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Side-by-side financial comparison of Iron Mountain (IRM) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

Ralph Lauren Corporation is the larger business by last-quarter revenue ($2.4B vs $1.8B, roughly 1.3× Iron Mountain). Ralph Lauren Corporation runs the higher net margin — 15.0% vs 5.1%, a 10.0% gap on every dollar of revenue. On growth, Iron Mountain posted the faster year-over-year revenue change (16.6% vs 12.2%). Ralph Lauren Corporation produced more free cash flow last quarter ($704.0M vs $-16.2M). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% 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.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

IRM vs RL — Head-to-Head

Bigger by revenue
RL
RL
1.3× larger
RL
$2.4B
$1.8B
IRM
Growing faster (revenue YoY)
IRM
IRM
+4.3% gap
IRM
16.6%
12.2%
RL
Higher net margin
RL
RL
10.0% more per $
RL
15.0%
5.1%
IRM
More free cash flow
RL
RL
$720.2M more FCF
RL
$704.0M
$-16.2M
IRM
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
11.7%
IRM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IRM
IRM
RL
RL
Revenue
$1.8B
$2.4B
Net Profit
$93.1M
$361.6M
Gross Margin
69.9%
Operating Margin
18.5%
19.6%
Net Margin
5.1%
15.0%
Revenue YoY
16.6%
12.2%
Net Profit YoY
-11.9%
21.6%
EPS (diluted)
$0.31
$5.82

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
RL
RL
Q4 25
$1.8B
$2.4B
Q3 25
$1.8B
$2.0B
Q2 25
$1.7B
$1.7B
Q1 25
$1.6B
$1.7B
Q4 24
$1.6B
$2.1B
Q3 24
$1.6B
$1.7B
Q2 24
$1.5B
$1.5B
Q1 24
$1.5B
$1.6B
Net Profit
IRM
IRM
RL
RL
Q4 25
$93.1M
$361.6M
Q3 25
$86.2M
$207.5M
Q2 25
$-43.3M
$220.4M
Q1 25
$16.2M
$129.0M
Q4 24
$105.7M
$297.4M
Q3 24
$-33.7M
$147.9M
Q2 24
$34.6M
$168.6M
Q1 24
$77.0M
$90.7M
Gross Margin
IRM
IRM
RL
RL
Q4 25
69.9%
Q3 25
68.0%
Q2 25
72.3%
Q1 25
68.7%
Q4 24
68.4%
Q3 24
67.0%
Q2 24
70.5%
Q1 24
66.6%
Operating Margin
IRM
IRM
RL
RL
Q4 25
18.5%
19.6%
Q3 25
17.6%
12.2%
Q2 25
15.2%
15.9%
Q1 25
16.0%
9.1%
Q4 24
17.9%
18.2%
Q3 24
16.1%
10.4%
Q2 24
15.0%
13.8%
Q1 24
16.6%
6.9%
Net Margin
IRM
IRM
RL
RL
Q4 25
5.1%
15.0%
Q3 25
4.9%
10.3%
Q2 25
-2.5%
12.8%
Q1 25
1.0%
7.6%
Q4 24
6.7%
13.9%
Q3 24
-2.2%
8.6%
Q2 24
2.3%
11.1%
Q1 24
5.2%
5.8%
EPS (diluted)
IRM
IRM
RL
RL
Q4 25
$0.31
$5.82
Q3 25
$0.28
$3.32
Q2 25
$-0.15
$3.52
Q1 25
$0.05
$2.03
Q4 24
$0.35
$4.66
Q3 24
$-0.11
$2.31
Q2 24
$0.12
$2.61
Q1 24
$0.25
$1.37

