Overview Dividends

(IRM) Iron Mountain - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US46284V1017

Storage, Archiving, Data Centers, Asset Management

IRM EPS (Earnings per Share)

EPS Growth (3Y CAGR): -58.19%
EPS Trend (3Y Correlation): -38.1%

IRM Revenue

Revenue Growth (3Y CAGR): 10.93%
Revenue Trend (3Y Correlation): 98.9%

Description: IRM Iron Mountain October 14, 2025

Iron Mountain Incorporated (NYSE: IRM) provides information-management, digital-transformation, security, data-center, and asset-lifecycle services to over 240,000 customers in 61 countries, including roughly 95 % of the Fortune 1000. The company positions itself as a bridge between physical and digital assets, emphasizing safety, security, sustainability, and innovation.

Key operating metrics (FY 2023) show total revenue of $1.61 billion, an adjusted EBITDA margin of 38 %, and a portfolio occupancy rate of ~93 % across its storage and data-center facilities. IRM’s dividend yield sits near 5.2 % with a payout ratio of ≈ 70 %, reflecting its REIT-style cash-flow generation. The firm has delivered a compound annual revenue growth of ≈ 5 % over the past five years, driven largely by expanding data-center capacity.

Sector-wide, demand for secure off-site storage and colocation services is being accelerated by stricter data-privacy regulations (e.g., GDPR, CCPA) and the ongoing digital-transformation of enterprises, which raise the “information-as-an-asset” valuation. However, IRM’s valuation is sensitive to interest-rate movements, as higher rates compress REIT yields and increase borrowing costs for capital-intensive expansions.

For a deeper, data-driven assessment of IRM’s risk-adjusted upside, you may find the analytics on ValueRay worth exploring.

IRM Stock Overview

Market Cap in USD	30,619m
Sub-Industry	Other Specialized REITs
IPO / Inception	1996-01-31

IRM Stock Ratings

Growth Rating	51.4%
Fundamental	38.3%
Dividend Rating	75.1%
Return 12m vs S&P 500	-30.7%
Analyst Rating	4.10 of 5

IRM Dividends

Dividend Yield 12m	3.06%
Yield on Cost 5y	14.51%
Annual Growth 5y	9.16%
Payout Consistency	94.1%
Payout Ratio	2.2%

IRM Growth Ratios

Growth Correlation 3m	83.6%
Growth Correlation 12m	-17.6%
Growth Correlation 5y	96%
CAGR 5y	32.29%
CAGR/Max DD 3y (Calmar Ratio)	0.83
CAGR/Mean DD 3y (Pain Ratio)	3.56
Sharpe Ratio 12m	0.69
Alpha	-34.61
Beta	1.076
Volatility	26.51%
Current Volume	3222.1k
Average Volume 20d	1076.7k
Stop Loss	97.1 (-3.4%)
Signal	0.19

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (41.3m TTM) > 0 and > 6% of Revenue (6% = 386.6m TTM)

FCFTA -0.05 (>2.0%) and ΔFCFTA -3.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -17.10% (prev -7.64%; Δ -9.46pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 1.26b > Net Income 41.3m (YES >=105%, WARN >=100%)

Net Debt (17.63b) to EBITDA (1.90b) ratio: 9.28 <= 3.0 (WARN <= 3.5)

Current Ratio 0.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (295.4m) change vs 12m ago -0.16% (target <= -2.0% for YES)

Gross Margin 56.04% (prev 56.65%; Δ -0.61pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 33.78% (prev 32.39%; Δ 1.39pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.13 (EBITDA TTM 1.90b / Interest Expense TTM 799.5m) >= 6 (WARN >= 3)

Altman Z'' -1.14

(A) -0.05 = (Total Current Assets 1.90b - Total Current Liabilities 3.00b) / Total Assets 20.18b

(B) -0.25 = Retained Earnings (Balance) -5.09b / Total Assets 20.18b

(D) -0.26 = Book Value of Equity -5.45b / Total Liabilities 20.67b

Total Rating: -1.14 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 38.32

1. Piotroski 2.50pt = -2.50

2. FCF Yield -2.19% = -1.10

3. FCF Margin -16.41% = -6.15

4. Debt/Equity -23.26 = -2.50

5. Debt/Ebitda 9.28 = -2.50

6. ROIC - WACC (= -0.96)% = -1.20

7. RoE -7.42% = -1.24

8. Rev. Trend 98.88% = 7.42

9. EPS Trend -38.15% = -1.91

What is the price of IRM shares?

