CCI vs. IRM: Crown Castle vs. Iron Mountain Stock Comparison

Company Profile

Crown Castle (CCI) and Iron Mountain (IRM) both belong to the Specialized REITs industry, though CCI is classified under Telecom Tower REITs while IRM falls under Other Specialized REITs.

Both Crown Castle (CCI) and Iron Mountain (IRM) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Neither Crown Castle (CCI) nor Iron Mountain (IRM) reports a ROE value for this period, so a direct comparison isn’t possible.

Neither Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs) nor Iron Mountain (IRM) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs) and Iron Mountain (IRM) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Iron Mountain (IRM) at 12.23% sits in the top revenue growth quartile, while Crown Castle (CCI) at -4.39% is in the bottom quartile, showing a clear gap in revenue momentum.

EPS growth isn't a meaningful figure for either Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs) or Iron Mountain (IRM) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Both Crown Castle (CCI) at 0.23 and Iron Mountain (IRM) at 0.56 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Neither Crown Castle (CCI) nor Iron Mountain (IRM) reports a debt-to-equity ratio value for this period, so a direct comparison isn’t possible.

Financial Strength Metrics

Dividends

Both Crown Castle (CCI) at 4.67% and Iron Mountain (IRM) at 3.28% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

An earnings-based payout ratio fits neither Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs) nor Iron Mountain (IRM) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs) or Iron Mountain (IRM) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Iron Mountain (IRM) at 4.07 is priced about in line with its industry on P/S ratio, while Crown Castle (CCI) at 9.23 sits in the pricier quartile — CCI costs more per dollar of sales.

Both Crown Castle (CCI) at -11.02 and Iron Mountain (IRM) at -22.85 report negative P/B ratio values, meaning both companies have negative book equity — neither multiple is meaningful for valuation.

Valuation Metrics