IRM Stock Analysis: Iron Mountain | NYSE
REIT - Specialty | NYSE, USA | Market Cap: 34.950m USD | 12M Return: 29.3% | US46284V1017 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 178M
EPS Trend: 85.4%
Qual. Beats: 2
Rev. Trend: 99.4%
Qual. Beats: 3
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Iron Mountain Incorporated (NYSE: IRM) is a global information management company headquartered in Portsmouth, New Hampshire, and incorporated in Delaware since its founding in 1951. It serves more than 240,000 customers across 61 countries, including approximately 95% of the Fortune 1000, providing services spanning information management, digital transformation, information security, data center operations, and asset lifecycle management.
Classified within the Real Estate sector as an Other Specialized REIT, Iron Mountains business model combines service-based revenue with a substantial owned-property portfolio of records storage facilities and data centers, a structure that requires it to distribute the majority of its taxable income to shareholders as dividends.
- Data center segment revenue grows with hyperscale lease wins
- Records storage declines as customers digitize physical archives
- Interest rate hikes pressure REIT valuations across the sector
| Net Income: 418.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 3.05 > 1.0 |
| NWC/Revenue: -10.50% < 20% (prev -17.10%; Δ 6.60% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.66b > Net Income 418.7m |
| Net Debt (21.7b) to EBITDA (2.51b): 8.64 < 3 |
| Current Ratio: 0.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (299.8m) vs 12m ago 1.52% < -2% |
| Gross Margin: 54.21% > 18% (prev 56.04%; Δ -1.83% > 0.5%) |
| Asset Turnover: 35.90% > 50% (prev 31.93%; Δ 3.97% > 0%) |
| Interest Coverage Ratio: 1.62 > 6 (EBIT TTM 1.46b / Interest Expense TTM 900.2m) |
| A: -0.04 (Total Current Assets 2.10b - Total Current Liabilities 2.90b) / Total Assets 22.0b |
| B: -0.26 (Retained Earnings -5.69b / Total Assets 22.0b) |
| C: 0.07 (EBIT TTM 1.46b / Avg Total Assets 21.1b) |
| D: -0.06 (Book Value of Equity -1.28b / Total Liabilities 22.8b) |
| Altman-Z'' = -0.67 = B |
| DSRI: 0.91 (Receivables 1.49b/1.39b, Revenue 7.56b/6.44b) |
| GMI: 1.03 (GM 56.04% / 54.21%) |
| AQI: 0.93 (AQ_t 0.33 / AQ_t-1 0.35) |
| SGI: 1.17 (Revenue 7.56b / 6.44b) |
| TATA: -0.06 (NI 418.7m - CFO 1.66b) / TA 22.0b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of September 03, 2026, the stock is trading at USD 111.84 with a total of 2,651,685 shares traded. Over the past week, the price has changed by -7.90%, over one month by -9.86%, over three months by -12.34% and over the past year by +29.28%.
Current recommended Stop Loss: 105.90 (which is 5.3% or 1.4 ATR below the current price).
Iron Mountain has received a consensus analysts rating of 4.27. Therefore, it is recommended to buy IRM.
- StrongBuy: 6
- Buy: 4
- Hold: 0
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 144.6 | 29.3% |
P/E Trailing = 83.2624
P/E Forward = 69.4444
P/S = 4.6215
P/B = 1516.5122
P/EG = 2.701
Revenue TTM = 7.56b USD
EBIT TTM = 1.46b USD
EBITDA TTM = 2.51b USD
Long Term Debt = 17.1b USD (from longTermDebt, last quarter)
Short Term Debt = 220.8m USD (from shortTermDebt, last quarter)
Debt = 21.9b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.27b
Net Debt = 21.7b USD (calculated: Debt 21.9b - CCE 204.8m)
Enterprise Value = 56.6b USD (35.0b + Debt 21.9b - CCE 204.8m)
Interest Coverage Ratio = 1.62 (Ebit TTM 1.46b / Interest Expense TTM 900.2m)
EV/FCF = -117.7x (Enterprise Value 56.6b / FCF TTM -481.0m)
FCF Yield = -0.85% (FCF TTM -481.0m / Enterprise Value 56.6b)
FCF Margin = -6.36% (FCF TTM -481.0m / Revenue TTM 7.56b)
Net Margin = 5.54% (Net Income TTM 418.7m / Revenue TTM 7.56b)
Gross Margin = 54.21% ((Revenue TTM 7.56b - Cost of Revenue TTM 3.46b) / Revenue TTM)
Gross Margin QoQ = 52.76% (prev 54.04%)
Tobins Q-Ratio = 2.58 (Enterprise Value 56.6b / Total Assets 22.0b)
Interest Expense / Debt = 4.11% (Interest Expense 900.2m / Debt 21.9b)
Taxrate = 13.83% (69.7m / 504.2m)
NOPAT = 1.26b (EBIT 1.46b * (1 - 13.83%))
Current Ratio = 0.73 (Total Current Assets 2.10b / Total Current Liabilities 2.90b)
Debt / Equity = -17.08 (negative equity) (Debt 21.9b / totalStockholderEquity, last quarter -1.28b)
Debt / EBITDA = 8.64 (Net Debt 21.7b / EBITDA 2.51b)
Debt / FCF = -45.06 (negative FCF - burning cash) (Net Debt 21.7b / FCF TTM -481.0m)
Total Stockholder Equity = -1.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.99% (Net Income 418.7m / Total Assets 22.0b)
RoE = -38.42% (negative equity) (Net Income TTM 418.7m / Total Stockholder Equity -1.09b)
RoCE = 9.11% (EBIT 1.46b / Capital Employed (Equity -1.09b + L.T.Debt 17.1b))
RoIC = 6.60% (NOPAT 1.26b / Invested Capital 19.1b)
WACC = 7.32% (E(35.0b)/V(56.8b) * Re(9.69%) + D(21.9b)/V(56.8b) * Rd(4.11%) * (1-Tc(0.14)))
Discount Rate = 9.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.43 | Cagr: 0.69%
[DCF] Fair Price = unknown (Cash Flow -481.0m)
EPS Correlation: 85.44 | EPS CAGR: 30.97% | SUE: 2.15 | # QB: 2
Revenue Correlation: 99.43 | Revenue CAGR: 12.86% | SUE: 2.03 | # QB: 3
EPS current Quarter (2026-09-30): EPS=0.61 | Chg30d=-1.17% | Revisions=-22% | Analysts=6
EPS current Year (2026-12-31): EPS=2.48 | Chg30d=+1.90% | Revisions=+22% | GrowthEPS=+17.0% | GrowthRev=+16.1%
EPS next Year (2027-12-31): EPS=2.73 | Chg30d=+2.16% | Revisions=+12% | GrowthEPS=+10.2% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: +5% (up=9, down=8)