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Life Storage Inc (LSI) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Life Storage Inc (LSI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Life Storage Inc is a fully integrated, self-administered and self-managed real estate investment trust engaged in acquiring and managing self-storage properties. Life Storage Inc has a market cap of $3.64 billion; its shares were traded at around $78.22 with a P/E ratio of 37.77 and P/S ratio of 6.94. The dividend yield of Life Storage Inc stocks is 5.10%. Life Storage Inc had annual average EBITDA growth of 1.50% over the past ten years.


For the last quarter Life Storage Inc reported a revenue of $133.1 million, compared with the revenue of $128.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $529.8 million, an increase of 14.5% from last year. For the last five years Life Storage Inc had an average revenue growth rate of 18% a year.

The reported diluted earnings per share was $2.07 for the year, an increase of 5.6% from previous year. Over the last five years Life Storage Inc had an EPS growth rate of 0.3% a year. The Life Storage Inc enjoyed an operating margin of 32.35%, compared with the operating margin of 25.9% a year before. The 10-year historical median operating margin of Life Storage Inc is 36.05%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Life Storage Inc has the cash and cash equivalents of $9.17 million, compared with $23.7 million in the previous year. The long term debt was $1.7 billion, compared with $1.7 billion in the previous year. The interest coverage to the debt is 2.3, which is not a favorable level. Life Storage Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $78.22, Life Storage Inc is traded at close to its historical median P/S valuation band of $75.94. The P/S ratio of the stock is 6.94, while the historical median P/S ratio is 6.72. The stock lost 5.63% during the past 12 months.

For the complete 20-year historical financial data of LSI, click here.

This article first appeared on GuruFocus.