![]() Life Storage Life Storage (formerly known as Sovran Self Storage and Uncle Bob's Self Storage) is a self-administered and self-managed real estate investment trust (REIT) that acquires and manages self-storage properties. | |||
Founding Date | Founding Date 1982 | Founding Date 2004 | Founding Date 1993 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Williamsville, US HQ | Locations Malvern, US HQ | Locations HQ |
Employees | Employees 2,50812% increase | Employees 3,0408% increase | Employees 36 |
Valuation ($) | Valuation ($) 11.3 b | Valuation ($) 10.9 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $1b (FY, 2022) | Revenue (est.) $1.1b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $209m (FY, 2022) | Cost of goods $351.4m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $829.1m (FY, 2022) | Gross profit $771.7m (FY, 2025) | Gross profit N/A |
Net income | Net income $366.5m (FY, 2022) | Net income $331.3m (FY, 2025) | Net income N/A |
Operating ⚠ | |||
Customers | Customers 690 k (FY, 2022) | Customers 377 k (FY, 2022) | Customers N/A |
Facility Space, sq. ft. | Facility Space, sq. ft. 88.4 m (FY, 2022) | Facility Space, sq. ft. 44.1 m (Q1, 2023) | Facility Space, sq. ft. N/A |
States | States 37 (Q1, 2023) | States 24 (Q1, 2023) | States N/A |

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