Iron Mountain stock
IRMNYSEIron Mountain Incorporated, Real EstateISIN US46284V1017
46Score 46 out of 100, Weak
Price and trend
46 / 100
Price history
+17% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 1.3% below it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 56).
The price is 14% below its 52-week high. Largest decline in 20 years: 56% (December 2007 to March 2009).
Chart figures for advanced users
- SMA 50$113.55
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$116.10
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)56
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$78.86
- The lowest closing price of the last twelve months.
- Resistance$133.06
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Iron Mountain Incorporated belongs to the REIT (Specialty) industry (United States) and, with a market value of $34.13B, is number 5 of 16 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $6.9B (up 12.2% year on year) and earnings of $144.59M (down 19.7%).
- For fiscal 2026, analysts expect on average revenue of $8.04B (up 16.4%) and adjusted earnings per share of $2.49 (up 21%).
Show more
- MEQIRI Score 46 out of 100 (Weak): rank 249 of 327 in Real Estate, median 55.
- The P/E is 75 (REIT (Specialty) median 32.9, own median of recent years 46.6).
- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $102.83, with the price 9% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Reliable dividendNo dividend cut for 16 years.
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 56
Weaknesses
- Interest barely coveredOperating profit covers interest only 1.3 times.Stability 30
- Richly valuedP/E 75, REIT (Specialty) median 32.9, own median 46.6.Valuation 30
- Negative free cash flowFree cash flow −$536.82M over the last 12 months.Fundamentals 56
The score is held back by valuation and stability.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 45 to 46.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $79.10 and expensive above $146.89 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $102.71 (cash-flow model) and $102.94 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is slightly above both parts; given how much the stock swings, that still counts as fair.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $94.12, at 7.8% it would be $115.90.
Valuation metrics
Half from the cash-flow model, half from FFO per share times the median price to FFO of the REIT industry (19.1). For REITs, depreciation on buildings depresses earnings, so FFO counts instead of earnings, here following the industry rule (Nareit) from the filings with the SEC: gains on property sales are deducted where the company reports them in the standard items. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 4% of revenue, and less preferred dividends. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 17.5% on the twelve months before. Revenue has grown solidly since 2006, at about 6% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 26%, operating 20%, net 2%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 11 Feb 2027in 91 days
- Last reported
- 5 Nov 2026EPS reported $0.64 (expected $0.61)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $2.49+0.2%
- Revenue
- $8.04B+0.1%
- Earnings per share
- $2.78+0.1%
- Revenue
- $8.76B0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −2.8%2026 guidance raised: revenue $7.94 billion to $8.01 billion (up 16%), adjusted EBITDA $2.945 billion to $2.975 billion (up 15%).
“We now expect adjusted EBITDA to be within the range of $2.945 billion to $2.975 billion, which represents year-on-year growth of 15% at the midpoint.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 5 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $33.55M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Meaney William LSale
6 Nov 2026, President and CEO
- Shares
- 38,474
- Price
- $105.72
- Value
- $4.07M
- McIntosh Greg WSale
2 Nov 2026, EVP, Chief Commercial Officer
- Shares
- 5,000
- Price
- $116.96
- Value
- $584,800
- Meaney William LSale
1 Oct 2026, President and CEO
- Shares
- 38,474
- Price
- $110.45
- Value
- $4.25M
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- McIntosh Greg WSale
1 Oct 2026, EVP, Chief Commercial Officer
- Shares
- 5,000
- Price
- $110.72
- Value
- $553,600
- Meaney William LSale
1 Sept 2026, President and CEO
- Shares
- 38,474
- Price
- $114.08
- Value
- $4.39M
- McIntosh Greg WSale
1 Sept 2026, EVP, Chief Commercial Officer
- Shares
- 5,000
- Price
- $115.60
- Value
- $578,000
- Kidd MarkSale
1 Sept 2026, EVP, GM Data Centers & ALM
- Shares
- 6,000
- Price
- $115.60
- Value
- $693,600
- Meaney William LSale
7 Aug 2026, President and CEO
- Shares
- 38,474
- Price
- $121.67
- Value
- $4.68M
- Kidd MarkSale
7 Aug 2026, EVP, GM Data Centers & ALM
- Shares
- 6,000
- Price
- $122.70
- Value
- $736,200
- McIntosh Greg WSale
6 Aug 2026, EVP, Chief Commercial Officer
- Shares
- 6,839
- Price
- $127.13
- Value
- $869,442
- Meaney William LSale
1 Jul 2026, President and CEO
- Shares
- 38,474
- Price
- $122.83
- Value
- $4.73M
- Kidd MarkSale
1 Jul 2026, EVP, GM Data Centers & ALM
- Shares
- 6,000
- Price
- $125.62
- Value
- $753,720
- Meaney William LSale
1 Jun 2026, President and CEO
- Shares
- 38,474
- Price
- $127.55
- Value
- $4.91M
- Kidd MarkSale
1 Jun 2026, EVP, GM Data Centers & ALM
- Shares
- 6,000
- Price
- $126.70
- Value
- $760,200
- Borges DanielSale
21 May 2026, SVP & Chief Accounting Officer
- Shares
- 7,189
- Price
- $125.50
- Value
- $902,220
- Rakowich Walter CSale
20 May 2026, Board
- Shares
- 757
- Price
- $124.45
- Value
- $94,209
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Iron Mountain
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
327 rated companies in Real Estate
- This company
- 46
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Specialty)
The next larger and next smaller companies by market value
- EquinixEQIX $105.73B60
- American TowerAMT $88.23B66
- Digital Realty TrustDLR $68.53B54
- Crown CastleCCI $37.89B54
- SBA CommunicationsSBAC $19.84B69
- Lamar AdvertisingLAMR $16.51B72
- WeyerhaeuserWY $14.88B45
- Gaming and Leisure PropertiesGLPI $11.42B60
ETFs that hold Iron Mountain
Held by 106 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares US Property Yield UCITS ETFIQQ7 | 2.83% | 0.40% | €554.91M |
| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 1.81% | 0.59% | €812.71M |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 1.73% | 0.24% | €603.52M |
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| HSBC FTSE EPRA NAREIT Developed UCITS ETFH4ZL | 1.72% | 0.24% | €3.36B |
| UBS FTSE EPRA Nareit Developed Green UCITS ETF USD disCSYZ | 1.59% | 0.25% | €207.23M |
| Deka MSCI USA MC UCITS ETFEL41 | 0.43% | 0.30% | €51.58M |
| iShares MSCI USA Mid-Cap Equal Weight UCITS ETFQDVC | 0.28% | 0.20% | €268.74M |
| UBS MSCI USA Socially Responsible UCITS ETF hEUR disUET1 | 0.22% | 0.25% | €1.04B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 29 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.