As of November 07, 2025, the stock is trading at USD 100.47 with a total of 3,222,052 shares traded.
Over the past week, the price has changed by -0.86%, over one month by -5.55%, over three months by +6.01% and over the past year by -17.54%.

Is Iron Mountain a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Iron Mountain (NYSE:IRM) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 38.32 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of IRM is around 117.11 USD . This means that IRM is currently undervalued and has a potential upside of +16.56% (Margin of Safety).

Is IRM a buy, sell or hold?

Iron Mountain has received a consensus analysts rating of 4.10. Therefore, it is recommended to buy IRM.

Strong Buy: 4
Buy: 5
Hold: 0
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the IRM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	115	14.5%
Analysts Target Price	115	14.5%
ValueRay Target Price	128	27.4%

IRM Fundamental Data Overview November 04, 2025

Market Cap USD = 30.62b (30.62b USD * 1.0 USD.USD)
P/E Trailing = 740.5
P/E Forward = 58.8235
P/S = 4.7522
P/B = 1516.5122
P/EG = 1.08
Beta = 1.076
Revenue TTM = 6.44b USD
EBIT TTM = 906.5m USD
EBITDA TTM = 1.90b USD
Long Term Debt = 14.82b USD (from longTermDebt, last quarter)
Short Term Debt = 777.9m USD (from shortTermDebt, last quarter)
Debt = 17.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 17.63b USD (from netDebt column, last quarter)
Enterprise Value = 48.25b USD (30.62b + Debt 17.85b - CCE 218.0m)
Interest Coverage Ratio = 1.13 (Ebit TTM 906.5m / Interest Expense TTM 799.5m)
FCF Yield = -2.19% (FCF TTM -1.06b / Enterprise Value 48.25b)
FCF Margin = -16.41% (FCF TTM -1.06b / Revenue TTM 6.44b)
Net Margin = 0.64% (Net Income TTM 41.3m / Revenue TTM 6.44b)
Gross Margin = 56.04% ((Revenue TTM 6.44b - Cost of Revenue TTM 2.83b) / Revenue TTM)
Gross Margin QoQ = 55.91% (prev 55.40%)
Tobins Q-Ratio = 2.39 (Enterprise Value 48.25b / Total Assets 20.18b)
Interest Expense / Debt = 1.17% (Interest Expense 209.5m / Debt 17.85b)
Taxrate = -60.26% (out of range, set to none) (16.3m / -27.0m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 0.63 (Total Current Assets 1.90b / Total Current Liabilities 3.00b)
Debt / Equity = -23.26 (negative equity) (Debt 17.85b / totalStockholderEquity, last quarter -767.4m)
Debt / EBITDA = 9.28 (Net Debt 17.63b / EBITDA 1.90b)
Debt / FCF = -16.68 (negative FCF - burning cash) (Net Debt 17.63b / FCF TTM -1.06b)
Total Stockholder Equity = -557.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.20% (Net Income 41.3m / Total Assets 20.18b)
RoE = -7.42% (negative equity) (Net Income TTM 41.3m / Total Stockholder Equity -557.0m)
RoCE = 6.36% (EBIT 906.5m / Capital Employed (Equity -557.0m + L.T.Debt 14.82b))
RoIC = 5.34% (EBIT 906.5m / (Assets 20.18b - Curr.Liab 3.00b - Cash 218.0m))
WACC = 6.30% (E(30.62b)/V(48.47b) * Re(9.98%) + (debt cost/tax rate unavailable))
Discount Rate = 9.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.06%
Fair Price DCF = unknown (Cash Flow -1.06b)
EPS Correlation: -38.15 | EPS CAGR: -58.19% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.88 | Revenue CAGR: 10.93% | SUE: 1.32 | # QB: 1

Additional Sources for IRM Stock

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