Extra Space Storage Inc. (EXR) vs Iron Mountain Incorporated (IRM)
EXR leads on 10 of 13 compared metrics.
A side-by-side comparison of Extra Space Storage Inc. and Iron Mountain Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
EXR
Extra Space Storage Inc.
$147.19Real Estate
IRM
Iron Mountain Incorporated
$132.44Real Estate
Total return — EXR vs IRM
growth of $100 · last 22yEXR +1089.4%IRM +539.2%EXR compounded faster
EXR IRM
EXR vs IRM: by the numbers
- •IRM is the larger company ($39.40B vs $31.42B market cap).
- •EXR trades at the lower earnings multiple (33.45 vs 145.54 P/E).
- •EXR converts more revenue to profit (27.82% vs 3.76% net margin).
- •EXR grew revenue faster over the past five years (19.26% vs 11.73% CAGR).
- •EXR pays the higher dividend yield (4.40% vs 2.61%).
Which is better, EXR or IRM?
Metric tally: EXR 10 · IRM 3It depends on what you're optimizing for:
ValueEXR(lower P/E)
GrowthEXR(faster 5Y revenue CAGR)
IncomeEXR(higher dividend yield)
QualityIRM(higher ROIC)
Metrics side by side
Valuation
| Metric | EXR | IRM |
|---|---|---|
| P/E ratio | 33.45● | 145.54 |
| Forward P/E | 30.31● | 50.93 |
| P/S ratio | 9.56 | 5.46● |
| P/B ratio | 2.43 | — |
| PEG ratio | 2.04 | — |
| EV / EBITDA | 21.12● | 25.33 |
Profitability
| Metric | EXR | IRM |
|---|---|---|
| Gross margin | 27.87%● | 25.69% |
| Operating margin | 43.25%● | 18.01% |
| Net margin | 27.82%● | 3.76% |
| ROE | 7.08%● | -14.74% |
| ROIC | 5.18% | 5.72%● |
Dividends
| Metric | EXR | IRM |
|---|---|---|
| Dividend yield | 4.40%● | 2.61% |
| Payout ratio | 141.18% | 705.31% |
Growth (annualized)
| Metric | EXR | IRM |
|---|---|---|
| Revenue CAGR (5Y) | 19.26%● | 11.73% |
| EPS CAGR (5Y) | 4.35%● | -16.26% |
| Total return CAGR (5Y) | 1.75% | 30.08%● |
Frequently asked
- Which is better, EXR or IRM?
- It depends on your goal. value: EXR (lower P/E); growth: EXR (faster 5Y revenue CAGR); income: EXR (higher dividend yield); quality: IRM (higher ROIC). Across all compared metrics, EXR leads 10 to 3.
- Is EXR or IRM cheaper?
- On trailing earnings, EXR is cheaper: EXR trades at a 33.45 P/E and IRM at 145.54.
- Which has grown faster, EXR or IRM?
- Over the past five years, EXR grew revenue faster — EXR at a 19.26% CAGR versus IRM at 11.73%.
- Does EXR or IRM pay a bigger dividend?
- EXR yields 4.40% and IRM yields 2.61% based on trailing dividends and the latest price.
- Is EXR or IRM more profitable?
- EXR runs the higher net margin — EXR at 27.82% versus IRM at 3.76%.
- Which has been the better investment, EXR or IRM?
- Over the past 10-year, IRM delivered the higher annualized total return — EXR at 9.58% versus IRM at 19.69%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Extra Space Storage P/E ratioIron Mountain P/E ratioExtra Space Storage dividend yieldIron Mountain dividend yieldExtra Space Storage ROEIron Mountain ROEExtra Space Storage operating marginIron Mountain operating marginExtra Space Storage revenue growthIron Mountain revenue growthExtra Space Storage free cash flowIron Mountain free cash flow
Extra Space Storage & 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 June 26, 2026.