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Side-by-side financial comparison of Burlington Stores, Inc. (BURL) and Iron Mountain (IRM). Click either name above to swap in a different company.

Burlington Stores, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.8B, roughly 1.5× Iron Mountain). Iron Mountain runs the higher net margin — 5.1% vs 3.9%, a 1.2% gap on every dollar of revenue. On growth, Iron Mountain posted the faster year-over-year revenue change (16.6% vs 7.1%). Iron Mountain produced more free cash flow last quarter ($-16.2M vs $-109.6M). Over the past eight quarters, Iron Mountain's revenue compounded faster (11.7% CAGR vs -6.9%).

Burlington, formerly known as Burlington Coat Factory, is an American national off-price retailer, and a division of Burlington Coat Factory Warehouse Corporation with more than 1,138 stores in 46 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey. In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer...

Iron Mountain Inc. is an American enterprise information management services company founded in 1951 and headquartered in Portsmouth, New Hampshire. Its records management, information destruction, and data backup and recovery services are supplied to more than 220,000 customers in 58 countries throughout North America, Europe, Latin America, Africa, Asia, and Oceania.

BURL vs IRM — Head-to-Head

Bigger by revenue
BURL
BURL
1.5× larger
BURL
$2.7B
$1.8B
IRM
Growing faster (revenue YoY)
IRM
IRM
+9.4% gap
IRM
16.6%
7.1%
BURL
Higher net margin
IRM
IRM
1.2% more per $
IRM
5.1%
3.9%
BURL
More free cash flow
IRM
IRM
$93.4M more FCF
IRM
$-16.2M
$-109.6M
BURL
Faster 2-yr revenue CAGR
IRM
IRM
Annualised
IRM
11.7%
-6.9%
BURL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BURL
BURL
IRM
IRM
Revenue
$2.7B
$1.8B
Net Profit
$104.8M
$93.1M
Gross Margin
44.2%
Operating Margin
5.1%
18.5%
Net Margin
3.9%
5.1%
Revenue YoY
7.1%
16.6%
Net Profit YoY
15.6%
-11.9%
EPS (diluted)
$1.63
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BURL
BURL
IRM
IRM
Q4 25
$2.7B
$1.8B
Q3 25
$2.7B
$1.8B
Q2 25
$2.5B
$1.7B
Q1 25
$3.3B
$1.6B
Q4 24
$2.5B
$1.6B
Q3 24
$2.5B
$1.6B
Q2 24
$2.4B
$1.5B
Q1 24
$3.1B
$1.5B
Net Profit
BURL
BURL
IRM
IRM
Q4 25
$104.8M
$93.1M
Q3 25
$94.2M
$86.2M
Q2 25
$100.8M
$-43.3M
Q1 25
$260.8M
$16.2M
Q4 24
$90.6M
$105.7M
Q3 24
$73.8M
$-33.7M
Q2 24
$78.5M
$34.6M
Q1 24
$227.5M
$77.0M
Gross Margin
BURL
BURL
IRM
IRM
Q4 25
44.2%
Q3 25
43.7%
Q2 25
43.8%
Q1 25
42.9%
Q4 24
43.9%
Q3 24
42.8%
Q2 24
43.5%
Q1 24
42.7%
Operating Margin
BURL
BURL
IRM
IRM
Q4 25
5.1%
18.5%
Q3 25
4.7%
17.6%
Q2 25
5.3%
15.2%
Q1 25
10.6%
16.0%
Q4 24
4.7%
17.9%
Q3 24
4.0%
16.1%
Q2 24
4.7%
15.0%
Q1 24
10.0%
16.6%
Net Margin
BURL
BURL
IRM
IRM
Q4 25
3.9%
5.1%
Q3 25
3.5%
4.9%
Q2 25
4.0%
-2.5%
Q1 25
8.0%
1.0%
Q4 24
3.6%
6.7%
Q3 24
3.0%
-2.2%
Q2 24
3.3%
2.3%
Q1 24
7.3%
5.2%
