IRMIron Mountain
Is it safe?
Nothing alarming, nothing pristine: insiders quiet, heavy debt (B), and typical volatility.
Insiders were net sellers (-$17.4M, 90 days to Oct 8, 2026), selling is often routine.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -39% · now 14% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can IRM take a bad year?
Iron Mountain carries $17.1B of net debt at 6.84× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.84×
Net debt / EBITDA · 7.69× a year ago · the load is coming down
- Cash runway
- 0.4 years
Cash runway · burning $123M a quarter at the current rate
- Annualised volatility
- 33%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $17.3B
- Cash and short-term investments
- $205M
- Net debt
- $17.1B
- EBITDA, trailing twelve months
- $2.51B
- Operating profit, trailing twelve months
- $1.42B
- Total debt / EBITDA
- 6.92×
- Annualised volatilitytwo years of daily moves
- 33%
- Worst drawdown on file
- −39%
- Below its 52-week high
- 14%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Specialty
The closest names by size in the same industry