Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Iron Mountain's Enterprise Value is $58,328 Mil.
Iron Mountain's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,230 Mil. Therefore, Iron Mountain's EV-to-EBIT ratio for today is 47.43.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Iron Mountain's Enterprise Value is $58,328 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 ratio for today is 25.11.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Iron Mountain's Enterprise Value is $58,328 Mil.
Iron Mountain's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $7,245 Mil. Therefore, Iron Mountain's EV-to-Revenue ratio for today is 8.05.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Iron Mountain's Enterprise Value is $58,328 Mil.
Iron Mountain's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-703 Mil. Therefore, Iron Mountain's EV-to-FCF ratio for today is -82.92.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Iron Mountain (NYSE:IRM) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Iron Mountain's current Enterprise Value is $58,328 Mil.
Iron Mountain's 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 $1,230 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Iron Mountain's current Enterprise Value is $58,328 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.
Iron Mountain's current Enterprise Value is $58,328 Mil.
Iron Mountain's Revenue 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 $7,245 Mil.
Iron Mountain's current Enterprise Value is $58,328 Mil.
Iron Mountain's Cash Flow from Operations 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 $1,481 Mil.
Iron Mountain's current Enterprise Value is $58,328 Mil.
Iron Mountain's Free Cash Flow 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 $-703 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 Enterprise Value Related Terms
Iron Mountain Enterprise Value Historical Data
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The historical data trend for Iron Mountain's Enterprise Value 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 Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Iron Mountain's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Iron Mountain's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Iron Mountain's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Enterprise Value of $58,328 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Iron Mountain and its competitors.
Is Iron Mountain's Enterprise Value too high?
Iron Mountain's current Enterprise Value is $58,328 Mil. 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 Enterprise Value compare to CCI and SBAC?
Iron Mountain's Enterprise Value of $58,328 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 Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Iron Mountain and its competitors. Iron Mountain's current Enterprise Value is $58,328 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?
Based on GuruFocus' analysis, Iron Mountain (IRM) is currently considered Modestly Overvalued. The stock's GF Value™ is $107.49, compared to a current price of $130.59 — trading 21.5% above its estimated fair value. The current Enterprise Value is $58,328 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Iron Mountain (IRM), the current Enterprise Value is $58,328 Mil as of Jun. 25, 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 $107.49.
GuruFocus considers Iron Mountain to be Modestly Overvalued.
Key valuation signals for IRM:
Enterprise Value: $58,328 Mil
GF Value™: $107.49 vs. price of $130.59 (21.5% above fair value)
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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