Iron Mountain Incorporated

Iron Mountain Incorporated

IRMยทNYSE

$128.22

-0.19%
Real EstateREIT - Specialty

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.

At a Glance

Live Snapshot
Market Cap$38.15B
EPS0.4900
P/E Ratio261.66
Earnings Date08/05/2026
Iron Mountain Incorporated

Iron Mountain Incorporated Fair Value Envelope

IRM ยท NYSE

Our analysis suggests that IRM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $128.215, this represents a potential HIDDEN relative to our calculated worth for Iron Mountain Incorporated.

Intrinsic Value
Current Price: $128.215

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.1B
+ Cash & Equivalents$158.5M
Firm Value$1.2B
- Debt$19.1B
Equity Value-$17.8B
/ Shares Outstanding295,589,491B
DCF Value-$60
OVERVALUED BY 147%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$780.6M
$454.7M
$264.9M
$154.3M
$89.9M
$52.4M
$30.5M
$17.8M
$10.3M
$6.0M
Maintenance CapEx
-$264.7M
-$154.2M
-$89.8M
-$52.3M
-$30.5M
-$17.8M
-$10.3M
-$6.0M
-$3.5M
-$2.0M
Owner Earnings
$515.9M
$300.5M
$175.1M
$102.0M
$59.4M
$34.6M
$20.2M
$11.7M
$6.8M
$4.0M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$477.7M
$257.7M
$139.0M
$75.0M
$40.4M
$21.8M
$11.8M
$6.3M
$3.4M
$1.8M
Terminal Value represents 2.9% of Enterprise Value