EGP vs. IRM: EastGroup Properties vs. Iron Mountain Stock Comparison

Company Profile

EastGroup Properties (EGP) and Iron Mountain (IRM) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but EGP is classified in Industrial REITs while IRM is classified in Specialized REITs.

Both EastGroup Properties (EGP) 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

Capital efficiency shows on one side only: EastGroup Properties (EGP) earns 8.93% on shareholders’ equity, ranked against its industry; Iron Mountain (IRM) has no ROE this period.

Neither EastGroup Properties (EGP) 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 EastGroup Properties (EGP) 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

Both EastGroup Properties (EGP) at 12.67% and Iron Mountain (IRM) at 12.23% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

EPS growth isn't a meaningful figure for either EastGroup Properties (EGP) 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

EastGroup Properties (EGP) at 0.62 keeps current ratio within its industry’s typical mid-range, while Iron Mountain (IRM) at 0.56 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for IRM.

Only one side’s leverage can be read here: EastGroup Properties (EGP) carries debt-to-equity ratio of 0.52 against its industry range, while Iron Mountain (IRM) reports no figure this period.

Financial Strength Metrics

Dividends

Both EastGroup Properties (EGP) at 3.30% 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 EastGroup Properties (EGP) 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 EastGroup Properties (EGP) 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 EastGroup Properties (EGP) at 13.56 sits in the pricier quartile — EGP costs more per dollar of sales.

Iron Mountain (IRM) reports a negative P/B ratio of -22.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile EastGroup Properties (EGP) reports 2.91, ranking against industry peers normally.

Valuation Metrics