Iron Mountain Inc (IRM)
Real Estate · Other Specialized REITs · US stock · S&P 500 component
$112.51
▼ -0.17 (0.15%)
Day's range
$111.05 – $114.15
52-week range
$76.03 – $133.64
Red flags⚠ Negative equity
About Iron Mountain Inc
Iron Mountain stores and protects information and physical assets for other organisations. It began with paper records and now offers records and information management, secure shredding, digital document services, data centres and asset lifecycle management. Customers include large corporations, healthcare providers, financial institutions and government bodies. It is structured as a real estate investment trust, owning or leasing many storage facilities.
Revenue comes from recurring storage rent and service fees, together with project work such as shredding and digitisation. It totals $7.6 billion over the last twelve months, rising 10.6% a year across the last three years. The operating margin is 18.8%, and the business earns a profit of 8% on the capital invested in it. Iron Mountain carries net debt of 6.8 times EBITDA, and the dividend yield is 3.1%. On the site's X-Ray Score it receives 40 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $76.03 – $133.64Volume 1,375,500Daily, split-adjusted
Vitals
Market cap$33.7B
52-week range$76.03 – $133.64
Volume (last day)1,375,500
P/E (TTM)77.3
EBIT / EV yield2.8%
Free-cash-flow yield-1.5%
Dividend yield3.1%
Revenue (TTM)$7.6B
Net income (TTM)$434M
Operating margin18.8%
Return on capital7.7%
Debt incl. leases$17.3B
Cash & securities$205M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
Not rated
REIT valuation (FFO multiples + DDM) not built yet: not rated
What this means
Read the lenses below
A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
Valuation
Weak
17/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.8%
Free-cash-flow yield-1.5%
Growth
Fair
59/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)10.6%
EPS growth (3y)-36.3%
Growth consistency100%
Profitability
Fair
62/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital7.7%
Operating margin18.8%
Financial health
Weak
21/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA6.8×
Interest cover1.6×
Dividends
Weak
46/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield3.1%
Dividend growth8.3%
Quarterly results: last 6 quarters
+7.8%
Mar '25
+11.6%
Jun '25
+12.6%
Sep '25
+16.6%
Dec '25
+21.6%
Mar '26
+18.5%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.0B, diluted EPS $0.34.
Fundamentals checklist
● 3 Good · ● 2 Average · ● 7 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioAverage
Net debt / EBITDABad
Interest coverBad
Valuation
EBIT / EV yieldBad
Profitability
Return on invested capitalAverage
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 37/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $4.5B | $5.1B | $5.5B | $6.1B | $6.9B |
| Operating income | $854M | $1.0B | $922M | $1.0B | $1.2B |
| Net income | $453M | $562M | $187M | $184M | $152M |
| Operating cash flow | $759M | $928M | $1.1B | $1.2B | $1.3B |
| Operating margin | 19.0% | 20.6% | 16.8% | 16.4% | 16.9% |
| Free cash flow | $148M | $52M | −$226M | −$595M | −$932M |
| Diluted EPS | $1.55 | $1.90 | $0.63 | $0.61 | $0.49 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
1 bullish · 4 neutral · 11 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 113.8 | Bearish |
| EMA 10 | 113.2 | Bearish |
| SMA 20 | 113.6 | Bearish |
| EMA 20 | 113.7 | Bearish |
| SMA 50 | 116.3 | Bearish |
| EMA 50 | 115.7 | Bearish |
| SMA 100 | 120.1 | Bearish |
| EMA 100 | 116.4 | Bearish |
| SMA 200 | 112.5 | Bearish |
| EMA 200 | 112.6 | Bearish |
Oscillators (daily)
| RSI (14) | 46.07 | Neutral |
| MACD (12, 26) | -0.75 | Bearish |
| Momentum (12) | 1.41 | Bullish |
| Stochastic %K (14) | 49.01 | Neutral |
| Williams %R (14) | -50.99 | Neutral |
| CCI (20) | -35.49 | Neutral |
Pivot points (classic, last session)
S3 107.9 | S2 109.5 | S1 111.0 | Pivot 112.6 | R1 114.1 | R2 115.7 | R3 117.2 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.46 USD
Yield on today's price
3.07%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 15 Sep 2026 | 0.8640 |
| 15 Jun 2026 | 0.8640 |
| 16 Mar 2026 | 0.8640 |
| 15 Dec 2025 | 0.8640 |
| 15 Sep 2025 | 0.7850 |
| 16 Jun 2025 | 0.7850 |
| 17 Mar 2025 | 0.7850 |
| 16 Dec 2024 | 0.7150 |
| 16 Sep 2024 | 0.7150 |
| 17 Jun 2024 | 0.6500 |
| 17 Mar 2024 | 0.7850 |
| 14 Mar 2024 | 0.6500 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
IRM SEC filings
5 Aug 2026
10-QSEC EDGAR
Quarterly report
5 Aug 2026
8-KSEC EDGAR
Results of operations
26 Jun 2026
8-KSEC EDGAR
Entered a material agreement
12 May 2026
8-KSEC EDGAR
Shareholder vote results; Other events
30 Apr 2026
10-QSEC EDGAR
Quarterly report
30 Apr 2026
8-KSEC EDGAR
Results of operations
24 Mar 2026
DEF 14ASEC EDGAR
Proxy statement
9 Mar 2026
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.