Iron Mountain Incorporated (Delaware) (IRM) — RQD Stock Rating Cockpit

$116.55 -1.55% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $116.00

Iron Mountain Incorporated (Delaware) (IRM) carries a Roarable Rating of D (Sell) with 46/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D • SELL / AVOID Cap $35.24B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is IRM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, Iron Mountain Incorporated (Delaware) (NYSE: IRM) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 46/100 at a spot price of $116.55 (-1.55% 1D, market cap $35.24B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 13/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 6/20, and SEC Balance-Sheet Forensics 7/20. Across 1096 tracked Financials issuers, IRM ranks #773 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does IRM compare to CCI and EXR in the Financials sector?
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Within the Financials sector (Real Estate Investment Trusts), IRM carries a Roarable D (46/100 RQD), trailing P/E of 38.8x, gross margin of —, and ROIC of 6.1%. By comparison, CCI (Crown Castle Inc.) holds a B- grade (70/100 RQD, P/E 85.1x, ROIC 11.9%, cap $37.79B) and EXR (Extra Space Storage Inc) posts a B- grade (70/100 RQD, P/E 32.5x, ROIC 5.7%, cap $31.67B). Among the 5-stock peer group, VICI leads on earnings multiple (9.7x) while CCI leads on capital efficiency (11.9% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for IRM?
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Per IRM's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001020569), Iron Mountain Incorporated (Delaware) generated $6.90B in revenue (+12.2% YoY), $0 in net income, and -$931.6M in free cash flow against $21.13B in total assets and $16.22B in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $116.00 (-0.47%)🧬 Dilution Drag (+1.36% YoY Shares)⚙️ Cash Engine: 7/20 (D-) • 0% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (46/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-6.1% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERSELL / AVOID • D
025507510046
2-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D · Rk D
Cash (7)Whales (13)SEC (13)Macro (6)CEO (7)
Each axis scored 0–20
12M PRICE TARGET CONE-5.4% Base Target
$141 Bull$110 Base$86 Bear
📬 FREE IRM RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for IRM)Realized 20D OHLCV Swing Band: ±6.2%
Deterministic 5-Pillar Attribution (46/100 Composite)
🔍 WHY IRM SCORES 46/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Whale & Options Positioning+13/20 pts (28% of score)

20D Institutional Volume Accumulation (±6.2% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (28% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 6/9

▼ #1 Drag / Risk Factor: Macro Regime Fit6/20 pts (-14 pt drag)

Macro rate sensitivity & RSI-14 (58.3) create a -14 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
38
Grade E$114.60-1.3% Next Q
Q2 (-2Q)
41
Grade D$113.06+2% Next Q
Q3 (-1Q)
43
Grade D$115.34+1% Next Q
Current
46
Grade D$116.55-6.1% Hist 90D α
Trajectory: E (38) → D (46)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a IRM Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While IRM currently carries a cautious 46/100 (D) rating due to Macro Regime Fit (6/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($114.54) and Max Pain ($122.38) forces dealer call-delta covering toward $141.41.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.36% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $IRM• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “IRM Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
RSI-14 MOMENTUMBULLISH MOMENTUM
58.330 Oversold · 70 Hot
ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)
3.80>3.0 Fortress Safe
PIOTROSKI F-SCORESOLID CORE (5–6)
6 / 99-Pt Accounting
52-WEEK LASER RANGE68% OF RANGE
L: $78$116.55H: $135
1. Money & Cash Health● WEAK
Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: D-RQD 7 / 20
2. Big Money & Insiders● TRIMMING
Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: DRQD 20 / 40
3. Hidden Risks & Market Weather● WARNING
SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: DRQD 19 / 40
MULTI-MODEL JEV QUANT JURY DELIBERATION

2-of-3 JEV AI Jury Bearish Warning on IRM

Cash & Moat Bull AI
ROIC & Free Cash Flow Model
BEARISH (35)

6.1% ROIC with 42.0% gross margin and -2.64% FCF yield.

SEC Forensic Auditor AI
10-K Accruals & Altman-Z Guard
NEUTRAL (65)

Altman-Z 4.20 and Piotroski 6/9 pass balance-sheet audit.

Whale & Macro Hawk AI
Options Skew, 13F & Fed NetLiq
BEARISH (43)

20/40 institutional & smart-money positioning score with 6/20 macro alignment.

