Iron Mountain Incorporated
IRMReal EstateNASDAQREIT - Specialty · Last scanned Sep 9, 2026
Scan Results
Daily timeframeIron Mountain Incorporated is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through. At a $34.56B market cap, Iron Mountain Incorporated ranks as a large-cap company within real estate. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs.
Market Cap
$34.56B
Beta
1.20
P/E (TTM)
82.33
P/E (Fwd)
42.55
EPS (TTM)
$1.41
EPS (Fwd)
$2.73
ROE
—
ROA
4.6%
Cash
$204.8M
Total Debt
$19.95B
Free CF
-$436.1M
52W Change
19.9%
Annual Financials
Cash vs Debt
Where IRM stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, IRM finished 3.83% below its 150-day moving average ($116.30) and 3.17% above its 200-day moving average ($108.40). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is IRM overbought or oversold?
At the September 3, 2026 close, IRM's RSI(14) was 22.3, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, IRM has $204.8M in cash with $19.95B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$436.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROA of 4.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $5.10B (2022) to $6.90B (2025), reflecting a 35% increase over the period.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. At over 50x earnings, IRM carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Iron Mountain Incorporated's trajectory.