Iron Mountain Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 17.55
Dividend & Yield2.47$ (4.71%)
Beta 0.94
Market capitalization 15.89B
Operating cash flow 927.69M
ESG Scores 14.7

Company description

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.

Sector: Real Estate - Industry: REIT—Specialty

Financial Ratios
Quick Ratio0.71
Working Capital-0.78
Return On Equity0.53
Debt To Equity10.1
Fixed Asset Ratio0.1
Fixed Interest Cover2.12

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities -730.88M -85.44M -473.31M -1.66B
Net Borrowings 512.2M -142.49M 545.54M 1.36B
Total Cash From Financing Activities -198.97M -886.7M -220.81M 639.21M
Change To Operating Activities 8.76M 134.35M -131.67M -252.44M
Issuance Of Stock 1.03M 321k 25.86M -4.85M
Net Income 267.38M 342.69M 450.22M 556.98M
Change In Cash 28.07M 11.51M 50.77M -114.03M
Effect Of Exchange Rate -8.73M -4.01M -14.02M -20.51M
Total Cash From Operating Activities 966.65M 987.66M 758.9M 927.7M
Depreciation 642.65M 624.6M 641M 676.99M
Change To Account Receivables
Other Cashflows From Financing Activities -7.68M -28.24M -73.87M 12.13M
Change To Netincome 1.88M -168.71M -265.47M -130.61M
Capital Expenditures -692.98M -438.26M -611.08M -875.38M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 328.14M 372.7M 629.01M 631.64M
Net Income 267.38M 342.69M 450.22M 556.98M
Selling General Administrative 991.66M 947.58M 1.02B 1.14B
Gross Profit 2.43B 2.4B 2.6B 2.91B
Ebit 779.4M 797.93M 901.32M 1.05B
Operating Income 779.4M 797.93M 901.32M 1.05B
Interest Expense -425.86M -426.85M -425.3M -496.29M
Income Tax Expense 59.93M 29.61M 176.29M 69.49M
Total Revenue 4.26B 4.15B 4.49B 5.1B
Cost Of Revenue 1.83B 1.75B 1.89B 2.19B
Total Other Income ExpenseNet -451.26M -425.22M -272.31M -414.64M
Net Income From Continuing Ops 268.21M 343.1M 452.73M 562.15M
Net Income Applicable To Common Shares 267.38M 342.69M 450.22M 556.98M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 12.28B 12.95B 13.52B 15.41B
Total Stockholder Equity 1.46B 1.14B 855.95M 636.67M
Other Current Liabilities 460.06M 1.06B 519.83M 943.81M
Total Assets 13.82B 14.15B 14.45B 16.14B
Common Stock 2.87M 2.88M 2.9M 2.91M
Other Current Assets 192.08M 205.38M 224.02M 230.43M
Retained Earnings
Treasury Stock -2.84B -3.21B -3.56B -3.83B
Cash 193.56M 205.06M 255.83M 141.8M
Total Current Liabilities 1.95B 2B 2.02B 1.92B
Other Stockholder Equity -2.84B -3.21B -3.56B -3.83B
Property, Plant, and Equipment 6.49B 6.7B 6.98B 7.7B
Total Current Assets 1.24B 1.27B 1.44B 1.55B
Net Tangible Assets -4.41B -4.75B -4.79B -5.67B
Net Receivables 850.7M 859.34M 961.42M 1.17B
Accounts Payable 324.71M 359.86M 369.14M 469.2M


