IRM - Iron Mountain Inc Stock Price, Fair Value and News

78.04USD+0.44 (+0.57%)Market Closed

Market Summary

USD78.04+0.44

Market Closed

0.57%

IRM Alerts

4 major insider sales recently.

IRM Stock Price

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IRM RSI Chart

IRM Valuation

Market Cap

22.9B

Price/Earnings (Trailing)

115.16

Price/Sales (Trailing)

4.06

EV/EBITDA

82.27

Price/Free Cashflow

-67.38

IRM Price/Sales (Trailing)

IRM Profitability

EBT Margin

4.23%

Return on Equity

1.1K%

Return on Assets

1.11%

Free Cashflow Yield

-1.48%

IRM Fundamentals

IRM Revenue

Revenue (TTM)

5.6B

Rev. Growth (Yr)

12.36%

Rev. Growth (Qtr)

4.02%

IRM Earnings

Earnings (TTM)

198.8M

Earnings Growth (Yr)

17.53%

Earnings Growth (Qtr)

163.84%

Breaking Down IRM Revenue

Last 7 days

0.0%

Last 30 days

-0.8%

Last 90 days

13.9%

Trailing 12 Months

40.0%

How does IRM drawdown profile look like?

IRM Financial Health

Current Ratio

0.86

Debt/Equity

674.63

Debt/Cashflow

0.09

IRM Investor Care

Dividend Yield

3.09%

Dividend/Share (TTM)

2.38

Shares Dilution (1Y)

0.52%

Diluted EPS (TTM)

0.66

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	5.6B	0	0	0
2023	5.2B	5.2B	5.3B	5.5B
2022	4.7B	4.8B	5.0B	5.1B
2021	4.2B	4.3B	4.4B	4.5B
2020	4.3B	4.2B	4.2B	4.1B
2019	4.2B	4.2B	4.2B	4.3B
2018	3.9B	4.1B	4.2B	4.2B
2017	3.7B	3.8B	3.8B	3.8B
2016	3.0B	3.1B	3.3B	3.5B
2015	3.1B	3.1B	3.0B	3.0B
2014	3.0B	3.1B	3.1B	3.1B
2013	3.0B	3.0B	3.0B	3.0B
2012	3.0B	3.0B	3.0B	3.0B
2011	2.9B	3.0B	3.0B	3.0B
2010	2.8B	2.7B	2.7B	2.9B
2009	2.8B	2.8B	2.8B	2.8B
2008	0	0	0	2.9B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Iron Mountain Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	murdock wendy j.	sold	-275,247	77.6	-3,547	-
May 03, 2024	murdock wendy j.	sold	-113,026	75.351	-1,500	-
May 03, 2024	marson deborah	sold	-155,600	77.8	-2,000	evp, general counsel, sec.
Apr 16, 2024	meaney william l	acquired	770,541	48.538	15,875	president and ceo
Apr 16, 2024	meaney william l	sold	-1,185,700	74.69	-15,875	president and ceo
Apr 15, 2024	meaney william l	acquired	770,541	48.538	15,875	president and ceo
Apr 15, 2024	meaney william l	sold	-1,217,300	76.68	-15,875	president and ceo
Apr 05, 2024	marson deborah	sold	-156,960	78.48	-2,000	evp, general counsel, sec.
Apr 01, 2024	kidd mark	acquired	173,104	38.83	4,458	evp, gm data centers & alm
Apr 01, 2024	kidd mark	sold	-357,576	80.21	-4,458	evp, gm data centers & alm

Which funds bought or sold IRM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Empowered Funds, LLC	added	261	14,138,000	18,640,500	0.17%
May 07, 2024	Atomi Financial Group, Inc.	new	-	223,771	223,771	0.02%
May 07, 2024	Concurrent Investment Advisors, LLC	reduced	-10.38	8,963	337,203	0.01%
May 07, 2024	AllSquare Wealth Management LLC	reduced	-21.49	-4,989	44,837	0.03%
May 07, 2024	Allen Investment Management, LLC	new	-	216,246	216,246	-%
May 07, 2024	Arizona State Retirement System	added	0.12	828,439	6,441,740	0.04%
May 07, 2024	MONTAG A & ASSOCIATES INC	reduced	-7.94	39,642	773,912	0.04%
May 07, 2024	Meeder Advisory Services, Inc.	new	-	214,938	214,938	0.02%
May 07, 2024	CHILTON CAPITAL MANAGEMENT LLC	unchanged	-	2,098	16,444	-%
May 07, 2024	Headlands Technologies LLC	new	-	37,779	37,779	0.01%

Are Funds Buying or Selling IRM?

