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IRM vs. SPG: A Head-to-Head Stock Comparison

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Here’s a clear look at IRM and SPG, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both IRM and SPG are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

SymbolIRMSPG
Company NameIron Mountain IncorporatedSimon Property Group, Inc.
CountryUnited StatesUnited States
GICS SectorReal EstateReal Estate
GICS IndustrySpecialized REITsRetail REITs
Market Capitalization27.13 billion USD67.21 billion USD
ExchangeNYSENYSE
Listing DateFebruary 1, 1996December 14, 1993
Security TypeREITREIT

Historical Performance

This chart compares the performance of IRM and SPG 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.

IRM vs. SPG: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolIRMSPG
5-Day Price Return1.46%2.73%
13-Week Price Return-5.59%11.21%
26-Week Price Return0.10%-3.06%
52-Week Price Return-18.99%6.46%
Month-to-Date Return-5.64%8.78%
Year-to-Date Return-12.60%3.46%
10-Day Avg. Volume1.11M1.46M
3-Month Avg. Volume1.51M1.57M
3-Month Volatility23.86%17.76%
Beta1.081.56

Profitability

Return on Equity (TTM)

IRM

85.19%

Specialized REITs Industry

Max
37.66%
Q3
20.19%
Median
8.96%
Q1
6.32%
Min
-1.71%

IRM’s Return on Equity of 85.19% is exceptionally high, placing it well beyond the typical range for the Specialized REITs industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

SPG

79.00%

Retail REITs Industry

Max
15.84%
Q3
10.01%
Median
5.58%
Q1
2.80%
Min
-2.65%

SPG’s Return on Equity of 79.00% is exceptionally high, placing it well beyond the typical range for the Retail REITs industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

IRM vs. SPG: A comparison of their Return on Equity (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Net Profit Margin (TTM)

IRM

0.64%

Specialized REITs Industry

Max
67.81%
Q3
40.70%
Median
25.91%
Q1
11.01%
Min
1.95%

In the Specialized REITs industry, Net Profit Margin is often not the primary profitability metric.

SPG

35.06%

Retail REITs Industry

Max
72.99%
Q3
48.25%
Median
27.21%
Q1
13.68%
Min
-25.48%

In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.

IRM vs. SPG: A comparison of their Net Profit Margin (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Operating Profit Margin (TTM)

IRM

16.17%

Specialized REITs Industry

Max
107.13%
Q3
55.10%
Median
41.03%
Q1
17.97%
Min
5.94%

In the Specialized REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

SPG

50.96%

Retail REITs Industry

Max
102.11%
Q3
53.88%
Median
35.05%
Q1
20.90%
Min
-8.87%

In the Retail REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

IRM vs. SPG: A comparison of their Operating Profit Margin (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Profitability at a Glance

SymbolIRMSPG
Return on Equity (TTM)85.19%79.00%
Return on Assets (TTM)0.22%6.44%
Net Profit Margin (TTM)0.64%35.06%
Operating Profit Margin (TTM)16.17%50.96%
Gross Profit Margin (TTM)66.77%82.17%

Financial Strength

Current Ratio (MRQ)

IRM

0.63

Specialized REITs Industry

Max
1.74
Q3
1.13
Median
0.59
Q1
0.35
Min
0.09

IRM’s Current Ratio of 0.63 aligns with the median group of the Specialized REITs industry, indicating that its short-term liquidity is in line with its sector peers.

SPG

0.52

Retail REITs Industry

Max
1.54
Q3
0.87
Median
0.60
Q1
0.39
Min
0.04

SPG’s Current Ratio of 0.52 aligns with the median group of the Retail REITs industry, indicating that its short-term liquidity is in line with its sector peers.

IRM vs. SPG: A comparison of their Current Ratio (MRQ) against their respective Specialized REITs and Retail REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

IRM

685.59

Specialized REITs Industry

Max
4.54
Q3
3.26
Median
1.09
Q1
0.58
Min
0.16

With a Debt-to-Equity Ratio of 685.59, IRM operates with exceptionally high leverage compared to the Specialized REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

SPG

10.36

Retail REITs Industry

Max
1.96
Q3
1.36
Median
0.93
Q1
0.64
Min
0.28

With a Debt-to-Equity Ratio of 10.36, SPG operates with exceptionally high leverage compared to the Retail REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

IRM vs. SPG: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Specialized REITs and Retail REITs industry benchmarks.