Insider Transactions

Here are the insider transactions of stock shares related to Iron Mountain Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
TOMOVCSIK JOHND2023-03-01Chief Operating Officer12.65k
HYTINEN BARRY AD2023-03-01Chief Financial Officer15.93k
KIDD MARKD2023-03-01Officer7.88k
MEANEY WILLIAM LSale at price 52.78 per share.D2023-02-27Chief Executive Officer62.9k
MARSON DEBORAHSale at price 51.77 per share.D2023-02-24General Counsel1.12k
MEANEY WILLIAM LD2023-02-23Chief Executive Officer207.43k
TOMOVCSIK JOHND2023-02-23Chief Operating Officer24.05k
HYTINEN BARRY AD2023-02-23Chief Financial Officer40.88k
MARSON DEBORAHD2023-02-23General Counsel18.04k
BORGES DANIELD2023-02-23Officer2.88k
KIDD MARKD2023-02-23Officer22.85k
MCINTOSH GREG WD2023-02-23Officer9.62k
MEANEY WILLIAM LD2023-02-21Chief Executive Officer25.52k
TOMOVCSIK JOHND2023-02-21Chief Operating Officer4.44k
HYTINEN BARRY AD2023-02-21Chief Financial Officer7.54k
MARSON DEBORAHD2023-02-21General Counsel3.33k
BORGES DANIELD2023-02-21Officer533
KIDD MARKD2023-02-21Officer4.22k
MCINTOSH GREG WD2023-02-21Officer1.77k
MEANEY WILLIAM LSale at price 50.58 - 51.76 per share.D2023-01-12Chief Executive Officer21.01k
MEANEY WILLIAM LConversion of Exercise of derivative security at price 31.00 per share.D2023-01-12Chief Executive Officer21.01k
MARSON DEBORAHSale at price 50.58 per share.D2023-01-11General Counsel1.12k
BAKER-GREENE EDWARDD2023-01-04Officer8.72k
HYTINEN BARRY AD2023-01-03Chief Financial Officer32.88k
MATLOCK ROBIND2023-01-03Director885
MEANEY WILLIAM LSale at price 49.77 - 50.63 per share.D2022-12-21Chief Executive Officer21.01k
MEANEY WILLIAM LConversion of Exercise of derivative security at price 31.00 per share.D2022-12-21Chief Executive Officer21.01k
DAUTEN KENT PStock Gift at price 0.00 per share.D2022-12-15Director23.72k
MARSON DEBORAHSale at price 55.15 per share.D2022-12-14General Counsel1.12k
MEANEY WILLIAM LSale at price 52.06 - 52.50 per share.D2022-11-15Chief Executive Officer21.01k
MEANEY WILLIAM LConversion of Exercise of derivative security at price 31.00 per share.D2022-11-15Chief Executive Officer21.01k
MARSON DEBORAHSale at price 50.18 per share.D2022-11-09General Counsel1.12k
MARSON DEBORAHSale at price 47.50 per share.D2022-10-18General Counsel1.12k
MEANEY WILLIAM LSale at price 46.73 per share.D2022-10-05Chief Executive Officer10.51k
MEANEY WILLIAM LConversion of Exercise of derivative security at price 31.00 per share.D2022-10-05Chief Executive Officer10.51k
MEANEY WILLIAM LSale at price 46.20 per share.D2022-10-04Chief Executive Officer10.51k
MEANEY WILLIAM LConversion of Exercise of derivative security at price 31.00 per share.D2022-10-04Chief Executive Officer10.51k
MARSON DEBORAHSale at price 53.82 per share.D2022-09-14General Counsel1.12k
MARSON DEBORAHSale at price 54.00 per share.D2022-08-10General Counsel1.12k
MCINTOSH GREG WSale at price 52.95 per share.D2022-08-08Officer5.8k
MARSON DEBORAHSale at price 47.50 per share.D2022-07-13General Counsel1.12k
MARSON DEBORAHSale at price 50.00 per share.D2022-06-13General Counsel1.12k
RAKOWICH WALTER C.Sale at price 53.60 per share.D2022-05-17Director1.32k
DAUTEN KENT PStock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
RAKOWICH WALTER C.Stock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
FORD MONTE ERICStock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
MURDOCK WENDY JStock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
ARWAY PAMELA M.Stock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
ALLERTON JENNIFERStock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
MATLOCK ROBINStock Award(Grant) at price 51.50 per share.D2022-05-10Director3.3k
TOMOVCSIK JOHNSale at price 56.11 per share.D2022-04-14Chief Operating Officer6.22k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Iron Mountain Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Iron Mountain Inc

Here is the result of two systematic investment strategies applied to Iron Mountain Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Iron Mountain Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Iron Mountain Inc:

Iron Mountain Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 37.12% on the backtest period.

