Iron Mountain Incorporated (Del
IRM
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Iron Mountain is strategically positioned in the data storage and information management industry, which is experiencing significant growth due to the increasing demand for digital data management solutions.
- In Q2 2026, Iron Mountain reported a revenue of $2.03 billion, reflecting a 5% increase compared to the previous quarter.
- The company's operating margin improved to 19.06% in Q2 2026, showcasing effective cost management despite fluctuations in gross margin.
- The current market sentiment is cautious, with a sell signal indicating potential challenges ahead for Iron Mountain's stock performance.
- Iron Mountain's gross margin decreased to 52.8% in Q2 2026, down from 54% in the prior quarter, indicating pressure on profitability.
- The company's free cash flow was negative at -$436 million, raising concerns about its financial health and ability to sustain operations.
Fundamentals
| Market cap | $33.63B | Enterprise value | $53.76B | Trailing P/E | 80.69 | Forward P/E | 41.43 |
| PEG | 2.70 | Price / book | -26.25 | Beta | 1.19 | Dividend yield | 3.06% |
| Revenue growth | 18.5% | Earnings growth | — | Gross margin | 54.2% | Operating margin | 19.1% |
| Profit margin | 5.5% | ROE | — | ROA | 4.6% | Debt / equity | — |
| Current ratio | 0.73 | Free cash flow | -$436.09M | Analyst recommendation | buy | Mean target | $145.09 |
| 52w high | $134.68 | 52w low | $77.77 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.8B | $1.8B | $1.7B |
| Op margin | 19.1% | 21.0% | 22.0% | 20.8% | 18.3% |
| Net income | $101M | $144M | $89.3M | $84.3M | -$44.9M |
| Gross margin | 52.8% | 54.0% | 55.4% | 54.9% | 55.9% |
| Gross profit | $1.1B | $1.0B | $1.0B | $962M | $957M |
| Operating income | $387M | $406M | $405M | $365M | $314M |
- Revenue +5% vs prior quarter ($2.0B vs $1.9B).
- Gross margin 52.8% (was 54% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $6.9B | $6.1B | $5.5B | $5.1B | — |
| Op margin | 20.3% | 19.7% | 20.3% | 20.5% | — |
| Net income | $145M | $180M | $184M | $557M | — |
| Gross margin | 55.4% | 56.2% | 57.0% | 57.1% | — |
| Gross profit | $3.8B | $3.5B | $3.1B | $2.9B | — |
| Operating income | $1.4B | $1.2B | $1.1B | $1.0B | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-06 · The REITs Quietly Collecting Rent in One of Real Estate’s Strongest Corners
2026-10-06 · Goldman Sachs Adjusts Price Target on Iron Mountain to $155 From $153, Keeps Buy Rating
2026-10-03 · 4 Data Center REITs That Pay Dividends: Where AI Boom Meets Steady Income
2026-10-02 · DLR Expands AI Infrastructure Opportunity With Blackfuel Collaboration
2026-09-30 · Iron Mountain Targets 300MW Data Center Pipeline as ALM Growth Accelerates
2026-09-29 · Iron Mountain (IRM) Stock Could Be 36% Below Fair Value Despite AI Recognition
2026-09-29 · Accelerating Growth Drives Another Beat-and-Raise Quarter for Iron Mountain (IRM)
2026-09-29 · Iron Mountain (IRM) Gains Fresh Analyst Recognition, Is The AI Upside Fully Priced?
2026-09-28 · NRC Health Trades at a Discount: Should You Buy, Sell or Hold?
2026-09-28 · Iron Mountain Recognized in Four Industry Analyst Reports with First-Time Placements
2026-09-21 · Ciena upgraded, Flutter downgraded: Wall Street's top analyst calls
2026-09-21 · Rothschild & Co Redburn Initiates Iron Mountain at Buy With $132 Price Target
Price (daily)
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