Are funds buying IRM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IRM

No. of Funds

IRM Alerts

4 major insider sales recently.

Unveiling Iron Mountain Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cohen & steers, inc.	7.85%	22,909,485	SC 13G
Feb 13, 2024	vanguard group inc	15.85%	46,275,110	SC 13G/A
Jan 26, 2024	blackrock inc.	8.0%	23,272,316	SC 13G/A
Dec 11, 2023	capital world investors	1.6%	4,616,827	SC 13G/A
Feb 13, 2023	capital world investors	8.8%	25,488,174	SC 13G/A
Feb 09, 2023	vanguard group inc	16.31%	47,429,924	SC 13G/A
Jan 30, 2023	blackrock inc.	7.8%	22,618,177	SC 13G/A
Feb 11, 2022	capital world investors	11.3%	32,713,760	SC 13G/A
Feb 01, 2022	blackrock inc.	7.9%	22,998,096	SC 13G/A
Feb 16, 2021	capital world investors	10.1%	29,113,163	SC 13G/A

Recent SEC filings of Iron Mountain Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	144/A	144/A
May 08, 2024	4	Insider Trading
May 07, 2024	144	Notice of Insider Sale Intent
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 03, 2024	144	Notice of Insider Sale Intent
May 03, 2024	144	Notice of Insider Sale Intent
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 22, 2024	4	Insider Trading

Peers (Alternatives to Iron Mountain Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.8B	11.2B	-3.57%	-6.21%	42.94	7.56	3.63%	50.79%
CCI	42.3B	6.8B	-2.86%	-16.86%	30.32	6.17	-2.39%	-16.60%
AVB	27.7B	2.8B	4.65%	8.65%	29	9.87	5.72%	-6.47%
ARE	20.6B	3.0B	-6.82%	-2.61%	105.18	6.99	10.44%	-73.79%
AMH	13.3B	-	-1.07%	2.70%	31.37	8.17	8.93%	11.87%
REG	10.8B	1.4B	-0.91%	-0.39%	29	7.92	10.48%	-2.93%
BXP	9.4B	3.3B	-4.95%	17.89%	49.61	2.88	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	1.08%	10.18%	35.54	7.36	5.48%	-38.69%
MAC	3.4B	884.1M	-2.40%	67.19%	-12.48	3.87	2.90%	-314.82%
SLG	3.3B	892.3M	-5.51%	137.34%	-6.45	3.7	-5.33%	-307.54%
SMALL-CAP
AAT	1.3B	444.1M	3.08%	17.14%	19.59	3.03	3.54%	8.91%
AIV	1.2B	198.2M	-0.48%	-2.94%	-7.52	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	-3.51%	3.98%	35.74	1.68	27.93%	140.31%
NYMT	550.1M	285.4M	-16.71%	-37.84%	-3.99	1.93	11.05%	83.70%
IVR	446.8M	277.2M	2.46%	-8.50%	-54.48	1.61	25.89%	94.64%

