SuperworthIron Mountain IRM
- Market cap
- $32.7B
- PE
- 78.5×
- 10y median 47.1×
- Forward PE
- 43.1×
- 10y median 34.7×
- Price to FFO
- 36.4×
- its own FFO
- Price to sales
- 4.3×
- EV/EBIT
- 35.4×
- Revenue, 12 months
- $7.6B
- +17% on a year ago
- Net margin
- 5.5%
Iron Mountain trades at 36.4× its funds from operations, the earnings measure REITs are valued on. Revenue was $7.6B over the last twelve months, up 17% on a year earlier with a 6% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.4B+8% | $1.4B+11% | $1.5B+12% | $1.5B+13% | $1.6B+12% | $1.6B+11% | $1.6B+8% | $1.7B+12% | $1.8B+13% | $1.8B+17% | $1.9B+22% | $2B+19% | |
| Cost of revenue | $592.2M+9% | $601.3M+11% | $653.3M+14% | $676M+14% | $678.4M+15% | $688.9M+15% | $710.2M+9% | $754.8M+12% | $791.9M+17% | $822.5M+19% | $889.8M+25% | $958.6M+27% |
| Gross profit | $796M+7% | $818.5M+11% | $823.6M+11% | $858.4M+12% | $879M+10% | $892.3M+9% | $882.3M+7% | $957.1M+12% | $962.2M+10% | $1B+14% | $1B+19% | $1.1B+12% |
| SG&A | $315M+10% | $314.9M+13% | $319.5M+9% | $344.8M+11% | $341.9M+9% | $333.3M+6% | $329.7M+3% | $390.5M+13% | $335.2M−2% | $338.5M+2% | $372.8M+13% | $402.3M+3% |
| $237.8M−17% | $230.8M−7% | $245.6M+2% | $230.3M+8% | $251.2M+6% | $282.4M+22% | $254.3M+4% | $259.9M+13% | $308.6M+23% | $341M+21% | $395.2M+55% | $373.5M+44% | |
| Interest expense | $152.8M+26% | $151.8M+11% | $164.5M+20% | $176.5M+22% | $186.1M+22% | $194.5M+28% | $194.7M+18% | $205.1M+16% | $209.7M+13% | $219.8M+13% | $223.8M+15% | $223.4M+9% |
| Pre-tax income | $101.3M−53% | $38.2M−73% | $93.6M+14% | $47.9M+788% | −$21.3M | $124.2M+225% | $31.1M−67% | −$27M | $102.8M | $104.3M−16% | $176.1M+467% | $120.9M |
| $9.9M−59% | $9M−48% | $16.6M−1% | $13.3M+213% | $12.4M+25% | $18.5M+106% | $14.8M−11% | $16.3M+22% | $16.6M+34% | $11.2M−40% | $27.1M+83% | $14.8M−9% | |
| Net income | $91M−53% | $28.5M−77% | $74.1M+15% | $35.8M+31289% | −$33.6M | $103.9M+265% | $16M−79% | −$44.9M | $84.3M | $89.3M−14% | $143.7M+801% | $101.4M |
| $0.31−53% | $0.10−76% | $0.25+14% | $0.12 | −$0.11 | $0.35+250% | $0.05−80% | −$0.15 | $0.28 | $0.30−14% | $0.48+860% | $0.34 | |
| 294.3M+1% | 295M+1% | 295.2M+1% | 295.8M+1% | 293.6M−0% | 297.2M+1% | 297.3M+1% | 295.4M−0% | 298M+2% | 298.4M+0% | 298.8M+1% | 299.8M+2% |
Gross profit: 56 periods, Q3 FY12 to Q2 FY26: not printed by the filing, worked out from its own lines.
Net income: Q1 FY16: not printed by the filing, worked out from its own lines.
EPS, diluted: 9 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 17 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $2B | $2B to $2B | $0.61 | $0.60 to $0.62 | 3 |
| Q4 FY26 | $2B | $2B to $2.1B | $0.68 | $0.67 to $0.69 | 3 |
| Q1 FY27 | $2.1B | $2.1B to $2.1B | $0.64 | $0.64 to $0.65 | 1 |
| Q2 FY27 | $2.2B | $2.2B to $2.2B | $0.62 | $0.62 to $0.63 | 1 |
| Q3 FY27 | $2.2B | $2.1B to $2.2B | $0.69 | $0.68 to $0.69 | 1 |
| Q4 FY27 | $2.2B | $2.2B to $2.3B | $0.73 | $0.72 to $0.74 | 1 |
| Q1 FY28 | $2.1B | $2B to $2.1B | $0.60 | $0.59 to $0.60 | 2 |
| Q2 FY28 | $2.2B | $2.1B to $2.2B | $0.59 | $0.58 to $0.59 | 2 |
Peers
Companies in REIT - Specialty nearest Iron Mountain's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| IRMIron Mountain | $32.7B | 78.5× | 47.1× | 43.1× | 4.3× | +17% | 5.5% |
| CCICrown Castle | $36.6B | 43.6× | 78.2× | 32.2× | 8.8× | −5% | 20.7% |
| VMRKVivmark Residential | $47.3B | 55.3× | 57.3× | n/m | 15.1× | +3% | 28.0% |
| SBACSBA Communications | $19.6B | 19.9× | 81.2× | n/m | 6.8× | +5% | 34.5% |
| HSTHost Hotels & Resorts | $16.9B | 16.6× | 17.1× | n/m | 2.7× | +5% | 16.5% |
| DLRDigital Realty Trust | $63.8B | 83.3× | 69.1× | 75.9× | 9.4× | +17% | 11.8% |
| KIMKimco Realty | $15.8B | 27.8× | 25.5× | n/m | 7.2× | +4% | 27.8% |
| LAMRLamar Advertising | $15.7B | 28.3× | 24.4× | n/m | 6.8× | +4% | 23.9% |
| WPCW. P. Carey | $14.6B | 21.8× | 26.7× | n/m | 8.1× | +9% | 36.3% |
| WYWeyerhaeuser | $14B | 29.5× | 31.5× | n/m | 2.1× | −3% | 6.9% |
| OHIOmega Healthcare Investors | $14B | 16.7× | 25.6× | n/m | 10.9× | +15% | 67.0% |
| Peer median | $16.4B | 28.0× | 29.1× | 54.0× | 7.7× | +5% | 25.8% |
Investors who own it
Investors we follow who held Iron Mountain at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.1% of portfoliotrimmed
More on Iron Mountain
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #5of 13Real estate stocks with the fastest expected revenue growth
- #9of 13Real estate stocks with the highest dividend yields
- #10of 14Real estate stocks with the lowest forward PE
Its groups
About
- Industry
- REIT - Specialty
- Sector
- Real Estate
Valuation data, not investment advice. Prices as of .