Iron Mountain Inc vs Orion Office REIT Inc — how do they compare? Iron Mountain Inc trades at $126.09 (market cap $36.96B), while Orion Office REIT Inc trades at $2.65 (market cap $150.60M). The key difference: Iron Mountain Inc is far larger — about 245.4× Orion Office REIT Inc's market cap, and Orion Office REIT Inc pays the higher dividend (3.02%). Which is the better fit depends on your goals.
| IRM | ONL | |
|---|---|---|
Market Cap | $36.96B | $150.60M |
Sector | Real Estate | Real Estate |
52-Week High | $133.06 | $3.04 |
52-Week Low | $78.86 | $1.93 |
Enterprise Value | $56.10B | $634.25M |
Dividend Yield | 2.78% | 3.02% |
Signals from Pluang's Aura AI — not financial advice
Iron Mountain (IRM) trades at $125.56, up 1.41% today, near its recent highs. The stock shows strong momentum with a bullish technical signal and consistent earnings beats. Revenue grew to $6.90B in 2025, though net margins are thin at 3.76%. High debt levels and a P/E of 135.03 present valuation concerns, but analyst consensus is bullish with a $140.50 price target. Recent news highlights institutional activity and data center growth potential.
Outlook remains positive driven by recurring revenue streams and data center expansion, but investors face risks from elevated leverage and interest expenses. The stock offers growth exposure with a dividend, yet requires monitoring of debt management and competitive pressures in information services.
ONL trades at $2.67, up 1.52% with mixed technical signals showing bullish oscillators but bearish moving averages. The company faces significant fundamental challenges with revenue declining from $208M in 2022 to $147.65M in 2025 and deep net losses widening to -$139.31M. However, strategic reviews with Wells Fargo and JPMorgan and recent refinancing extensions provide some stability amid ongoing portfolio repositioning toward dedicated use assets.
The outlook remains challenging with persistent losses and declining revenue, though the strategic review and deleveraging progress offer potential catalysts. Key risks include execution of asset sales, office market headwinds, and negative cash flow from operations. Analyst sentiment is divided with 50% buy and 50% hold ratings, reflecting uncertainty about the turnaround strategy's success.
Trailing returns across standard periods
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 →Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients.
Read more on ONL →