO?

FFO (Funds from operations) is a measure of cash generated by by real estate investment trusts (REITs).

Life Storage's FFO (Funds from operations) for the three months ended in Mar. 2023 was $129 Mil.


Life Storage FFO Historical Data

The historical data trend for Life Storage's FFO can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life Storage FFO Chart

Life Storage Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
FFO
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.00 259.70 274.19 396.44 551.03

Life Storage Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
FFO Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.98 140.34 147.22 143.50 129.38

Life Storage FFO Calculation

FFO (Funds from operations) is a measure of cash generated by by real estate investment trusts (REITs). It is different from Cash Flow from Operations.

GuruFocus' FFO (Funds from operations) data is provided directly by our data vendor. Instead of collecting data from a company's financial reports, the vendor calculates FFO based on its own methodology.

FFO for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $560 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Life Storage (Life Storage) Business Description

Traded in Other Exchanges
N/A
Address
6467 Main Street, Williamsville, NY, USA, 14221
Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.
Executives
Joseph Saffire officer: Chief Investment Officer 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Havener Arthur L Jr director 9825 SUNSET GREENS DRIVE, ST. LOUIS MO 63127
Alexander Gress officer: CFO 6467 MAIN STREET, C/O LIFE STORAGE, INC., WILLIAMSVILLE NY 14221
Stephen R Rusmisel director C/O SOVRAN SELF STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Andrew J Gregoire officer: CFO C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David P. Dodman officer: COO C/O LIFE STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Edward F Killeen officer: EVP Real Estate Management C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David L Rogers officer: CFO C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Edward J Pettinella director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Charles E Lannon director C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Kenneth F Myszka director, officer: President, COO C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Robert J Attea director, officer: Chairman of Board, CEO C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112

Life Storage (Life Storage) Headlines

From GuruFocus

Life Storage Inc (LSI) CEO Joseph Saffire Sold $585,560 of Shares

By GuruFocus Research GuruFocus Editor 12-21-2021

Life Storage, Inc. Reviewing Unsolicited Proposal from Public Storage

By Business Wire Business Wire 02-06-2023

Life Storage Inc (LSI) COO Edward F Killeen Sold $2.1 million of Shares

By GuruFocus Research GuruFocus Editor 12-08-2021

AEW CAPITAL MANAGEMENT L P Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-07-2023

Life Storage, Inc. Releases 2022 Sustainability Report

By Business Wire Business Wire 06-23-2022