IRM RSI Chart
Last 7 days
2.5%
Last 30 days
-3.6%
Last 90 days
14.3%
Trailing 12 Months
40.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Mar 05, 2024 | meaney william l | sold | -10,803,100 | 78.8363 | -137,032 | president and ceo |
Mar 05, 2024 | marson deborah | sold | -157,400 | 78.7 | -2,000 | evp, general counsel, sec. |
Mar 04, 2024 | borges daniel | sold | -79,680 | 80.00 | -996 | svp & chief accounting officer |
Which funds bought or sold IRM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | RATIONAL ADVISORS LLC | sold off | -100 | -3,320,550 | - | -% |
Apr 23, 2024 | PFG Private Wealth Management, LLC | unchanged | - | 33.00 | 243 | -% |
Apr 23, 2024 | NATIONS FINANCIAL GROUP INC, /IA/ /ADV | reduced | -3.55 | 26,024 | 272,634 | 0.02% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -22.02 | -587,000 | 4,941,000 | 0.04% |
Apr 23, 2024 | CIGNA INVESTMENTS INC /NEW | unchanged | - | 32,000 | 249,000 | 0.05% |
Apr 23, 2024 | ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC | added | 5.13 | 86,085 | 505,965 | 0.18% |
Apr 23, 2024 | Venturi Wealth Management, LLC | unchanged | - | 154 | 1,204 | -% |
Apr 23, 2024 | Global Retirement Partners, LLC | reduced | -9.43 | 57,938 | 669,527 | 0.03% |
Apr 23, 2024 | Strategic Investment Advisors / MI | reduced | -9.91 | 22,695 | 721,054 | 0.09% |
Apr 23, 2024 | NEW MEXICO EDUCATIONAL RETIREMENT BOARD | reduced | -2.64 | 123,000 | 1,182,000 | 0.04% |
Unveiling Iron Mountain Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | 81.2B | 11.1B | 59.43 | 7.29 | ||||
CCI | 41.5B | 7.0B | 27.61 | 5.94 | ||||
AVB | 26.8B | 2.8B | 28.86 | 9.68 | ||||
ARE | 19.9B | 3.0B | 103.23 | 6.73 | ||||
AMH | 12.9B | 1.6B | 29.83 | 8.02 | ||||
REG | 11.1B | 1.3B | 30.42 | 8.39 | ||||
BXP | 9.9B | 3.3B | 51.88 | 3.01 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.1B | 36.02 | 7.54 | ||||
MAC | 3.5B | 884.1M | -12.7 | 3.94 | ||||
SLG | 3.4B | 899.4M | -6.02 | 3.78 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.35 | 2.98 | ||||
AIV | 1.2B | 198.2M | -7.42 | 5.71 | ||||
MFA | 1.1B | 605.6M | 13.7 | 1.81 | ||||
NYMT | 656.9M | 258.7M | -13.5 | 2.54 | ||||
IVR | 415.3M | 277.9M | -26.19 | 1.49 |
Iron Mountain Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.3% | 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 | 1,061 |
Costs and Expenses | 3.4% | 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 | 811 |
S&GA Expenses | 0.0% | 315 | 315 | 312 | 295 | 279 | 285 | 295 | 281 | 262 | 242 | 260 | 259 | 236 | 232 | 242 | 239 | 234 | 237 | 252 | 269 | 221 |
EBITDA Margin | -23.0% | 0.08* | 0.10* | 0.12* | 0.17* | 0.17* | 0.17* | 0.15* | 0.19* | 0.20* | 0.24* | 0.23* | 0.14* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.7% | -151 | -152 | -144 | -137 | -136 | -121 | -115 | -114 | -104 | -103 | -105 | -104 | -105 | -104 | -103 | -105 | -104 | -106 | -105 | -102 | -105 |
Income Taxes | -9.0% | 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 | 2.00 |
Earnings Before Taxes | -62.3% | 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 | -33.3% | 0.04* | 0.06* | 0.09* | 0.13* | 0.12* | 0.12* | 0.09* | 0.13* | 0.14* | 0.18* | 0.17* | 0.09* | - | - | - | - | - | - | - | - | - |
Net Income | -68.1% | 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 | 159 |
Net Income Margin | -35.7% | 0.03* | 0.05* | 0.07* | 0.11* | 0.11* | 0.10* | 0.08* | 0.10* | 0.10* | 0.15* | 0.14* | 0.08* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 149.7% | 70.00 | -141 | -17.57 | -137 | 89.00 | -52.15 | 122 | -106 | 103 | -49.25 | 170 | -76.70 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 3.5% | 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 | 11,857 |
Current Assets | 7.3% | 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 | 1,208 |
Cash Equivalents | 30.7% | 223 | 171 | 149 | 146 | 142 | 155 | 145 | 196 | 256 | 161 | 316 | 139 | 205 | 152 | 907 | 153 | 194 | 187 | 162 | 161 | 165 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,521 | 4,623 | 4,557 | 4,559 | 4,526 | 4,490 |
Goodwill | 1.6% | 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 | 478 |
Current Liabilities | 12.3% | 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 | 1,491 |
Long Term Debt | 2.3% | 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 | 8,016 |
Shareholder's Equity | -19.4% | 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 | 1,862 |
Additional Paid-In Capital | 0.6% | 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 | 4,263 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,429 | 3,426 | 3,312 | 3,282 | 3,213 | 3,111 |
Shares Outstanding | 0.1% | 292 | 292 | 292 | 292 | 291 | 291 | 291 | 290 | 289 | 289 | 289 | 289 | - | - | - | - | - | - | - | - | - |
Minority Interest | 0% | 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 | 1.00 |
