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 for today is -82.92.
The historical rank and industry rank for Iron Mountain's EV-to-FCF or its related term are showing as below:
IRM'
s EV-to-FCF Range Over the Past 10 Years
Min: -260.94 Med: 54.9 Max: 2129.83
Current: -82.92
During the past 13 years, the highest EV-to-FCF of Iron Mountain was 2129.83. The lowest was -260.94. And the median was 54.90.
IRM's EV-to-FCF is ranked worse than 100% of 740
companies
in the REITs industry
Industry Median: 23.095
vs IRM: -82.92
EV-to-FCF 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-FCF 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 $130.59.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Iron Mountain EV-to-FCF Related Terms
Iron Mountain EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Iron Mountain's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Iron Mountain's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Iron Mountain's EV-to-FCF falls into.
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 (IRM) has a EV-to-FCF of -82.92 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Iron Mountain and its competitors. According to the industry distribution chart, Iron Mountain ranks #999999 out of 740 companies in the REITs industry.
Is Iron Mountain's EV-to-FCF too high?
Iron Mountain's current EV-to-FCF is -82.92. Based on the distribution chart, Iron Mountain ranks #999999 out of 740 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-FCF compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #999999 out of 740 companies for EV-to-FCF. This places Iron Mountain in the lower half of its industry. The industry median EV-to-FCF is 23.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 23.10, based on 740 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Iron Mountain and its competitors. For the REITs industry, the median EV-to-FCF is 23.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current EV-to-FCF is -82.92. 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 EV-to-FCF is -82.92. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Iron Mountain (IRM), the current EV-to-FCF is -82.92 as of Jun. 24, 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:
EV-to-FCF: -82.92
GF Value™: $107.45 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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