Interest Coverage Ratio (TTM)

IRM

1.36

Specialized REITs Industry

Max
5.24
Q3
4.05
Median
2.99
Q1
2.10
Min
1.28

In the lower quartile for the Specialized REITs industry, IRM’s Interest Coverage Ratio of 1.36 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

SPG

11.31

Retail REITs Industry

Max
4.31
Q3
3.35
Median
2.33
Q1
1.37
Min
0.52

With an Interest Coverage Ratio of 11.31, SPG demonstrates a superior capacity to service its debt, placing it well above the typical range for the Retail REITs industry. This stems from either robust earnings or a conservative debt load.

IRM vs. SPG: A comparison of their Interest Coverage Ratio (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Financial Strength at a Glance

SymbolIRMSPG
Current Ratio (MRQ)0.630.52
Quick Ratio (MRQ)0.540.52
Debt-to-Equity Ratio (MRQ)685.5910.36
Interest Coverage Ratio (TTM)1.3611.31

Growth

Revenue Growth

IRM vs. SPG: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

IRM vs. SPG: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

IRM

3.17%

Specialized REITs Industry

Max
7.06%
Q3
5.09%
Median
4.51%
Q1
3.18%
Min
1.78%

IRM’s Dividend Yield of 3.17% is in the lower quartile for the Specialized REITs industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

SPG

4.78%

Retail REITs Industry

Max
6.40%
Q3
4.96%
Median
4.61%
Q1
3.75%
Min
2.91%

SPG’s Dividend Yield of 4.78% is consistent with its peers in the Retail REITs industry, providing a dividend return that is standard for its sector.

IRM vs. SPG: A comparison of their Dividend Yield (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Dividend Payout Ratio (TTM)

IRM

400.99%

Specialized REITs Industry

Max
295.93%
Q3
182.11%
Median
119.31%
Q1
65.42%
Min
43.86%

At 400.99%, IRM’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Specialized REITs industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

SPG

129.03%

Retail REITs Industry

Max
233.72%
Q3
148.83%
Median
90.03%
Q1
67.83%
Min
12.86%

SPG’s Dividend Payout Ratio of 129.03% is within the typical range for the Retail REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

IRM vs. SPG: A comparison of their Dividend Payout Ratio (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Dividend at a Glance

SymbolIRMSPG
Dividend Yield (TTM)3.17%4.78%
Dividend Payout Ratio (TTM)400.99%129.03%

Valuation

Price-to-Earnings Ratio (TTM)

IRM

654.09

Specialized REITs Industry

Max
85.59
Q3
64.69
Median
29.09
Q1
18.22
Min
8.79

The P/E Ratio is often not the primary metric for valuation in the Specialized REITs industry.

SPG

26.99

Retail REITs Industry

Max
69.12
Q3
38.21
Median
21.85
Q1
15.96
Min
6.82

The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.

IRM vs. SPG: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

IRM

4.20

Specialized REITs Industry

Max
14.35
Q3
9.60
Median
8.74
Q1
5.61
Min
1.63

In the lower quartile for the Specialized REITs industry, IRM’s P/S Ratio of 4.20 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

SPG

9.46

Retail REITs Industry

Max
13.84
Q3
9.05
Median
7.00
Q1
5.56
Min
2.93

SPG’s P/S Ratio of 9.46 is in the upper echelon for the Retail REITs 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 vs. SPG: A comparison of their Price-to-Sales Ratio (TTM) against their respective Specialized REITs and Retail REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

IRM

1,254.25

Specialized REITs Industry

Max
11.33
Q3
5.68
Median
2.69
Q1
1.81
Min
0.71

At 1,254.25, IRM’s P/B Ratio is at an extreme premium to the Specialized REITs industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

SPG

21.41

Retail REITs Industry

Max
2.75
Q3
1.73
Median
1.08
Q1
0.87
Min
0.48

At 21.41, SPG’s P/B Ratio is at an extreme premium to the Retail REITs industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

IRM vs. SPG: A comparison of their Price-to-Book Ratio (MRQ) against their respective Specialized REITs and Retail REITs industry benchmarks.

Valuation at a Glance

SymbolIRMSPG
Price-to-Earnings Ratio (TTM)654.0926.99
Price-to-Sales Ratio (TTM)4.209.46
Price-to-Book Ratio (MRQ)1,254.2521.41
Price-to-Free Cash Flow Ratio (TTM)385.3818.17