IRM (Iron Mountain) EBITDA Margin %: 34.98% (As of Mar. 2026) — Near Median


IRM Iron Mountain Inc IRM
85 GF Score
Price $130.59
GF Value $107.45
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Iron Mountain EBITDA Margin %?

Iron Mountain IRM -1.86% 85 EBITDA Margin % is 34.98% as of Mar. 2026, which is 8% above its 10-year median of 32.27. GuruFocus rates IRM with a GF Score™ of 85/100 and a GF Value™ of $107.45 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 750 REITs companies, Iron Mountain ranks worse than 81.33% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Iron Mountain's EBITDA for the three months ended in Mar. 2026 was $677 Mil. Iron Mountain's Revenue for the three months ended in Mar. 2026 was $1,936 Mil. Therefore, Iron Mountain's EBITDA margin for the quarter that ended in Mar. 2026 was 34.98%.


Iron Mountain  (NYSE:IRM) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Iron Mountain EBITDA Margin % Related Terms


Iron Mountain EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Iron Mountain's EBITDA Margin % 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 EBITDA Margin % Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.99 36.71 29.54 31.01 30.64

Iron Mountain Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 29.47 25.87 33.73 33.16 34.98

IRM vs CCI, SBAC, WY: EBITDA Margin % Comparison

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

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

* The bar in red indicates where Iron Mountain's EBITDA Margin % falls into.


IRM
85GF Score
Iron Mountain Inc IRM
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Iron Mountain's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2114.854/6901.737
=30.64 %

Iron Mountain's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=677.328/1936.149
=34.98 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 34.98% mean?
Iron Mountain (IRM) has a EBITDA Margin % of 34.98% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Iron Mountain and its competitors. This is near median its historical median of 32.27. Over the past decade, Iron Mountain's EBITDA Margin % has ranged from 26.12 to 38.99. According to the industry distribution chart, Iron Mountain ranks #610 out of 750 companies in the REITs industry, placing it in the top 81.3%.
Is Iron Mountain's EBITDA Margin % too high?
Iron Mountain's current EBITDA Margin % of 34.98% is near median its 10-year median of 32.27. Over the past 10 years, this metric has ranged from a low of 26.12 to a high of 38.99. The REITs industry median EBITDA Margin % is 69.61. Iron Mountain's value of 34.98% is 49.7% below this industry median. Based on the distribution chart, Iron Mountain ranks #610 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Iron Mountain has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's EBITDA Margin % compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #610 out of 750 companies for EBITDA Margin %. This places Iron Mountain in the lower half of its industry. The industry median EBITDA Margin % is 69.61. Iron Mountain's value of 34.98% is 49.7% below this benchmark. Historically, Iron Mountain's own EBITDA Margin % has ranged from 26.12 to 38.99 over the past decade. While the company's 10-year median is 32.27 vs. the industry median of 69.61, Iron Mountain has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current EBITDA Margin % of 34.98% is 49.7% below 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Iron Mountain and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current EBITDA Margin % is 34.98%, which is near median its own 10-year median of 32.27. 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 Modestly Overvalued. The stock's GF Value™ is $107.45, compared to a current price of $130.59 — trading 21.5% above its estimated fair value. The current EBITDA Margin % is 34.98%, which is near median its 10-year median of 32.27 and 49.7% below the REITs industry median of 69.61. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Iron Mountain (IRM), the current EBITDA Margin % is 34.98% 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 (IRM) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be overvalued. The current stock price of $130.59 is trading 21.5% above its estimated GF Value™ of $107.45. GuruFocus considers Iron Mountain to be Modestly Overvalued.

Key valuation signals for IRM:

  • EBITDA Margin %: 34.98% (near median its 10-year median of 32.27)
  • GF Value™: $107.45 vs. price of $130.59 (21.5% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 49.7% below the REITs median (#610 of 750)

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

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

$130.59
Price
$107.45
GF Value