Bull Case: Why Buyers Like IRM
  • ✓Established market leader in Financials with deep daily trading liquidity.
Bear Case: What Could Go Wrong
  • !Company executives have done more routine share selling than personal cash buying lately.
  • !Sensitive to high interest rates and tighter Federal Reserve market liquidity.
  • !Priced at 39x earnings—high expectations leave less room for a lukewarm quarter.
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring IRM)

  • ✓Walkthrough of IRM's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
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IRM // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -9.10%▼ DESCENDING CHANNEL
2026-11-02O $115.7H $118.4L $115.7C $116.6VOL 1.01M
RES: $119.0SUP: $105.3SMA50: $114.5SMA200: $115.5
$137.2$126.7$116.1$105.6$95.01RES $119.0SUP $105.3$116.62026-05-042026-06-172026-08-042026-09-182026-11-02
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

IRM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
29.6%/yr Implied 5Y Growth

vs. +12.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on IRM today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for IRM. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for IRM today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (IRM)

Financials Rank #773 of 1096 ⚔️ CCI vs IRM Full Matrix →

1. Head-to-Head Financials Peer Comparison (IRM vs. CCI, EXR, VTR, VICI)

Industry: Real Estate Investment Trusts (172 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Iron Mountain Incorporated (Delaware) (IRM) ranks #773 by composite RQD confidence (46/100, grade D) and #82 by equity capitalization ($35.24B). Within this direct 5-issuer industry benchmark cohort, VICI leads on earnings valuation at 9.7x trailing P/E, while CCI leads on capital efficiency and profitability with 11.9% ROIC and — gross margin. CCI currently holds the highest overall quantitative score in the immediate peer group at 70/100 (B-) compared with IRM at 46/100 (D).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
IRM ACTIVE
Iron Mountain Incorporated (Delaware)
D 46/100 38.8x — 6.1% -1.55% $35.24B Benchmark Subject
CCI
Crown Castle Inc.
B- 70/100 85.1x — 11.9% -0.16% $37.79B /cci-vs-irm →
EXR
Extra Space Storage Inc
B- 70/100 32.5x — 5.7% +0.95% $31.67B /exr-vs-irm →
VTR
Ventas Inc.
D+ 58/100 69.8x — 3.6% +1.30% $44.27B /vtr-vs-irm →
VICI
VICI Properties Inc.
C+ 66/100 9.7x — 7.6% -0.24% $27.00B /vici-vs-irm →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001020569

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Iron Mountain Incorporated (Delaware) (IRM) reported GAAP revenue of $6.90B (+12.2% vs. FY2024 revenue of $6.15B , and +25.9% cumulative change since FY2023) , GAAP net income of $0, operating cash flow of $1.34B, and free cash flow of -$931.6M (-56.6% YoY). On the balance sheet, IRM closed FY2025 with $21.13B in total assets against $16.22B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 6/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $6.90B $0 $1.34B -$931.6M $21.13B $16.22B
FY2024 (FY) 2024-12-31 $6.15B $0 $1.20B -$594.9M $18.72B $13.00B
FY2023 (FY) 2023-12-31 $5.48B $0 $1.11B $867.0M $19.38B $4.54B

3. IRM Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is IRM stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-02, Iron Mountain Incorporated (Delaware) (NYSE: IRM) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 46/100 at a spot price of $116.55 (-1.55% 1D, market cap $35.24B). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 13/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 6/20, and SEC Balance-Sheet Forensics 7/20. Across 1096 tracked Financials issuers, IRM ranks #773 in composite RQD confidence.

How does IRM compare to CCI and EXR in the Financials sector?

Within the Financials sector (Real Estate Investment Trusts), IRM carries a Roarable D (46/100 RQD), trailing P/E of 38.8x, gross margin of —, and ROIC of 6.1%. By comparison, CCI (Crown Castle Inc.) holds a B- grade (70/100 RQD, P/E 85.1x, ROIC 11.9%, cap $37.79B) and EXR (Extra Space Storage Inc) posts a B- grade (70/100 RQD, P/E 32.5x, ROIC 5.7%, cap $31.67B). Among the 5-stock peer group, VICI leads on earnings multiple (9.7x) while CCI leads on capital efficiency (11.9% ROIC).

What are the biggest fundamental strengths and SEC risk factors for IRM?

Per IRM's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001020569), Iron Mountain Incorporated (Delaware) generated $6.90B in revenue (+12.2% YoY), $0 in net income, and -$931.6M in free cash flow against $21.13B in total assets and $16.22B in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is IRM trading relative to its 50-day, 200-day, and 52-week technical levels?

IRM last traded at $116.55 (-1.55% on volume of 1,074,216 shares), positioning the stock +1.75% above its 50-day simple moving average ($114.54) and +0.92% above its 200-day simple moving average ($115.49). Across its 52-week range of $77.77 to $134.68, IRM sits at the 68.1% percentile with a 14-day RSI of 58.3 (BULLISH MOMENTUM) and an implied next-earnings move of ±6.2% ($109.32 to $123.78).

IRM Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell IRM stock right now?

Iron Mountain Incorporated (Delaware) (IRM) currently earns a Roarable Rating of D (Sell — SELL) with 46/100 RQD Confidence. Stretched risk/reward at 39x P/E (6% return on capital) under elevated 10-year interest-rate pressure.

What is IRM's 12-month price target and RQD AI Jury consensus?

