IRM Stock Analysis — Iron Mountain
Sector: Data Infrastructure
AI Verdict
At 50.8x next year's earnings, you're paying up for a digital infrastructure narrative that only holds if Iron Mountain's sticky customer base delivers on the promised 169.7% EPS surge.
Competitive Moat
Iron Mountain operates a global network of secure physical storage facilities and data centers, serving as a long-term custodian for critical business information. Its defensibility comes from high switching costs and regulatory complexity for clients in legal, healthcare, and financial sectors, making it difficult for competitors to displace entrenched contracts.
Summary
Iron Mountain is notable for its transformation from physical records storage to high-security data centers, capturing digital infrastructure demand.
Where It Stands
The stock is up 21.96% over the past year, trades at 50.8x next year's earnings (well above the 20x industrials median), and sits at an RSI of 51.6, signaling a neutral momentum.
Key Metrics
- RSI: 51.6 — Neutral
- Trailing P/E: 136.9x
- Forward P/E: 50.8x
- PEG Ratio: 0.79
- Earnings Growth: +1.7%
- Revenue Growth: +0.2%
- Market Cap: $37.1B
- Dividend Yield: 0.03%
- 1-Year Return: 21.96%
- 52-Week High: $134.09
- 52-Week Low: $77.77
Analyst Consensus
14 Buy · 1 Hold · 1 Sell (16 analysts)
Bull Case
Forward EPS growth is projected at a massive 169.7%, which makes the 50.8x forward P/E look much more reasonable if those earnings materialize.
Bear Case
If the forward P/E compresses to the sector median of 20x, the stock would face a 60%+ valuation hit unless earnings growth is flawless.
Catalyst to Watch
Watch for quarterly earnings to confirm that triple-digit EPS growth is actually coming through — any miss could trigger a sharp rerating.