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Side-by-side financial comparison of Iron Mountain (IRM) and KEMPER Corp (KMPR). Click either name above to swap in a different company.

Iron Mountain is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.6× KEMPER Corp). Iron Mountain runs the higher net margin — 5.1% vs -0.7%, a 5.8% gap on every dollar of revenue. On growth, Iron Mountain posted the faster year-over-year revenue change (16.6% vs -4.7%). KEMPER Corp produced more free cash flow last quarter ($166.2M vs $-16.2M). Over the past eight quarters, Iron Mountain's revenue compounded faster (11.7% CAGR vs -0.5%).

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.

Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses.

IRM vs KMPR — Head-to-Head

Bigger by revenue
IRM
IRM
1.6× larger
IRM
$1.8B
$1.1B
KMPR
Growing faster (revenue YoY)
IRM
IRM
+21.2% gap
IRM
16.6%
-4.7%
KMPR
Higher net margin
IRM
IRM
5.8% more per $
IRM
5.1%
-0.7%
KMPR
More free cash flow
KMPR
KMPR
$182.4M more FCF
KMPR
$166.2M
$-16.2M
IRM
Faster 2-yr revenue CAGR
IRM
IRM
Annualised
IRM
11.7%
-0.5%
KMPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRM
IRM
KMPR
KMPR
Revenue
$1.8B
$1.1B
Net Profit
$93.1M
$-8.0M
Gross Margin
Operating Margin
18.5%
Net Margin
5.1%
-0.7%
Revenue YoY
16.6%
-4.7%
Net Profit YoY
-11.9%
-108.2%
EPS (diluted)
$0.31
$-0.03

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
IRM
IRM
KMPR
KMPR
Q4 25
$1.8B
$1.1B
Q3 25
$1.8B
$1.2B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.2B
Q4 24
$1.6B
$1.2B
Q3 24
$1.6B
$1.2B
Q2 24
$1.5B
$1.1B
Q1 24
$1.5B
$1.1B
Net Profit
IRM
IRM
KMPR
KMPR
Q4 25
$93.1M
$-8.0M
Q3 25
$86.2M
$-21.0M
Q2 25
$-43.3M
$72.6M
Q1 25
$16.2M
$99.7M
Q4 24
$105.7M
$97.4M
Q3 24
$-33.7M
$73.7M
Q2 24
$34.6M
$75.4M
Q1 24
$77.0M
$71.3M
Operating Margin
IRM
IRM
KMPR
KMPR
Q4 25
18.5%
Q3 25
17.6%
Q2 25
15.2%
Q1 25
16.0%
Q4 24
17.9%
Q3 24
16.1%
11.2%
Q2 24
15.0%
10.1%
Q1 24
16.6%
7.6%
Net Margin
IRM
IRM
KMPR
KMPR
Q4 25
5.1%
-0.7%
Q3 25
4.9%
-1.7%
Q2 25
-2.5%
5.9%
Q1 25
1.0%
8.4%
Q4 24
6.7%
8.2%
Q3 24
-2.2%
6.3%
Q2 24
2.3%
6.7%
Q1 24
5.2%
6.2%
EPS (diluted)
IRM
IRM
KMPR
KMPR
Q4 25
$0.31
$-0.03
Q3 25
$0.28
$-0.34
Q2 25
$-0.15
$1.12
Q1 25
$0.05
$1.54
Q4 24
$0.35
$1.51
Q3 24
$-0.11
$1.14
Q2 24
$0.12
$1.16
Q1 24
$0.25
$1.10

