EPR Properties vs Iron Mountain
Iron Mountain is the larger business, with $6.90bn of revenue in fiscal 2025 against $718m for EPR Properties (9.6 times as much). Iron Mountain grew faster (12.2% against 2.9%). EPR Properties kept more of each dollar of sales as profit: a net margin of 38.3% against 2.1%.
| Latest fiscal year | EPR PropertiesEPR, 2025 | Iron MountainIRM, 2025 |
|---|---|---|
| Revenue | $718m | $6.90bn |
| Revenue growth | 2.9% | 12.2% |
| Net income | $275m | $145m |
| Operating margin | 57.7% | — |
| Net margin | 38.3% | 2.1% |
| Return on equity | 11.8% | — |
| Free cash flow | $269m | −$932m |
| Cash | $90.6m | $159m |
| Total debt | $2.93bn | $16.54bn |
| Debt to equity | 125.8% | — |
| Dividend per share | $3.52 | $3.22 |
| Dividend yield | 6.5% | 2.9% |
| Share buybacks | $9.9m | — |
| Employees | 54 | 11,150 |
| Market value | $4.60bn | $34.28bn |
| Price vs our value range | — | — |
| Moat score | 69 (Moderate) | 47 (Moderate) |
| Insider trades, 12 months | 0 buys, 20 sales | 1 buys, 73 sales |