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Side-by-side financial comparison of Iron Mountain (IRM) and SCOTTS MIRACLE-GRO CO (SMG). Click either name above to swap in a different company.

Iron Mountain is the larger business by last-quarter revenue ($1.8B vs $1.5B, roughly 1.3× SCOTTS MIRACLE-GRO CO). SCOTTS MIRACLE-GRO CO runs the higher net margin — 16.3% vs 5.1%, a 11.3% gap on every dollar of revenue. On growth, Iron Mountain posted the faster year-over-year revenue change (16.6% vs -16.9%). Over the past eight quarters, Iron Mountain's revenue compounded faster (11.7% CAGR vs 10.2%).

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.

The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. It also markets and distributes the herbicide Roundup in the U.S. and several international markets including China.

IRM vs SMG — Head-to-Head

Bigger by revenue
IRM
IRM
1.3× larger
IRM
$1.8B
$1.5B
SMG
Growing faster (revenue YoY)
IRM
IRM
+33.5% gap
IRM
16.6%
-16.9%
SMG
Higher net margin
SMG
SMG
11.3% more per $
SMG
16.3%
5.1%
IRM
Faster 2-yr revenue CAGR
IRM
IRM
Annualised
IRM
11.7%
10.2%
SMG

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
IRM
IRM
SMG
SMG
Revenue
$1.8B
$1.5B
Net Profit
$93.1M
$238.6M
Gross Margin
41.8%
Operating Margin
18.5%
27.5%
Net Margin
5.1%
16.3%
Revenue YoY
16.6%
-16.9%
Net Profit YoY
-11.9%
61.2%
EPS (diluted)
$0.31
$-2.00

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
SMG
SMG
Q1 26
$1.5B
Q4 25
$1.8B
$354.4M
Q3 25
$1.8B
$387.3M
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.4B
Q4 24
$1.6B
$416.8M
Q3 24
$1.6B
$414.7M
Q2 24
$1.5B
$1.2B
Net Profit
IRM
IRM
SMG
SMG
Q1 26
$238.6M
Q4 25
$93.1M
$-125.0M
Q3 25
$86.2M
Q2 25
$-43.3M
$149.1M
Q1 25
$16.2M
$217.5M
Q4 24
$105.7M
$-69.5M
Q3 24
$-33.7M
Q2 24
$34.6M
$132.1M
Gross Margin
IRM
IRM
SMG
SMG
Q1 26
41.8%
Q4 25
25.0%
Q3 25
6.1%
Q2 25
31.8%
Q1 25
38.6%
Q4 24
22.7%
Q3 24
-7.1%
Q2 24
29.5%
Operating Margin
IRM
IRM
SMG
SMG
Q1 26
27.5%
Q4 25
18.5%
-6.2%
Q3 25
17.6%
-38.8%
Q2 25
15.2%
18.1%
Q1 25
16.0%
24.3%
Q4 24
17.9%
-12.2%
Q3 24
16.1%
-52.1%
Q2 24
15.0%
16.6%
Net Margin
IRM
IRM
SMG
SMG
Q1 26
16.3%
Q4 25
5.1%
-35.3%
Q3 25
4.9%
Q2 25
-2.5%
12.6%
Q1 25
1.0%
15.3%
Q4 24
6.7%
-16.7%
Q3 24
-2.2%
Q2 24
2.3%
11.0%
EPS (diluted)
IRM
IRM
SMG
SMG
Q1 26
$-2.00
Q4 25
$0.31
$-2.16
Q3 25
$0.28
$-2.58
Q2 25
$-0.15
$2.54
Q1 25
$0.05
$3.72
Q4 24
$0.35
$-1.21
Q3 24
$-0.11
$-4.21
Q2 24
$0.12
$2.28

Balance Sheet & Financial Strength

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

Metric
IRM
IRM
SMG
SMG
Cash + ST InvestmentsLiquidity on hand
$158.5M
$6.2M
Total DebtLower is stronger
$16.2B
$2.3B
Stockholders' EquityBook value
$-981.0M
Total Assets
$21.1B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRM
IRM
SMG
SMG
Q1 26
$6.2M
Q4 25
$158.5M
$8.3M
Q3 25
$36.6M
Q2 25
$51.1M
Q1 25
$16.9M
Q4 24
$155.7M
$9.8M
Q3 24
$71.6M
Q2 24
$279.9M
Total Debt
IRM
IRM
SMG
SMG
Q1 26
$2.3B
Q4 25
$16.2B
Q3 25
$15.5B
$2.1B
Q2 25
$14.8B
Q1 25
$14.2B
Q4 24
$13.0B
Q3 24
$13.2B
$2.2B
Q2 24
$12.8B
Stockholders' Equity
IRM
IRM
SMG
SMG
Q1 26
Q4 25
$-981.0M
$-500.6M
Q3 25
$-882.0M
$-357.5M
Q2 25
$-767.4M
$-170.9M
Q1 25
$-698.5M
$-290.1M
Q4 24
$-503.1M
$-479.5M
Q3 24
$-259.0M
$-390.6M
Q2 24
$-132.9M
$-146.2M
Total Assets
IRM
IRM
SMG
SMG
Q1 26
$3.4B
Q4 25
$21.1B
$3.0B
Q3 25
$20.6B
$2.7B
Q2 25
$20.2B
$3.1B
Q1 25
$19.4B
$3.5B
Q4 24
$18.7B
$3.2B
Q3 24
$18.5B
$2.9B
Q2 24
$18.0B
$3.5B

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRM
IRM
SMG
SMG
Q1 26
Q4 25
$500.0M
$-370.4M
Q3 25
$267.6M
$174.1M
Q2 25
$375.1M
$454.4M
Q1 25
$197.3M
$188.1M
Q4 24
$431.6M
$-445.3M
Q3 24
$252.9M
$118.5M
Q2 24
$382.2M
$588.0M
Free Cash Flow
IRM
IRM
SMG
SMG
Q1 26
Q4 25
$-16.2M
$-390.4M
Q3 25
$-256.3M
$131.2M
Q2 25
$-181.6M
$437.5M
Q1 25
$-477.5M
$179.8M
Q4 24
$-186.0M
$-474.6M
Q3 24
$-143.2M
$101.9M
Q2 24
$-14.6M
$574.8M
FCF Margin
IRM
IRM
SMG
SMG
Q1 26
Q4 25
-0.9%
-110.2%
Q3 25
-14.6%
33.9%
Q2 25
-10.6%
36.8%
Q1 25
-30.0%
12.7%
Q4 24
-11.8%
-113.9%
Q3 24
-9.2%
24.6%
Q2 24
-1.0%
47.8%
Capex Intensity
IRM
IRM
SMG
SMG
Q1 26
Q4 25
28.0%
5.6%
Q3 25
29.9%
11.1%
Q2 25
32.5%
1.4%
Q1 25
42.4%
0.6%
Q4 24
39.1%
7.0%
Q3 24
25.4%
4.0%
Q2 24
25.9%
1.1%
Cash Conversion
IRM
IRM
SMG
SMG
Q1 26
Q4 25
5.37×
Q3 25
3.10×
Q2 25
3.05×
Q1 25
12.15×
0.86×
Q4 24
4.08×
Q3 24
Q2 24
11.04×
4.45×

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%

SMG
SMG

Segment breakdown not available.

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