IRM (Iron Mountain) Debt-to-EBITDA : (As of Jun. 2026)

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IRM Iron Mountain Inc IRM
85 GF Score
Price $114.34
GF Value $118.92
Valuation Fairly Valued
! 7 Warning Signs
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What is Iron Mountain Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Iron Mountain's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $553 Mil. Iron Mountain's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $19,394 Mil. Iron Mountain's annualized EBITDA for the quarter that ended in Jun. 2026 was $2,532 Mil. Iron Mountain's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 7.88.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Iron Mountain's Debt-to-EBITDA or its related term are showing as below:

IRM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.5   Med: 7.26   Max: 9.14
Current: 7.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of Iron Mountain was 9.14. The lowest was 5.50. And the median was 7.26.

IRM's Debt-to-EBITDA is ranked worse than
60.38% of 573 companies
in the REITs industry
Industry Median: 6.32 vs IRM: 7.80

Iron Mountain  (NYSE:IRM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Iron Mountain Debt-to-EBITDA Related Terms


Iron Mountain Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Iron Mountain's Debt-to-EBITDA 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.

Iron Mountain Debt-to-EBITDA Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Iron Mountain Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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IRM vs CCI, SBAC, WY: Debt-to-EBITDA Comparison

For the REIT - Specialty subindustry, Iron Mountain's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Iron Mountain's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Iron Mountain's Debt-to-EBITDA falls into.


IRM
85GF Score
Iron Mountain Inc IRM
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Mountain Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Iron Mountain's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(535.203 + 18518.727) / 2066.998
=9.22

Iron Mountain's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(552.986 + 19394.134) / 2532.324
=7.88

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is Iron Mountain (IRM) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be undervalued. The current stock price of $114.34 is trading 3.9% below its estimated GF Value™ of $118.92. GuruFocus considers Iron Mountain to be Fairly Valued.

Key valuation signals for IRM:

  • Debt-to-EBITDA:
  • GF Value™: $118.92 vs. price of $114.34 (3.9% below fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the IRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Mountain Business Description

Industry Real EstateREITs
Address 85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is an information management services provider organized and operated as a real estate investment trust. The company offers solutions to its clients to address their information management, digital transformation, information security, data center, and asset lifecycle management (ALM) needs. Its customers come from various industries, including commercial, legal, financial, healthcare, technology, etc. The company has two reportable segments: Global Records and Information Management (Global RIM) and Global Data Center. Maximum revenue is generated from the Global RIM segment, which offers data and records management, secure shredding, consumer storage, and other related services. Geographically, the company generates maximum revenue from the United States.
85GF Score

Get the complete analysis for IRM

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$114.34
Price
$118.92
GF Value