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Real Estate - REIT - Specialty - NYSE - US
$ 77.53
0.44 %
$ 22.8 B
Market Cap
127.1
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one IRM stock under the worst case scenario is HIDDEN Compared to the current market price of 77.5 USD, Iron Mountain Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one IRM stock under the base case scenario is HIDDEN Compared to the current market price of 77.5 USD, Iron Mountain Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one IRM stock under the best case scenario is HIDDEN Compared to the current market price of 77.5 USD, Iron Mountain Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IRM

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$130.0$130.0$125.0$125.0$120.0$120.0$115.0$115.0$110.0$110.0$105.0$105.0$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.0$75.0$75.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
6.15 B REVENUE
12.22%
1.01 B OPERATING INCOME
9.52%
184 M NET INCOME
-1.92%
1.2 B OPERATING CASH FLOW
7.47%
-2.14 B INVESTING CASH FLOW
-47.94%
877 M FINANCING CASH FLOW
105.97%
1.58 B REVENUE
1.54%
282 M OPERATING INCOME
12.45%
106 M NET INCOME
431.69%
432 M OPERATING CASH FLOW
70.64%
-695 M INVESTING CASH FLOW
-44.15%
238 M FINANCING CASH FLOW
-11.99%
Balance Sheet Iron Mountain Incorporated
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Current Assets 1.69 B
Cash & Short-Term Investments 156 M
Receivables 1.29 B
Other Current Assets 244 M
Non-Current Assets 17 B
Long-Term Investments 0
PP&E 10.1 B
Other Non-Current Assets 6.9 B
6.90 %54.08 %36.89 %Total Assets$18.7b
Current Liabilities 3.09 B
Accounts Payable 679 M
Short-Term Debt 2.4 B
Other Current Liabilities 11.5 M
Non-Current Liabilities 15.9 B
Long-Term Debt 2.33 B
Other Non-Current Liabilities 13.5 B
3.58 %12.65 %12.33 %71.38 %Total Liabilities$18.9b
EFFICIENCY
Earnings Waterfall Iron Mountain Incorporated
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Revenue 6.15 B
Cost Of Revenue 0
Gross Profit 6.15 B
Operating Expenses 5.14 B
Operating Income 1.01 B
Other Expenses 826 M
Net Income 184 M
7b7b6b6b5b5b4b4b3b3b2b2b1b1b006b06b(5b)1b(826m)184mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
16.42% OPERATING MARGIN
16.42%
2.93% NET MARGIN
2.93%
-35.81% ROE
-35.81%
0.96% ROA
0.96%
4.21% ROIC
4.21%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Iron Mountain Incorporated
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600m600m400m400m200m200m00(200m)(200m)(400m)(400m)(600m)(600m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 184 M
Depreciation & Amortization 926 M
Capital Expenditures -1.79 B
Stock-Based Compensation 118 M
Change in Working Capital 0
Others -62.6 M
Free Cash Flow -595 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Iron Mountain Incorporated
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Wall Street analysts predict an average 1-year price target for IRM of $134 , with forecasts ranging from a low of $130 to a high of $140 .
IRM Lowest Price Target Wall Street Target
130 USD 67.68%
IRM Average Price Target Wall Street Target
134 USD 73.48%
IRM Highest Price Target Wall Street Target
140 USD 80.58%
Price
Max Price Target
Min Price Target
Average Price Target
140140130130120120110110100100909080807070May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.68% DIVIDEND YIELD
0.785 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.00003.00002.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.4750.4850.550.58750.6110.61850.61850.61850.61850.650.7850.4750.4850.550.58750.6110.61850.61850.61850.61850.650.4750.4850.550.58750.6110.61850.61850.61850.650.7150.4851.910.552.010.58752.240.6112.370.61852.450.61852.470.61852.470.61852.470.652.540.7152.730.792015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Iron Mountain Incorporated
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Sold
0-3 MONTHS
50.6 M USD 3
3-6 MONTHS
15.5 M USD 2
6-9 MONTHS
13.7 M USD 5
9-12 MONTHS
16.2 M USD 9
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Iron Mountain Appoints Gary Aitkenhead as Executive Vice President and General Manager, Data Centers PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain appoints Gary Aitkenhead as Executive Vice President and General Manager, Data Centers. businesswire.com - 1 week ago
Is it Wise to Retain Iron Mountain Stock in Your Portfolio Now? Stable core storage and records management business, data center expansions and healthy balance sheet are likely to support IRM despite high interest expenses. zacks.com - 3 weeks ago
