IRM

NYSE

IRON MOUNTAIN INC

Real Estate, Other Specialized REITs

$121.15

close 7 Aug 2026

+35.29%

52-week change

$36.06B

market cap

$77.77

$134.68

52-week range

Expected price

$109.04 – $133.27

Current price

$121.15

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)85.92x

P/S (TTM)4.77x

P/B-28.15x

EV/EBITDA (TTM)21.30x

FCF yield (TTM)-1.36%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average136.22x

P/E, sector median34.68x*

Price at 5-year median P/E$102.16*

Indicated dividend yield2.85%

Forward — analyst consensus

Forward P/E (FY2026)48.86x*

Forward P/E (FY2027)44.35x

Forward PEG4.81*

Consensus EPS FY2026 (6 analysts)$2.48

EPS growth (FY2026→FY2027)10.16%

Revenue growth (FY2026)16.14%

Street view

Price target (mean)$144.50*

Target upside19.27%

Ratings (buy / hold / sell)10 / 0 / 1

FY2026 EPS revisions, 30d (up / down)1 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$121.15

Cash & equivalents—

Total debt$17.35B

Shares outstanding297.66M

Result

DCF price per share—

Current price$121.15

Margin of safety—

PV of years 1–10-$4.22B

PV of terminal value-$6.90B

Equity value—

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$515.47M	-$541.24M	-$568.30M	-$596.72M	-$626.55M	-$657.88M	-$690.77M	-$725.31M	-$761.58M	-$799.66M	-$14.90B
PV	-$477.28M	-$464.03M	-$451.14M	-$438.60M	-$426.42M	-$414.58M	-$403.06M	-$391.86M	-$380.98M	-$370.40M	-$6.90B

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026