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Iron Mountain（IRM）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
Iron Mountain的季度营收约是利氏兄弟拍卖行的1.5倍（$1.8B vs $1.2B），利氏兄弟拍卖行净利率更高（9.1% vs 5.1%，领先4.1%），Iron Mountain同比增速更快（16.6% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $-16.2M），过去两年Iron Mountain的营收复合增速更高（11.7% vs 6.3%）
Iron Mountain是1951年成立的美国企业信息管理服务提供商，总部位于新罕布什尔州朴茨茅斯。核心业务涵盖档案管理、信息销毁、数据备份与恢复，服务覆盖全球六大洲58个国家，为超过22万客户提供专业解决方案。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
IRM vs RBA — 直观对比
营收规模更大
IRM
是对方的1.5倍
$1.2B
营收增速更快
IRM
高出11.1%
5.4%
净利率更高
RBA
高出4.1%
5.1%
自由现金流更多
RBA
多$202.7M
$-16.2M
两年增速更快
IRM
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.2B |
| 净利润 | $93.1M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | 18.5% | 14.7% |
| 净利率 | 5.1% | 9.1% |
| 营收同比 | 16.6% | 5.4% |
| 净利润同比 | -11.9% | -7.4% |
| 每股收益（稀释后） | $0.31 | $0.53 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IRMRBA
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.1B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.6B | $1.1B | ||
| Q3 24 | $1.6B | $981.8M | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.1B |
净利润IRMRBA
| Q4 25 | $93.1M | $109.7M | ||
| Q3 25 | $86.2M | $95.5M | ||
| Q2 25 | $-43.3M | $109.8M | ||
| Q1 25 | $16.2M | $113.4M | ||
| Q4 24 | $105.7M | $118.5M | ||
| Q3 24 | $-33.7M | $76.1M | ||
| Q2 24 | $34.6M | $111.1M | ||
| Q1 24 | $77.0M | $107.4M |
营业利润率IRMRBA
| Q4 25 | 18.5% | 14.7% | ||
| Q3 25 | 17.6% | 14.5% | ||
| Q2 25 | 15.2% | 15.9% | ||
| Q1 25 | 16.0% | 17.1% | ||
| Q4 24 | 17.9% | 18.1% | ||
| Q3 24 | 16.1% | 15.6% | ||
| Q2 24 | 15.0% | 18.4% | ||
| Q1 24 | 16.6% | 18.7% |
净利率IRMRBA
| Q4 25 | 5.1% | 9.1% | ||
| Q3 25 | 4.9% | 8.7% | ||
| Q2 25 | -2.5% | 9.3% | ||
| Q1 25 | 1.0% | 10.2% | ||
| Q4 24 | 6.7% | 10.4% | ||
| Q3 24 | -2.2% | 7.8% | ||
| Q2 24 | 2.3% | 10.1% | ||
| Q1 24 | 5.2% | 10.1% |
每股收益（稀释后）IRMRBA
| Q4 25 | $0.31 | $0.53 | ||
| Q3 25 | $0.28 | $0.43 | ||
| Q2 25 | $-0.15 | $0.53 | ||
| Q1 25 | $0.05 | $0.55 | ||
| Q4 24 | $0.35 | $0.58 | ||
| Q3 24 | $-0.11 | $0.36 | ||
| Q2 24 | $0.12 | $0.54 | ||
| Q1 24 | $0.25 | $0.53 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $158.5M | $531.5M |
| 总债务越低越好 | $16.2B | $2.3B |
| 股东权益账面价值 | $-981.0M | $5.6B |
| 总资产 | $21.1B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资IRMRBA
| Q4 25 | $158.5M | $531.5M | ||
| Q3 25 | — | $674.7M | ||
| Q2 25 | — | $710.2M | ||
| Q1 25 | — | $578.1M | ||
| Q4 24 | $155.7M | $533.9M | ||
| Q3 24 | — | $650.7M | ||
| Q2 24 | — | $599.5M | ||
| Q1 24 | — | $462.8M |
总债务IRMRBA
