IRM
Iron Mountain Incorporated Real Estate - REIT - Specialty Investor Relations →
Iron Mountain Incorporated (IRM) closed at $127.83 as of 2026-06-19, trading 63.0% above its 200-week moving average of $78.40. The stock moved further from the line this week, up from 62.0% last week. The 14-week RSI sits at 70, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.96 ratio) is neutral — neither side is clearly dominating.
Over the past 1537 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 $38.0 billion, IRM is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. The stock trades at -31.3x book value.
Over the past 29.5 years, a hypothetical investment of $100 in IRM would have grown to $6333, compared to $1580 for the S&P 500. That represents an annualized return of 15.1% vs 9.8% for the index — confirming IRM as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. IRM currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from IRM's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | +7553.6% |
| Sep 2002 | Oct 2002 | 2 | 10.7% | +65.1% | +3517.5% |
| Mar 2008 | Mar 2008 | 2 | 4.2% | -14.1% | +1334.8% |
| Jun 2008 | Jul 2008 | 2 | 4.0% | +9.0% | +1258.7% |
| Sep 2008 | Apr 2009 | 33 | 33.6% | +7.2% | +1233.0% |
| May 2009 | May 2009 | 2 | 0.5% | -8.9% | +1211.3% |
| Sep 2009 | Apr 2010 | 29 | 19.8% | -18.0% | +1219.1% |
| Apr 2010 | Feb 2011 | 41 | 23.4% | +29.1% | +1301.8% |
| Feb 2011 | Mar 2011 | 1 | 2.9% | +24.2% | +1280.1% |
| Oct 2013 | Oct 2013 | 1 | 0.5% | +45.1% | +1021.5% |
| Jan 2016 | Jan 2016 | 3 | 7.3% | +38.6% | +787.3% |
| Oct 2018 | Oct 2018 | 1 | 0.9% | +20.2% | +528.4% |
| Jul 2019 | Jul 2019 | 3 | 1.4% | -3.7% | +501.3% |
| Feb 2020 | Aug 2020 | 23 | 26.0% | +24.9% | +474.8% |
| Sep 2020 | Nov 2020 | 11 | 10.5% | +70.3% | +489.2% |
| Average | 10 | — | +24.0% | — |
Frequently Asked Questions
Is IRM below its 200-week moving average?
No. Iron Mountain Incorporated (IRM) is currently 63.0% above its 200-week moving average of $78.40. It would need to fall to $78.40 to cross below the line.
What is IRM's 200-week moving average price?
Iron Mountain Incorporated's 200-week moving average is $78.40 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when IRM drops below its 200-week moving average?
IRM has crossed below its 200-week moving average 15 times in our data. On average, buying at that moment produced a one-year return of +24.0%. These dips have historically been decent entry points. These episodes lasted 10 weeks on average.
Is IRM a good value right now?
Here's what our data says about IRM as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 70. Free cash flow is currently negative. Price-to-book is -31.3x. This is not a buy or sell recommendation — always do your own research.
How does IRM compare to the S&P 500?
Over the past 29.5 years, $100 invested in IRM would have grown to $6333, compared to $1580 for the S&P 500. That's 15.1% annualized vs 9.8% for the index. IRM has outperformed the broader market over this period.
Does IRM pay a dividend?
Yes. Iron Mountain Incorporated currently pays a dividend yield of 270.00%.
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 week of 2026-06-19