Balance Sheet & Financial Strength

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

Metric
IRM
IRM
RL
RL
Cash + ST InvestmentsLiquidity on hand
$158.5M
$2.3B
Total DebtLower is stronger
$16.2B
Stockholders' EquityBook value
$-981.0M
$2.9B
Total Assets
$21.1B
$7.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRM
IRM
RL
RL
Q4 25
$158.5M
$2.3B
Q3 25
$1.6B
Q2 25
$2.3B
Q1 25
$2.1B
Q4 24
$155.7M
$2.1B
Q3 24
$1.7B
Q2 24
$1.8B
Q1 24
$1.8B
Total Debt
IRM
IRM
RL
RL
Q4 25
$16.2B
Q3 25
$15.5B
Q2 25
$14.8B
Q1 25
$14.2B
Q4 24
$13.0B
Q3 24
$13.2B
Q2 24
$12.8B
Q1 24
$12.6B
Stockholders' Equity
IRM
IRM
RL
RL
Q4 25
$-981.0M
$2.9B
Q3 25
$-882.0M
$2.6B
Q2 25
$-767.4M
$2.5B
Q1 25
$-698.5M
$2.6B
Q4 24
$-503.1M
$2.5B
Q3 24
$-259.0M
$2.4B
Q2 24
$-132.9M
$2.4B
Q1 24
$18.5M
$2.5B
Total Assets
IRM
IRM
RL
RL
Q4 25
$21.1B
$7.8B
Q3 25
$20.6B
$7.3B
Q2 25
$20.2B
$7.8B
Q1 25
$19.4B
$7.0B
Q4 24
$18.7B
$7.1B
Q3 24
$18.5B
$6.8B
Q2 24
$18.0B
$6.6B
Q1 24
$17.8B
$6.6B
Debt / Equity
IRM
IRM
RL
RL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
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
IRM
IRM
RL
RL
Operating Cash FlowLast quarter
$500.0M
$779.6M
Free Cash FlowOCF − Capex
$-16.2M
$704.0M
FCF MarginFCF / Revenue
-0.9%
29.3%
Capex IntensityCapex / Revenue
28.0%
3.1%
Cash ConversionOCF / Net Profit
5.37×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$-931.6M
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRM
IRM
RL
RL
Q4 25
$500.0M
$779.6M
Q3 25
$267.6M
$53.2M
Q2 25
$375.1M
$176.1M
Q1 25
$197.3M
$122.2M
Q4 24
$431.6M
$738.4M
Q3 24
$252.9M
$97.2M
Q2 24
$382.2M
$277.3M
Q1 24
$130.0M
Free Cash Flow
IRM
IRM
RL
RL
Q4 25
$-16.2M
$704.0M
Q3 25
$-256.3M
$-40.6M
Q2 25
$-181.6M
$-11.2M
Q1 25
$-477.5M
$42.3M
Q4 24
$-186.0M
$677.2M
Q3 24
$-143.2M
$55.5M
Q2 24
$-14.6M
$243.9M
Q1 24
$-251.1M
FCF Margin
IRM
IRM
RL
RL
Q4 25
-0.9%
29.3%
Q3 25
-14.6%
-2.0%
Q2 25
-10.6%
-0.7%
Q1 25
-30.0%
2.5%
Q4 24
-11.8%
31.6%
Q3 24
-9.2%
3.2%
Q2 24
-1.0%
16.1%
Q1 24
-17.0%
Capex Intensity
IRM
IRM
RL
RL
Q4 25
28.0%
3.1%
Q3 25
29.9%
4.7%
Q2 25
32.5%
10.9%
Q1 25
42.4%
4.7%
Q4 24
39.1%
2.9%
Q3 24
25.4%
2.4%
Q2 24
25.9%
2.2%
Q1 24
25.8%
Cash Conversion
IRM
IRM
RL
RL
Q4 25
5.37×
2.16×
Q3 25
3.10×
0.26×
Q2 25
0.80×
Q1 25
12.15×
0.95×
Q4 24
4.08×
2.48×
Q3 24
0.66×
Q2 24
11.04×
1.64×
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%

RL
RL

Segment breakdown not available.

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