Stocks · Real Estate · REIT - Specialty
Iron Mountain Incorporated IRM
$113.39 +2.03% Close, Oct 2, 2026 · NYSE · Market cap $33.74B
Strong growthStrong trend
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $1.40, up 870.9% year over year.
- Net debt is 7.7× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $7.56B, up 17.4% from a year earlier.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth96Exceptional
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 25%
- EPS growth (TTM, YoY)Top 2%
- Revenue growth, 3-year CAGRTop 27%
- Revenue growth accelerationTop 30%
Quality76Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 29%
- Gross marginTop 41%
- Operating marginBottom 40%
- Cash conversion (OCF / net income)Top 13%
- Accruals (lower is better)Top 21%
- Net debt / EBITDA (lower is better)Bottom 33%
- Interest coverTop 39%
Value26Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 39%
- Free-cash-flow yieldBottom 20%
- EBITDA / enterprise valueBottom 30%
- Sales / enterprise valueTop 32%
- P/E vs own 5-year history (lower is better)Bottom 37%
Momentum83Strong
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 32%
- 6-month returnTop 21%
- 1-year return vs S&P 500Top 20%
- Distance from 52-week highTop 29%
- Trend checklist (0–4)Top 19%
Revisions86Strong
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 46%
- Consecutive EPS beatsTop 19%
- Share of analysts rating BuyTop 22%
- Upside to consensus price targetTop 42%
Stability23Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 31%
- Maximum drawdown, 3 yearsBottom 45%
- Beta vs S&P 500 (lower is better)Bottom 12%
- Net debt / EBITDA (lower is better)Bottom 33%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 15.6% | 17.4% | ↑ |
| EPS growth (YoY) | 119.7% | 870.9% | ↑ |
| Gross margin | 56.0% | 54.2% | ↓ |
| Operating margin | 16.3% | 18.8% | ↑ |
| FCF margin | -16.4% | -6.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 17.4% | 15.6% | ↑ | Top 25% |
| EPS growth (TTM, YoY) | 870.9% | 119.7% | ↑ | Top 2% |
| Gross margin | 54.2% | 56.0% | ↓ | Top 41% |
| Operating margin | 18.8% | 16.3% | ↑ | Bottom 40% |
| Net margin | 5.5% | 0.6% | ↑ | — |
| Free-cash-flow margin | -6.4% | -16.4% | ↑ | — |
| Return on invested capital | 6.3% | — | Top 29% | |
| Revenue growth, 3-year CAGR | 10.6% | — | Top 27% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -10.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 7.74×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.95%
- Net buyback yield (TTM)
- -0.05%
- Shareholder yield
- 2.91%
- Share count change, 1 year
- +1.5%
- Share count change, 3-year CAGR
- +0.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +6.5%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $142.75
- Target vs current price
- +25.9%
- Analysts with a rating
- 21
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +10.5% | +1.3% | -2.5% | -9.0% | — |
| Apr 30, 2026 | +19.8% | +10.0% | +15.3% | +10.7% | +10.9% |
| Feb 12, 2026 | +3.7% | +5.8% | +7.9% | +7.1% | +28.6% |
| Nov 5, 2025 | -8.2% | -2.8% | -2.1% | -18.4% | -13.5% |
| Aug 6, 2025 | -4.4% | -5.8% | -3.6% | -6.0% | +6.1% |
| May 1, 2025 | +7.0% | +2.4% | +8.5% | +9.1% | +9.3% |
| Feb 13, 2025 | -5.7% | -7.3% | -9.0% | -17.2% | -5.5% |
| Nov 6, 2024 | -8.9% | -9.0% | -8.9% | -5.5% | -19.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.60 | $0.54 | +10.5% | $2.03B |
| Apr 30, 2026 | $0.60 | $0.50 | +19.8% | $1.94B |
| Feb 12, 2026 | $0.61 | $0.59 | +3.7% | $1.84B |
| Nov 5, 2025 | $0.54 | $0.59 | -8.2% | $1.75B |
| Aug 6, 2025 | $0.48 | $0.50 | -4.4% | $1.71B |
