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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#2467
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Trading
$30.1B
William L. Meaney
Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. The company is trusted by more than 225,000 organizations around the world.
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = IRM ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$IRM IRON MOUNTAIN INC | 47 | 47 | 45 | 51 | 1281.1x | 45.7x | -252.3% | 0.1% | 55.0% | 16.2% | 0.3% | 14.3% | 3.0% | - | $30.1B | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
IRON MOUNTAIN INC (IRM) receives a "Reduce" rating with a composite score of 47.1/100. It ranks #2467 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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In-line with peers — no strong momentum signal
Fair valuation relative to peers
Average quality profile
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for IRM.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 47 | 76 | -29DRAG |
| MOMENTUM | 51 | 53 | -2NEUTRAL |
| VALUATION | 45 | 53 | -8DRAG |
| INVESTMENT | 28 | 33 | -5NEUTRAL |
| STABILITY | 36 | 29 | +7ALPHA |
| SHORT INT | 34 | 25 | +9ALPHA |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 6.8% vs WACC 8.1% (spread -1.3%)
GM 55% vs sector 78%, OM 16% vs sector 18%
Capital turnover 0.43x
Rev growth 14%, 10yr history
Interest coverage N/A, Net debt/EBITDA 14.0x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate IRON MOUNTAIN INC (IRM) as a Reduce with a composite score of 47.1/100 at a current price of $113.24. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
IRON MOUNTAIN INC holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 47.1/100 places it at rank #2467 in our full universe.
No Moat
Medium
Poor
Fair Value
Gross margins of 55% signal strong pricing power.
Stable competitive position in a defensive sector.
Elevated P/E ratio of 1281.1x leaves little room for execution misses.
Vulnerability to macroeconomic shocks and interest rate volatility.
IRON MOUNTAIN INC represents a reduce based on multi-factor quantitative performance.
IRON MOUNTAIN INC receives a Reduce rating from our analysis, with a composite score of 47.1/100 and 2 out of 5 stars, ranking #2467 out of 7,333 stocks. IRM's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
With a quality score of 47/100, IRM shows adequate but unremarkable business quality. The company reports a return on equity of -252.3% (sector avg: 9.0%), gross margins of 55.0% (sector avg: 77.7%), net margins of 0.3% (sector avg: 21.9%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
With a value score of 45/100, IRM appears somewhat expensive relative to its fundamentals. Key valuation metrics include a P/E ratio of 1281.07x, an EV/EBITDA of 45.68x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
IRON MOUNTAIN INC's investment score of 28/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 14.3% vs. a sector average of 10.7% and a return on assets of 0.1% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
IRM demonstrates moderate momentum with a score of 51/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at 14.3% year-over-year, while a beta of 1.00 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
IRM's stability score of 36/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 1.00. Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
IRON MOUNTAIN INC's short interest score of 34/100 reveals significant bearish positioning, suggesting institutional investors are actively betting against the stock. At $30.1B (large-cap), IRM carries meaningful risk and is best suited for investors with high risk tolerance who have thoroughly evaluated the bear thesis.
IRM pays a solid dividend yield of 3.0%, contributing an income component to total returns. This compares to a sector average dividend yield of 2.0%. This moderate yield suggests a balance between returning capital to shareholders and retaining earnings for reinvestment — a common profile among quality compounders.
IRON MOUNTAIN INC is a large-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #2467 of 7,333 overall (66th percentile). Key comparisons include ROE of -252.3% trailing the 9.0% sector median and operating margins of 16.2% below the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While IRM currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
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Improvement in Investment (28) would have the largest impact on the composite score.
EV/EBITDA 488% ABOVE SECTOR MEDIAN
ROE 2904% BELOW SECTOR MEDIAN
Gross Margin 29% BELOW SECTOR MEDIAN
Iron Mountain, a specialty REIT, outperformed the S&P 500 in the first half of 2024 due to its growing focus on data centers and strong financial position. The company is well-positioned to continue its growth trajectory, but its current valuation may not appeal to value-conscious or income-focused investors.
While Nvidia (NASDAQ: NVDA) stock surged 34.9% over the past year and the S&P 500 gained 12.2%, the infrastructure REITs powering AI’s physical backbone have been left behind. These five companies house, cool, and connect the servers running ChatGPT and Gemini, yet their stock performance has lagged far behind Nvidia and the broader market. They ... 5 Infrastructure REITs Quietly Powering AI While Getting No Credit for It
As AI-driven data center buildouts accelerate, power and real estate have become critical bottlenecks rather than computing capacity. Major tech companies are securing their own energy sources through nuclear power deals and renewable energy partnerships. Investors can gain exposure through direct data center operators, REITs, and ancillary 'picks and shovels' companies providing infrastructure, cooling, electrical systems, and engineering services.
Iron Mountain, US Foods, and West Pharmaceutical Services reported strong Q4 2025 earnings. Iron Mountain posted record results with 16.6% revenue growth driven by data center and digital services, projecting 10-13% revenue growth for 2026. US Foods achieved 178.8% net income growth despite softer economic conditions, while West Pharmaceutical delivered 7.5% revenue growth with strong performance in high-value product components.
Above 50MA
37.18%
Net New Highs
+51081