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IRM

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

78.21USD+1.61 (+2.10%)Market Closed

Market Summary

IRM
USD78.21+1.61
Market Closed
2.10%

IRM Alerts

  • 3 major insider sales recently.

IRM Stock Price

View Fullscreen

IRM RSI Chart

IRM Valuation

Market Cap

22.4B

Price/Earnings (Trailing)

119.57

Price/Sales (Trailing)

4.09

EV/EBITDA

81.4

Price/Free Cashflow

-99.23

IRM Price/Sales (Trailing)

IRM Profitability

EBT Margin

4.15%

Return on Equity

88.48%

Return on Assets

1.07%

Free Cashflow Yield

-1.01%

IRM Fundamentals

IRM Revenue

Revenue (TTM)

5.5B

Rev. Growth (Yr)

11.01%

Rev. Growth (Qtr)

2.28%

IRM Earnings

Earnings (TTM)

187.3M

Earnings Growth (Yr)

-76.77%

Earnings Growth (Qtr)

-68.06%

Breaking Down IRM Revenue

Last 7 days

2.5%

Last 30 days

-3.6%

Last 90 days

14.3%

Trailing 12 Months

40.9%

How does IRM drawdown profile look like?

IRM Financial Health

Current Ratio

0.78

Debt/Equity

55.81

Debt/Cashflow

0.09

IRM Investor Care

Dividend Yield

3.5%

Dividend/Share (TTM)

2.38

Shares Dilution (1Y)

0.47%

Diluted EPS (TTM)

0.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20235.2B5.2B5.3B5.5B
20224.7B4.8B5.0B5.1B
20214.2B4.3B4.4B4.5B
20204.3B4.2B4.2B4.1B
20194.2B4.2B4.2B4.3B
20183.9B4.1B4.2B4.2B
20173.7B3.8B3.8B3.8B
20163.0B3.1B3.3B3.5B
20153.1B3.1B3.0B3.0B
20143.0B3.1B3.1B3.1B
20133.0B3.0B3.0B3.0B
20123.0B3.0B3.0B3.0B
20112.9B3.0B3.0B3.0B
20102.8B2.7B2.7B2.9B
20092.8B2.8B2.8B2.8B
20080002.9B
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Tracking the Latest Insider Buys and Sells of Iron Mountain Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold IRM recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 48

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

Unveiling Iron Mountain Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
Apr 22, 2024
4
Insider Trading
Apr 22, 2024
4
Insider Trading
Apr 19, 2024
ARS
ARS
Apr 19, 2024
DEF 14A
DEF 14A
Apr 19, 2024
DEFA14A
DEFA14A
Apr 17, 2024
4
Insider Trading
Apr 16, 2024
144
Notice of Insider Sale Intent
Apr 16, 2024
4
Insider Trading
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 08, 2024
4
Insider Trading

Peers (Alternatives to Iron Mountain Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
81.2B
11.1B
-9.63% -14.57%
59.43
7.29
4.04% -19.43%
41.5B
7.0B
-7.14% -23.31%
27.61
5.94
-0.07% -10.36%
26.8B
2.8B
3.01% 9.02%
28.86
9.68
6.73% -18.30%
19.9B
3.0B
-4.73% -3.60%
103.23
6.73
10.44% -74.28%
12.9B
1.6B
-1.98% 8.50%
29.83
8.02
7.80% 39.39%
11.1B
1.3B
1.26% 0.15%
30.42
8.39
8.04% -24.50%
9.9B
3.3B
-0.65% 20.81%
51.88
3.01
5.31% -77.32%
MID-CAP
8.5B
1.1B
3.35% 7.17%
36.02
7.54
5.38% -38.52%
3.5B
884.1M
-4.94% 65.24%
-12.7
3.94
2.90% -314.82%
3.4B
899.4M
-0.98% 126.14%
-6.02
3.78
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
2.71% 21.12%
20.35
2.98
4.38% 15.77%
1.2B
198.2M
0.88% 3.60%
-7.42
5.71
-43.33% -270.70%
1.1B
605.6M
-6.60% 4.26%
13.7
1.81
25.53% 134.62%
656.9M
258.7M
3.60% -29.41%
-13.5
2.54
0.11% 83.70%
415.3M
277.9M
-9.02% -18.46%
-26.19
1.49
44.33% 96.06%

