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Saturday 17 October 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. In the quarter to June 2026, revenue grew 18.5%, EPS grew 326.7%, free cash flow grew 58.6% and total debt rose 11.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

112.51 0.17 −0.15%
Market cap
$33.6B
P/E
80.4×
Fwd P/E
64.9×
Dividend yield
3.07%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Iron Mountain Incorporated (IRM) P/B ratio

Alert me on P/B ratio

Iron Mountain Incorporated has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 1,406× (June 2024) — the current reading is the lowest in ten years.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 94.6× 317.08%
FY2022 22.7× 28.35%
FY2021 17.7× 136.47%
FY2020 7.5× 19.66%
FY2019 6.2× 25.54%
FY2018 5.0× 14.37%
FY2017 4.4× 3.39%
FY2016 4.2× (60.93%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 1,406×
Ten-year median 6.2×
Current reading's percentile 19

P/B ratio against peers

Company P/B ratio
IRM Iron Mountain Incorporated n/m
CCI Crown Castle Inc. compare n/m
SBAC SBA Communications Corporation compare n/m
WY Weyerhaeuser Company compare 1.5×
GLPI Gaming and Leisure Properties, Inc. compare 2.1×
DLR Digital Realty Trust, Inc. compare 2.3×
EQIX Equinix, Inc. compare 6.8×
AMT American Tower Corporation compare 8.4×
LAMR Lamar Advertising Company compare 15.3×
Reit Specialty industry median 2.0×
Real Estate sector median 1.0×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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