IRM
Iron Mountain Incorporated Real Estate - REIT - Specialty Investor Relations →
Iron Mountain Incorporated (IRM) closed at $95.78 as of 2026-02-02, trading 31.6% above its 200-week moving average of $72.77. The stock moved further from the line this week, up from 27.0% last week. The 14-week RSI sits at 44, indicating neutral momentum.
Over the past 1518 weeks of data, IRM has crossed below its 200-week moving average 15 times. On average, these episodes lasted 10 weeks. Historically, investors who bought IRM at the start of these episodes saw an average one-year return of +24.0%.
With a market cap of $28.3 billion, IRM is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. The stock trades at -32.1x book value.
Over the past 29.2 years, a hypothetical investment of $100 in IRM would have grown to $4675, compared to $1454 for the S&P 500. That represents an annualized return of 14.1% vs 9.6% for the index — confirming IRM as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: IRM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After IRM Crosses Below the Line?
Across 15 historical episodes, buying IRM when it crossed below its 200-week moving average produced an average return of +25.2% after 12 months (median +24.0%), compared to +11.4% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +42.8% vs +27.5% for the index.
Each line shows $100 invested at the moment IRM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
IRM has crossed below its 200-week MA 15 times with an average 1-year return of +24.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1997 | Apr 1997 | 1 | 0.9% | +71.1% | +5549.7% |
| Sep 2002 | Oct 2002 | 2 | 10.7% | +65.1% | +2570.3% |
| Mar 2008 | Mar 2008 | 2 | 4.2% | -14.1% | +959.1% |
| Jun 2008 | Jul 2008 | 2 | 4.0% | +9.0% | +902.9% |
| Sep 2008 | Apr 2009 | 33 | 33.6% | +7.2% | +884.0% |
| May 2009 | May 2009 | 2 | 0.5% | -8.9% | +867.9% |
| Sep 2009 | Apr 2010 | 29 | 19.8% | -18.0% | +873.7% |
| Apr 2010 | Feb 2011 | 41 | 23.4% | +29.1% | +934.7% |
| Feb 2011 | Mar 2011 | 1 | 2.9% | +24.2% | +918.8% |
| Oct 2013 | Oct 2013 | 1 | 0.5% | +45.1% | +727.8% |
| Jan 2016 | Jan 2016 | 3 | 7.3% | +38.6% | +555.0% |
| Oct 2018 | Oct 2018 | 1 | 0.9% | +20.2% | +363.9% |
| Jul 2019 | Jul 2019 | 3 | 1.4% | -3.7% | +343.9% |
| Feb 2020 | Aug 2020 | 23 | 26.0% | +24.9% | +324.3% |
| Sep 2020 | Nov 2020 | 11 | 10.5% | +70.3% | +334.9% |
| Average | 10 | — | +24.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02