Iron Mountain Inc
Research Iron Mountain Inc (IRM) on Bullrun: valuation model: 23.8% overvalued, market cap USD 34.09B, P/E 81.7, dividend yield 3.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerIRM
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Specialty
- CurrencyUSD
- Valuation signal23.8% overvalued
- Market capUSD 34.09B
- P/E81.7
- Dividend yield3.0%
- Financial periodQ2 2026
- RevenueUSD 2.03B
- Net incomeUSD 101.43M
- Free cash flow-USD 75.90M
- Gross margin52.8%
Valuation Snapshot
Bullrun's latest valuation model marks Iron Mountain Inc as 23.8% overvalued; latest market cap is USD 34.09B; P/E is 81.7; dividend yield is 3.0%.
Peer valuation comparison
Latest P/E is 81.72x versus a Real Estate sector median of 14.04x (481.9% above).
Latest dividend yield is 3% versus a Real Estate sector median of 4.76% (37.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 6.90B | USD 152.25M | -USD 931.63M | 55.4% | 0.49 | USD 158.54M | USD 16.43B | -USD 981.01M |
| FY2024 | USD 6.15B | USD 183.67M | -USD 594.86M | 56.2% | 0.61 | USD 155.72M | USD 13.72B | -USD 503.12M |
| FY2023 | USD 5.48B | USD 187.26M | -USD 225.66M | 57.0% | 0.63 | USD 222.79M | USD 11.93B | USD 211.65M |
| FY2022 | USD 5.10B | USD 562.15M | USD 52.32M | 57.1% | 1.9 | USD 141.80M | USD 10.57B | USD 636.67M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 34.09B | 81.7 | 3.0% | 3.46 |
| 2025 | 2025-12-31 | USD 24.54B | 172.8 | 3.9% | 3.23 |
| 2024 | 2024-12-31 | USD 30.86B | 172.3 | 2.6% | 2.74 |
| 2023 | 2023-12-29 | USD 20.43B | 73.7 | 3.6% | 2.54 |
| 2022 | 2022-12-30 | USD 14.49B | 29.3 | 5.0% | 2.48 |
| 2021 | 2021-12-31 | USD 15.16B | 33.8 | 4.7% | 2.48 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.46 USD, yield 3.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.22 USD |
| FY2024 | 2.73 USD |
| FY2023 | 2.54 USD |
| FY2022 | 2.47 USD |
About Iron Mountain Inc
Iron Mountain Incorporated is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Iron Mountain Incorporated is based in Portsmouth, New Hampshire.
ETFs that hold Iron Mountain Inc
Iron Mountain Inc is one of the ten largest holdings of 14 ETFs that investors in Europe can buy. The 8 most traded of them:
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Frequently asked questions
Is Iron Mountain Inc overvalued or undervalued?
Bullrun's valuation model currently marks Iron Mountain Inc as 23.8% overvalued.
What is Iron Mountain Inc's market cap?
Iron Mountain Inc's market capitalization is USD 34.09B.
What is Iron Mountain Inc's P/E ratio?
Iron Mountain Inc's price-to-earnings (P/E) ratio is 81.7.
Does Iron Mountain Inc pay a dividend?
Iron Mountain Inc has a dividend yield of 3.0%.
What does Iron Mountain Inc do?
Iron Mountain Incorporated is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Iron Mountain Incorporated is based in Portsmouth, New Hampshire.