IRM (Iron Mountain) Earnings per Share (Diluted): $1.40 (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IRM Iron Mountain Inc IRM
86 GF Score
Price $126.62
GF Value $117.52
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Iron Mountain Earnings per Share (Diluted)?

Iron Mountain IRM +1.82% 86 Earnings per Share (Diluted) is $1.40 as of Jun. 2026. GuruFocus rates IRM with a GF Score™ of 86/100 and a GF Value™ of $117.52 (Fairly Valued). The stock has 10 warning signs investors should review. Among 666 REITs companies, Iron Mountain ranks better than 60.66% on this metric.

Iron Mountain's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $0.34. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.40.

Iron Mountain's EPS (Basic) for the three months ended in Jun. 2026 was $0.34. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.40.

Iron Mountain's EPS without NRI for the three months ended in Jun. 2026 was $0.60. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $2.35.

During the past 12 months, Iron Mountain's average EPS without NRIGrowth Rate was 27.00% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 5.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 10.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 7.10% per year.

During the past 13 years, Iron Mountain's highest 3-Year average EPS without NRI Growth Rate was 37.50% per year. The lowest was -35.90% per year. And the median was 5.40% per year.


Iron Mountain  (NYSE:IRM) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Iron Mountain Earnings per Share (Diluted) Related Terms


Iron Mountain Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Iron Mountain's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.90 0.63 0.61 0.49

Iron Mountain Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.15 0.28 0.30 0.48 0.34

IRM vs CCI, SBAC, WY: Earnings per Share (Diluted) Comparison

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

For the REITs industry and Real Estate sector, Iron Mountain's PE Ratio distribution charts can be found below:

* The bar in red indicates where Iron Mountain's PE Ratio falls into.


IRM
86GF Score
Iron Mountain Inc IRM
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Mountain Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Iron Mountain's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (A: Dec. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(144.591-0)/297.816
=0.49

Iron Mountain's Earnings Per Share (Diluted) for the quarter that ended in Jun. 2026 is calculated as

Diluted Earnings Per Share (Q: Jun. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(101.43-0)/299.849
=0.34

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.40

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $1.40 mean?
Iron Mountain (IRM) has a Earnings per Share (Diluted) of $1.40 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Iron Mountain and its competitors. According to the industry distribution chart, Iron Mountain ranks #262 out of 666 companies in the REITs industry, placing it in the top 39.3%.
Is Iron Mountain's Earnings per Share (Diluted) too high?
Iron Mountain's current Earnings per Share (Diluted) is $1.40. The REITs industry median Earnings per Share (Diluted) is 1.05. Iron Mountain's value of $1.40 is 33.3% above this industry median. Based on the distribution chart, Iron Mountain ranks #262 out of 666 companies in the REITs industry, which is above the industry midpoint. Overall, Iron Mountain has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's Earnings per Share (Diluted) compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #262 out of 666 companies for Earnings per Share (Diluted). This puts Iron Mountain in the upper half of its industry. The industry median Earnings per Share (Diluted) is 1.05. Iron Mountain's value of $1.40 is 33.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 1.05, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current Earnings per Share (Diluted) of $1.40 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Iron Mountain and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current Earnings per Share (Diluted) is $1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Mountain stock overvalued right now?
Based on GuruFocus' analysis, Iron Mountain (IRM) is currently considered Fairly Valued. The stock's GF Value™ is $117.52, compared to a current price of $126.62 — trading 7.7% above its estimated fair value. The current Earnings per Share (Diluted) is $1.40 and 33.3% above the REITs industry median of 1.05. Iron Mountain's overall GF Score™ is 86/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Iron Mountain (IRM), the current Earnings per Share (Diluted) is $1.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Iron Mountain (IRM) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be overvalued. The current stock price of $126.62 is trading 7.7% above its estimated GF Value™ of $117.52. GuruFocus considers Iron Mountain to be Fairly Valued.

Key valuation signals for IRM:

  • Earnings per Share (Diluted): $1.40
  • GF Value™: $117.52 vs. price of $126.62 (7.7% above fair value)
  • GF Score™: 86/100 with 10 warning signs
  • Industry Position: 33.3% above the REITs median (#262 of 666)

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.
86GF Score

Get the complete analysis for IRM

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$126.62
Price
$117.52
GF Value