IRM (Iron Mountain) Quick Ratio: 0.77 (As of Mar. 2026) — Near 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 Quick Ratio?

Iron Mountain IRM -1.86% 85 Quick Ratio is 0.77 as of Mar. 2026, which is 4% below its 10-year median of 0.80. 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 761 REITs companies, Iron Mountain ranks worse than 54.66% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Iron Mountain's quick ratio for the quarter that ended in Mar. 2026 was 0.77.

Iron Mountain has a quick ratio of 0.77. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Iron Mountain's Quick Ratio or its related term are showing as below:

IRM' s Quick Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.8   Max: 1.47
Current: 0.77

During the past 13 years, Iron Mountain's highest Quick Ratio was 1.47. The lowest was 0.55. And the median was 0.80.

IRM's Quick Ratio is ranked worse than
54.66% of 761 companies
in the REITs industry
Industry Median: 0.87 vs IRM: 0.77

Iron Mountain  (NYSE:IRM) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Iron Mountain Quick Ratio Related Terms


Iron Mountain Quick Ratio Historical Data

* Premium members only.

The historical data trend for Iron Mountain's Quick Ratio 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 Quick Ratio Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.81 0.78 0.55 0.74

Iron Mountain Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.62 0.63 0.66 0.74 0.77

IRM vs CCI, SBAC, WY: Quick Ratio Comparison

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

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

* The bar in red indicates where Iron Mountain's Quick Ratio falls into.


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

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1934.983-0)/2619.496
=0.74

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2043.083-0)/2657.534
=0.77

* 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 Quick Ratio →
What does a Quick Ratio of 0.77 mean?
Iron Mountain (IRM) has a Quick Ratio of 0.77 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Iron Mountain and its competitors. This is near median its historical median of 0.80. Over the past decade, Iron Mountain's Quick Ratio has ranged from 0.55 to 1.47. According to the industry distribution chart, Iron Mountain ranks #416 out of 761 companies in the REITs industry, placing it in the top 54.7%.
Is Iron Mountain's Quick Ratio too high?
Iron Mountain's current Quick Ratio of 0.77 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.47. The REITs industry median Quick Ratio is 0.87. Iron Mountain's value of 0.77 is 11.5% below this industry median. Based on the distribution chart, Iron Mountain ranks #416 out of 761 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 Quick Ratio compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #416 out of 761 companies for Quick Ratio. This places Iron Mountain in the lower half of its industry. The industry median Quick Ratio is 0.87. Iron Mountain's value of 0.77 is 11.5% below this benchmark. Historically, Iron Mountain's own Quick Ratio has ranged from 0.55 to 1.47 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.87, 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current Quick Ratio of 0.77 is 11.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Iron Mountain and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current Quick Ratio is 0.77, which is near median its own 10-year median of 0.80. 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 Quick Ratio is 0.77, which is near median its 10-year median of 0.80 and 11.5% below the REITs industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Iron Mountain (IRM), the current Quick Ratio is 0.77 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:

  • Quick Ratio: 0.77 (near median its 10-year median of 0.80)
  • GF Value™: $107.45 vs. price of $130.59 (21.5% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 11.5% below the REITs median (#416 of 761)

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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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$130.59
Price
$107.45
GF Value