Net margin is calculated as Net Income divided by its Revenue. Iron Mountain's Net Income for the
three
months ended in Mar. 2026 was MXN2,591 Mil. Iron Mountain's Revenue for the
three
months ended in Mar. 2026 was MXN34,914 Mil. Therefore, Iron Mountain's net margin for the quarter that ended in Mar. 2026 was 7.42%.
The historical rank and industry rank for Iron Mountain's Net Margin % or its related term are showing as below:
MEX:IRM1'
s Net Margin % Range Over the Past 10 Years
Min: 2.09 Med: 5.35 Max: 10.91
Current: 3.76
MEX:IRM1's Net Margin % is ranked worse than 80.28% of 928
companies
in the REITs industry
Industry Median: 45.23
vs MEX:IRM1: 3.76
Iron Mountain (MEX:IRM1) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Iron Mountain Net Margin % Related Terms
Iron Mountain Net Margin % Historical Data
* Premium members only.
The historical data trend for Iron Mountain's Net 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.
MEX:IRM1 vs CCI, SBAC, WY: Net Margin % Comparison
For the REIT - Specialty subindustry, Iron Mountain's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Iron Mountain's Net Margin % distribution charts can be found below:
* The bar in red indicates where Iron Mountain's Net Margin % falls into.
* 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 (MEX:IRM1) has a Net Margin % of 7.42% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Iron Mountain and its competitors. This is 39% above median its historical median of 5.35. Over the past decade, Iron Mountain's Net Margin % has ranged from 2.09 to 10.91. According to the industry distribution chart, Iron Mountain ranks #745 out of 928 companies in the REITs industry, placing it in the top 80.3%.
Is Iron Mountain's Net Margin % too high?
Iron Mountain's current Net Margin % of 7.42% is 39% above median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 10.91. The REITs industry median Net Margin % is 45.23. Iron Mountain's value of 7.42% is 83.6% below this industry median. Based on the distribution chart, Iron Mountain ranks #745 out of 928 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Iron Mountain has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's Net Margin % compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #745 out of 928 companies for Net Margin %. This places Iron Mountain in the lower half of its industry. The industry median Net Margin % is 45.23. Iron Mountain's value of 7.42% is 83.6% below this benchmark. Historically, Iron Mountain's own Net Margin % has ranged from 2.09 to 10.91 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 45.23, 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current Net Margin % of 7.42% is 83.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Iron Mountain and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current Net Margin % is 7.42%, which is 39% above median its own 10-year median of 5.35. 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?
Iron Mountain (MEX:IRM1) has a current Net Margin % of 7.42%. The stock's GF Value™ is MXN1,586.04, compared to a current price of MXN1,964.06 — trading 23.8% above its estimated fair value. The current Net Margin % is 7.42%, which is 39% above median its 10-year median of 5.35 and 83.6% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Iron Mountain (MEX:IRM1), the current Net Margin % is 7.42% 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 (MEX:IRM1) Overvalued in 2026?
Based on GuruFocus' analysis, Iron Mountain stock appears to be overvalued.
The current stock price of MXN1,964.06 is trading 23.8% above its estimated GF Value™ of MXN1,586.04.
Key valuation signals for MEX:IRM1:
Net Margin %: 7.42% (39% above median its 10-year median of 5.35)
GF Value™: MXN1,586.04 vs. price of MXN1,964.06 (23.8% above fair value)
Industry Position: 83.6% below the REITs median (#745 of 928)
No single metric tells the full story. See the MEX:IRM1 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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