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Side-by-side financial comparison of Camden Property Trust (CPT) and Iron Mountain (IRM), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Iron Mountain is the larger business by last-quarter revenue ($1.8B vs $5.3M, roughly 349.0× Camden Property Trust). Camden Property Trust runs the higher net margin — 2954.1% vs 5.1%, a 2949.1% gap on every dollar of revenue. On growth, Camden Property Trust posted the faster year-over-year revenue change (243.0% vs 16.6%). Over the past eight quarters, Camden Property Trust's revenue compounded faster (102.8% CAGR vs 11.7%).

Camden Property Trust is a publicly traded real estate investment trust that invests in apartments in the United States. As of December 31, 2023, the company owned interests in 176 apartment communities containing 59,800 apartment homes in the United States. It is the 14th largest owner of apartments in the United States.

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.

CPT vs IRM — Head-to-Head

Bigger by revenue
IRM
IRM
349.0× larger
IRM
$1.8B
$5.3M
CPT
Growing faster (revenue YoY)
CPT
CPT
+226.4% gap
CPT
243.0%
16.6%
IRM
Higher net margin
CPT
CPT
2949.1% more per $
CPT
2954.1%
5.1%
IRM
Faster 2-yr revenue CAGR
CPT
CPT
Annualised
CPT
102.8%
11.7%
IRM