| May 1, 2025 | $0.43 | $0.40 | +7.0% | $1.59B |
| Feb 13, 2025 | $0.50 | $0.53 | -5.7% | $1.58B |
| Nov 6, 2024 | $0.44 | $0.48 | -8.9% | $1.56B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 81.0× | 90.8× | 48th | Bottom 39% |
| P/E (forward) | 45.6× | — | — | — |
| EV / EBITDA | 21.2× | — | — | Bottom 30% |
| EV / Sales | 7.03× | — | — | Top 32% |
| Free-cash-flow yield | -1.43% | — | — | Bottom 20% |
| Earnings yield | 1.23% | — | — | Bottom 39% |
P/E over the past five years
Range 21.0× – 321.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +10.9%
- Earnings per share growth (TTM)
- +870.9%
- Change in P/E multiple
- -59.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 1
- 50-day average slope (20 days)
- -3.0%
- 200-day average slope (20 days)
- +2.6%
- Distance from 50-day average
- -4.7%
- Distance from 200-day average
- +1.0%
- RSI (14)
- 45.8
- Relative volume
- 1.21×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 28.5%
- Volatility vs own 5-year history
- 46th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.99
- Correlation with S&P 500
- 0.44
- Current drawdown from 1-year high
- -14.8%
- Maximum drawdown, 3 years
- -40.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 28, 2024 | Apr 8, 2025 | -40.0% | 110 days | 268 days (May 4, 2026) |
| Apr 20, 2022 | Sep 27, 2022 | -24.5% | 110 days | 192 days (Jul 5, 2023) |
| Dec 28, 2021 | Feb 23, 2022 | -20.0% | 39 days | 22 days (Mar 25, 2022) |
| Jun 23, 2026 | Sep 30, 2026 | -16.6% | 69 days | Not yet recovered |
| Jan 27, 2021 | Feb 22, 2021 | -14.1% | 17 days | 13 days (Mar 11, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $33.74B
- P/E (TTM)
- 81.0
- EPS, diluted (TTM)
- $1.40
- Revenue (TTM)
- $7.56B
- Dividend yield
- 3.05%
- 52-week range
- $77.77 – $134.68
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $4.49B | $5.10B | $5.48B | $6.15B | $6.90B |
| Gross profit | $2.60B | $2.91B | $3.12B | $3.45B | $1.77B |
| Operating income | $854.2M | $1.05B | $921.8M | $1.01B | $1.41B |
| Net income | $450.2M | $557.0M | $184.2M | $180.2M | $144.6M |
| EPS (diluted) | $1.55 | $1.90 | $0.63 | $0.61 | $0.49 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.56B | $1.58B | $1.59B | $1.71B | $1.75B | $1.84B | $1.94B | $2.03B |
| Net income | -$33.6M | $103.9M | $16.0M | -$44.9M | $84.3M | $89.3M | $143.7M | $101.4M |
| EPS (diluted) | -$0.11 | $0.35 | $0.05 | -$0.15 | $0.28 | $0.30 | $0.48 | $0.34 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $758.9M | $927.7M | $1.11B | $1.20B | $1.34B |
| Capital expenditure | -$624.4M | -$883.6M | -$1.35B | -$1.85B | -$2.27B |
| Free cash flow | $134.5M | $44.1M | -$231.5M | -$657.2M | -$931.6M |
| Dividends paid | -$718.3M | -$724.4M | -$737.6M | -$789.5M | -$919.4M |
| Net share buybacks | $0 | $0 | $0 | -$12.2M | -$36.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $204.8M
- Total assets
- $21.96B
- Total liabilities
- $22.85B
- Total debt
- $19.61B
- Net debt
- $19.41B
- Shareholders’ equity
- -$1.28B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 15, 2026 | $0.86 | Oct 2, 2026 |
| Jun 15, 2026 | $0.86 | Jul 6, 2026 |
| Mar 16, 2026 | $0.86 | Apr 3, 2026 |
| Dec 15, 2025 | $0.86 | Jan 6, 2026 |
| Sep 15, 2025 | $0.79 | Oct 3, 2025 |
| Jun 16, 2025 | $0.79 | Jul 3, 2025 |
| Mar 17, 2025 | $0.79 | Apr 4, 2025 |
| Dec 16, 2024 | $0.72 | Jan 7, 2025 |
Short interest
- Shares sold short
- 7,932,714
- Days to cover
- 4.69
- Change vs previous report
- +22.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 26, 2014
- 541-for-500
- Jan 3, 2007
- 3-for-2
- Jul 1, 2004
- 3-for-2
- Jan 2, 2002
- 3-for-2
- Jan 5, 2000
- 11-for-10