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Iron Mountain Incorporated

$111.38Last updated
-$2.71 (2.38%)Past day
Timezone

Iron Mountain Incorporated (NYSE: IRM) is trading at $111.38, about ₹10,684 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 2.38% today. Indian residents can buy Iron Mountain from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$114.11
Previous close:$114.09
Volume:1.29M

Today's low

$110.72

Today's high

$114.50

52 week low

$77.77

52 week high

$134.68

IRM opened at $114.11, closed previously at $114.09, and has traded between $77.77 and $134.68 over the past 52 weeks.

About

Established in 1951, Iron Mountain Incorporated (NYSE: IRM) has become the world's foremost authority in storage and information management solutions. More than 225,000 organizations globally trust Iron Mountain with their critical assets. With an extensive physical infrastructure spanning over 90 million square feet, the company operates approximately 1,450 facilities in around 50 countries. Within this vast network, Iron Mountain safeguards billions of valued items, including vital corporate records, highly confidential digital assets, and invaluable cultural and historical artifacts. Their comprehensive suite of offerings encompasses secure document archiving, robust information governance, digital transformation initiatives, confidential destruction services, along with advanced data centers, cloud computing solutions, and specialized art storage and logistics. These services empower clients to mitigate costs and risks, ensure regulatory compliance, facilitate swift disaster recovery, and enable a more efficient, digital-first operational model.

Country
US
CEO
William L. Meaney
Exchange listed on
NYSE
Industry
REIT - Specialty
Base currency
USD
Full Time Employees
29,400
Sector
Real Estate
IPO date
01/02/1996

Key statistics

Avg. volume

1.70M

Market cap

$33.14B

P/E Ratio

79.56

Price-to-sales ratio

4.38

Enterprise value

$52.55B

Free cash flow yield

-1.45%

Debt-to-equity ratio

-15.31

Return on equity

-38.42%

ROIC

6.34%

Beta

1.20

Dividend yield

3.10%

Last dividend

$3.46

Financial overview

Revenue

$6.90B

Earnings per share

$0.49

Free cash flow

-$931.63M

Net profit margin

5.54%

Gross margin

54.21%

EBITDA

$2.08B

Revenue growth

12.23%

Similar securities

This is not an investment recommendation

How to buy Iron Mountain from India

Indian residents can buy Iron Mountain shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Iron Mountain and place an order

    Find Iron Mountain by name or by its ticker, IRM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Iron Mountain trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Iron Mountain position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Iron Mountain from India

Trading and taxes when buying Iron Mountain from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Iron Mountain’s current yield is 3.10%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Iron Mountain stock?

Yes. Iron Mountain (IRM) has been listed on the New York Stock Exchange since 1996, in the REIT - Specialty industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Iron Mountain share cost in rupees?

One Iron Mountain share is $111.38 — about ₹10,684 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Iron Mountain price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Iron Mountain from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy Iron Mountain with less than the price of one share?

Yes. A whole Iron Mountain share is $111.38, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on Iron Mountain shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Iron Mountain price. Paasa issues a capital-gains statement for your return.

Does Iron Mountain pay a dividend, and how is it taxed in India?

Yes. Iron Mountain pays a dividend and the current yield is 3.10%; the last declared dividend was $3.46 per share, about ₹331.50. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Iron Mountain from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Iron Mountain shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Iron Mountain shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Iron Mountain holding, its cost and its closing value.

How do I sell Iron Mountain and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.