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Iron Mountain（IRM）与Sunrun Inc.（RUN）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Sunrun Inc.的1.6倍（$1.8B vs $1.2B），Sunrun Inc.净利率更高（8.9% vs 5.1%，领先3.9%），Sunrun Inc.同比增速更快（123.5% vs 16.6%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 11.7%）
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。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
IRM vs RUN — 直观对比
营收规模更大
IRM
是对方的1.6倍
$1.2B
营收增速更快
RUN
高出106.9%
16.6%
净利率更高
RUN
高出3.9%
5.1%
两年增速更快
RUN
近两年复合增速
11.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.2B |
| 净利润 | $93.1M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | 18.5% | 8.4% |
| 净利率 | 5.1% | 8.9% |
| 营收同比 | 16.6% | 123.5% |
| 净利润同比 | -11.9% | 103.7% |
| 每股收益（稀释后） | $0.31 | $0.38 |
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IRMRUN
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $724.6M | ||
| Q2 25 | $1.7B | $569.3M | ||
| Q1 25 | $1.6B | $504.3M | ||
| Q4 24 | $1.6B | $518.5M | ||
| Q3 24 | $1.6B | $537.2M | ||
| Q2 24 | $1.5B | $523.9M | ||
| Q1 24 | $1.5B | $458.2M |
净利润IRMRUN
| Q4 25 | $93.1M | $103.6M | ||
| Q3 25 | $86.2M | $16.6M | ||
| Q2 25 | $-43.3M | $279.8M | ||
| Q1 25 | $16.2M | $50.0M | ||
| Q4 24 | $105.7M | $-2.8B | ||
| Q3 24 | $-33.7M | $-83.8M | ||
| Q2 24 | $34.6M | $139.1M | ||
| Q1 24 | $77.0M | $-87.8M |
营业利润率IRMRUN
| Q4 25 | 18.5% | 8.4% | ||
| Q3 25 | 17.6% | 0.5% | ||
| Q2 25 | 15.2% | -19.7% | ||
| Q1 25 | 16.0% | -22.8% | ||
| Q4 24 | 17.9% | -628.0% | ||
| Q3 24 | 16.1% | -23.8% | ||
| Q2 24 | 15.0% | -24.4% | ||
| Q1 24 | 16.6% | -40.0% |
净利率IRMRUN
| Q4 25 | 5.1% | 8.9% | ||
| Q3 25 | 4.9% | 2.3% | ||
| Q2 25 | -2.5% | 49.1% | ||
| Q1 25 | 1.0% | 9.9% | ||
| Q4 24 | 6.7% | -542.7% | ||
| Q3 24 | -2.2% | -15.6% | ||
| Q2 24 | 2.3% | 26.5% | ||
| Q1 24 | 5.2% | -19.2% |
每股收益（稀释后）IRMRUN
| Q4 25 | $0.31 | $0.38 | ||
| Q3 25 | $0.28 | $0.06 | ||
| Q2 25 | $-0.15 | $1.07 | ||
| Q1 25 | $0.05 | $0.20 | ||
| Q4 24 | $0.35 | $-12.59 | ||
| Q3 24 | $-0.11 | $-0.37 | ||
| Q2 24 | $0.12 | $0.55 | ||
| Q1 24 | $0.25 | $-0.40 |
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 | — |
| 总债务越低越好 | $16.2B | $14.7B |
| 股东权益账面价值 | $-981.0M | $3.1B |
| 总资产 | $21.1B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资IRMRUN
| Q4 25 | $158.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $155.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务IRMRUN
| Q4 25 | $16.2B | $14.7B | ||
| Q3 25 | $15.5B | $14.6B | ||
| Q2 25 | $14.8B | $14.0B | ||
| Q1 25 | $14.2B | $13.6B | ||
| Q4 24 | $13.0B | $12.9B | ||
| Q3 24 | $13.2B | $12.5B | ||
| Q2 24 | $12.8B | $12.0B | ||
| Q1 24 | $12.6B | $11.1B |
股东权益IRMRUN
| Q4 25 | $-981.0M | $3.1B | ||
| Q3 25 | $-882.0M | $3.0B | ||
| Q2 25 | $-767.4M | $2.9B | ||
| Q1 25 | $-698.5M | $2.6B | ||
| Q4 24 | $-503.1M | $2.6B | ||
| Q3 24 | $-259.0M | $5.3B | ||
| Q2 24 | $-132.9M | $5.4B | ||
| Q1 24 | $18.5M | $5.2B |
总资产IRMRUN
| Q4 25 | $21.1B | $22.6B | ||
| Q3 25 | $20.6B | $22.2B | ||
| Q2 25 | $20.2B | $21.2B | ||
| Q1 25 | $19.4B | $20.4B | ||
| Q4 24 | $18.7B | $19.9B | ||
| Q3 24 | $18.5B | $22.1B | ||
| Q2 24 | $18.0B | $21.4B | ||
| Q1 24 | $17.8B | $20.8B |
负债/权益比IRMRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | — | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | 679.18× | 2.15× |
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 | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $-16.2M | — |
| 自由现金流率自由现金流/营收 | -0.9% | — |
| 资本支出强度资本支出/营收 | 28.0% | — |
| 现金转化率经营现金流/净利润 | 5.37× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $-931.6M | — |
8季度趋势，按日历期对齐
经营现金流IRMRUN
| Q4 25 | $500.0M | $96.9M | ||
| Q3 25 | $267.6M | $-121.5M | ||
| Q2 25 | $375.1M | $-292.7M | ||
| Q1 25 | $197.3M | $-104.2M | ||
| Q4 24 | $431.6M | $-258.4M | ||
| Q3 24 | $252.9M | $-156.2M | ||
| Q2 24 | $382.2M | $-208.5M | ||
| Q1 24 | $130.0M | $-143.1M |
自由现金流IRMRUN
| Q4 25 | $-16.2M | — | ||
| Q3 25 | $-256.3M | — | ||
| Q2 25 | $-181.6M | — | ||
| Q1 25 | $-477.5M | — | ||
| Q4 24 | $-186.0M | — | ||
| Q3 24 | $-143.2M | $-156.4M | ||
| Q2 24 | $-14.6M | — | ||
| Q1 24 | $-251.1M | — |
自由现金流率IRMRUN
| Q4 25 | -0.9% | — | ||
| Q3 25 | -14.6% | — | ||
| Q2 25 | -10.6% | — | ||
| Q1 25 | -30.0% | — | ||
| Q4 24 | -11.8% | — | ||
| Q3 24 | -9.2% | -29.1% | ||
| Q2 24 | -1.0% | — | ||
| Q1 24 | -17.0% | — |
资本支出强度IRMRUN
| Q4 25 | 28.0% | — | ||
| Q3 25 | 29.9% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 42.4% | — | ||
| Q4 24 | 39.1% | — | ||
| Q3 24 | 25.4% | 0.0% | ||
| Q2 24 | 25.9% | — | ||
| Q1 24 | 25.8% | — |
现金转化率IRMRUN
| Q4 25 | 5.37× | 0.94× | ||
| Q3 25 | 3.10× | -7.33× | ||
| Q2 25 | — | -1.05× | ||
| Q1 25 | 12.15× | -2.08× | ||
| Q4 24 | 4.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 11.04× | -1.50× | ||
| Q1 24 | 1.69× | — |
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% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
