Grade My Investments

Iron Mountain Incorporated (IRM) Stock Grade

IRM · Real Estate

A+
Grade updated: July 18, 2026
Computed by the GradeMyInvestments scoring model from revenue growth, profitability, balance-sheet strength, and analyst targets.
Market Cap
$24.5B
P/E Ratio
169.5
Revenue Growth (YoY)
+12.2%
Net Margin
2.1%
Return on Equity
Dividend Yield
4.0%

About Iron Mountain Incorporated's fundamentals

Iron Mountain is a specialty real estate investment trust with a $24.5 billion market capitalization that generated 12.2% year-over-year revenue growth. However, the company operates on a thin 2.1% net margin, and its valuation appears stretched with a P/E ratio of 169.5, suggesting investors are pricing in significant future earnings improvements. The company offers a 4.0% dividend yield, which is typical for REITs in its sector and provides current income to shareholders.

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