ARE vs. IRM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ARE and IRM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
IRM’s market capitalization of 29.71 billion USD is significantly greater than ARE’s 13.31 billion USD, highlighting its more substantial market valuation.
With betas of 1.27 for ARE and 1.11 for IRM, both stocks show similar sensitivity to overall market movements.
| Symbol | ARE | IRM |
|---|---|---|
| Company Name | Alexandria Real Estate Equities, Inc. | Iron Mountain Incorporated |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Office | REIT - Specialty |
| CEO | Peter M. Moglia | William L. Meaney BSc, MEng, MSIA |
| Price | 76.92 USD | 100.68 USD |
| Market Cap | 13.31 billion USD | 29.71 billion USD |
| Beta | 1.27 | 1.11 |
| Exchange | NYSE | NYSE |
| IPO Date | May 28, 1997 | February 1, 1996 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ARE and IRM by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ARE
0.72%
REIT - Office Industry
- Max
- 9.40%
- Q3
- 3.15%
- Median
- 0.71%
- Q1
- -2.53%
- Min
- -10.33%
Return on Equity is often not a primary performance indicator in the REIT - Office industry.
IRM
-30.64%
REIT - Specialty Industry
- Max
- 37.06%
- Q3
- 18.93%
- Median
- 6.30%
- Q1
- -0.13%
- Min
- -15.30%
Return on Equity is often not a primary performance indicator in the REIT - Specialty industry.
Return on Invested Capital
ARE
194.97%
REIT - Office Industry
- Max
- 5.21%
- Q3
- 3.70%
- Median
- 2.50%
- Q1
- 1.66%
- Min
- 0.56%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Office industry.
IRM
4.20%
REIT - Specialty Industry
- Max
- 13.73%
- Q3
- 9.56%
- Median
- 7.01%
- Q1
- 4.47%
- Min
- 3.05%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Specialty industry.
Net Profit Margin
ARE
5.70%
REIT - Office Industry
- Max
- 21.26%
- Q3
- 7.69%
- Median
- 3.16%
- Q1
- -9.27%
- Min
- -30.12%
In the REIT - Office industry, Net Profit Margin is often not the primary profitability metric.
IRM
1.95%
REIT - Specialty Industry
- Max
- 50.00%
- Q3
- 26.13%
- Median
- 14.60%
- Q1
- 4.75%
- Min
- 1.95%
In the REIT - Specialty industry, Net Profit Margin is often not the primary profitability metric.
Operating Profit Margin
ARE
38.61%
REIT - Office Industry
- Max
- 38.61%
- Q3
- 26.61%
- Median
- 20.01%
- Q1
- 11.93%
- Min
- -1.11%
In the REIT - Office industry, Operating Profit Margin is often not the primary measure of operational efficiency.
IRM
17.12%
REIT - Specialty Industry
- Max
- 73.20%
- Q3
- 47.39%
- Median
- 32.80%
- Q1
- 16.51%
- Min
- 8.59%
In the REIT - Specialty industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | ARE | IRM |
|---|---|---|
| Return on Equity (TTM) | 0.72% | -30.64% |
| Return on Assets (TTM) | 0.37% | 0.63% |
| Return on Invested Capital (TTM) | 194.97% | 4.20% |
| Net Profit Margin (TTM) | 5.70% | 1.95% |
| Operating Profit Margin (TTM) | 38.61% | 17.12% |
| Gross Profit Margin (TTM) | 37.76% | 52.47% |
Financial Strength
Current Ratio
ARE
--
REIT - Office Industry
- Max
- 4.34
- Q3
- 2.61
- Median
- 1.46
- Q1
- 0.88
- Min
- 0.01
For the REIT - Office industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
IRM
0.62
REIT - Specialty Industry
- Max
- 4.07
- Q3
- 2.38
- Median
- 1.43
- Q1
- 0.59
- Min
- 0.19
For the REIT - Specialty industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
Debt-to-Equity Ratio
ARE
--
REIT - Office Industry
- Max
- 2.25
- Q3
- 1.66
- Median
- 1.33
- Q1
- 0.95
- Min
- 0.63
Debt-to-Equity Ratio data for ARE is currently unavailable.
IRM
-24.54
REIT - Specialty Industry
- Max
- 2.76
- Q3
- 1.56
- Median
- 1.11
- Q1
- 0.55
- Min
- 0.42
IRM has a Debt-to-Equity Ratio of -24.54, which indicates negative shareholder equity where liabilities exceed assets. This is a critical sign of financial distress.
Interest Coverage Ratio
ARE
6.43
REIT - Office Industry
- Max
- 2.60
- Q3
- 1.69
- Median
- 1.28
- Q1
- 0.62
- Min
- -0.11
With an Interest Coverage Ratio of 6.43, ARE demonstrates a superior capacity to service its debt, placing it well above the typical range for the REIT - Office industry. This stems from either robust earnings or a conservative debt load.
