Iron Mountain vs Outfront Media
Iron Mountain is the larger business, with $6.90bn of revenue in fiscal 2025 against $1.83bn for Outfront Media (3.8 times as much). Iron Mountain grew faster (12.2% against 0.0%). Outfront Media kept more of each dollar of sales as profit: a net margin of 8.0% against 2.1%.
| Latest fiscal year | Iron MountainIRM, 2025 | Outfront MediaOUT, 2025 |
|---|---|---|
| Revenue | $6.90bn | $1.83bn |
| Revenue growth | 12.2% | 0.0% |
| Net income | $145m | $147m |
| Operating margin | — | 16.0% |
| Net margin | 2.1% | 8.0% |
| Return on equity | — | 21.6% |
| Free cash flow | −$932m | $219m |
| Cash | $159m | $99.9m |
| Total debt | $16.54bn | $2.60bn |
| Debt to equity | — | 366.0% |
| Dividend per share | $3.22 | $1.20 |
| Dividend yield | 2.9% | 3.7% |
| Share buybacks | — | — |
| Employees | 11,150 | 1,986 |
| Market value | $34.49bn | $5.68bn |
| Price vs our value range | — | — |
| Moat score | 47 (Moderate) | 37 (Weak) |
| Insider trades, 12 months | 1 buys, 73 sales | 1 buys, 17 sales |