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

Iron Mountain is the larger business by last-quarter revenue ($1.8B vs $1.8B, roughly 1.0× MATTEL INC). MATTEL INC runs the higher net margin — 6.0% vs 5.1%, a 1.0% gap on every dollar of revenue. On growth, Iron Mountain posted the faster year-over-year revenue change (16.6% vs 7.3%). Over the past eight quarters, MATTEL INC's revenue compounded faster (47.7% CAGR vs 11.7%).

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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

IRM vs MAT — Head-to-Head

Bigger by revenue
IRM
IRM
1.0× larger
IRM
$1.8B
$1.8B
MAT
Growing faster (revenue YoY)
IRM
IRM
+9.3% gap
IRM
16.6%
7.3%
MAT
Higher net margin
MAT
MAT
1.0% more per $
MAT
6.0%
5.1%
IRM
Faster 2-yr revenue CAGR
MAT
MAT
Annualised
MAT
47.7%
11.7%
IRM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRM
IRM
MAT
MAT
Revenue
$1.8B
$1.8B
Net Profit
$93.1M
$106.2M
Gross Margin
45.9%
Operating Margin
18.5%
8.0%
Net Margin
5.1%
6.0%
Revenue YoY
16.6%
7.3%
Net Profit YoY
-11.9%
-24.6%
EPS (diluted)
$0.31
$0.32

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
MAT
MAT
Q4 25
$1.8B
$1.8B
Q3 25
$1.8B
$1.7B
Q2 25
$1.7B
$1.0B
Q1 25
$1.6B
$826.6M
Q4 24
$1.6B
$1.6B
Q3 24
$1.6B
$1.8B
Q2 24
$1.5B
$1.1B
Q1 24
$1.5B
$809.5M
Net Profit
IRM
IRM
MAT
MAT
Q4 25
$93.1M
$106.2M
Q3 25
$86.2M
$278.4M
Q2 25
$-43.3M
$53.4M
Q1 25
$16.2M
$-40.3M
Q4 24
$105.7M
$140.9M
Q3 24
$-33.7M
$372.4M
Q2 24
$34.6M
$56.9M
Q1 24
$77.0M
$-28.3M
Gross Margin
IRM
IRM
MAT
MAT
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Q1 24
48.0%
Operating Margin
IRM
IRM
MAT
MAT
Q4 25
18.5%
8.0%
Q3 25
17.6%
21.9%
Q2 25
15.2%
7.7%
Q1 25
16.0%
-6.4%
Q4 24
17.9%
9.6%
Q3 24
16.1%
26.5%
Q2 24
15.0%
7.7%
Q1 24
16.6%
-4.4%
Net Margin
IRM
IRM
MAT
MAT
Q4 25
5.1%
6.0%
Q3 25
4.9%
16.0%
Q2 25
-2.5%
5.2%
Q1 25
1.0%
-4.9%
Q4 24
6.7%
8.6%
Q3 24
-2.2%
20.2%
Q2 24
2.3%
5.3%
Q1 24
5.2%
-3.5%
EPS (diluted)
IRM
IRM
MAT
MAT
Q4 25
$0.31
$0.32
Q3 25
$0.28
$0.88
Q2 25
$-0.15
$0.16
Q1 25
$0.05
$-0.12
Q4 24
$0.35
$0.40
Q3 24
$-0.11
$1.09
Q2 24
$0.12
$0.17
Q1 24
$0.25
$-0.08

Balance Sheet & Financial Strength

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

Metric
IRM
IRM
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$158.5M
$1.2B
Total DebtLower is stronger
$16.2B
$2.3B
Stockholders' EquityBook value
$-981.0M
$2.2B
Total Assets
$21.1B
$6.6B
Debt / EquityLower = less leverage
1.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRM
IRM
MAT
MAT
Q4 25
$158.5M
$1.2B
Q3 25
$691.9M
Q2 25
$870.5M
Q1 25
$1.2B
Q4 24
$155.7M
$1.4B
Q3 24
$723.5M
Q2 24
$722.4M
Q1 24
$1.1B
Total Debt
IRM
IRM
MAT
MAT
Q4 25
$16.2B
$2.3B
Q3 25
$15.5B
$2.3B
Q2 25
$14.8B
$2.3B
Q1 25
$14.2B
$2.3B
Q4 24
$13.0B
$2.3B
Q3 24
$13.2B
$2.3B
Q2 24
$12.8B
$2.3B
Q1 24
$12.6B
$2.3B
Stockholders' Equity
IRM
IRM
MAT
MAT
Q4 25
$-981.0M
$2.2B
Q3 25
$-882.0M
$2.3B
Q2 25
$-767.4M
$2.2B
Q1 25
$-698.5M
$2.1B
Q4 24
$-503.1M
$2.3B
Q3 24
$-259.0M
$2.3B
Q2 24
$-132.9M
$2.0B
Q1 24
$18.5M
$2.0B
Total Assets
IRM
IRM
MAT
MAT
Q4 25
$21.1B
$6.6B
Q3 25
$20.6B
$6.6B
Q2 25
$20.2B
$6.2B
Q1 25
$19.4B
$6.2B
Q4 24
$18.7B
$6.5B
Q3 24
$18.5B
$6.5B
Q2 24
$18.0B
$5.9B
Q1 24
$17.8B
$6.1B
Debt / Equity
IRM
IRM
MAT
MAT
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×
Q1 24
679.18×
1.15×

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
MAT
MAT
Operating Cash FlowLast quarter
$500.0M
$796.6M
Free Cash FlowOCF − Capex
$-16.2M
FCF MarginFCF / Revenue
-0.9%
Capex IntensityCapex / Revenue
28.0%
Cash ConversionOCF / Net Profit
5.37×
7.50×
TTM Free Cash FlowTrailing 4 quarters
$-931.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRM
IRM
MAT
MAT
Q4 25
$500.0M
$796.6M
Q3 25
$267.6M
$72.0M
Q2 25
$375.1M
$-300.1M
Q1 25
$197.3M
$24.8M
Q4 24
$431.6M
$862.1M
Q3 24
$252.9M
$155.8M
Q2 24
$382.2M
$-252.9M
Q1 24
$130.0M
$35.5M
Free Cash Flow
IRM
IRM
MAT
MAT
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
IRM
IRM
MAT
MAT
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
IRM
IRM
MAT
MAT
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
IRM
IRM
MAT
MAT
Q4 25
5.37×
7.50×
Q3 25
3.10×
0.26×
Q2 25
-5.62×
Q1 25
12.15×
Q4 24
4.08×
6.12×
Q3 24
0.42×
Q2 24
11.04×
-4.45×
Q1 24
1.69×

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%

MAT
MAT

North America Segment$1.0B58%
International Segment$745.6M42%

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