IRM (Iron Mountain) OCF Margin %: 17.49% (As of Mar. 2026) — 10% Below Median


IRM Iron Mountain Inc IRM
85 GF Score
Price $130.59
GF Value $107.45
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Iron Mountain OCF Margin %?

Iron Mountain IRM -1.86% 85 OCF Margin % is 17.49% as of Mar. 2026, which is 10% below its 10-year median of 19.44. GuruFocus rates IRM with a GF Score™ of 85/100 and a GF Value™ of $107.45 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 936 REITs companies, Iron Mountain ranks worse than 73.5% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Iron Mountain's Cash Flow from Operations for the three months ended in Mar. 2026 was $339 Mil. Iron Mountain's Revenue for the three months ended in Mar. 2026 was $1,936 Mil. Therefore, Iron Mountain's OCF Margin % for the quarter that ended in Mar. 2026 was 17.49%.

As of today, Iron Mountain's current OCF Yield % is 3.81%.

The historical rank and industry rank for Iron Mountain's OCF Margin % or its related term are showing as below:

IRM' s OCF Margin % Range Over the Past 10 Years
Min: 15.49   Med: 19.44   Max: 23.81
Current: 20.44


During the past 13 years, the highest OCF Margin % of Iron Mountain was 23.81%. The lowest was 15.49%. And the median was 19.44%.

IRM's OCF Margin % is ranked worse than
73.5% of 936 companies
in the REITs industry
Industry Median: 49.395 vs IRM: 20.44


Iron Mountain OCF Margin % Related Terms


Iron Mountain OCF Margin % Historical Data

* Premium members only.

The historical data trend for Iron Mountain's OCF 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.

Iron Mountain OCF Margin % Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.90 18.18 20.32 19.46 19.42

Iron Mountain Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.39 21.91 15.25 27.13 17.49

IRM vs CCI, SBAC, WY: OCF Margin % Comparison

For the REIT - Specialty subindustry, Iron Mountain's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Iron Mountain's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Iron Mountain's OCF Margin % falls into.


IRM
85GF Score
Iron Mountain Inc IRM
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Iron Mountain's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1339.999/6901.737
=19.42 %

Iron Mountain's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=338.55/1936.149
=17.49 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 17.49% mean?
Iron Mountain (IRM) has a OCF Margin % of 17.49% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Iron Mountain and its competitors. This is 10% below median its historical median of 19.44. Over the past decade, Iron Mountain's OCF Margin % has ranged from 15.49 to 23.81. According to the industry distribution chart, Iron Mountain ranks #688 out of 936 companies in the REITs industry, placing it in the top 73.5%.
Is Iron Mountain's OCF Margin % too high?
Iron Mountain's current OCF Margin % of 17.49% is 10% below median its 10-year median of 19.44. Over the past 10 years, this metric has ranged from a low of 15.49 to a high of 23.81. The REITs industry median OCF Margin % is 49.40. Iron Mountain's value of 17.49% is 64.6% below this industry median. Based on the distribution chart, Iron Mountain ranks #688 out of 936 companies in the REITs industry, which is below the industry midpoint. 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 OCF Margin % compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #688 out of 936 companies for OCF Margin %. This places Iron Mountain in the lower half of its industry. The industry median OCF Margin % is 49.40. Iron Mountain's value of 17.49% is 64.6% below this benchmark. Historically, Iron Mountain's own OCF Margin % has ranged from 15.49 to 23.81 over the past decade. While the company's 10-year median is 19.44 vs. the industry median of 49.40, 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.40, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current OCF Margin % of 17.49% is 64.6% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Iron Mountain and its competitors. For the REITs industry, the median OCF Margin % is 49.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current OCF Margin % is 17.49%, which is 10% below median its own 10-year median of 19.44. 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 OCF Margin % is 17.49%, which is 10% below median its 10-year median of 19.44 and 64.6% below the REITs industry median of 49.40. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Iron Mountain (IRM), the current OCF Margin % is 17.49% 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 (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:

  • OCF Margin %: 17.49% (10% below median its 10-year median of 19.44)
  • GF Value™: $107.45 vs. price of $130.59 (21.5% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 64.6% below the REITs median (#688 of 936)

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 Business Description

Industry Real EstateREITs
Address 85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
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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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$130.59
Price
$107.45
GF Value