Float | - | - | - | 16,100 | - | - | - | 13,900 | - | - | - | 12,100 | - | - | - | 7,400 | - | - | - | 8,900 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 103.0% | 447 | 220 | 317 | 129 | 367 | 214 | 291 | 55.00 | 296 | 74.00 | 320 | 69.00 | 360 | 188 | 314 | 125 | 319 | 218 | 313 | 117 | 311 |
Share Based Compensation | 12.5% | 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 | 8.00 |
Cashflow From Investing | -5.0% | -409 | -389 | -372 | -272 | -356 | -312 | -101 | -889 | -153 | -312 | 151 | -158 | 275 | -15.92 | -113 | -231 | -95.25 | -165 | -158 | -311 | -119 |
Cashflow From Financing | -88.8% | 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 | -218 |
Dividend Payments | 5.2% | 190 | 181 | 181 | 187 | 180 | 180 | 180 | 184 | 179 | 179 | 179 | 181 | 178 | 178 | 178 | 181 | 176 | 176 | 175 | 178 | 168 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.33 | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Total Revenues | $ 5,480,289 | $ 5,103,574 | $ 4,491,531 |
Operating Expenses: | |||
Cost of sales (excluding depreciation and amortization) | 2,357,800 | 2,189,120 | 1,887,229 |
Selling, general and administrative | 1,236,287 | 1,140,577 | 1,022,559 |
Depreciation and amortization | 776,159 | 727,595 | 680,422 |
Acquisition and Integration Costs | 25,875 | 47,746 | 12,764 |
Restructuring and other transformation | 175,215 | 41,933 | 206,426 |
(Gain) loss on disposal/write-down of property, plant and equipment, net | (12,825) | (93,268) | (172,041) |
Total Operating Expenses | 4,558,511 | 4,053,703 | 3,637,359 |
Operating Income (Loss) | 921,778 | 1,049,871 | 854,172 |
Interest Expense, Net (includes Interest Income of $12,471, $8,276 and $7,341 in 2023, 2022 and 2021, respectively) | 585,932 | 488,014 | 417,961 |
Other Expense (Income), Net | 108,640 | (69,781) | (192,804) |
Net Income (Loss) Before Provision (Benefit) for Income Taxes | 227,206 | 631,638 | 629,015 |
Provision (Benefit) for Income Taxes | 39,943 | 69,489 | 176,290 |
Net Income (Loss) | 187,263 | 562,149 | 452,725 |
Less: Net income (loss) attributable to noncontrolling interests | 3,029 | 5,168 | 2,506 |
Net Income (Loss) Attributable to Iron Mountain Incorporated | $ 184,234 | $ 556,981 | $ 450,219 |
Earnings (Losses) Per Share Attributable to Iron Mountain Incorporated: | |||
Basic (in dollars per share) | $ 0.63 | $ 1.92 | $ 1.56 |
Diluted (in dollars per share) | $ 0.63 | $ 1.90 | $ 1.55 |
Weighted average common shares outstanding-basic (in shares) | 291,936,000 | 290,812,000 | 289,457,000 |
Weighted average common shares outstanding-diluted (in shares) | 293,965,000 | 292,444,177 | 290,975,090 |
Storage rental | |||
Revenues: | |||
Total Revenues | $ 3,370,645 | $ 3,034,023 | $ 2,870,119 |
Service | |||
Revenues: | |||
Total Revenues | $ 2,109,644 | $ 2,069,551 | $ 1,621,412 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets: | ||
Cash and cash equivalents | $ 222,789 | $ 141,797 |
Accounts receivable (less allowances of $74,762 and $54,143 as of December 31, 2023 and 2022, respectively) | 1,259,826 | 1,174,915 |
Prepaid expenses and other | 252,930 | 230,433 |
Total Current Assets | 1,735,545 | 1,547,145 |
Property, plant and equipment | 10,373,989 | 9,025,765 |
Less—Accumulated depreciation | (4,059,120) | (3,910,321) |
Property, Plant and Equipment, net | 6,314,869 | 5,115,444 |
Other Assets, Net: | ||
Goodwill | 5,017,912 | 4,882,734 |
Customer and supplier relationships and other intangible assets | 1,279,800 | 1,423,145 |
Operating lease right-of-use assets | 2,696,024 | 2,583,704 |
Other | 429,652 | 588,342 |
Total Other Assets, Net | 9,423,388 | 9,477,925 |
Total Assets | 17,473,802 | 16,140,514 |
Current Liabilities: | ||
Current portion of long-term debt | 120,670 | 87,546 |
Accounts payable | 539,594 | 469,198 |
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities) | 1,250,259 | 1,031,910 |
Deferred revenue | 325,665 | 328,910 |
Total Current Liabilities | 2,236,188 | 1,917,564 |
Long-term Debt, net of current portion | 11,812,500 | 10,481,449 |
Long-term Operating Lease Liabilities, net of current portion | 2,562,394 | 2,429,167 |
Other Long-term Liabilities | 237,590 | 317,376 |
Deferred Income Taxes | 235,410 | 263,005 |
Commitments and Contingencies | ||
Redeemable Noncontrolling Interests | 177,947 | 95,160 |
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 292,142,739 shares and 290,830,296 shares as of December 31, 2023 and 2022, respectively) | 2,921 | 2,908 |
Additional paid-in capital | 4,533,691 | 4,468,035 |
(Distributions in excess of earnings) earnings in excess of distributions | (3,953,808) | (3,392,272) |
Accumulated other comprehensive items, net | (371,156) | (442,003) |
Total Iron Mountain Incorporated Stockholders’ Equity | 211,648 | 636,668 |
Noncontrolling Interests | 125 | 125 |
Total Equity | 211,773 | 636,793 |
Total Liabilities and Equity | $ 17,473,802 | $ 16,140,514 |