Iron Mountain Incorporated logo
IRMIron Mountain Incorporated

Enterprise Value (EV): $55.68B

The enterprise value (EV) is $55.68B as of Saturday, June 27, 2026.

IRM Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$55.68B

IRM Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Iron Mountain Incorporated (IRM)$39.40B$55.68B
Crown Castle Inc. (CCI)vs ›$36.06B$60.69B
Ventas, Inc. (VTR)vs ›$43.29B$55.84B
Extra Space Storage Inc. (EXR)vs ›$31.52B$45.32B
VICI Properties Inc. (VICI)vs ›$29.29B$46.52B
AvalonBay Communities, Inc. (AVB)vs ›$26.97B$36.21B
Equity Residential (EQR)vs ›$25.62B$34.23B
Public Storage (PSA)vs ›$56.96B$66.53B
Realty Income Corporation (O)vs ›$58.86B$88.66B
SBA Communications Corporation (SBAC)vs ›$19.49B$34.58B

Enterprise Value Calculation

Market Cap

$39.40B

+

Total Debt

$16.43B

Cash

$158.53M

=

Enterprise Value

$55.68B

EV-Based Valuation Multiples

EV/FCF

Not meaningful

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Iron Mountain Incorporated (IRM)?
The enterprise value (EV) for IRM stock is $55.68B.

About Iron Mountain Incorporated

Established in 1951, Iron Mountain Incorporated (NYSE: IRM) has become the world's foremost authority in storage and information management solutions. More than 225,000 organizations globally trust Iron Mountain with their critical assets. With an extensive physical infrastructure spanning over 90 million square feet, the company operates approximately 1,450 facilities in around 50 countries. Within this vast network, Iron Mountain safeguards billions of valued items, including vital corporate records, highly confidential digital assets, and invaluable cultural and historical artifacts. Their comprehensive suite of offerings encompasses secure document archiving, robust information governance, digital transformation initiatives, confidential destruction services, along with advanced data centers, cloud computing solutions, and specialized art storage and logistics. These services empower clients to mitigate costs and risks, ensure regulatory compliance, facilitate swift disaster recovery, and enable a more efficient, digital-first operational model.

Portsmouth, NH
28,850 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
William L. Meaney