IRM
Iron Mountain Incorporated
IRM's fundamentals are strong, but it looks expensive: trading at 74x earnings, above its usual 46x. Analysts expect strong earnings growth.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
IRM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
IRM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for real estate companies like IRM.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
IRM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 27x | $41.78 | -64% |
| Forward | 42x | $115 | — |
| Fair | 46x | $70.71 | -38% |
| Current | 74x | $115 | — |
| Expensive | 161x | $247 | +116% |
Historical ranges are pointers, not guarantees.
IRM's PE is in its fair range at 74x. If earnings grow as analysts expect, today's price would be 42x next year's earnings.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
IRM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for IRM, but weaker profitability.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect OPEN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
IRM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +77% |
| Q3 2026 | $1.54 | +191% |
| Q2 2026 | $1.41 | +907% |
| Q1 2026 | $0.92 | +124% |
| Q4 2025 | $0.49 | -20% |
| Q3 2025 | $0.53 | +47% |
| Q2 2025 | $0.14 | -82% |
| Q1 2025 | $0.41 | -38% |
| Q4 2024 | $0.61 | -3.2% |
IRM has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
IRM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +13% |
| Q2 2026 | $2B | +19% |
| Q1 2026 | $1.9B | +22% |
| Q4 2025 | $1.8B | +17% |
| Q3 2025 | $1.8B | +13% |
| Q2 2025 | $1.7B | +12% |
| Q1 2025 | $1.6B | +7.8% |
| Q4 2024 | $1.6B | +11% |
IRM has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +3 points |
| Q2 2026 | 18% | +3.2 points |
| Q1 2026 | 20% | +4.4 points |
| Q4 2025 | 19% | +0.6 points |
| Q3 2025 | 18% | +1.5 points |
| Q2 2025 | 15% | +0.2 points |
| Q1 2025 | 16% | -0.7 points |
| Q4 2024 | 18% | +1.6 points |
IRM has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
IRM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$302.2M | -$45.9M |
| Q2 2026 | -$38.9M | +$142.7M |
| Q1 2026 | -$179.5M | +$298M |
| Q4 2025 | -$16.2M | +$169.8M |
| Q3 2025 | -$256.3M | -$113.1M |
| Q2 2025 | -$181.6M | -$167.1M |
| Q1 2025 | -$477.5M | -$226.4M |
| Q4 2024 | -$186M | -365% |
IRM's free cash flow was −$537M over the past year, against −$1.1B the year before. Free cash flow isn't a meaningful measure for real estate companies like IRM.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN has the edge over IRM on cash flow, with more consistent year-over-year improvement.
IRM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +145K shares |
| 1 year | +0.7% | +2M shares |
| 3 years | +1.9% | +5.7M shares |
| 5 years | +2.9% | +8.5M shares |
| Available history | +4.3% | +12.3M shares |
IRM has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
IRM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.7x | High |
| Q2 2026 | 6.8x | High |
| Q1 2026 | 7.1x | High |
| Q4 2025 | 7.4x | High |
| Q3 2025 | 7.7x | High |
| Q2 2025 | 7.7x | High |
| Q1 2025 | 7.6x | High |
| Q4 2024 | 7.1x | High |
IRM's net debt is about 6.7 years of its operating earnings (EBITDA), down from 7.7 years a year ago. Net leverage isn't a meaningful measure for real estate companies like IRM.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
IRM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.3 | Neutral |
| Stochastic | 30.1 | Neutral |
IRM's weekly RSI is 49 (neutral) and its Stochastic is 30 (neutral).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
IRM PE vs Real Estate Sector
| Metric | IRM | Sector median | Relative |
|---|---|---|---|
| PE | 74x | 24x | 211% above |
| PE % | 61 | 23 | 38 pts above |
IRM is trading at 74x earnings, a 211% premium to the Real Estate sector's median of 24x.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
IRM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $112.4 | 1.9% above |
| 20 week MA | $117.5 | 2.4% below |
| 50 week MA | $111.2 | 3% above |
| 100 week MA | $103.9 | 10% above |
| 200 week MA | $90.1 | 27% above |
IRM has the edge over OPEN on trend strength, trading above more of its moving averages.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
IRM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.8 | $29.5 | -7.1% |
| 2021 | $29.5 | $51.3 | +74% |
| 2022 | $51.3 | $50.6 | -1.3% |
| 2023 | $50.6 | $70.0 | +38% |
| 2024 | $70.0 | $104.7 | +50% |
| 2025 | $104.7 | $82.0 | -22% |
| 2026 YTD | $82.0 | $114.6 | +40% |
IRM has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.