Iron Mountain Incorporated

Iron Mountain Incorporated

IRM
Iron Mountain IncorporatedUS flagNew York Stock Exchange
128.46
USD
+2.08
- -
38.22BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.84
15.97
14.27
14.26
14.46
14.78
14.85
14.39
15.52
17.55
18.68
20.96
23.36
24.48
Basic EPS, GAAP
0.51
1.67
0.58
0.43
0.64
1.24
0.93
1.19
1.56
1.92
0.63
0.61
0.49
0.92
Free Cash Flow per Basic Share
2.5
2.25
2.31
2
2.43
3.02
3.18
3.38
2.58
3.16
3.78
3.87
4.28
4.77
Dividend per Share
1.08
2.78
1.93
2.05
1.65
2.36
2.46
2.49
2.48
2.49
2.51
2.69
3.11
3.28
Book Value per Share
0.37
-3.37
-4.46
-5.45
-6.63
-7.47
-8.96
-10.23
-11.12
-11.65
-13.47
-15.61
-18.29
-18.68
Tangible Book Value per Share
-10.57
-11.08
-11.57
-13.15
-11.93
-14.31
-15.38
-16.48
-16.29
-19.17
-20.14
-22.45
-24.37
-24.94
Basic Weighted Avg Shares
191
195
211
246
266
286
287
288
289
291
293
293
295
296
Sales/Revenue/Turnover
3,025
3,118
3,008
3,511
3,846
4,226
4,263
4,147
4,492
5,104
5,480
6,150
6,902
7,245
Operating Margin (%)
16.56
18.11
19.61
17.99
19.14
19.02
18.28
19.02
20.07
20.5
20.26
19.72
20.34
20.55
Depreciation Expense
322
353
345
452
522
655
675
669
697
746
793
926
1,057
1,093
Net Income, GAAP
96
326
123
105
170
354
267
343
450
557
184
180
145
272
Effective Tax Rate (%)
38.86
- -
23.27
30.65
11.43
10.42
18.26
7.94
28.03
11
17.58
24.89
27.91
19.99
Profit Margin (%)
3.19
10.46
4.1
2.99
4.42
8.38
6.27
8.26
10.02
10.91
3.36
2.93
2.09
3.76
Working Capital
-35
61
16
66
620
-283
-713
-726
-577
-370
-501
-1,396
-685
-614
LT Debt
4,119
4,564
4,758
6,078
6,897
8,016
10,004
10,554
11,134
12,911
14,375
15,339
18,516
19,168
Total Equity
1,052
870
529
1,937
2,299
1,862
1,464
1,137
929
732
390
-227
-645
-875
Return on Invested Capital (%)
6.03
- -
8.38
6.5
7.45
7.41
5.73
5.96
5.24
7.02
6.3
5.85
5.89
6.8
Return on Capital (%)
6.06
- -
8.28
7.31
9.59
12.85
8.75
9.14
9.08
10.71
6.42
6.32
5.74
7.15
Return on Common Equity (%)
75.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
699
535
217
LT Borrowings
15,494
16,216
16,886
LT Finance Leases
2,284
2,300
2,282
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
296
296
297
Market Capitalization
30,057
24,504
30,232

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,881
1,935
2,043
Cash, Cash Equivalents & STI
195
159
251
Accounts Receivable, Net
1,371
1,444
1,425
Inventories
- -
- -
- -
Total Current Liabilities
2,856
2,619
2,658
Payables & Accruals
1,809
1,405
2,054
ST Debt
699
535
217
Deferred Revenue
347
402
386

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.27%
-11.93%
184.72%
Free Cash Flow
11.26%
6.87%
11.48%
Net Income, GAAP
12.53%
-6.76%
-19.74%
Sales/Revenue/Turnover
8.81%
10.75%
12.23%
Total Cash Common Dividend
9.72%
5.29%
16.45%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,477
1,534
1,557
1,581
6,150
2025
1,593
1,712
1,754
1,843
6,902
2026
1,936
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.12
-0.11
0.35
0.61
2025
0.05
-0.15
0.28
0.3
0.49
2026
0.48
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.68
0.65
0.65
0.71
2.69
2025
0.76
0.78
0.78
0.78
3.11
2026
0.93
- -
- -
- -
- -

Company Description

APIChat
CEO
William L. Meaney
Full Time Employees
28,850
Sector
Real Estate
Industry
REIT - Specialty
Address
85 New Hampshire Avenue Portsmouth NH United States of America 03801
IPO Date
Feb 1, 1996
Business
Iron Mountain Incorporated provides information management services, including records and information management, data centers, secure shredding and destruction, digital transformation solutions, IT asset lifecycle management, and warehousing and logistics. The company offers records and document storage; secure shredding and wholesale destruction services; data center colocation and infrastructure across more than 30 facilities on three continents; InSight digital platform solutions encompassing content management, intelligent document processing, and information governance advisory services; asset lifecycle management including IT asset disposition, data center decommissioning, and hardware asset management; warehousing, fulfillment, and transportation; media and entertainment services; vital records storage; and invoice processing and business process management. Founded in 1951 and headquartered in Portsmouth, New Hampshire, Iron Mountain operates in 58 countries across North America, Europe, Latin America, Africa, Asia, and Oceania, serving over 220,000 customers including approximately 95% of Fortune 1000 companies. Recent developments include the January 2024 acquisition of Regency Technologies for $200 million to enhance IT asset disposition capabilities; the April 2025 acquisition of Mumbai-based data center provider Web Werks to expand into cloud computing and managed IT services in India; a joint venture with Ooredoo to strengthen Middle East data center presence; the September 2025 acquisition of ACT Logistics contributing to revenue growth; a $714 million five-year U.S. Department of the Treasury contract for digitization services; and November 2024 acquisition of two Virginia data center development sites exceeding 100 acres and 350 MW capacity, alongside plans for $1.8 billion in growth capital investments in 2025 targeting 125 MW of additional data center leasing.

Company News

APIChat
  • 3 Reasons Growth Investors Will Love Iron Mountain (IRM)

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  • Iron Mountain stock just hit a crucial resistance after earnings: is it a good buy?

  • Iron Mountain's Q1 AFFO Tops Estimates on Data Center, ALM Strength

  • Iron Mountain Incorporated (IRM) Q1 2026 Earnings Call Transcript

  • Iron Mountain (IRM) Reports Q1 Earnings: What Key Metrics Have to Say

  • Iron Mountain (IRM) Surpasses Q1 Earnings and Revenue Estimates

  • Iron Mountain raises annual forecast on AI-fueled data center boom

  • Iron Mountain Reports First Quarter 2026 Results

  • Wall Street's Insights Into Key Metrics Ahead of Iron Mountain (IRM) Q1 Earnings

  • Verisk Analytics (VRSK) Q1 Earnings and Revenues Surpass Estimates

  • Should Iron Mountain Stock Be in Your Portfolio Ahead of Q1 Earnings?

  • Iron Mountain (NYSE:IRM) Reaches New 52-Week High – Should You Buy?

  • Iron Mountain Named 2026 Google Cloud Partner of the Year, Business Applications: Media & Entertainment

  • Iron Mountain Inc (IRM) Shares Surge 3.7% -- What GF Score of 87 Tells Investors