Pretax income is the income that a company earns before paying income taxes. Life Storage's pretax income for the
three
months ended in Mar. 2023 was $83 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2023 was $374 Mil.
Life Storage's pretax margin was 31.93%.
During the past 13 years, Life Storage's highest Pretax Margin was 47.66%. The lowest was 19.84%. And the median was 31.45%.
Life Storage Pre-Tax Income Historical Data
The historical data trend for Life Storage's Pre-Tax Income 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.
Competitive Comparison of Life Storage's Pre-Tax Income
For the REIT - Industrial subindustry, Life Storage's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Life Storage's Pre-Tax Income Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Life Storage's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Life Storage's Pre-Tax Income falls into.
Life Storage Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Life Storage's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as
Pre-Tax Income 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 $374 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 (NYSE:LSI) Pre-Tax Income Explanation
Life Storage's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as
During the past 13 years, Life Storage's highest Pretax Margin was 47.66%. The lowest was 19.84%. And the median was 31.45%.
* 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 Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Life Storage's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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