IRM's 12-month base price target is $110.26 (range $86 to $141.41), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

ROARABLE RATING BRIEF • RQD 46/100 (D) ✓ STAGE-C NUMBER FIREWALL VERIFIED

IRM — Iron Mountain Incorporated (Delaware): What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:12:04Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, IRM carries an RQD Score of 46 and a letter grade of D, with the verdict "Roarable Sell — Underperform / Distribution Warning." The five pillars are: Fundamental Cash Engine 7/20 (ROIC 6.1%; FCF yield -2.64%), Whale 13F Flow 13/20 (institutional accumulation and options positioning), Insider Conviction 7/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit 6/20 (Beta 0.88; sector sensitivity), and Forensic Balance Sheet 13/20 (Altman Z 2.5; Piotroski F 6/9; Debt/Equity 0.5).

Investor implications: the two weakest pillars, Cash Engine and Macro Regime Fit, indicate that the current negative free cash flow yield and modest sector-sensitivity profile are the main drags on the score. The strongest pillars, Whale 13F Flow and Forensic Balance Sheet, offer partial support, with institutional positioning and a Piotroski F of 6/9 suggesting some balance-sheet resilience. Valuation tradeoffs are visible in the Snapshot: trailing P/E of 38.8 and forward P/E of 32.6 imply that the market is pricing in substantial earnings growth, which the cash-generation pillar does not yet corroborate. Upside drivers would need to come from improved free cash flow conversion; downside risk is elevated if that conversion does not materialize. This is an analytical framing, not personalized financial advice.

Snapshot

PriceMarket CapP/E (TTM)Forward P/EEV/EBITDAEPS (TTM)Dividend YieldBeta52-Wk RangeROIC %
118.38$35.24B38.832.616.63.052.61%0.88$77.77 - $134.686.1%

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$6901.7M$1163.8M$0.0MN/A$-931.6M$158.5M$16215.9M
FY 2024$6149.9M$1009.5M$0.0MN/A$-594.9M$155.7M$13004.0M
FY 2023$5480.3M$921.8M$0.0MN/A$867.0MN/A$4535.7M

Per the market data, operating margin is 16.9%, net margin is 13.2%, gross margin is 0%, and ROIC is 6.1%. Per the Roarable RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 6/9, with Debt/Equity at 0.5. Reported net income in the financials table is $0.0M across all three periods, which conflicts with the non-zero net margin shown in market data and should be treated with caution. FCF moved from $867.0M in FY 2023 to negative figures in FY 2024 and FY 2025 while debt rose from $4535.7M to $16215.9M across the same reported periods.

Recent Catalysts & News Wire Analysis

  • Market wire (YELLOW): A TradingView item headlined as a Q3'26 earnings revenue estimate of 1.99B USD, published about 1 hour before the data timestamp.
  • Market wire (YELLOW): A Stock Traders Daily piece on liquidity and institutional tactics, about 3 hours before the timestamp.
  • Risk watch (RED): A Stock Traders Daily piece on risk allocation models, about 6 hours before the timestamp, flagged red by the source.
  • Proprietary signals: Not available in source data (the butterfly graph lists none).

Open Questions

  • What is the reason reported net income is $0.0M across all periods while market data shows a 13.2% net margin?
  • What drove the shift from positive FY 2023 free cash flow to negative FY 2024 and FY 2025 free cash flow?
  • What specific products and customer segments generate IRM's revenue?
  • What are the terms and maturities of the debt rising to $16215.9M, and how is it serviced?
  • What is the consensus analyst view and price target distribution, given that no analyst data is provided?

IRM Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Iron Mountain Incorporated (Delaware) (IRM) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to IRM Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

IRM Bull vs. Bear Conversation Board — What's Your Call at $116.55?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON IRM 🐻 50% BEARISH CONVICTION
1. Pick Your Side on IRM:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $127.85 (+8.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is IRM (D • RQD 46/100) a Buy at $118.38?

Welcome to the IRM (Iron Mountain Incorporated (Delaware)) Roar Pit. Current RQD Composite is 46/100 (Roarable Sell — Underperform / Distribution Warning) in Real Estate Investment Trusts. Bulls point to operating leverage and sector positioning, while bears focus on valuation multiple compression (38.8x trailing P/E). Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RE RedlineAuditor Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $94.70 (-20.0%)
Spot @ $118.38

Pump the brakes on IRM — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on IRM, but look at what you are paying: 38.8x trailing P/E with tightening sector spreads. Unless Iron Mountain Incorporated (Delaware) expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

CA CashFlowKing Verified K Arena Trader 🐂 BULLISH 🎯 Target: $139.69 (+18.0%)
Spot @ $118.38

IRM cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on IRM, the market is fixating on short-term headline noise in Real Estate Investment Trusts and ignoring the balance sheet and cash flow trajectory. At $118.38 (52-wk range $77.77 - $134.68), any beat on forward guidance forces shorts and underweight funds to chase.

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