2 REITs I'm Buying Right Now REITs are now on their way up. But some REITs have missed out on the recent recovery. I present 2 REITs that remain opportunistic. seekingalpha.com - 1 month ago
2 REITs Most Investors Should Own Some REITs are truly exceptional. So much so that they could make sense for most investors. I present two such exceptional REITs. seekingalpha.com - 1 month ago
3 Popular REITs To Sell Before It Is Too Late REITs are offering a historic opportunity. But not all REITs are worth buying. I highlight 3 popular to sell. seekingalpha.com - 1 month ago
Iron Mountain Incorporated (IRM) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript) Iron Mountain Incorporated (NYSE:IRM ) Morgan Stanley Technology, Media & Telecom Conference March 3, 2025 5:35 PM ET Company Participants Barry Hytinen - Executive Vice President & Chief Financial Officer Conference Call Participants Calvin Lam - Morgan Stanley Calvin Lam Yes. Sure. All right. seekingalpha.com - 1 month ago
Iron Mountain: Near-Term Growth Trajectory Is A Concern I am neutral on Iron Mountain (IRM) due to near-term execution risks and high valuation despite compelling long-term growth drivers in data centers and ALM. IRM's data center business is a significant growth catalyst, with strong revenue and margin expansion, but near-term pricing pressures and missed leasing targets are concerning. IRM's balance sheet risk is notable, with high leverage and increasing capex potentially pressuring free cash flow and limiting debt reduction and capital returns. seekingalpha.com - 1 month ago
Why Iron Mountain Stock Plummeted by Over 7% on Thursday Iron Mountain (IRM -7.28%) didn't quite end its 2024 on a high note, at least as far as its fundamentals were concerned. Thursday morning, the company released its fourth-quarter and full-year 2024 results, and investors weren't all that pleased with them. fool.com - 2 months ago
Company ripped by Elon Musk that stores government records in a mine may actually get a boost from DOGE Iron Mountain shares have struggled this week after Elon Musk mentioned the company's processing and storage of retirement records in a Pennsylvania mine. But the company said other parts of its business can actually benefit from the push for a more efficient government. cnbc.com - 2 months ago
Iron Mountain Beats on Q4 FFO, Lags on Revenues, Hikes Dividend IRM's Q4 results reflect solid performance in all business segments but are marred by higher interest expenses year over year. zacks.com - 2 months ago
Iron Mountain Incorporated (IRM) Q4 2024 Earnings Call Transcript Iron Mountain Incorporated (NYSE:IRM ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Mark Rupe - Senior Vice President of Investor Relations William Meaney - President and Chief Executive Officer Barry Hytinen - Executive Vice President and Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Nathan Crossett - BNP Eric Luebchow - Wells Fargo Brendan Lynch - Barclays Kevin McVeigh - UBS Andrew Steinerman - JPMorgan Shlomo Rosenbaum - Stifel Jonathan Atkin - RBC Capital Markets Operator Good morning and welcome to the Iron Mountain Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. seekingalpha.com - 2 months ago
Iron Mountain (IRM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Iron Mountain (IRM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 months ago
8. Profile Summary

Iron Mountain Incorporated IRM

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COUNTRY US
INDUSTRY REIT - Specialty
MARKET CAP $ 22.8 B
Dividend Yield 0.68%
Description 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.
Contact One Federal Street, Boston, MA, 02110 https://www.ironmountain.com
IPO Date Feb. 1, 1996
Employees 28850
Officers Mr. Mark Kidd Executive Vice President and GM of Iron Mountain Data Centers & Asset Lifecycle Management Mr. Greg W. McIntosh CA Executive Vice President, Chief Commercial Officer and GM of Global Records & Information Management Mr. William L. Meaney BSc, MEng, MSIA President, Chief Executive Officer & Director Mr. Barry A. Hytinen Executive Vice President & Chief Financial Officer Mr. Mark Andrew Rupe Senior Vice President & Head of Investor Relations Ms. Ellen Hall Global Head of Real Estate Investment & Corporate Development Ms. Michelle Altamura Executive Vice President, General Counsel & Secretary Mr. Garry B. Watzke Senior Vice President Mr. Daniel Borges Chief Accounting Officer & Senior Vice President Ms. Jemma Johns Executive Vice President & Chief Human Resources Officer