Iron Mountain Inc News

Latest updates
MarketBeat • 12 hours ago
MarketWatch • 22 Apr 2024 • 09:07 pm
MarketWatch • 19 Apr 2024 • 09:08 pm
Zacks Investment Research • 18 Apr 2024 • 02:26 pm
Yahoo Finance • 12 Apr 2024 • 07:00 am
Yahoo Finance • 09 Apr 2024 • 07:00 am
The Motley Fool • 05 Mar 2024 • 08:00 am

Iron Mountain Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.3%1,4201,3881,3581,3141,2791,2871,2901,2481,1601,1301,1201,0821,0601,0379821,0691,0801,0621,0671,0541,061
Costs and Expenses3.4%1,1891,1501,1451,0741,0311,0019961,026963949814912634796851931874839874895811
  S&GA Expenses0.0%315315312295279285295281262242260259236232242239234237252269221
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 Expenses0.7%-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%9.0010.004.0017.0017.0024.0018.0010.0023.0028.0011015.00-3.6914.0010.0010.0017.0022.0011.0011.002.00
Earnings Before Taxes-62.3%38.001015.0082.0014321722052.0085.0096.0038761.0024352.003.0075.00-13010341.00-
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%29.0091.001.0066.0012619320242.0061.0068.0027747.0024739.00-7.1165.0037.0010892.0030.00159
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 Cashflow149.7%70.00-141-17.57-13789.00-52.15122-106103-49.25170-76.70---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.5%17,47416,87716,67916,46616,14115,69515,62215,62814,45014,23414,31413,94414,14913,68314,36813,56613,81713,57713,72113,69411,857
  Current Assets7.3%1,7361,6171,6111,6011,5471,5571,5421,5281,4411,2691,3911,1741,2701,1341,8971,1991,2361,2041,2151,2101,208
    Cash Equivalents30.7%223171149146142155145196256161316139205152907153194187162161165
  Net PPE----------------4,5214,6234,5574,5594,5264,490
  Goodwill1.6%5,0184,9384,9284,8974,8834,8314,9245,0244,4644,4734,5094,5214,5584,4624,4214,3734,4854,4224,4734,465478
  Current Liabilities12.3%2,2361,9912,0632,0071,9181,7261,7821,7012,0191,8261,7481,9271,9961,8912,3831,5811,9501,8301,6171,5151,491
  Long Term Debt2.3%11,81311,54811,14410,86210,48110,2299,99310,1438,9638,8158,7618,5528,5108,6198,7508,7088,2768,2208,3908,3668,016
Shareholder's Equity-19.4%2122634165466375346527598579751,1489601,1379371,0241,1241,4641,5121,6591,7381,862
  Additional Paid-In Capital0.6%4,5344,5084,4884,4594,4684,4464,4324,4094,4134,4074,3924,3474,3404,3364,3264,3044,2994,2884,2824,2654,263
Accumulated Depreciation----------------3,4293,4263,3123,2823,2133,111
Shares Outstanding0.1%292292292292291291291290289289289289---------
Minority Interest0%0.000.0079.000.000.005.005.001.001.001.00----0.110.000.000.001.001.001.001.00
Float---16,100---13,900---12,100---7,400---8,900--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations103.0%44722031712936721429155.0029674.0032069.00360188314125319218313117311
  Share Based Compensation12.5%21.0018.0022.0013.0011.0014.0020.0011.0014.0013.0023.0011.002.009.0020.007.008.007.0013.009.008.00
Cashflow From Investing-5.0%-409-389-372-272-356-312-101-889-153-312151-158275-15.92-113-231-95.25-165-158-311-119
Cashflow From Financing-88.8%22.0019460.00150-19.24116-229772-43.2293.00-30029.00-579-92454374.00-218-19.22-148188-218
  Dividend Payments5.2%190181181187180180180184179179179181178178178181176176175178168
  Buy Backs-------------------0.33---

