Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Iron Mountain's share price for the quarter that ended in Dec. 2023 was $69.98. Iron Mountain's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 292 Mil. Therefore, Iron Mountain's market cap for the quarter that ended in Dec. 2023 was $20,444 Mil.
Iron Mountain's quarterly market cap
increased
from Jun. 2023 ($16,581 Mil) to Sep. 2023 ($17,355 Mil) and
increased
from Sep. 2023 ($17,355 Mil) to Dec. 2023 ($20,444 Mil).
Iron Mountain's annual market cap
declined
from Dec. 2021 ($15,163 Mil) to Dec. 2022 ($14,498 Mil) but then
increased
from Dec. 2022 ($14,498 Mil) to Dec. 2023 ($20,444 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Iron Mountain's Enterprise Value for Today is $37,209 Mil.
Iron Mountain Market Cap Historical Data
The historical data trend for Iron Mountain's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Iron Mountain's Market Cap
For the REIT - Specialty subindustry, Iron Mountain's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Iron Mountain's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Iron Mountain's Market Cap distribution charts can be found below:
* The bar in red indicates where Iron Mountain's Market Cap falls into.
Iron Mountain Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Iron Mountain's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Iron Mountain (NYSE:IRM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Iron Mountain Market Cap Related Terms
Thank you for viewing the detailed overview of Iron Mountain's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Iron Mountain (Iron Mountain) Business Description
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.
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