Income Statement — Q4 2025 vs Q4 2025

Metric
CPT
CPT
IRM
IRM
Revenue
$5.3M
$1.8B
Net Profit
$156.0M
$93.1M
Gross Margin
Operating Margin
18.5%
Net Margin
2954.1%
5.1%
Revenue YoY
243.0%
16.6%
Net Profit YoY
283.5%
-11.9%
EPS (diluted)
$1.44
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
CPT
CPT
IRM
IRM
Q4 25
$5.3M
$1.8B
Q3 25
$2.6M
$1.8B
Q2 25
$2.6M
$1.7B
Q1 25
$2.5M
$1.6B
Q4 24
$1.5M
$1.6B
Q3 24
$1.7M
$1.6B
Q2 24
$2.6M
$1.5B
Q1 24
$1.3M
$1.5B
Net Profit
CPT
CPT
IRM
IRM
Q4 25
$156.0M
$93.1M
Q3 25
$108.9M
$86.2M
Q2 25
$80.7M
$-43.3M
Q1 25
$38.8M
$16.2M
Q4 24
$40.7M
$105.7M
Q3 24
$-4.2M
$-33.7M
Q2 24
$42.9M
$34.6M
Q1 24
$83.9M
$77.0M
Operating Margin
CPT
CPT
IRM
IRM
Q4 25
18.5%
Q3 25
17.6%
Q2 25
15.2%
Q1 25
16.0%
Q4 24
17.9%
Q3 24
16.1%
Q2 24
15.0%
Q1 24
16.6%
Net Margin
CPT
CPT
IRM
IRM
Q4 25
2954.1%
5.1%
Q3 25
4246.9%
4.9%
Q2 25
3063.8%
-2.5%
Q1 25
1561.0%
1.0%
Q4 24
2642.3%
6.7%
Q3 24
-246.3%
-2.2%
Q2 24
1646.9%
2.3%
Q1 24
6533.4%
5.2%
EPS (diluted)
CPT
CPT
IRM
IRM
Q4 25
$1.44
$0.31
Q3 25
$1.00
$0.28
Q2 25
$0.74
$-0.15
Q1 25
$0.36
$0.05
Q4 24
$0.37
$0.35
Q3 24
$-0.04
$-0.11
Q2 24
$0.40
$0.12
Q1 24
$0.77
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
CPT
CPT
IRM
IRM
Cash + ST InvestmentsLiquidity on hand
$25.2M
$158.5M
Total DebtLower is stronger
$3.9B
$16.2B
Stockholders' EquityBook value
$4.4B
$-981.0M
Total Assets
$9.0B
$21.1B
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
CPT
CPT
IRM
IRM
Q4 25
$25.2M
$158.5M
Q3 25
$25.9M
Q2 25
$33.1M
Q1 25
$26.2M
Q4 24
$21.0M
$155.7M
Q3 24
$31.2M
Q2 24
$93.9M
Q1 24
$92.7M
Total Debt
CPT
CPT
IRM
IRM
Q4 25
$3.9B
$16.2B
Q3 25
$3.7B
$15.5B
Q2 25
$3.8B
$14.8B
Q1 25
$3.7B
$14.2B
Q4 24
$3.5B
$13.0B
Q3 24
$3.5B
$13.2B
Q2 24
$3.6B
$12.8B
Q1 24
$3.6B
$12.6B
Stockholders' Equity
CPT
CPT
IRM
IRM
Q4 25
$4.4B
$-981.0M
Q3 25
$4.5B
$-882.0M
Q2 25
$4.6B
$-767.4M
Q1 25
$4.6B
$-698.5M
Q4 24
$4.7B
$-503.1M
Q3 24
$4.7B
$-259.0M
Q2 24
$4.9B
$-132.9M
Q1 24
$4.9B
$18.5M
Total Assets
CPT
CPT
IRM
IRM
Q4 25
$9.0B
$21.1B
Q3 25
$9.1B
$20.6B
Q2 25
$9.1B
$20.2B
Q1 25
$9.0B
$19.4B
Q4 24
$8.9B
$18.7B
Q3 24
$8.9B
$18.5B
Q2 24
$9.1B
$18.0B
Q1 24
$9.1B
$17.8B
Debt / Equity
CPT
CPT
IRM
IRM
Q4 25
0.89×
Q3 25
0.82×
Q2 25
0.83×
Q1 25
0.81×
Q4 24
0.75×
Q3 24
0.73×
Q2 24
0.73×
Q1 24
0.72×
679.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
CPT
CPT
IRM
IRM
Operating Cash FlowLast quarter
$196.8M
$500.0M
Free Cash FlowOCF − Capex
$-16.2M
FCF MarginFCF / Revenue
-0.9%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
28.0%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
1.26×
5.37×
TTM Free Cash FlowTrailing 4 quarters
$-931.6M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
CPT
CPT
IRM
IRM
Q4 25
$196.8M
$500.0M
Q3 25
$250.9M
$267.6M
Q2 25
$230.7M
$375.1M
Q1 25
$148.2M
$197.3M
Q4 24
$152.4M
$431.6M
Q3 24
$261.6M
$252.9M
Q2 24
$225.1M
$382.2M
Q1 24
$135.9M
$130.0M
Free Cash Flow
CPT
CPT
IRM
IRM
Q4 25
$-16.2M
Q3 25
$-256.3M
Q2 25
$-181.6M
Q1 25
$-477.5M
Q4 24
$-186.0M
Q3 24
$-143.2M
Q2 24
$-14.6M
Q1 24
$-251.1M
FCF Margin
CPT
CPT
IRM
IRM
Q4 25
-0.9%
Q3 25
-14.6%
Q2 25
-10.6%
Q1 25
-30.0%
Q4 24
-11.8%
Q3 24
-9.2%
Q2 24
-1.0%
Q1 24
-17.0%
Capex Intensity
CPT
CPT
IRM
IRM
Q4 25
28.0%
Q3 25
29.9%
Q2 25
32.5%
Q1 25
42.4%
Q4 24
39.1%
Q3 24
25.4%
Q2 24
25.9%
Q1 24
25.8%
Cash Conversion
CPT
CPT
IRM
IRM
Q4 25
1.26×
5.37×
Q3 25
2.30×
3.10×
Q2 25
2.86×
Q1 25
3.82×
12.15×
Q4 24
3.74×
4.08×
Q3 24
Q2 24
5.24×
11.04×
Q1 24
1.62×
1.69×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

CPT
CPT

Segment breakdown not available.

IRM
IRM

Storage Rental$1.1B58%
Services$781.9M42%

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