| Q4 25 | $16.2B | $2.3B | ||
| Q3 25 | $15.5B | $2.6B | ||
| Q2 25 | $14.8B | $2.6B | ||
| Q1 25 | $14.2B | $2.6B | ||
| Q4 24 | $13.0B | $2.6B | ||
| Q3 24 | $13.2B | $2.7B | ||
| Q2 24 | $12.8B | $2.8B | ||
| Q1 24 | $12.6B | $2.9B |
股东权益IRMRBA
| Q4 25 | $-981.0M | $5.6B | ||
| Q3 25 | $-882.0M | $5.5B | ||
| Q2 25 | $-767.4M | $5.5B | ||
| Q1 25 | $-698.5M | $5.3B | ||
| Q4 24 | $-503.1M | $5.2B | ||
| Q3 24 | $-259.0M | $5.2B | ||
| Q2 24 | $-132.9M | $5.2B | ||
| Q1 24 | $18.5M | $5.1B |
总资产IRMRBA
| Q4 25 | $21.1B | $12.1B | ||
| Q3 25 | $20.6B | $12.2B | ||
| Q2 25 | $20.2B | $12.2B | ||
| Q1 25 | $19.4B | $11.9B | ||
| Q4 24 | $18.7B | $11.8B | ||
| Q3 24 | $18.5B | $11.9B | ||
| Q2 24 | $18.0B | $12.1B | ||
| Q1 24 | $17.8B | $12.0B |
负债/权益比IRMRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | 679.18× | 0.58× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $500.0M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $-16.2M | $186.5M |
| 自由现金流率自由现金流/营收 | -0.9% | 15.5% |
| 资本支出强度资本支出/营收 | 28.0% | 5.7% |
| 现金转化率经营现金流/净利润 | 5.37× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $-931.6M | $719.2M |
8季度趋势，按日历期对齐
经营现金流IRMRBA
| Q4 25 | $500.0M | $255.2M | ||
| Q3 25 | $267.6M | $239.7M | ||
| Q2 25 | $375.1M | $326.5M | ||
| Q1 25 | $197.3M | $156.8M | ||
| Q4 24 | $431.6M | $184.5M | ||
| Q3 24 | $252.9M | $285.4M | ||
| Q2 24 | $382.2M | $337.3M | ||
| Q1 24 | $130.0M | $124.8M |
自由现金流IRMRBA
| Q4 25 | $-16.2M | $186.5M | ||
| Q3 25 | $-256.3M | $188.5M | ||
| Q2 25 | $-181.6M | $241.7M | ||
| Q1 25 | $-477.5M | $102.5M | ||
| Q4 24 | $-186.0M | $127.9M | ||
| Q3 24 | $-143.2M | $248.5M | ||
| Q2 24 | $-14.6M | $308.6M | ||
| Q1 24 | $-251.1M | $79.6M |
自由现金流率IRMRBA
| Q4 25 | -0.9% | 15.5% | ||
| Q3 25 | -14.6% | 17.3% | ||
| Q2 25 | -10.6% | 20.4% | ||
| Q1 25 | -30.0% | 9.2% | ||
| Q4 24 | -11.8% | 11.2% | ||
| Q3 24 | -9.2% | 25.3% | ||
| Q2 24 | -1.0% | 28.2% | ||
| Q1 24 | -17.0% | 7.5% |
资本支出强度IRMRBA
| Q4 25 | 28.0% | 5.7% | ||
| Q3 25 | 29.9% | 4.7% | ||
| Q2 25 | 32.5% | 7.2% | ||
| Q1 25 | 42.4% | 4.9% | ||
| Q4 24 | 39.1% | 5.0% | ||
| Q3 24 | 25.4% | 3.8% | ||
| Q2 24 | 25.9% | 2.6% | ||
| Q1 24 | 25.8% | 4.2% |
现金转化率IRMRBA
| Q4 25 | 5.37× | 2.33× | ||
| Q3 25 | 3.10× | 2.51× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | 12.15× | 1.38× | ||
| Q4 24 | 4.08× | 1.56× | ||
| Q3 24 | — | 3.75× | ||
| Q2 24 | 11.04× | 3.04× | ||
| Q1 24 | 1.69× | 1.16× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IRM
| Storage Rental | $1.1B | 58% |
| Services | $781.9M | 42% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
