(IRM) Iron Mountain - Overview

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

Stock: Records, Data, Centers, Destruction, Cloud

Total Rating 13

Risk 51

Buy Signal -1.98

REIT - Specialty » Other Specialized REITs
Age: 30y

Market Cap: 27,233m
Avg Trading Vol: 174M USD

ATR: 2.79%
Peers RS (IBD): 0.10

EPS (Earnings per Share)

EPS CAGR: -45.50%
EPS Trend: -24.8%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 11.67%
Rev. Trend: 98.7%

Last SUE: 0.03
Qual. Beats: 0

Dividends

Dividend Yield	3.49%
Yield on Cost 5y	12.39%
Yield CAGR 5y	6.78%
Payout Consistency	90.5%
Payout Ratio	2.2%

Risk 5d forecast
Volatility	30.4%
Relative Tail Risk	-0.75%

Reward TTM
Sharpe Ratio	-0.25
Alpha	-25.59

Character TTM
Beta	1.005
Beta Downside	1.237

Drawdowns 3y
Max DD	39.03%
CAGR/Max DD	0.57

Description: IRM Iron Mountain December 17, 2025

Iron Mountain Inc. (NYSE: IRM) provides information-management services to over 240,000 customers across 61 countries, covering roughly 95 % of the Fortune 1000. Its portfolio spans physical and digital records storage, data-center colocation, secure shredding, and asset-lifecycle solutions, all built on a foundation of safety, security, sustainability, and ongoing innovation.

Key metrics that shape IRM’s outlook include a ~ 10 % year-over-year growth in digital-storage revenue (driven by enterprise cloud-migration and regulatory data-retention mandates) and a ~ 7 % operating margin expansion from 2022-2024 as the company leverages higher-value digital services. The REIT’s performance is also sensitive to macro-factors such as corporate capital-expenditure cycles, data-privacy legislation (e.g., GDPR, CCPA), and the broader demand for secure, off-site data-center capacity amid rising cyber-risk concerns.

For a deeper, data-driven assessment of IRM’s valuation and risk profile, you might explore the analytics platform ValueRay, which aggregates real-time financial and sector data to help pinpoint high-expected-value opportunities.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 159.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.06 > 0.02 and ΔFCF/TA -3.75 > 1.0
NWC/Revenue: -14.68% < 20% (prev -9.81%; Δ -4.87% < -1%)
CFO/TA 0.06 > 3% & CFO 1.27b > Net Income 159.3m
Net Debt (18.28b) to EBITDA (2.08b): 8.81 < 3
Current Ratio: 0.66 > 1.5 & < 3
Outstanding Shares: last quarter (298.0m) vs 12m ago 1.49% < -2%
Gross Margin: 55.63% > 18% (prev 0.56%; Δ 5507 % > 0.5%)
Asset Turnover: 33.96% > 50% (prev 32.42%; Δ 1.54% > 0%)
Interest Coverage Ratio: 1.28 > 6 (EBITDA TTM 2.08b / Interest Expense TTM 822.2m)

Altman Z'' -1.05

A: -0.05 (Total Current Assets 1.88b - Total Current Liabilities 2.86b) / Total Assets 20.63b
B: -0.25 (Retained Earnings -5.24b / Total Assets 20.63b)
C: 0.05 (EBIT TTM 1.05b / Avg Total Assets 19.55b)
D: -0.26 (Book Value of Equity -5.61b / Total Liabilities 21.24b)
Altman-Z'' Score: -1.05 = CCC

Beneish M -3.04

DSRI: 0.99 (Receivables 1.37b/1.24b, Revenue 6.64b/5.99b)
GMI: 1.01 (GM 55.63% / 56.43%)
AQI: 0.92 (AQ_t 0.35 / AQ_t-1 0.38)
SGI: 1.11 (Revenue 6.64b / 5.99b)
TATA: -0.05 (NI 159.3m - CFO 1.27b) / TA 20.63b)
Beneish M-Score: -3.04 (Cap -4..+1) = AA

What is the price of IRM shares?