Balance Sheet & Financial Strength

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

Metric
IRM
IRM
KMPR
KMPR
Cash + ST InvestmentsLiquidity on hand
$158.5M
Total DebtLower is stronger
$16.2B
$943.5M
Stockholders' EquityBook value
$-981.0M
$2.7B
Total Assets
$21.1B
$12.5B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRM
IRM
KMPR
KMPR
Q4 25
$158.5M
Q3 25
$371.2M
Q2 25
$407.6M
Q1 25
$545.3M
Q4 24
$155.7M
$1.0B
Q3 24
$696.9M
Q2 24
$539.1M
Q1 24
$520.7M
Total Debt
IRM
IRM
KMPR
KMPR
Q4 25
$16.2B
$943.5M
Q3 25
$15.5B
$943.1M
Q2 25
$14.8B
$942.6M
Q1 25
$14.2B
$942.1M
Q4 24
$13.0B
$1.4B
Q3 24
$13.2B
$1.4B
Q2 24
$12.8B
$1.4B
Q1 24
$12.6B
$1.4B
Stockholders' Equity
IRM
IRM
KMPR
KMPR
Q4 25
$-981.0M
$2.7B
Q3 25
$-882.0M
$2.7B
Q2 25
$-767.4M
$370.0M
Q1 25
$-698.5M
$366.0M
Q4 24
$-503.1M
$2.8B
Q3 24
$-259.0M
$2.8B
Q2 24
$-132.9M
$358.0M
Q1 24
$18.5M
$2.6B
Total Assets
IRM
IRM
KMPR
KMPR
Q4 25
$21.1B
$12.5B
Q3 25
$20.6B
$12.4B
Q2 25
$20.2B
$12.6B
Q1 25
$19.4B
$12.5B
Q4 24
$18.7B
$12.6B
Q3 24
$18.5B
$12.6B
Q2 24
$18.0B
$12.6B
Q1 24
$17.8B
$12.6B
Debt / Equity
IRM
IRM
KMPR
KMPR
Q4 25
0.35×
Q3 25
0.35×
Q2 25
2.55×
Q1 25
2.57×
Q4 24
0.50×
Q3 24
0.50×
Q2 24
3.88×
Q1 24
679.18×
0.54×

Cash Flow & Capital Efficiency

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

Metric
IRM
IRM
KMPR
KMPR
Operating Cash FlowLast quarter
$500.0M
$175.0M
Free Cash FlowOCF − Capex
$-16.2M
$166.2M
FCF MarginFCF / Revenue
-0.9%
14.7%
Capex IntensityCapex / Revenue
28.0%
0.8%
Cash ConversionOCF / Net Profit
5.37×
TTM Free Cash FlowTrailing 4 quarters
$-931.6M
$553.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRM
IRM
KMPR
KMPR
Q4 25
$500.0M
$175.0M
Q3 25
$267.6M
$139.9M
Q2 25
$375.1M
$89.6M
Q1 25
$197.3M
$180.0M
Q4 24
$431.6M
$175.1M
Q3 24
$252.9M
$141.9M
Q2 24
$382.2M
$22.9M
Q1 24
$130.0M
$43.0M
Free Cash Flow
IRM
IRM
KMPR
KMPR
Q4 25
$-16.2M
$166.2M
Q3 25
$-256.3M
$133.4M
Q2 25
$-181.6M
$82.0M
Q1 25
$-477.5M
$172.3M
Q4 24
$-186.0M
$165.4M
Q3 24
$-143.2M
$131.4M
Q2 24
$-14.6M
$5.2M
Q1 24
$-251.1M
$27.7M
FCF Margin
IRM
IRM
KMPR
KMPR
Q4 25
-0.9%
14.7%
Q3 25
-14.6%
10.8%
Q2 25
-10.6%
6.7%
Q1 25
-30.0%
14.4%
Q4 24
-11.8%
13.9%
Q3 24
-9.2%
11.1%
Q2 24
-1.0%
0.5%
Q1 24
-17.0%
2.4%
Capex Intensity
IRM
IRM
KMPR
KMPR
Q4 25
28.0%
0.8%
Q3 25
29.9%
0.5%
Q2 25
32.5%
0.6%
Q1 25
42.4%
0.6%
Q4 24
39.1%
0.8%
Q3 24
25.4%
0.9%
Q2 24
25.9%
1.6%
Q1 24
25.8%
1.3%
Cash Conversion
IRM
IRM
KMPR
KMPR
Q4 25
5.37×
Q3 25
3.10×
Q2 25
1.23×
Q1 25
12.15×
1.81×
Q4 24
4.08×
1.80×
Q3 24
1.93×
Q2 24
11.04×
0.30×
Q1 24
1.69×
0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRM
IRM

Storage Rental$1.1B58%
Services$781.9M42%

KMPR
KMPR

Specialty Property Casualty Insurance Segment$995.1M88%
Life Insurance Segment1$140.7M12%

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