Iron Mountain Incorporated (IRM)
Real Estate · NYQ
Price as at 1 Oct 2026, 02:42 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Iron Mountain Incorporated trades at $110.95, which is 56% above the $49.06 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 51 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 133.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
IRM dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $2.59 | 3 |
| 2025 | $3.22 | 4 |
| 2024 | $2.73 | 4 |
| 2023 | $2.54 | 4 |
| 2022 | $2.48 | 4 |
| 2021 | $2.48 | 4 |
| 2020 | $2.48 | 4 |
| 2019 | $2.45 | 4 |
| 2018 | $2.38 | 4 |
| 2017 | $2.24 | 4 |
| 2016 | $2.00 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
IRM earnings and analyst estimates
Recommendation mix, 11 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Iron Mountain Incorporated
Iron 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 services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Iron Mountain Incorporated is based in Portsmouth, New Hampshire. Iron Mountain Incorporated was founded in 1951 and is incorporated in Delaware and is based in Portsmouth, New Hampshire.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
IRM passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$266.50M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$43.35M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$19.84M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$15.57M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$13.87M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in IRM
We hold 12 disclosed trades in IRM by members of Congress and executive-branch officials. The latest 5:
- Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 12 Jul 2023 · disclosed 13 Aug 2023
- Carol Devine Miller · HouseBuy · $1,001 - $15,000 · traded 4 Mar 2021 · disclosed 2 Sept 2022
- Dean Phillips · HouseBuy · $1,001 - $15,000 · traded 5 Jan 2021 · disclosed 13 Feb 2021
- Carol Devine Miller · HouseBuy · $15,001 - $50,000 · traded 28 Jul 2020 · disclosed 14 Sept 2020
- Gilbert Cisneros · HouseSell · $1,001 - $15,000 · traded 18 Mar 2020 · disclosed 16 Apr 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
IRM peers
The largest companies in the same industry (REIT - Specialty), then in the same sector.
- WY Weyerhaeuser Company
- LAMR Lamar Advertising Company
- GLPI Gaming and Leisure Properties, Inc.
- RYN Rayonier Inc.
- OUT OUTFRONT Media Inc.
- EPR EPR Properties
- FPI Farmland Partners Inc.
- LAND Gladstone Land Corporation
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Iron Mountain Incorporated (IRM) undervalued?
Against our fair value estimate of $49.06, IRM at $110.95 is 56% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own IRM?
11 of the institutions we track reported a position in IRM in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is IRM's P/E ratio?
IRM trades at 133.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Iron Mountain Incorporated (IRM) pay a dividend?
Yes. Iron Mountain Incorporated yields 2.82% at the current share price. It has paid $3.46 per share over the trailing twelve months. It has paid a dividend in each of the last 16 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its IRM data?
Fundamentals for IRM come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:42 UTC and is delayed. Our data quality score for this company is 79/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for IRM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.