IRM (Iron Mountain) ROCE %: 8.60% (As of Mar. 2026)


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 ROCE %?

Iron Mountain IRM -1.86% 85 ROCE % is 8.60% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Iron Mountain's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.60%.

Iron Mountain  (NYSE:IRM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Iron Mountain ROCE % Related Terms

Iron Mountain ROCE % Historical Data

* Premium members only.

The historical data trend for Iron Mountain's ROCE % 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 ROCE % Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.58 8.46 5.60 6.35 6.20

Iron Mountain Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 5.70 4.33 7.34 7.17 8.60
IRM
85GF Score
Iron Mountain Inc IRM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain ROCE % Calculation

Iron Mountain's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1057.65/( ( (18717.115 - 3087.275) + (21125.019 - 2619.496) )/ 2 )
=1057.65/( (15629.84+18505.523)/ 2 )
=1057.65/17067.6815
=6.20 %

Iron Mountain's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1605.764/( ( (21125.019 - 2619.496) + (21486.815 - 2657.534) )/ 2 )
=1605.764/( ( 18505.523 + 18829.281 )/ 2 )
=1605.764/18667.402
=8.60 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 8.60% mean?
Iron Mountain (IRM) has a ROCE % of 8.60% as of Mar. 2026.
Is Iron Mountain's ROCE % too high?
Iron Mountain's current ROCE % is 8.60%. The REITs industry median ROCE % is 5.21. Iron Mountain's value of 8.60% is 65.1% above this industry median. 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 ROCE % compare to CCI and SBAC?
Iron Mountain's ROCE % of 8.60% can be compared against companies in the REITs industry. The industry median ROCE % is 5.21. Iron Mountain's value of 8.60% is 65.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.21, based on 757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iron Mountain's current ROCE % of 8.60% is 65.1% above 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current ROCE % is 8.60%. 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 ROCE % is 8.60% and 65.1% above the REITs industry median of 5.21. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Iron Mountain (IRM), the current ROCE % is 8.60% 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:

  • ROCE %: 8.60%
  • GF Value™: $107.45 vs. price of $130.59 (21.5% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 65.1% above the REITs median

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

Get the complete analysis for IRM

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

$130.59
Price
$107.45
GF Value