IRM vs WELL

Iron Mountain (IRM) and Welltower (WELL) compared side by side. Welltower (WELL) is larger, with a market cap of $171.0B versus $32.7B for Iron Mountain, about 5.2 times the size. On trailing earnings, IRM is cheaper at 78.5x versus 106.4x for WELL.

Head to head

MetricIRMWELL
Market cap$32.7B$171.0B
P/E (TTM)78.5x106.4x
Forward P/E40.3x74.2x
Revenue (TTM)$7.6B$12.8B
Revenue growth18.5%39.1%
Gross margin54.2%39.6%
Operating margin19.1%16.6%
Free cash flow-$596.7M$2.9B
Dividend yield3.15%1.43%
1-year return+9.4%+36.8%
5-year return (annual)+23.6%+27.0%
Max drawdown-56%-63%
FI Handbook gradeD+D+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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IRMWELL

IRM vs WELL FAQ

Which is bigger, IRM or WELL?

Welltower (WELL) is larger, with a market cap of $171.0B versus $32.7B for Iron Mountain, about 5.2 times the size.

Is IRM or WELL cheaper?

On trailing earnings, IRM is cheaper at 78.5x versus 106.4x for WELL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, IRM or WELL?

WELL returned +36.8% over the past year including dividends, versus +9.4% for IRM, through October 23, 2026.

Which pays a higher dividend, IRM or WELL?

IRM yields 3.15% versus 1.43% for WELL.

Full pages: Iron Mountain · Welltower