Essex Property Trust, Inc. (ESS) vs Iron Mountain Incorporated (IRM)
ESS leads on 10 of 13 compared metrics.
A side-by-side comparison of Essex Property Trust, Inc. and Iron Mountain Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ESS
Essex Property Trust, Inc.
$293.83Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
IRM
Iron Mountain Incorporated
$124.23Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — ESS vs IRM
growth of $100 · dividends reinvested · last 30yESS +4363.5%IRM +4050.0%ESS compounded faster
ESS IRM
ESS vs IRM: by the numbers
- •IRM is the larger company ($36.96B vs $18.88B market cap).
- •ESS trades at the lower earnings multiple (33.01 vs 136.07 P/E).
- •ESS converts more revenue to profit (30.17% vs 3.76% net margin).
- •IRM grew revenue faster over the past five years (11.73% vs 5.52% CAGR).
- •ESS pays the higher dividend yield (3.51% vs 2.73%).
Which is better, ESS or IRM?
Metric tally: ESS 10 · IRM 3It depends on what you're optimizing for:
ValueESS(lower P/E)
GrowthIRM(faster 5Y revenue CAGR)
IncomeESS(higher dividend yield)
QualityESS(higher ROIC)
Metrics side by side
Valuation
| Metric | ESS | IRM |
|---|---|---|
| P/E ratio | 33.01● | 136.07 |
| Forward P/E | 49.51● | 52.17 |
| P/S ratio | 9.93 | 5.11● |
| P/B ratio | 3.48 | — |
| PEG ratio | 8.97 | — |
| EV / EBITDA | 19.17● | 24.22 |
Profitability
| Metric | ESS | IRM |
|---|---|---|
| Gross margin | 69.44%● | 25.69% |
| Operating margin | 38.38%● | 18.01% |
| Net margin | 30.17%● | 3.76% |
| ROE | 10.59%● | -14.74% |
| ROIC | 5.98%● | 5.72% |
Dividends
| Metric | ESS | IRM |
|---|---|---|
| Dividend yield | 3.51%● | 2.73% |
| Payout ratio | 99.14% | 689.18% |
Growth (annualized)
| Metric | ESS | IRM |
|---|---|---|
| Revenue CAGR (5Y) | 5.52% | 11.73%● |
| EPS CAGR (5Y) | 3.68%● | -16.26% |
| Total return CAGR (5Y) | 1.25% | 28.03%● |
Frequently asked
- Which is better, ESS or IRM?
- It depends on your goal. value: ESS (lower P/E); growth: IRM (faster 5Y revenue CAGR); income: ESS (higher dividend yield); quality: ESS (higher ROIC). Across all compared metrics, ESS leads 10 to 3.
- Is ESS or IRM cheaper?
- On trailing earnings, ESS is cheaper: ESS trades at a 33.01 P/E and IRM at 136.07.
- Which has grown faster, ESS or IRM?
- Over the past five years, IRM grew revenue faster — ESS at a 5.52% CAGR versus IRM at 11.73%.
- Does ESS or IRM pay a bigger dividend?
- ESS yields 3.51% and IRM yields 2.73% based on trailing dividends and the latest price.
- Is ESS or IRM more profitable?
- ESS runs the higher net margin — ESS at 30.17% versus IRM at 3.76%.
- Which has been the better investment, ESS or IRM?
- Over the past 10-year, IRM delivered the higher annualized total return — ESS at 6.10% versus IRM at 18.17%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Essex Property Trust P/E ratioIron Mountain P/E ratioEssex Property Trust dividend yieldIron Mountain dividend yieldEssex Property Trust ROEIron Mountain ROEEssex Property Trust operating marginIron Mountain operating marginEssex Property Trust revenue growthIron Mountain revenue growthEssex Property Trust free cash flowIron Mountain free cash flow
Essex Property Trust & Iron Mountain appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 20, 2026.