EPS (diluted)
BURL
BURL
IRM
IRM
Q4 25
$1.63
$0.31
Q3 25
$1.47
$0.28
Q2 25
$1.58
$-0.15
Q1 25
$4.03
$0.05
Q4 24
$1.40
$0.35
Q3 24
$1.15
$-0.11
Q2 24
$1.22
$0.12
Q1 24
$3.51
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BURL
BURL
IRM
IRM
Cash + ST InvestmentsLiquidity on hand
$584.1M
$158.5M
Total DebtLower is stronger
$2.0B
$16.2B
Stockholders' EquityBook value
$1.5B
$-981.0M
Total Assets
$9.6B
$21.1B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BURL
BURL
IRM
IRM
Q4 25
$584.1M
$158.5M
Q3 25
$747.6M
Q2 25
$371.1M
Q1 25
$994.7M
Q4 24
$857.8M
$155.7M
Q3 24
$659.9M
Q2 24
$742.3M
Q1 24
$925.4M
Total Debt
BURL
BURL
IRM
IRM
Q4 25
$2.0B
$16.2B
Q3 25
$2.0B
$15.5B
Q2 25
$1.6B
$14.8B
Q1 25
$1.5B
$14.2B
Q4 24
$1.5B
$13.0B
Q3 24
$1.2B
$13.2B
Q2 24
$1.2B
$12.8B
Q1 24
$1.4B
$12.6B
Stockholders' Equity
BURL
BURL
IRM
IRM
Q4 25
$1.5B
$-981.0M
Q3 25
$1.4B
$-882.0M
Q2 25
$1.4B
$-767.4M
Q1 25
$1.4B
$-698.5M
Q4 24
$1.1B
$-503.1M
Q3 24
$1.1B
$-259.0M
Q2 24
$1.0B
$-132.9M
Q1 24
$996.9M
$18.5M
Total Assets
BURL
BURL
IRM
IRM
Q4 25
$9.6B
$21.1B
Q3 25
$9.3B
$20.6B
Q2 25
$8.5B
$20.2B
Q1 25
$8.8B
$19.4B
Q4 24
$8.4B
$18.7B
Q3 24
$7.8B
$18.5B
Q2 24
$7.7B
$18.0B
Q1 24
$7.7B
$17.8B
Debt / Equity
BURL
BURL
IRM
IRM
Q4 25
1.32×
Q3 25
1.40×
Q2 25
1.21×
Q1 25
1.12×
Q4 24
1.35×
Q3 24
1.15×
Q2 24
1.20×
Q1 24
1.40×
679.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BURL
BURL
IRM
IRM
Operating Cash FlowLast quarter
$143.3M
$500.0M
Free Cash FlowOCF − Capex
$-109.6M
$-16.2M
FCF MarginFCF / Revenue
-4.1%
-0.9%
Capex IntensityCapex / Revenue
9.3%
28.0%
Cash ConversionOCF / Net Profit
1.37×
5.37×
TTM Free Cash FlowTrailing 4 quarters
$-358.5M
$-931.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BURL
BURL
IRM
IRM
Q4 25
$143.3M
$500.0M
Q3 25
$179.4M
$267.6M
Q2 25
$-28.9M
$375.1M
Q1 25
$543.2M
$197.3M
Q4 24
$110.4M
$431.6M
Q3 24
$160.4M
$252.9M
Q2 24
$49.4M
$382.2M
Q1 24
$598.5M
$130.0M
Free Cash Flow
BURL
BURL
IRM
IRM
Q4 25
$-109.6M
$-16.2M
Q3 25
$-101.0K
$-256.3M
Q2 25
$-438.6M
$-181.6M
Q1 25
$189.8M
$-477.5M
Q4 24
$-56.2M
$-186.0M
Q3 24
$-35.2M
$-143.2M
Q2 24
$-115.5M
$-14.6M
Q1 24
$410.3M
$-251.1M
FCF Margin
BURL
BURL
IRM
IRM
Q4 25
-4.1%
-0.9%
Q3 25
-0.0%
-14.6%
Q2 25
-17.5%
-10.6%
Q1 25
5.8%
-30.0%
Q4 24
-2.2%
-11.8%
Q3 24
-1.4%
-9.2%
Q2 24
-4.9%
-1.0%
Q1 24
13.1%
-17.0%
Capex Intensity
BURL
BURL
IRM
IRM
Q4 25
9.3%
28.0%
Q3 25
6.6%
29.9%
Q2 25
16.4%
32.5%
Q1 25
10.8%
42.4%
Q4 24
6.6%
39.1%
Q3 24
7.9%
25.4%
Q2 24
7.0%
25.9%
Q1 24
6.0%
25.8%
Cash Conversion
BURL
BURL
IRM
IRM
Q4 25
1.37×
5.37×
Q3 25
1.91×
3.10×
Q2 25
-0.29×
Q1 25
2.08×
12.15×
Q4 24
1.22×
4.08×
Q3 24
2.18×
Q2 24
0.63×
11.04×
Q1 24
2.63×
1.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BURL
BURL

Segment breakdown not available.

IRM
IRM

Storage Rental$1.1B58%
Services$781.9M42%

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