EQIX vs IRM
Equinix and Iron Mountain, both Real Estate
Equinix is the larger company at $108B against $38B. On trailing earnings EQIX is the cheaper of the two at a P/E of 69.5 against 86.7, a gap that is only a bargain if the two are growing at similar rates. Over the past year EQIX returned +43% against +39% for IRM. Ryufin's sector-relative Smart Score puts EQIX ahead, 8/10 against 4/10.
| Figure | EQIX | IRM |
|---|---|---|
| Last close | $1079 | $121 |
| Market cap | $108B | $38B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 69.5 | 86.7 |
| Dividend yield | 1.7% | 2.7% |
| 1-year return | +43% | +39% |
| 5-year return | +45% | +237% |
| Ryufin Smart Scoresector-relative, 1–10 | 8/10 | 4/10 |
Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.
Equinix
Revenue of $2.6B in Q2 2026, net income $479M. Its largest reported line is Recurring, 46% of the disclosed total.
Iron Mountain
Revenue of $2.0B in Q2 2026, net income $106M. Its largest reported line is Storage Rental, 49% of the disclosed total.
Open these two in the interactive comparison to add more names, change the period or read the correlation.