Iron Mountain Financials

IRM Stock  USD 124.24  0.63  0.51%   
Based on the analysis of Iron Mountain's profitability, liquidity, and operating efficiency, Iron Mountain Incorporated may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Iron Mountain's Accounts Payable is very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 16.5 B, while Current Deferred Revenue is likely to drop about 219 M. Key indicators impacting Iron Mountain's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03160.0336
Notably Down
Very volatile
Return On Assets0.01250.0105
Fairly Up
Pretty Stable
Operating Income511.3 M921.8 M
Way Down
Slightly volatile
Current Ratio0.760.7761
Fairly Down
Slightly volatile
The financial analysis of Iron Mountain is a critical element in measuring its lifeblood. Investors should not minimize Iron Mountain's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

237.91 Million

  
Understanding current and past Iron Mountain Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Iron Mountain's financial statements are interrelated, with each one affecting the others. For example, an increase in Iron Mountain's assets may result in an increase in income on the income statement.

Iron Mountain Earnings Geography

Iron Mountain Stock Summary

Iron Mountain competes with Equinix, Crown Castle, American Tower, Hannon Armstrong, and Digital Realty. Iron Mountain Incorporated , founded in 1951, is the global leader for storage and information management services. 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. Iron Mountain operates under REITSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 25000 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS46284V1017
CUSIP46284V101 462846106 46284P104
LocationMassachusetts; U.S.A
Business Address85 New Hampshire
SectorSpecialized REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.ironmountain.com
Phone617 535 4766
CurrencyUSD - US Dollar

Iron Mountain Key Financial Ratios

Iron Mountain Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets13.8B14.1B14.5B16.1B17.5B18.3B
Other Current Liab961.8M764.3M772.9M743.2M958.5M1.0B
Net Debt10.2B10.5B11.2B13.1B14.6B15.3B
Accounts Payable324.7M359.9M369.1M469.2M539.6M566.6M
Cash193.6M205.1M255.8M141.8M222.8M178.8M
Net Receivables850.7M859.3M961.4M1.2B1.3B1.3B
Good Will4.5B4.6B4.5B4.9B5.0B2.8B
Other Current Assets192.1M410.8M448.0M230.4M252.9M167.5M
Total Liab12.4B13.0B13.6B15.5B17.1B17.9B
Total Current Assets1.2B1.3B1.4B1.5B1.7B932.3M
Short Term Debt389.0M444.0M569.0M376.3M412.5M433.1M
Retained Earnings(2.6B)(3.0B)(3.2B)(3.4B)(4.0B)(3.8B)
Intangible Assets1.4B1.3B1.2B1.4B1.3B1.1B
Common Stock2.9M2.9M2.9M2.9M2.9M2.1M
Other Liab322.4M402.9M368.0M580.4M667.4M700.8M
Other Assets172.9M295.9M274.2M533.6M34K32.3K
Long Term Debt8.3B8.5B8.7B10.2B11.8B12.4B
Net Tangible Assets(2.6B)(2.6B)(2.5B)(3.1B)(2.8B)(3.0B)
Long Term Debt Total8.3B8.5B9.0B10.5B12.1B6.8B

Iron Mountain Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense419.3M418.5M418.0M488.0M598.4M628.3M
Total Revenue4.3B4.1B4.5B5.1B5.5B2.9B
Gross Profit2.4B2.4B2.6B2.9B3.1B1.6B
Operating Income781.3M645.1M854.2M1.0B921.8M511.3M
Ebit781.3M(2.2B)(1.8B)(2.2B)825.6M866.9M
Ebitda1.4B1.3B1.8B1.9B1.6B905.4M
Cost Of Revenue1.8B1.8B1.9B2.2B2.4B1.3B
Net Income267.4M342.7M450.2M557.0M184.2M170.5M
Income Tax Expense59.9M29.6M176.3M69.5M39.9M64.3M
Income Before Tax328.1M372.7M629.0M631.6M227.2M247.2M
Minority Interest938K403K2.5M5.2M(3.0M)(2.9M)
Tax Provision59.9M29.6M176.3M69.5M39.9M63.6M
Interest Income6.6M8.3M402.2M426.3M12.5M11.8M
Net Interest Income(419.3M)(418.5M)(418.0M)(488.0M)(585.9M)(615.2M)

Iron Mountain Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash28.1M11.5M50.8M(114.0M)81.0M85.0M
Free Cash Flow218.2M534.4M134.5M44.1M(231.5M)(220.0M)
Depreciation658.2M669.4M697.0M745.6M793.0M832.7M
Other Non Cash Items(3.6M)(183.9M)(348.8M)(128.6M)135.3M142.1M
Dividends Paid704.5M716.3M718.3M724.4M737.7M506.5M
Capital Expenditures748.5M453.3M624.4M883.6M1.3B1.4B
Net Income268.3M343.1M452.7M562.1M187.3M169.0M
End Period Cash Flow193.6M205.1M255.8M141.8M222.8M191.3M
Net Borrowings506.5M(168.0M)545.5M1.4B1.2B1.2B
Change To Netincome940K(169.1M)(268.0M)(42.2M)(38.0M)(39.9M)
Investments(19.2M)(18.3M)(78.6M)(73.2M)(1.4B)(1.3B)

Iron Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Iron Mountain's current stock value. Our valuation model uses many indicators to compare Iron Mountain value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iron Mountain competition to find correlations between indicators driving Iron Mountain's intrinsic value. More Info.
Iron Mountain Incorporated is currently regarded as number one stock in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Iron Mountain Incorporated is roughly  12.89 . At this time, Iron Mountain's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Iron Mountain by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Iron Mountain Systematic Risk

Iron Mountain's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Iron Mountain volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Iron Mountain correlated with the market. If Beta is less than 0 Iron Mountain generally moves in the opposite direction as compared to the market. If Iron Mountain Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Iron Mountain is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Iron Mountain is generally in the same direction as the market. If Beta > 1 Iron Mountain moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Iron Mountain Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Iron Mountain's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Iron Mountain growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.57)

At this time, Iron Mountain's Price Earnings To Growth Ratio is very stable compared to the past year.

Iron Mountain November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Iron Mountain help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Iron Mountain Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Iron Mountain Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Iron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Iron Mountain's daily price indicators and compare them against related drivers.
When determining whether Iron Mountain is a strong investment it is important to analyze Iron Mountain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iron Mountain's future performance. For an informed investment choice regarding Iron Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Mountain Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Other Specialized REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iron Mountain. If investors know Iron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iron Mountain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
308.278
Dividend Share
2.634
Earnings Share
0.36
Revenue Per Share
20.438
Quarterly Revenue Growth
0.122
The market value of Iron Mountain is measured differently than its book value, which is the value of Iron that is recorded on the company's balance sheet. Investors also form their own opinion of Iron Mountain's value that differs from its market value or its book value, called intrinsic value, which is Iron Mountain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iron Mountain's market value can be influenced by many factors that don't directly affect Iron Mountain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iron Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iron Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iron Mountain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.