Innovative Industrial Properties Inc vs Iron Mountain Inc — how do they compare? Innovative Industrial Properties Inc trades at $63.53 (market cap $1.87B), while Iron Mountain Inc trades at $124.56 (market cap $36.96B). The key difference: Iron Mountain Inc is far larger — about 19.8× Innovative Industrial Properties Inc's market cap, and Innovative Industrial Properties Inc pays the higher dividend (11.81%). Which is the better fit depends on your goals.
| IIPR | IRM | |
|---|---|---|
Market Cap | $1.87B | $36.96B |
Sector | Real Estate | Real Estate |
52-Week High | $64.67 | $133.06 |
52-Week Low | $44.58 | $78.86 |
Enterprise Value | $2.25B | $56.10B |
Dividend Yield | 11.81% | 2.78% |
Trailing returns across standard periods
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Read more on IIPR →Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business
Read more on IRM →