Performance at glance

Performance

37.12 %

Latent gain

838.9 $

Invested capital

2260.0 $

Annualized return

8.97 %
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Momentum strategy results on Iron Mountain Inc

This is the result of two momentum investment strategies applied to Iron Mountain Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Iron Mountain Inc

The following chart shows all the entries opened by the momentum investment system on Iron Mountain Inc:

Iron Mountain Inc momentum entries
  • The first momentum investment strategy would give 38.36% of return on Iron Mountain Inc. That represents 2332.06$ of latent gain with 6079.24$ of employed capital.
  • The second momentum investment strategy would give 45.39% of return on Iron Mountain Inc. That represents 1796.7$ of latent gain with 3958.4$ of employed capital.
Performance at glance (1Q Momentum)

Performance

38.36 %

Latent gain

2332.06 $

Invested capital

6079.24 $

Annualized return

20.29 %
Performance at glance (2Q Momentum)

Performance

45.39 %

Latent gain

1796.7 $

Invested capital

3958.4 $

Annualized return

12.4 %

Momentum equity curve on Iron Mountain Inc

The following chart shows the equity curve of the two momentum strategies applied to Iron Mountain Inc:

Iron Mountain Inc momentum equity

Note: the dividends potentially given by Iron Mountain Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Iron Mountain Inc

The following chart shows the employed capital evolution of the two momentum strategies on Iron Mountain Inc since the beginning:

Iron Mountain Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Iron Mountain Inc

Buy the dip entry openings on Iron Mountain Inc

Iron Mountain Inc

The performance achieved by the robo-advisor on Iron Mountain Inc is 43.41%. That represents 428.8$ of latent gain with 987.84$ of employed capital. The following chart shows Iron Mountain Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Iron Mountain Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

43.41 %

Latent gain

428.8 $

Invested capital

987.84 $

Annualized return

20.29 %

Equity curve of the strategy applied to Iron Mountain Inc

The following chart shows the result of the investment strategy applied to Iron Mountain Inc:

Iron Mountain Inc

Note: the dividends potentially given by Iron Mountain Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Iron Mountain Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Iron Mountain Inc:

Iron Mountain Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Iron Mountain Inc

In this section, I will compare the three previous investment strategies applied to Iron Mountain Inc.

Equity curve comparison on Iron Mountain Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Iron Mountain Inc investment strategy comparison

Employed capital comparison on Iron Mountain Inc

Iron Mountain Inc investment comparison

Performance comparison on Iron Mountain Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 37.12% 838.9$ 2260.0$ 8.97%
Momentum 1 quarter 38.36% 2332.06$ 6079.24$ 9.84%
Momentum 2 quarters 45.39% 1796.7$ 3958.4$ 12.4%
Non-directional 43.41% 428.8$ 987.84$ 20.29%
Annualized return comparison

Automatic investment

8.97 %

Momentum 1Q

12.4 %

Momentum 2Q

12.4 %

Non-directional

20.29 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Iron Mountain Inc:


Company information

Company name Iron Mountain Inc
Country United States
City Boston
Address One Federal Street
Phone 617-535-4766
Website www.ironmountain.com
FullTime employees 26000
Industry REIT—Specialty
Sector Real Estate
Exchange XNYS
Ticker IRM
Market www.nyse.com

Iron Mountain Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 5.0
Peer Environment Performance 3.6408791208791
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 3.7
Peer Social Performance 4.1831868131868
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 0.57446808510638
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Society & Community Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 6.0
Peer Governance Performance 6.0951648351648
Governance Percentile unknown

ESG at glance
Total ESG Scores: 14.7
Environment Score: 5.0
Social Score: 3.7
Governance Score: 6.0

ESG Performance: UNDER_PERF

Peer Group: Real Estate

Peer Esg Score Performance: 13.967127659574

Rating Year: 2023

Rating Month: 1

Max Age: 86400

Percentile: 10