Crown Castle Inc. (CCI) vs Iron Mountain Incorporated (IRM)

Crown Castle Inc. and Iron Mountain Incorporated are both Reit Specialty companies. Iron Mountain Incorporated is the larger, with a market value of $34.0B against $28.7B — 1.2× the size. Crown Castle Inc. trades at the lower P/E: 34.3× against 79.6×. Iron Mountain Incorporated grew revenue faster over the last twelve months: 17.4% against −4.56%. Crown Castle Inc. has the higher net margin (20.7% vs 5.54%) and the higher return on invested capital (9.03% vs 5.48%). Both pay a dividend; Crown Castle Inc. yields more (5.82% vs 3.68%). Across the 21 metrics below, Crown Castle Inc. leads on 14 and Iron Mountain Incorporated on 7.

Valuation

Metric CCI IRM Reit Specialty median
P/E 34.26 79.56 26.27
P/S 7.06 4.39 5.86
P/B n/m n/m 2.19
Price to free cash flow 12.21 n/m 14.62
EV/EBITDA 17.21 19.80 16.22
EV/Sales 11.14 6.65 8.93
Earnings yield 2.92% 1.26% 3.43%
Free cash flow yield 8.19% (1.79%) 5.37%

Profitability

Metric CCI IRM Reit Specialty median
Gross margin 73.73% 54.21% 67.43%
Operating margin 47.66% 18.76% 21.38%
Net margin 20.72% 5.54% 16.14%
Free cash flow margin 57.82% (7.87%) 31.07%
Return on equity (37.06%) (54.95%) 4.76%
Return on assets 3.24% 1.99% 3.29%
Return on invested capital 9.03% 5.48% 4.19%

Growth

Metric CCI IRM Reit Specialty median
Revenue growth (TTM) (4.56%) 17.37% 5.36%
EPS growth (last fiscal year) 111.25% (19.67%) —
Revenue growth, 5-year CAGR (6.10%) 10.72% 6.70%
Net income growth, 5-year CAGR (14.97%) (15.85%) 0.00%

Health

Metric CCI IRM Reit Specialty median
Debt to equity (5.58) (18.17) 0.62
Current ratio 0.52 0.73 0.70
Net debt to EBITDA 8.60 7.33 4.47

Dividend

Metric CCI IRM Reit Specialty median
Dividend yield 5.82% 3.68% 3.88%
Payout ratio 1.57 1.92 1.14

Size

Metric CCI IRM Reit Specialty median
Market cap 28.72b 33.96b 8.48b

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