Iron Mountain/$IRM
1D1W1MYTD1Y5YMAX
Capital at risk
About Iron Mountain
Iron Mountain Inc is an information management services provider organized and operated as a real estate investment trust. The company offers solutions to its clients to address their information management, digital transformation, information security, data center, and asset lifecycle management (ALM) needs. Its customers come from various industries, including commercial, legal, financial, healthcare, technology, etc. The company has two reportable segments: Global Records and Information Management (Global RIM) and Global Data Center. Maximum revenue is generated from the Global RIM segment, which offers data and records management, secure shredding, consumer storage, and other related services. Geographically, the company generates maximum revenue from the United States.
- Ticker
- $IRM
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 29,400
- Headquarters
- Portsmouth, United States
- Website
- www.ironmountain.com
Iron Mountain Metrics
BasicAdvanced
$34B
81.51
$1.40
1.20
$3.38
3.02%
Price and volume
Market cap
$34B
Beta
1.2
52-week high
$134.68
52-week low
$77.77
Average daily volume
1.5M
Dividend rate
$3.38
Financial strength
Current ratio
0.726
Quick ratio
0.584
Long term debt to equity
-21.748
Total debt to equity
-22.368
Dividend payout ratio (TTM)
238.12%
Interest coverage (TTM)
1.74%
Profitability
EBITDA (TTM)
2,551.013
Gross margin (TTM)
54.21%
Net profit margin (TTM)
5.54%
Operating margin (TTM)
20.65%
Effective tax rate (TTM)
13.83%
Revenue per employee (TTM)
$260,000
Management effectiveness
Return on assets (TTM)
4.63%
Return on equity (TTM)
-62.79%
Valuation
Price to earnings (TTM)
81.505
Price to revenue (TTM)
4.484
Price to book
-35.64
Price to tangible book (TTM)
-4.56
Price to free cash flow (TTM)
-49.768
Free cash flow yield (TTM)
-2.01%
Free cash flow per share (TTM)
-2.297
Dividend yield (TTM)
2.95%
Forward dividend yield
3.02%
Growth
Revenue change (TTM)
17.37%
Earnings per share change (TTM)
898.66%
3-year revenue growth (CAGR)
13.02%
10-year revenue growth (CAGR)
9.21%
3-year earnings per share growth (CAGR)
2.86%
10-year earnings per share growth (CAGR)
14.88%
3-year dividend per share growth (CAGR)
10.93%
10-year dividend per share growth (CAGR)
5.75%
What the Analysts think about Iron Mountain
Analyst ratings (Buy, Hold, Sell) for Iron Mountain stock.
Analyst projections of the future price of Iron Mountain stock.
Bulls say / Bears say
Iron Mountain delivered strong second-quarter momentum: revenue rose 19%, AFFO per share rose 16%, and management raised its 2026 revenue, EBITDA and AFFO guidance. That gives investors evidence that growth is translating into cash generation now, rather than relying only on distant forecasts. (Iron Mountain)
Data-centre leasing is gaining pace, with 110 megawatts leased by July and another 325 megawatts due to energise over the next 18 to 24 months. Large hyperscale leases typically run for 10 to 15 years, which could create a long runway of contracted, recurring revenue if the build-out stays on schedule. (Stock Analysis)
The business is becoming less dependent on traditional records storage: data centres, digital services and asset lifecycle management grew by more than 50% in the second quarter and now make up 35% of revenue. Meanwhile, Global RIM still grew, giving Iron Mountain a cash-generating base to support its newer, faster-growing businesses. (Iron Mountain)
Iron Mountain remains heavily indebted while funding an expensive data-centre expansion. Its latest filing showed $17.1 billion of long-term debt, a stockholders’ equity deficit and $447 million of net interest expense in the first half, leaving less room for error if growth slows. (Iron Mountain)
The future data-centre capacity is not yet fully contracted, and management says large hyperscale lease signings can be lumpy. Delays in leasing or energising the 325-megawatt pipeline could leave capital tied up before it produces the expected earnings. (Stock Analysis, The Motley Fool)
Growth is putting pressure on profitability: second-quarter adjusted EBITDA margin fell 90 basis points year on year, while first-half cost of sales rose faster than revenue. If construction, facilities and product costs keep climbing, strong sales growth may deliver less incremental cash than investors expect. (Iron Mountain)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
Iron Mountain Financial Performance
Revenues and expenses
Iron Mountain Earnings Performance
Company profitability
Upcoming events
Iron Mountain News
AllArticlesVideos

Iron Mountain Partners with the Opéra national de Paris to Preserve and Digitize its Visual Heritage
Business Wire4 days ago

Iron Mountain Eyes 20% Growth as Data Centers, Digital Solutions Drive Cross-Sell
MarketBeat5 days ago

These dividend stocks could catch a tailwind from data center pushback
CNBC2 weeks ago
Funds containing Iron Mountain
AllUSDGBPEUR
Fund name | Fund size | $IRM weighting |
|---|---|---|
iShares Developed Markets Property Yield$IDWP | $1.2B | 2.00% |
iShares Developed Markets Property Yield£IWDP | £859M | 2.00% |
iShares S&P 500 Equal Weight€O4J0 | €4.3B | 0.18% |
iShares S&P 500 Equal Weight£EWSP | £3.7B | 0.18% |
Invesco S&P 500£SPXP | £32B | 0.10% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.