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Iron MountainIRM -4.07%83 EV-to-OCF is 33.85 as of Aug. 06, 2026, which is 21% above its 10-year median of 28.03. GuruFocus rates IRM with a GF Score™ of 83/100 and a GF Value™ of $108.89 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 926 REITs companies, Iron Mountain ranks worse than 84.13% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Iron Mountain's Enterprise Value is $56,037 Mil.
Iron Mountain's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,655 Mil. Therefore, Iron Mountain's EV-to-OCF for today is 33.85.
The historical rank and industry rank for Iron Mountain's EV-to-OCF or its related term are showing as below:
IRM'
s EV-to-OCF Range Over the Past 10 Years
Min: 17.24 Med: 28.03 Max: 44.03
Current: 33.85
During the past 13 years, the highest EV-to-OCF of Iron Mountain was 44.03. The lowest was 17.24. And the median was 28.03.
IRM's EV-to-OCF is ranked worse than 84.13% of 926
companies
in the REITs industry
Industry Median: 18.465
vs IRM: 33.85
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $121.96.
Iron Mountain's 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 $1.400.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Iron Mountain EV-to-OCF Related Terms
Iron Mountain EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Iron Mountain's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Iron Mountain's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Iron Mountain's EV-to-OCF falls into.
Iron Mountain's current Enterprise Value is $56,037 Mil.
Iron Mountain's Cash Flow from Operations 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 $1,655 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-OCF of 33.85 as of Aug. 06, 2026. This is 21% above median its historical median of 28.03. Over the past decade, Iron Mountain's EV-to-OCF has ranged from 17.24 to 44.03. According to the industry distribution chart, Iron Mountain ranks #779 out of 926 companies in the REITs industry, placing it in the top 84.1%.
Is Iron Mountain's EV-to-OCF too high?
Iron Mountain's current EV-to-OCF of 33.85 is 21% above median its 10-year median of 28.03. Over the past 10 years, this metric has ranged from a low of 17.24 to a high of 44.03. The REITs industry median EV-to-OCF is 18.47. Iron Mountain's value of 33.85 is 83.3% above this industry median. Based on the distribution chart, Iron Mountain ranks #779 out of 926 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Iron Mountain has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's EV-to-OCF compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #779 out of 926 companies for EV-to-OCF. This places Iron Mountain in the lower half of its industry. The industry median EV-to-OCF is 18.47. Iron Mountain's value of 33.85 is 83.3% above this benchmark. Historically, Iron Mountain's own EV-to-OCF has ranged from 17.24 to 44.03 over the past decade. While the company's 10-year median is 28.03 vs. the industry median of 18.47, 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-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 18.47, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current EV-to-OCF of 33.85 is 83.3% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 18.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current EV-to-OCF is 33.85, which is 21% above median its own 10-year median of 28.03. 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 $108.89, compared to a current price of $121.96 — trading 12% above its estimated fair value. The current EV-to-OCF is 33.85, which is 21% above median its 10-year median of 28.03 and 83.3% above the REITs industry median of 18.47. Iron Mountain's overall GF Score™ is 83/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Iron Mountain (IRM), the current EV-to-OCF is 33.85 as of Aug. 06, 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 $121.96 is trading 12% above its estimated GF Value™ of $108.89.
GuruFocus considers Iron Mountain to be Modestly Overvalued.
Key valuation signals for IRM:
EV-to-OCF: 33.85 (21% above median its 10-year median of 28.03)
GF Value™: $108.89 vs. price of $121.96 (12% above fair value)
Industry Position: 83.3% above the REITs median (#779 of 926)
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.
83GF Score
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