IRM
1.40
REIT - Specialty Industry
- Max
- 3.62
- Q3
- 3.44
- Median
- 3.01
- Q1
- 2.44
- Min
- 1.17
In the lower quartile for the REIT - Specialty industry, IRM’s Interest Coverage Ratio of 1.40 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
Financial Strength at a Glance
| Symbol | ARE | IRM |
|---|---|---|
| Current Ratio (TTM) | -- | 0.62 |
| Quick Ratio (TTM) | -- | 0.62 |
| Debt-to-Equity Ratio (TTM) | -- | -24.54 |
| Debt-to-Asset Ratio (TTM) | -- | 0.89 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.23 | 7.08 |
| Interest Coverage Ratio (TTM) | 6.43 | 1.40 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ARE and IRM. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ARE
6.84%
REIT - Office Industry
- Max
- 14.12%
- Q3
- 6.26%
- Median
- 4.71%
- Q1
- 2.62%
- Min
- 0.00%
With a Dividend Yield of 6.84%, ARE offers a more attractive income stream than most of its peers in the REIT - Office industry, signaling a strong commitment to shareholder returns.
IRM
2.98%
REIT - Specialty Industry
- Max
- 13.18%
- Q3
- 6.30%
- Median
- 4.63%
- Q1
- 2.61%
- Min
- 0.00%
IRM’s Dividend Yield of 2.98% is consistent with its peers in the REIT - Specialty industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
ARE
492.05%
REIT - Office Industry
- Max
- 1,116.08%
- Q3
- 556.10%
- Median
- 233.84%
- Q1
- 123.25%
- Min
- 49.88%
ARE’s Dividend Payout Ratio of 492.05% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.
IRM
667.77%
REIT - Specialty Industry
- Max
- 667.77%
- Q3
- 177.73%
- Median
- 119.02%
- Q1
- 86.06%
- Min
- 0.14%
IRM’s Dividend Payout Ratio of 667.77% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.
Dividend at a Glance
| Symbol | ARE | IRM |
|---|---|---|
| Dividend Yield (TTM) | 6.84% | 2.98% |
| Dividend Payout Ratio (TTM) | 492.05% | 667.77% |
Valuation
Price-to-Earnings Ratio
ARE
95.37
REIT - Office Industry
- Max
- 90.97
- Q3
- 72.34
- Median
- 44.07
- Q1
- 23.31
- Min
- 19.29
The P/E Ratio is often not the primary metric for valuation in the REIT - Office industry.
IRM
242.95
REIT - Specialty Industry
- Max
- 82.59
- Q3
- 54.68
- Median
- 29.28
- Q1
- 15.94
- Min
- 8.64
The P/E Ratio is often not the primary metric for valuation in the REIT - Specialty industry.
Forward P/E to Growth Ratio
ARE
-0.95
REIT - Office Industry
- Max
- 24.48
- Q3
- 14.97
- Median
- 1.22
- Q1
- 0.24
- Min
- 0.04
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Office industry.
IRM
-2.43
REIT - Specialty Industry
- Max
- 12.06
- Q3
- 5.37
- Median
- 2.44
- Q1
- 0.82
- Min
- 0.51
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Specialty industry.
Price-to-Sales Ratio
ARE
5.51
REIT - Office Industry
- Max
- 5.80
- Q3
- 5.05
- Median
- 3.85
- Q1
- 2.27
- Min
- 1.19
ARE’s P/S Ratio of 5.51 is in the upper echelon for the REIT - Office industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
IRM
4.74
REIT - Specialty Industry
- Max
- 9.68
- Q3
- 8.45
- Median
- 5.59
- Q1
- 2.71
- Min
- 0.89
IRM’s P/S Ratio of 4.74 aligns with the market consensus for the REIT - Specialty industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ARE
0.60
REIT - Office Industry
- Max
- 2.09
- Q3
- 1.38
- Median
- 0.98
- Q1
- 0.74
- Min
- 0.14
ARE’s P/B Ratio of 0.60 is in the lower quartile for the REIT - Office industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
IRM
-42.45
REIT - Specialty Industry
- Max
- 10.05
- Q3
- 5.14
- Median
- 1.95
- Q1
- 1.66
- Min
- 1.09
IRM has a negative P/B Ratio of -42.45, indicating its liabilities exceed its assets and result in negative shareholder equity. This is a critical warning sign of financial distress.
Valuation at a Glance
| Symbol | ARE | IRM |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 95.37 | 242.95 |
| Forward PEG Ratio (TTM) | -0.95 | -2.43 |
| Price-to-Sales Ratio (P/S, TTM) | 5.51 | 4.74 |
| Price-to-Book Ratio (P/B, TTM) | 0.60 | -42.45 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 9.70 | -34.94 |
| EV-to-EBITDA (TTM) | 6.16 | 19.46 |
| EV-to-Sales (TTM) | 5.32 | 7.45 |