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Iron MountainIRM +3.02%85 EV-to-EBITDA is 24.82 as of Jul. 26, 2026, which is 59% above its 10-year median of 15.59. GuruFocus rates IRM with a GF Score™ of 85/100 and a GF Value™ of $108.52 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 679 REITs companies, Iron Mountain ranks worse than 82.92% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Iron Mountain's enterprise value is $57,650 Mil.
Iron Mountain's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,323 Mil. Therefore, Iron Mountain's EV-to-EBITDA for today is 24.82.
The historical rank and industry rank for Iron Mountain's EV-to-EBITDA or its related term are showing as below:
IRM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.47 Med: 15.59 Max: 30.55
Current: 24.82
During the past 13 years, the highest EV-to-EBITDA of Iron Mountain was 30.55. The lowest was 11.47. And the median was 15.59.
IRM's EV-to-EBITDA is ranked worse than 82.92% of 679
companies
in the REITs industry
Industry Median: 15.48
vs IRM: 24.82
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Iron Mountain (NYSE:IRM) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Iron Mountain's PE Ratio (TTM) for today is calculated as:
Iron Mountain's share price for today is $128.31.
Iron Mountain's Earnings per Share (Diluted) 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 $0.910.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Iron Mountain's EV-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.
For the REIT - Specialty subindustry, Iron Mountain's EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Iron Mountain's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Iron Mountain's EV-to-EBITDA falls into.
Iron Mountain's current Enterprise Value is $57,650 Mil.
Iron Mountain's EBITDA 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 $2,323 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.
Iron Mountain (IRM) has a EV-to-EBITDA of 24.82 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Iron Mountain. This is 59% above median its historical median of 15.59. Over the past decade, Iron Mountain's EV-to-EBITDA has ranged from 11.47 to 30.55. According to the industry distribution chart, Iron Mountain ranks #563 out of 679 companies in the REITs industry, placing it in the top 82.9%.
Is Iron Mountain's EV-to-EBITDA too high?
Iron Mountain's current EV-to-EBITDA of 24.82 is 59% above median its 10-year median of 15.59. Over the past 10 years, this metric has ranged from a low of 11.47 to a high of 30.55. The REITs industry median EV-to-EBITDA is 15.48. Iron Mountain's value of 24.82 is 60.3% above this industry median. Based on the distribution chart, Iron Mountain ranks #563 out of 679 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 EV-to-EBITDA compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #563 out of 679 companies for EV-to-EBITDA. This places Iron Mountain in the lower half of its industry. The industry median EV-to-EBITDA is 15.48. Iron Mountain's value of 24.82 is 60.3% above this benchmark. Historically, Iron Mountain's own EV-to-EBITDA has ranged from 11.47 to 30.55 over the past decade. While the company's 10-year median is 15.59 vs. the industry median of 15.48, Iron Mountain has consistently been above 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 EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.48, based on 679 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current EV-to-EBITDA of 24.82 is 60.3% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Iron Mountain. For the REITs industry, the median EV-to-EBITDA is 15.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current EV-to-EBITDA is 24.82, which is 59% above median its own 10-year median of 15.59. 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 $108.52, compared to a current price of $128.31 — trading 18.2% above its estimated fair value. The current EV-to-EBITDA is 24.82, which is 59% above median its 10-year median of 15.59 and 60.3% above the REITs industry median of 15.48. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Iron Mountain (IRM), the current EV-to-EBITDA is 24.82 as of Jul. 26, 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 $128.31 is trading 18.2% above its estimated GF Value™ of $108.52.
GuruFocus considers Iron Mountain to be Modestly Overvalued.
Key valuation signals for IRM:
EV-to-EBITDA: 24.82 (59% above median its 10-year median of 15.59)
GF Value™: $108.52 vs. price of $128.31 (18.2% above fair value)
Industry Position: 60.3% above the REITs median (#563 of 679)
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 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
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