Iron Mountain Inc News

Latest updates

Iron Mountain Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.0%	1,477	1,420	1,388	1,358	1,314	1,279	1,287	1,290	1,248	1,160	1,130	1,120	1,082	1,060	1,037	982	1,069	1,080	1,062	1,067	1,054
Costs and Expenses	3.5%	1,231	1,189	1,150	1,145	1,074	1,031	1,001	996	1,026	963	949	814	912	634	796	851	931	874	839	874	895
S&GA Expenses	1.4%	319	315	315	312	295	279	285	295	281	262	242	260	259	236	232	242	239	234	237	252	269
EBITDA Margin	-0.2%	0.08*	0.08*	0.10*	0.12*	0.17*	0.17*	0.17*	0.15*	0.19*	0.20*	0.24*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-8.4%	-164	-151	-152	-144	-137	-136	-121	-115	-114	-104	-103	-105	-104	-105	-104	-103	-105	-104	-106	-105	-102
Income Taxes	84.2%	17.00	9.00	10.00	4.00	17.00	17.00	24.00	18.00	10.00	23.00	28.00	110	15.00	-3.69	14.00	10.00	10.00	17.00	22.00	11.00	11.00
Earnings Before Taxes	145.0%	94.00	38.00	101	5.00	82.00	143	217	220	52.00	85.00	96.00	387	61.00	243	52.00	3.00	75.00	-	130	103	41.00
EBT Margin	2.0%	0.04*	0.04*	0.06*	0.09*	0.13*	0.12*	0.12*	0.09*	0.13*	0.14*	0.18*	-	-	-	-	-	-	-	-	-	-
Net Income	163.8%	77.00	29.00	91.00	1.00	66.00	126	193	202	42.00	61.00	68.00	277	47.00	247	39.00	-7.11	65.00	37.00	108	92.00	30.00
Net Income Margin	3.1%	0.04*	0.03*	0.05*	0.07*	0.11*	0.11*	0.10*	0.08*	0.10*	0.10*	0.15*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-457.4%	-251	70.00	-141	-17.57	-137	89.00	-52.15	122	-106	103	-49.25	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.0%	17,830	17,474	16,877	16,679	16,466	16,141	15,695	15,622	15,628	14,450	14,234	14,314	13,944	14,149	13,683	14,368	13,566	13,817	13,577	13,721	13,694
Current Assets	0.0%	1,735	1,736	1,617	1,611	1,601	1,547	1,557	1,542	1,528	1,441	1,269	1,391	1,174	1,270	1,134	1,897	1,199	1,236	1,204	1,215	1,210
Cash Equivalents	-14.0%	192	223	171	149	146	142	155	145	196	256	161	316	139	205	152	907	153	194	187	162	161
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,521	4,623	4,557	4,559	4,526
Goodwill	1.8%	5,107	5,018	4,938	4,928	4,897	4,883	4,831	4,924	5,024	4,464	4,473	4,509	4,521	4,558	4,462	4,421	4,373	4,485	4,422	4,473	4,465
Current Liabilities	-9.3%	2,029	2,236	1,991	2,063	2,007	1,918	1,726	1,782	1,701	2,019	1,826	1,748	1,927	1,996	1,891	2,383	1,581	1,950	1,830	1,617	1,515
Long Term Debt	6.6%	12,589	11,813	11,548	11,144	10,862	10,481	10,229	9,993	10,143	8,963	8,815	8,761	8,552	8,510	8,619	8,750	8,708	8,276	8,220	8,390	8,366
Shareholder's Equity	-91.2%	19.00	212	263	416	546	637	534	652	759	857	975	1,148	960	1,137	937	1,024	1,124	1,464	1,512	1,659	1,738
Additional Paid-In Capital	-0.3%	4,519	4,534	4,508	4,488	4,459	4,468	4,446	4,432	4,409	4,413	4,407	4,392	4,347	4,340	4,336	4,326	4,304	4,299	4,288	4,282	4,265
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,429	3,426	3,312	3,282	3,213
Shares Outstanding	0.3%	293	292	292	292	292	291	291	291	290	289	289	289	-	-	-	-	-	-	-	-	-
Minority Interest	0%	0.00	0.00	0.00	79.00	0.00	0.00	5.00	5.00	1.00	1.00	1.00	-	-	-	-0.11	0.00	0.00	0.00	1.00	1.00	1.00
Float	-	-	-	-	16,100	-	-	-	13,900	-	-	-	12,100	-	-	-	7,400	-	-	-	8,900	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-70.9%	130	447	220	317	129	367	214	291	55.00	296	74.00	320	69.00	360	188	314	125	319	218	313	117
Share Based Compensation	-31.9%	14.00	21.00	18.00	22.00	13.00	11.00	14.00	20.00	11.00	14.00	13.00	23.00	11.00	2.00	9.00	20.00	7.00	8.00	7.00	13.00	9.00
Cashflow From Investing	-28.4%	-525	-409	-389	-372	-272	-356	-312	-101	-889	-153	-312	151	-158	275	-15.92	-113	-231	-95.25	-165	-158	-311
Cashflow From Financing	1561.5%	362	22.00	194	60.00	150	-19.24	116	-229	772	-43.22	93.00	-300	29.00	-579	-924	543	74.00	-218	-19.22	-148	188
Dividend Payments	-100.0%	-	190	181	181	187	180	180	180	184	179	179	179	181	178	178	178	181	176	176	175	178
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.33	-	-

