Iron Mountain (MEX:IRM1) Shares Outstanding (Basic Average): 297 Mil (As of Mar. 2026)


MEX:IRM1 Iron Mountain Inc MEX:IRM1
85 GF Score
Price MXN1,964.06
GF Value MXN1,586.04
! 10 Warning Signs
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What is Iron Mountain Shares Outstanding (Basic Average)?

Iron Mountain MEX:IRM1 85 Shares Outstanding (Basic Average) is 297 Mil as of Mar. 2026. GuruFocus rates MEX:IRM1 with a GF Score™ of 85/100 and a GF Value™ of MXN1,586.04. The stock has 10 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Iron Mountain's average basic shares outstanding for the quarter that ended in Mar. 2026 was 297 Mil.


Iron Mountain  (MEX:IRM1) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Iron Mountain Shares Outstanding (Basic Average) Related Terms


Iron Mountain Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Iron Mountain's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Iron Mountain Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 289.46 290.81 293.37 293.37 295.40

Iron Mountain Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) 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 294.51 295.36 295.77 295.97 296.85
MEX:IRM1
85GF Score
Iron Mountain Inc MEX:IRM1
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Mountain Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 297 Mil mean?
Iron Mountain (MEX:IRM1) has a Shares Outstanding (Basic Average) of 297 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Iron Mountain and its competitors.
Is Iron Mountain's Shares Outstanding (Basic Average) too high?
Iron Mountain's current Shares Outstanding (Basic Average) is 297 Mil. 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 Shares Outstanding (Basic Average) compare to CCI and SBAC?
Iron Mountain's Shares Outstanding (Basic Average) of 297 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a REITs company?
A good Shares Outstanding (Basic Average) depends on the REITs industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Iron Mountain and its competitors. Iron Mountain's current Shares Outstanding (Basic Average) is 297 Mil. 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 Shares Outstanding (Basic Average) of 297 Mil. 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 Shares Outstanding (Basic Average) is 297 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Iron Mountain (MEX:IRM1), the current Shares Outstanding (Basic Average) is 297 Mil 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:

  • Shares Outstanding (Basic Average): 297 Mil
  • GF Value™: MXN1,586.04 vs. price of MXN1,964.06 (23.8% above fair value)
  • GF Score™: 85/100 with 10 warning signs

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 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 MEX:IRM1

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,964.06
Price
MXN1,586.04
GF Value