How Iron Mountain Incorporated stacks up

IRM · against 21 other Real Estate companies of similar size

Valuation

22/ 100

Near the bottom of its peers.

Ranked #18 of 22 · scores higher than 19% of peers

Bars: peers in each 10-point band of the valuation score

3 peers with a valuation score of 20–29, including IRM · Click a bar to see the companies

Why valuation scores 22?

Weighted metrics compared with all Real Estate companies.

Mainly because of its free cash flow yield, earnings yield and EBITDA yield, which are weaker than most Real Estate peers.

Negative (a loss or cash outflow), so it counts as zero whatever the share price. Free cash flow yield: -1.4% vs peer median 6.5%
lower earnings for the price paid: weaker than 73% of peers. Earnings yield: 1.3% vs peer median 5.3%
less operating profit (EBITDA) for the company's total value: weaker than 61% of peers. EBITDA yield: 4.8% vs peer median 5.4%

Metric by metric

Position: dot = IRM, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	IRM	Peer median	Better than	Weight
Earnings yieldHigher is better · 22 reported	1.2%	3.3%	10%	30%
EBITDA yieldHigher is better · 21 reported	4.6%	4.9%	35%	50%
Free cash flow yieldHigher is better · 15 reported	-1.7%	5.2%	0%	20%
Book yieldHigher is better · 21 reported	-3.7%	40.2%	10%	Context only

Ranking by valuation score

Top 5 and the companies ranked around IRM

Rank	Company	Market cap	Valuation	Overall
1	Daiwa House Industry Co., Ltd.1925.T · Japan	2.85T JPY (≈$19.4B)	90	67
2	VICI Properties Inc.VICI · US-listed	26.9B USD	77	78
3	Host Hotels & Resorts, Inc.HST · US-listed	17.9B USD	68	67
4	KE Holdings Inc.BEKE · US-listed	19.3B USD	48	54
4	Realty Income CorporationO · US-listed	54.4B USD	48	57
⋯
13	Public StoragePSA · US-listed	62.3B USD	31	49
15	Swire Properties Limited1972.HK · Hong Kong	148.3B HKD (≈$19.0B)	30	51
16	Goodman GroupGMG.AX · Australia & NZ	56.1B AUD (≈$37.0B)	29	70
17	Hongkong Land Holdings LimitedH78.SI · Singapore	17.6B USD	24	37
18	Iron Mountain IncorporatedIRM · US-listed	34.7B USD	22	45
19	Digital Realty Trust, Inc.DLR · US-listed	68.1B USD	19	33
19	AvalonBay Communities, Inc.VMRK · US-listed	48.0B USD	19	44
21	Ventas, Inc.VTR · US-listed	44.6B USD	17	39
22	DLF LimitedDLF.NS · India	1.75T INR (≈$21.1B)	9	41

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…