IRM

Iron Mountain Incorporated

Real Estate · $33.0B market cap

Verdict

Share price

$113.39

close of Oct 3, 2026

Fair value

$53.28

Sticker Price

Payback Price

$21.31

buy price

Overpriced

IRM is Overpriced: at $113.39 it trades 113% above its fair value of $53.28. Its buy price (Payback Price) is $21.31, 81% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth3.5% a year✗
Equity per share growth-8.2% a year✗
Sales growth4.9% a year✗
Free cash flow growth2.0% a year✗
Return on invested capital4.9%✗

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Insider activity

Since Jul 1, 2026: no open-market purchases, 17 sales worth $17.4M and 7 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Iron Mountain Incorporated

Established in 1951, Iron Mountain Incorporated (NYSE: IRM) has become the world's foremost authority in storage and information management solutions. More than 225,000 organizations globally trust Iron Mountain with their critical assets. With an extensive physical infrastructure spanning over 90 million square feet, the company operates approximately 1,450 facilities in around 50 countries. Within this vast…

REIT - Specialty

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works