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Friday 6 November 2026 Export IRM’s income statement to Excel — free account

Iron Mountain Incorporated

IRM Real Estate Reit Specialty

Iron Mountain Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $6.9 billion, up 12.2% from fiscal 2024.

Revenue
+13.5%
EPS
+50.0%
Free cash flow
−13.0%
Total debt
+11.0%

Quarter to September 2026, against a year earlier

104.38 1.12 −1.06%
Market cap
$31.4B
P/E
69.3×
Fwd P/E
63.1×
Dividend yield
3.24%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Iron Mountain Incorporated (IRM) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Iron Mountain Incorporated (IRM) trades at a EV/Sales of 6.4×. Over the past ten years it has ranged from 3.3× (January 2016) to 8.5× (October 2024); the current reading is higher than 81% of that period. That is below the Reit Specialty industry median of 8.5× and below the Real Estate sector median of 7.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.9× (18.16%)
FY2024 7.2× 24.63%
FY2023 5.8× 18.87%
FY2022 4.9× (9.41%)
FY2021 5.4× 31.29%
FY2020 4.1× (0.85%)
FY2019 4.1× 1.28%
FY2018 4.1× (2.64%)
FY2017 4.2× 3.91%
FY2016 4.0× 16.55%

Quarterly newest first

Period EV/Sales Change
Sep 2026 6.5× (9.95%)
Jun 2026 7.2× 11.20%
Mar 2026 6.5× 10.20%
Dec 2025 5.9× (14.99%)
43 more quarters

Against its own ten years

Low 3.3× High 8.5×
Ten-year median 4.6×
Current reading's percentile 79

EV/Sales against peers

Company EV/Sales
WY Weyerhaeuser Company compare 3.0×
IRM Iron Mountain Incorporated 6.4×
LAMR Lamar Advertising Company compare 8.2×
AMT American Tower Corporation compare 11.4×
GLPI Gaming and Leisure Properties, Inc. compare 11.5×
SBAC SBA Communications Corporation compare 11.5×
EQIX Equinix, Inc. compare 11.8×
DLR Digital Realty Trust, Inc. compare 11.8×
CCI Crown Castle Inc. compare 13.8×
Reit Specialty industry median 8.5×
Real Estate sector median 7.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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