As of February 04, 2026, the stock is trading at USD 88.61 with a total of 1,753,764 shares traded.
Over the past week, the price has changed by -3.39%, over one month by +5.90%, over three months by -13.63% and over the past year by -8.78%.

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.

StrongBuy: 4
Buy: 5
Hold: 0
Sell: 0
StrongSell: 1

What are the forecasts/targets for the IRM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	116	30.9%
Analysts Target Price	116	30.9%
ValueRay Target Price	106.7	20.4%

IRM Fundamental Data Overview February 03, 2026

P/E Trailing = 173.8302
P/E Forward = 49.505
P/S = 4.1014
P/B = 1516.5122
P/EG = 1.08
Revenue TTM = 6.64b USD
EBIT TTM = 1.05b USD
EBITDA TTM = 2.08b USD
Long Term Debt = 15.49b USD (from longTermDebt, last quarter)
Short Term Debt = 699.3m USD (from shortTermDebt, last quarter)
Debt = 18.48b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 18.28b USD (from netDebt column, last quarter)
Enterprise Value = 45.51b USD (27.23b + Debt 18.48b - CCE 195.2m)
Interest Coverage Ratio = 1.28 (Ebit TTM 1.05b / Interest Expense TTM 822.2m)
EV/FCF = -39.31x (Enterprise Value 45.51b / FCF TTM -1.16b)
FCF Yield = -2.54% (FCF TTM -1.16b / Enterprise Value 45.51b)
FCF Margin = -17.44% (FCF TTM -1.16b / Revenue TTM 6.64b)
Net Margin = 2.40% (Net Income TTM 159.3m / Revenue TTM 6.64b)
Gross Margin = 55.63% ((Revenue TTM 6.64b - Cost of Revenue TTM 2.95b) / Revenue TTM)
Gross Margin QoQ = 54.85% (prev 55.91%)
Tobins Q-Ratio = 2.21 (Enterprise Value 45.51b / Total Assets 20.63b)
Interest Expense / Debt = 1.14% (Interest Expense 209.7m / Debt 18.48b)
Taxrate = 16.14% (16.6m / 102.8m)
NOPAT = 883.3m (EBIT 1.05b * (1 - 16.14%))
Current Ratio = 0.66 (Total Current Assets 1.88b / Total Current Liabilities 2.86b)
Debt / Equity = -20.95 (negative equity) (Debt 18.48b / totalStockholderEquity, last quarter -882.0m)
Debt / EBITDA = 8.81 (Net Debt 18.28b / EBITDA 2.08b)
Debt / FCF = -15.79 (negative FCF - burning cash) (Net Debt 18.28b / FCF TTM -1.16b)
Total Stockholder Equity = -712.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.81% (Net Income 159.3m / Total Assets 20.63b)
RoE = -22.34% (negative equity) (Net Income TTM 159.3m / Total Stockholder Equity -712.8m)
RoCE = 7.13% (EBIT 1.05b / Capital Employed (Equity -712.8m + L.T.Debt 15.49b))
RoIC = 6.14% (NOPAT 883.3m / Invested Capital 14.39b)
WACC = 6.12% (E(27.23b)/V(45.71b) * Re(9.62%) + D(18.48b)/V(45.71b) * Rd(1.14%) * (1-Tc(0.16)))
Discount Rate = 9.62% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.50%
Fair Price DCF = unknown (Cash Flow -1.16b)
EPS Correlation: -24.78 | EPS CAGR: -45.50% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.67 | Revenue CAGR: 11.67% | SUE: 0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.48 | Chg30d=-0.007 | Revisions Net=-1 | Analysts=5
EPS next Year (2026-12-31): EPS=2.27 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+11.0% | Growth Revenue=+10.6%

Additional Sources for IRM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle