• REIT - Specialty
  • Real Estate
Iron Mountain Incorporated logo
Iron Mountain Incorporated
IRM · US · NYSE
108.44
USD
+1.07
(0.99%)
Company Overview

ONE FEDERAL STREET,BOSTON MA 02110,617-535-4781

CEO

Mr. William L. Meaney BSc, MEng, MSIA

Employess

27000

Sector

Real Estate

Industry

REIT - Specialty

Website

https://www.ironmountain.com

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.

Next Earnings Date

Nov. 7, 2024

Ex Dividends date

Oct. 03, 2024

Dividend Date

Sept. 16, 2024

YTD Performance

58.01%

Fiscal Year End

12-31

IPO Date

1996-02-01

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 6.12% 5.34% 9.74% 7.38%
EPS 2.14% -13.08% -19.10% -67.19%
Equity -14.78% -35.42% -42.90% -66.76%
Cash 6.34% 6.13% 2.80% 57.12%
Return On Capital (ROIC) 6.61% 5.43% 5.59% 5.07%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 412 376 309 194 389
Long Term Debt 14,400 12,900 11,100 10,600 10,000
LT Finance Leases 2,850 2,720 2,170 2,040 1,730
Shares Outstanding 292 291 289 288 287
Market Cap 20,400 14,500 15,100 8,500 9,150
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Iron Mountain (IRM) Rises 53.4% YTD: Will the Trend Last?
1 month

A recurring revenue model and expansion into the data center business will likely drive Iron Mountain's (IRM) performance despite the elevated interest rate environment.

zacks.com
The 7 Best Dividend Stocks to Buy Now: August 2024
1 month

You don't have to buy real estate to generate cash flow from your assets. Not only is it easier to buy the best dividend stocks with any amount of capital, but it also takes less work to stay on top of these investments.

investorplace.com
Dividend Income: Lanny's July 2024 Summary
1 month

In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting.

seekingalpha.com
4 REITs With Fastest Dividend Growth
1 month

REITs have crashed, but their dividends have kept growing. Some of them are growing their dividends at a very rapid pace. Here are 4 REITs with >10% annual dividend growth rates.

seekingalpha.com
3 Overrated REITs To Avoid
1 month

REITs are starting to regain investors' respect. But some of them are getting overhyped. I highlight 3 overrated REITs that I would avoid.

seekingalpha.com
Iron Mountain's (IRM) Q2 AFFO Beat Estimates, Revenues Rise Y/Y
2 months

Iron Mountain's (IRM) Q2 results reflect a year-over-year rise in revenues backed by solid storage and service segments and the data-center business performance. However, high interest expenses ail.

zacks.com
Here's What Key Metrics Tell Us About Iron Mountain (IRM) Q2 Earnings
2 months

Although the revenue and EPS for Iron Mountain (IRM) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

zacks.com
Iron Mountain Incorporated (IRM) Q2 2024 Earnings Call Transcript
2 months

Iron Mountain Incorporated (NYSE:IRM ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gillian Tiltman - SVP and Head, IR William Meaney - President and CEO Barry Hytinen - EVP and CFO Conference Call Participants George Tong - Goldman Sachs Kevin McVeigh - UBS Nate Crossett - BNP Alexander Hess - JPMorgan Eric Luebchow - Wells Fargo Shlomo Rosenbaum - Stifel Brendan Lynch - Barclays Jon Atkin - RBC Operator Good morning and welcome to the Iron Mountain Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

seekingalpha.com
Iron Mountain (IRM) Q2 FFO and Revenues Surpass Estimates
2 months

Iron Mountain (IRM) came out with quarterly funds from operations (FFO) of $1.08 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to FFO of $0.94 per share a year ago.

zacks.com
Iron Mountain second-quarter FFO jumps on strong demand for data storage
2 months

Iron Mountain on Thursday posted a rise in funds from operations (FFO) for the second quarter, on the back of rising demand for its data-center business.

reuters.com
What Are the Hottest Growth Stocks Right Now? 7 Top Picks.
2 months

Investing in growth stocks gives investors the opportunity to outperform major benchmarks like the S&P 500 and the Nasdaq Composite. Growth-oriented firms regularly exhibit rising revenue.

investorplace.com
Q3's Rising Stars: 3 S&P 500 Stocks for Your Must-Watch List
2 months

The S&P 500 is one of the most recognized benchmarks in the stock market. In fact, an ETF that tracks the S&P 500, the SPDR S&P 500 ETF Trust (NYSEARCA: SPY ) is regularly one of the top ETFs by trading volume.

investorplace.com