Iron Mountain (MEX:IRM1) EBIT: MXN22,413 Mil (TTM As of Mar. 2026)


MEX:IRM1 Iron Mountain Inc MEX:IRM1
85 GF Score
Price MXN1,964.06
GF Value MXN1,586.04
! 10 Warning Signs
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What is Iron Mountain EBIT?

Iron Mountain MEX:IRM1 85 EBIT is MXN22,413 Mil as of Mar. 2026. GuruFocus rates MEX:IRM1 with a GF Score™ of 85/100 and a GF Value™ of MXN1,586.04. The stock has 10 warning signs investors should review.

Iron Mountain's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN7,239 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN22,413 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iron Mountain's annualized ROC % for the quarter that ended in Mar. 2026 was 6.79%. Iron Mountain's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Iron Mountain's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.18%.


Iron Mountain  (MEX:IRM1) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Iron Mountain's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=29266.568 * ( 1 - 15.4% )/( (367395.398 + 361504.115)/ 2 )
=24759.516528/364449.7565
=6.79 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=380370.755 - 25300.493 - ( 2854.534 - max(0, 47165.859 - 34840.723+2854.534))
=367395.398

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=387465.289 - 37041.384 - ( 4520.978 - max(0, 47922.513 - 36842.303+4520.978))
=361504.115

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Iron Mountain's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28956.26/( ( (216275.844 + max(-5542.965, 0)) + (221618.655 + max(-11688.723, 0)) )/ 2 )
=28956.26/( ( 216275.844 + 221618.655 )/ 2 )
=28956.26/218947.2495
=13.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25994.271 + 0 + 5991.918) - (25300.493 + 7665.243 + 4563.418)
=-5542.965

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25690.016 + 0 + 6631.309) - (37041.384 + 6968.665 + -0.0010000000038417)
=-11688.723

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Iron Mountain's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=22413.437/1026022.689
=2.18 %

* 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 EBIT Related Terms


Iron Mountain EBIT Historical Data

* Premium members only.

The historical data trend for Iron Mountain's EBIT 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 EBIT Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,628.26 21,990.08 14,014.09 20,454.62 19,043.73

Iron Mountain Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 4,690.43 3,435.60 5,881.81 5,856.97 7,239.07

MEX:IRM1 vs CCI, SBAC, WY: EBIT Comparison

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

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

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


MEX:IRM1
85GF Score
Iron Mountain Inc MEX:IRM1
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN22,413 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN22,413 Mil mean?
Iron Mountain (MEX:IRM1) has a EBIT of MXN22,413 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Iron Mountain.
Is Iron Mountain's EBIT too high?
Iron Mountain's current EBIT is MXN22,413 Mil. Overall, Iron Mountain has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's EBIT compare to CCI and SBAC?
Iron Mountain's EBIT of MXN22,413 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Iron Mountain. Iron Mountain's current EBIT is MXN22,413 Mil. 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?
Iron Mountain (MEX:IRM1) has a current EBIT of MXN22,413 Mil. The stock's GF Value™ is MXN1,586.04, compared to a current price of MXN1,964.06 — trading 23.8% above its estimated fair value. The current EBIT is MXN22,413 Mil. Iron Mountain's overall GF Score™ is 85/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Iron Mountain (MEX:IRM1), the current EBIT is MXN22,413 Mil as of Mar. 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 (MEX:IRM1) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be overvalued. The current stock price of MXN1,964.06 is trading 23.8% above its estimated GF Value™ of MXN1,586.04.

Key valuation signals for MEX:IRM1:

  • EBIT: MXN22,413 Mil
  • GF Value™: MXN1,586.04 vs. price of MXN1,964.06 (23.8% above fair value)
  • GF Score™: 85/100 with 10 warning signs

No single metric tells the full story. See the MEX:IRM1 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 MEX:IRM1

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

MXN1,964.06
Price
MXN1,586.04
GF Value