IRM Income Statement

2023-12-31
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)2,357,8002,189,1201,887,229
Selling, general and administrative1,236,2871,140,5771,022,559
Depreciation and amortization776,159727,595680,422
Acquisition and Integration Costs25,87547,74612,764
Restructuring and other transformation175,21541,933206,426
(Gain) loss on disposal/write-down of property, plant and equipment, net(12,825)(93,268)(172,041)
Total Operating Expenses4,558,5114,053,7033,637,359
Operating Income (Loss)921,7781,049,871854,172
Interest Expense, Net (includes Interest Income of $12,471, $8,276 and $7,341 in 2023, 2022 and 2021, respectively)585,932488,014417,961
Other Expense (Income), Net108,640(69,781)(192,804)
Net Income (Loss) Before Provision (Benefit) for Income Taxes227,206631,638629,015
Provision (Benefit) for Income Taxes39,94369,489176,290
Net Income (Loss)187,263562,149452,725
Less: Net income (loss) attributable to noncontrolling interests3,0295,1682,506
Net Income (Loss) Attributable to Iron Mountain Incorporated$ 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)291,936,000290,812,000289,457,000
Weighted average common shares outstanding-diluted (in shares)293,965,000292,444,177290,975,090
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

IRM Balance Sheet

2023-12-31
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)1,259,8261,174,915
Prepaid expenses and other252,930230,433
Total Current Assets1,735,5451,547,145
Property, plant and equipment10,373,9899,025,765
Less—Accumulated depreciation(4,059,120)(3,910,321)
Property, Plant and Equipment, net6,314,8695,115,444
Other Assets, Net:  
Goodwill5,017,9124,882,734
Customer and supplier relationships and other intangible assets1,279,8001,423,145
Operating lease right-of-use assets2,696,0242,583,704
Other429,652588,342
Total Other Assets, Net9,423,3889,477,925
Total Assets17,473,80216,140,514
Current Liabilities:  
Current portion of long-term debt120,67087,546
Accounts payable539,594469,198
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities)1,250,2591,031,910
Deferred revenue325,665328,910
Total Current Liabilities2,236,1881,917,564
Long-term Debt, net of current portion11,812,50010,481,449
Long-term Operating Lease Liabilities, net of current portion2,562,3942,429,167
Other Long-term Liabilities237,590317,376
Deferred Income Taxes235,410263,005
Commitments and Contingencies
Redeemable Noncontrolling Interests177,94795,160
Iron Mountain Incorporated Stockholders’ Equity:  
Preferred stock (par value $0.01; authorized 10,000,000 shares; none issued and outstanding)00
Common stock (par value $0.01; authorized 400,000,000 shares; issued and outstanding 292,142,739 shares and 290,830,296 shares as of December 31, 2023 and 2022, respectively)2,9212,908
Additional paid-in capital4,533,6914,468,035
(Distributions in excess of earnings) earnings in excess of distributions(3,953,808)(3,392,272)
Accumulated other comprehensive items, net(371,156)(442,003)
Total Iron Mountain Incorporated Stockholders’ Equity211,648636,668
Noncontrolling Interests125125
Total Equity211,773636,793
Total Liabilities and Equity$ 17,473,802$ 16,140,514
IRM
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
 WEBSITEironmountain.com
 INDUSTRYREIT Mortgage
 EMPLOYEES26000

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 Tue Apr 23 2024, market cap of Iron Mountain Inc is 22.39 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 Tue Apr 23 2024, IRM's PE ratio (Price to Earnings) is 119.57 and Price to Sales (PS) ratio is 4.09. 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 0.18 (multiply by 100 for percentage) rate of return.