Iron Mountain (Delaware)Common Stock REIT (IRM) vs Rayonier REIT (RYN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Iron Mountain (Delaware)Common Stock REIT (IRM) has outperformed Rayonier REIT (RYN) over the past year, gaining 9.3% versus a loss of 31.7%. Over five years, IRM leads with a +157.9% price change compared with -51.6% for RYN. Iron Mountain (Delaware)Common Stock REIT is the larger company by market cap ($34.46 billion vs $5.38 billion), about 6.4 times the size.
On valuation, Rayonier REIT trades at a lower forward P/E (28.8x vs 42.4x for Iron Mountain (Delaware)Common Stock REIT). Rayonier REIT offers the higher dividend yield (5.92% vs 2.92%). Rayonier REIT converts more of its revenue into profit, with a net margin of 97.9% versus 2.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IRM | RYN |
|---|---|---|
| Share price | $115.75 | $17.99 |
| Market cap | $34.46B | $5.38B |
| 1-day change | -0.64% | -0.55% |
| YTD return | +39.54% | -16.91% |
| 1-year return | +9.31% | -31.73% |
| 5-year return | +157.91% | -51.60% |
| P/E ratio (TTM) | 83.27 | 39.11 |
| Forward P/E | 42.45 | 28.82 |
| EPS (TTM) | $1.39 | $0.46 |
| Dividend yield | 2.92% | 5.92% |
| Annual dividend | $3.38 | $1.07 |
| Revenue (latest FY) | $6.90B | $484.49M |
| Revenue growth (YoY) | +12.23% | -50.96% |
| Net income (latest FY) | $152.25M | $474.38M |
| Gross margin | 55.38% | 32.46% |
| Operating margin | 16.86% | 17.20% |
| Net margin | 2.21% | 97.91% |
| 52-week high | $134.68 | $26.75 |
| 52-week low | $77.77 | $17.71 |
| Distance from 52-week high | -14.06% | -32.75% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.35% | +40.80% |
| Average volume | 1.74M | 3.21M |
| Shares outstanding | 297.70M | 297.57M |
| Employees | 29,400 | 285 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Iron Mountain (Delaware)Common Stock REIT is about 6.4 times larger than Rayonier REIT by market value ($34.46B vs $5.38B).
- IRM has outperformed RYN by 41.0 percentage points over the past year.
- Iron Mountain (Delaware)Common Stock REIT trades at a higher earnings multiple (83.3x vs 39.1x trailing P/E).
- Rayonier REIT offers a meaningfully higher dividend yield (5.92% vs 2.92%).
- Rayonier REIT is more profitable, keeping 97.9 cents of every revenue dollar as net income versus 2.2 cents for Iron Mountain (Delaware)Common Stock REIT.
- Iron Mountain (Delaware)Common Stock REIT grew revenue faster in its latest fiscal year (+12.23% vs -50.96%).
About Iron Mountain (Delaware)Common Stock REIT
IRM stock →Iron Mountain Incorporated is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs.
Real Estate · Real Estate Investment Trusts · 29,400 employees
About Rayonier REIT
RYN stock →Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.
Real Estate · Real Estate Investment Trusts · 285 employees
IRM vs RYN FAQ
Which is bigger, Iron Mountain (Delaware)Common Stock REIT or Rayonier REIT?
Iron Mountain (Delaware)Common Stock REIT (IRM) is larger, with a market capitalization of $34.46B compared with $5.38B for Rayonier REIT (RYN).
Which stock has performed better over the past year, IRM or RYN?
IRM returned +9.31% over the past 12 months, compared with -31.73% for RYN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IRM or RYN?
RYN has the lower trailing P/E at 39.1, versus 83.3 for IRM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Iron Mountain (Delaware)Common Stock REIT or Rayonier REIT?
Rayonier REIT has the higher yield at 5.92%, compared with 2.92% for Iron Mountain (Delaware)Common Stock REIT.
Are Iron Mountain (Delaware)Common Stock REIT and Rayonier REIT in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.