Uncle Bob's Self Storage (Sovran Self Storage)

Uncle Bob's Self Storage (Sovran Self Storage, Inc.) is a fully integrated, self-administered and self-managed real estate investment trust (REIT) that acquires and manages self storage properties. The Company owns and/or operates more than 500 self storage facilities encompassing over 35 million square feet, making it one of the largest self-storage companies in the United States.

Sovran operates its stores under the trade name Uncle Bob's Self Storage®, and serves over 250,000 customers in 25 states. Through innovative marketing and product development, the Company has differentiated itself with value-added products and services like Dri-guard, their state-of-the art dehumidification system; Uncle Bob's rental trucks; and a national Customer Care Center featuring a fully integrated sales and reservation system for the Company's rental spaces.

Founded in 1982, the Company is headquartered in Buffalo, New York, and employs over 1,300 people. Sovran's common stock trades on the New York Stock Exchange under the symbol SSS.

Company Growth (employees)
Type
Public
HQ
Buffalo, US
Founded
1982
Size (employees)
1,537 (est)
Uncle Bob's Self Storage (Sovran Self Storage) was founded in 1982 and is headquartered in Buffalo, US

Key People at Uncle Bob's Self Storage (Sovran Self Storage)

David L. Rogers

David L. Rogers

CEO
Kenneth F. Myszka

Kenneth F. Myszka

President & COO

Uncle Bob's Self Storage (Sovran Self Storage) Office Locations

Uncle Bob's Self Storage (Sovran Self Storage) has offices in Buffalo, Columbus, Lafayette, Montgomery and in 141 other locations
Buffalo, US (HQ)
6467 Main St
Show all (145)

Uncle Bob's Self Storage (Sovran Self Storage) Data and Metrics

Uncle Bob's Self Storage (Sovran Self Storage) Financial Metrics

Uncle Bob's Self Storage (Sovran Self Storage)'s revenue was reported to be $128.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

128.3 m

Net income (Q1, 2017)

20.5 m

EBIT (Q1, 2017)

35 m

Market capitalization (12-Aug-2016)

3.9 b

Cash (31-Mar-2017)

4.8 m
Uncle Bob's Self Storage (Sovran Self Storage)'s current market capitalization is $3.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

273.5 m326.1 m366.6 m462.6 m

Revenue growth, %

19%12%26%

General and administrative expense

43.1 m

Operating expense total

172.4 m209.7 m219.3 m342.8 m

EBIT

101.1 m116.3 m147.3 m119.8 m

EBIT margin, %

37%36%40%26%

Interest expense

32 m34.6 m37.1 m47.2 m

Interest income

40 k40 k5 k67 k

Net Income

74.6 m89.1 m113.1 m85 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

80.4 m85.2 m85.4 m90.7 m95.4 m99.1 m107 m127.8 m128.3 m

General and administrative expense

10.4 m10 m9.4 m9.7 m9.4 m10.5 m10.1 m10.9 m11.4 m

Operating expense total

10.4 m10 m9.4 m9.7 m9.4 m10.5 m10.1 m10.9 m11.4 m

EBIT

29.1 m32.4 m31.1 m37 m40.1 m36.4 m42.8 m8.8 m35 m

EBIT margin, %

36%38%36%41%42%37%40%7%27%

Interest expense

(8.9 m)(9.1 m)(9.2 m)(9.2 m)(9.4 m)(9.1 m)(8.2 m)(14.6 m)(15.2 m)

Interest income

24 k1 k2 k2 k1 k6 k37 k13 k3 k

Net Income

37.5 m63.2 m22.6 m51.2 m82.9 m28.2 m71.7 m66.8 m20.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

9.5 m8.5 m7 m23.7 m

Accounts Receivable

5.1 m5.8 m6.8 m5.5 m

Total Assets

1.6 b1.9 b2.1 b3.9 b

Accounts Payable

75.1 m

Total Debt

253 m

Total Liabilities

1.8 b

Additional Paid-in Capital

1.1 b1.2 b1.4 b2.3 b

Total Equity

870.7 m975.9 m1.2 b2.1 b

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.8 x1.9 x1.8 x1.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

7 m7.5 m10.3 m6.6 m6.1 m6.4 m901.9 m16.1 m4.8 m

Accounts Receivable

5.3 m5.7 m5.7 m6.2 m6.5 m4.2 m4.7 m6 m5.8 m

Total Assets

1.7 b1.8 b2 b2 b2.1 b2.4 b3.4 b3.8 b3.9 b

Accounts Payable

35 m43.8 m33.3 m37.3 m47.1 m38.1 m37.2 m62.2 m45.8 m

Additional Paid-in Capital

1.1 b1.2 b1.3 b1.3 b1.3 b1.7 b2.3 b2.3 b2.4 b

Total Equity

909.6 m952.8 m1.1 b1.1 b1.2 b1.5 b2.1 b2.1 b2.1 b

Financial Leverage

1.9 x1.9 x1.8 x1.8 x1.8 x1.7 x1.6 x1.8 x1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

74.6 m89.1 m113.1 m85 m

Depreciation and Amortization

45.2 m51.7 m58.5 m117.1 m

Accounts Receivable

(1.7 m)(606 k)(1 m)4.8 m

Accounts Payable

1.1 m5.2 m5.8 m18.5 m

Cash From Operating Activities

120.6 m146.1 m186.2 m225.6 m

Cash From Investing Activities

(114.3 m)(335 m)(328.7 m)(1.8 b)

Cash From Financing Activities

(4 m)187.9 m141 m1.6 b

Income Taxes Paid

1.1 m981 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

37.5 m63.2 m22.6 m51.2 m82.9 m28.2 m71.7 m66.8 m20.5 m

Depreciation and Amortization

24.4 m37.8 m14.2 m28.8 m43.4 m16.4 m34.7 m76.1 m37.6 m

Accounts Receivable

(189 k)(514 k)13 k(404 k)(715 k)2.6 m2.2 m4.3 m(281 k)

Accounts Payable

(3 m)5.7 m(7.9 m)(3.9 m)5.8 m(10.1 m)(11.1 m)5.8 m(29 m)

Cash From Operating Activities

60.3 m107.6 m30.9 m80.7 m138.1 m37.9 m92.9 m149.4 m28 m

Cash From Investing Activities

(203 m)(255.1 m)(140 m)(222 m)(298.8 m)(342.6 m)(415.5 m)(1.8 b)(52.7 m)

Cash From Financing Activities

140.2 m145.4 m110.9 m139.4 m158.3 m304 m1.2 b1.6 b5.8 m

Income Taxes Paid

943 k1.1 m970 k911 k220 k
USDY, 2017

Revenue/Employee

83.5 k

Financial Leverage

1.9 x

Traffic Overview of Uncle Bob's Self Storage (Sovran Self Storage)

Uncle Bob's Self Storage (Sovran Self Storage) Online and Social Media Presence

Uncle Bob's Self Storage (Sovran Self Storage) Company Life and Culture

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