Iron Mountain Incorporated (IRM)
Iron Mountain is a global business that helps companies store, protect, and manage their physical documents and digital data.
Is Iron Mountain Incorporated a good stock for a UK beginner?
The honest version: Iron Mountain is a global business that helps companies store, protect, and manage their physical documents and digital data.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Iron Mountain becomes a dominant leader in global data centre infrastructure.
The decline of physical document storage happens faster than digital growth can replace it.
What does Iron Mountain Incorporated do?
While they started out as a company storing paper files in underground bunkers, Iron Mountain has evolved into a major player in data centres and cloud storage. Recurring fees, paid by businesses to keep their sensitive information safe and accessible, are the source of income. How successfully they carry their shift from traditional paper storage into the high-growth world of digital data centres will shape their future.
On our factor screen it looks strongest on growth and momentum, and weakest on value.
- ✓Pays a dividend - about 2.8% a year
- ✓Growing - revenue up about 22% over the year
- !High P/E of 133 - big growth is already priced in
- Growth screens high (87/100)
- Strong, recurring revenue from long-term business contracts
- Successful pivot into the growing data centre market
- High gross margins indicate a strong competitive position
- Value screens low (31/100)
- Rising interest rates make it more expensive to finance their property-heavy business
- Cybersecurity threats to their digital data centres could damage their reputation
- Economic downturns might lead companies to cut back on storage spending
What do Iron Mountain Incorporated's numbers mean?
How much money does Iron Mountain Incorporated make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Iron Mountain Incorporated pay a dividend?
Yes - Iron Mountain Incorporated currently pays a dividend of about 2.8% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Iron Mountain Incorporated report earnings, and how did recent quarters go?
Iron Mountain Incorporated is next scheduled to report on about 2026-08-05 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-04-30 | $0.52 | $0.60 | Beat +16% |
| 2026-02-12 | $0.59 | $0.61 | Beat +4% |
| 2025-11-05 | $0.53 | $0.54 | Beat +2% |
| 2025-08-06 | $0.50 | $0.48 | Missed -4% |
| 2025-05-01 | $0.40 | $0.43 | Beat +7% |
| 2025-02-13 | $0.53 | $0.50 | Missed -6% |
Across the last 6 quarters here, Iron Mountain Incorporated came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Prologis, Inc.What are the scenarios for Iron Mountain Incorporated?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Iron Mountain Incorporated?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Strong, recurring revenue from long-term business contracts
- Successful pivot into the growing data centre market
- High gross margins indicate a strong competitive position
- High valuation metrics suggest the shares are priced for perfection
- Heavy reliance on physical real estate which is expensive to maintain
- The legacy paper storage business is slowly shrinking over time
- Rising interest rates make it more expensive to finance their property-heavy business
- Cybersecurity threats to their digital data centres could damage their reputation
- Economic downturns might lead companies to cut back on storage spending
The write-up's own warning lights — if these start happening, the case above changes.
- A significant drop in demand for data centre space
- A sustained period where the company fails to grow its digital revenue
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.