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IRM Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total Revenues	$ 1,476,863	$ 1,314,349
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	653,255	571,626
Selling, general and administrative	319,465	294,520
Depreciation and amortization	209,555	182,094
Acquisition and Integration Costs	7,809	1,595
Restructuring and other transformation	40,767	36,913
Loss (gain) on disposal/write-down of property, plant and equipment, net	389	(13,061)
Total Operating Expenses	1,231,240	1,073,687
Operating Income (Loss)	245,623	240,662
Interest Expense, Net (includes Interest Income of $3,660 and $2,907 for the three months ended March 31, 2024 and 2023, respectively)	164,519	137,169
Other (Income) Expense, Net	(12,530)	21,200
Net Income (Loss) Before Provision (Benefit) for Income Taxes	93,634	82,293
Provision (Benefit) for Income Taxes	16,609	16,758
Net Income (Loss)	77,025	65,535
Less: Net Income (Loss) Attributable to Noncontrolling Interests	2,964	940
Net Income (Loss) Attributable to Iron Mountain Incorporated	$ 74,061	$ 64,595
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:
Basic (in dollars per share)	$ 0.25	$ 0.22
Diluted (in dollars per share)	$ 0.25	$ 0.22
Weighted average common shares outstanding-basic (in shares)	292,746,000	291,442,000
Weighted average common shares outstanding-diluted (in shares)	295,221,000	293,049,000
Storage rental
Revenues:
Total Revenues	$ 884,842	$ 810,089
Service
Revenues:
Total Revenues	$ 592,021	$ 504,260

IRM Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 191,655	$ 222,789
Accounts receivable (less allowances of $77,413 and $74,762 as of March 31, 2024 and December 31, 2023, respectively)	1,268,061	1,259,826
Prepaid expenses and other	275,358	252,930
Total Current Assets	1,735,074	1,735,545
Property, Plant and Equipment:
Property, plant and equipment	10,647,036	10,373,989
Less—Accumulated depreciation	(4,108,897)	(4,059,120)
Property, Plant and Equipment, Net	6,538,139	6,314,869
Other Assets, Net:
Goodwill	5,107,473	5,017,912
Customer and supplier relationships and other intangible assets	1,330,638	1,279,800
Operating lease right-of-use assets	2,677,803	2,696,024
Other	440,429	429,652
Total Other Assets, Net	9,556,343	9,423,388
Total Assets	17,829,556	17,473,802
Current Liabilities:
Current portion of long-term debt	118,771	120,670
Accounts payable	524,901	539,594
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities)	1,052,454	1,250,259
Deferred revenue	332,801	325,665
Total Current Liabilities	2,028,927	2,236,188
Long-term Debt, net of current portion	12,588,569	11,812,500
Long-term Operating Lease Liabilities, net of current portion	2,525,552	2,562,394
Other Long-term Liabilities	255,491	237,590
Deferred Income Taxes	233,135	235,410
Commitments and Contingencies
Redeemable Noncontrolling Interests	179,222	177,947
Iron Mountain Incorporated Stockholders' Equity:
Preferred stock (par value $0.01; authorized 10,000,000 shares; none issued and outstanding)	0	0
Common stock (par value $0.01; authorized 400,000,000 shares; issued and outstanding 293,085,683 and 292,142,739 shares as of March 31, 2024 and December 31, 2023, respectively)	2,931	2,921
Additional paid-in capital	4,518,644	4,533,691
(Distributions in excess of earnings) Earnings in excess of distributions	(4,074,243)	(3,953,808)
Accumulated other comprehensive items, net	(428,797)	(371,156)
Total Iron Mountain Incorporated Stockholders' Equity	18,535	211,648
Noncontrolling Interests	125	125
Total Equity	18,660	211,773
Total Liabilities and Equity	$ 17,829,556	$ 17,473,802

About Iron Mountain Inc

Iron Mountain Incorporated (NYSE: IRM) is a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services. Founded in 1951 and trusted by more than 225,000 customers worldwide, Iron Mountain helps customers CLIMB HIGHER to transform their businesses. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.

CEO	Mr. William L. Meaney BSc, MEng, MSIA
WEBSITE	ironmountain.com
INDUSTRY	REIT Mortgage
EMPLOYEES	26000

Iron Mountain Inc Frequently Asked Questions

What is the ticker symbol for Iron Mountain Inc? What does IRM stand for in stocks?

IRM is the stock ticker symbol of Iron Mountain Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Iron Mountain Inc (IRM)?

As of Wed May 08 2024, market cap of Iron Mountain Inc is 22.89 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IRM stock?

You can check IRM's fair value in chart for subscribers.

What is the fair value of IRM stock?

You can check IRM's fair value in chart for subscribers. The fair value of Iron Mountain Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Iron Mountain Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IRM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Iron Mountain Inc a good stock to buy?

The fair value guage provides a quick view whether IRM is over valued or under valued. Whether Iron Mountain Inc is cheap or expensive depends on the assumptions which impact Iron Mountain Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IRM.

What is Iron Mountain Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, IRM's PE ratio (Price to Earnings) is 115.16 and Price to Sales (PS) ratio is 4.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IRM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Iron Mountain Inc's stock?

In the past 10 years, Iron Mountain Inc has provided 0.185 (multiply by 100 for percentage) rate of return.