IRM · Iron Mountain Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.94B | - | $1.75B | $1.71B | $1.59B | - | $1.56B | $1.53B | $1.48B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $372.76M | - | $335.25M | $390.46M | $329.74M | - | $341.93M | $344.84M | $319.46M | - |
| Total Operating Expenses | $1.54B | - | $1.45B | $1.45B | $1.34B | - | $1.31B | $1.30B | $1.23B | - |
| D&A | $267.84M | - | $262.20M | $252.57M | $232.15M | - | $232.24M | $224.50M | $209.56M | - |
| Operating Income | $395.23M | - | $308.59M | $259.90M | $254.29M | - | $251.16M | $230.29M | $245.62M | - |
| Interest Expense | $223.82M | - | $186.07M | $176.52M | $164.52M | - | - | - | - | - |
| Income Tax | $27.12M | - | $16.59M | $16.30M | $14.84M | - | $12.40M | $13.32M | $16.61M | - |
| Net Income | $143.66M | - | $84.29M | ($44.92M) | $15.95M | - | ($33.62M) | $35.78M | $74.06M | - |
| EPS - Basic | $0.48 | - | $0.28 | ($0.15) | $0.05 | - | ($0.11) | $0.12 | $0.25 | - |
| EPS - Diluted | $0.48 | - | $0.28 | ($0.15) | $0.05 | - | ($0.11) | $0.12 | $0.25 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $250.71M | $158.53M | $195.21M | $217.99M | $155.34M | $155.72M | $168.51M | $144.26M | $191.66M | $222.79M |
| Accounts Receivable | $1.42B | $1.44B | $1.37B | $1.39B | $1.31B | $1.29B | $1.24B | $1.27B | $1.27B | $1.26B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $782.55M | $710.66M | $658.14M | $650.91M | $707.58M | $678.72M | $586.79M | $527.97M | $524.90M | $539.59M |
| Current Assets | $2.04B | $1.93B | $1.88B | $1.90B | $1.75B | $1.69B | $1.72B | $1.71B | $1.74B | $1.74B |
| Total Assets | $21.49B | $21.13B | $20.63B | $20.18B | $19.36B | $18.72B | $18.47B | $17.97B | $17.83B | $17.47B |
| Current Liabilities | $2.66B | $2.62B | $2.86B | $3.00B | $2.84B | $3.09B | $2.31B | $2.16B | $2.03B | $2.24B |
| Long-term Debt | $16.89B | $16.22B | $15.49B | $14.82B | $14.18B | $13.00B | $13.25B | $12.81B | $12.59B | $11.81B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($1.22B) | ($981.01M) | ($881.96M) | ($767.44M) | ($698.52M) | ($503.12M) | ($259.01M) | ($132.87M) | $18.54M | $211.65M |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $338.55M | - | - | - | $197.30M | - | - | - | $130.04M | - |
| Investing Cash Flow | ($531.47M) | - | - | - | ($766.77M) | - | - | - | ($525.61M) | - |
| Financing Cash Flow | $271.22M | - | - | - | $578.83M | - | - | - | $362.10M | - |
| CapEx | $518.01M | - | - | - | $674.77M | - | - | - | $381.14M | - |
| Free Cash Flow | ($179.46M) | - | - | - | ($477.47M) | - | - | - | ($251.11M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 20.4% | - | 17.6% | 15.2% | 16.0% | - | 16.1% | 15.0% | 16.6% | - |
| EBITDA margin | 34.2% | - | 32.5% | 29.9% | 30.5% | - | 31.0% | 29.6% | 30.8% | - |
| Net margin | 7.4% | - | 4.8% | -2.6% | 1.0% | - | -2.2% | 2.3% | 5.0% | - |
| Free cash flow margin | -9.3% | - | - | - | -30.0% | - | - | - | -17.0% | - |
| FCF / Net income | -1.25 | - | - | - | -29.93 | - | - | - | -3.39 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.3% | - | 19.1% | 22.8% | 20.7% | - | 22.0% | 22.5% | 21.6% | - |
| Effective tax rate | 15.9% | - | 16.4% | - | 48.2% | - | - | 27.1% | 18.3% | - |
| Return on assets | 0.7% | - | 0.4% | -0.2% | 0.1% | - | -0.2% | 0.2% | 0.4% | - |
| Return on equity | -11.8% | - | -9.6% | 5.9% | -2.3% | - | 13.0% | -26.9% | 399.6% | - |
| Return on invested capital | 2.1% | - | 1.8% | 1.5% | 1.0% | - | 1.5% | 1.3% | 1.6% | - |
| Liquidity | ||||||||||
| Current ratio | 0.77 | 0.74 | 0.66 | 0.63 | 0.62 | 0.55 | 0.75 | 0.79 | 0.86 | 0.78 |
| Quick ratio | 0.77 | 0.74 | 0.66 | 0.63 | 0.62 | 0.55 | 0.75 | 0.79 | 0.86 | 0.78 |
| Cash ratio | 0.09 | 0.06 | 0.07 | 0.07 | 0.05 | 0.05 | 0.07 | 0.07 | 0.09 | 0.10 |
| Leverage | ||||||||||
| Debt / Equity | -13.90 | -16.53 | -17.57 | -19.31 | -20.30 | -25.85 | -51.14 | -96.44 | 679.18 | 55.81 |
| Debt / Assets | 0.79 | 0.77 | 0.75 | 0.73 | 0.73 | 0.69 | 0.72 | 0.71 | 0.71 | 0.68 |
| Debt / EBITDA | 25.47 | - | 27.15 | 28.92 | 29.14 | - | 27.40 | 28.18 | 27.66 | - |
| Interest coverage | 1.8x | - | 1.7x | 1.5x | 1.5x | - | - | - | - | - |
| Equity multiplier | -17.68 | -21.53 | -23.39 | -26.29 | -27.72 | -37.20 | -71.31 | -135.22 | 961.94 | 82.56 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.09 | 0.08 | 0.08 | - | 0.08 | 0.09 | 0.08 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 269d | - | 285d | 296d | 301d | - | 291d | 303d | 313d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 212.8x | - | 364.1x | - | 1720.8x | - | - | 746.8x | 320.8x | - |
| P / B | - | - | - | - | - | - | - | - | 1277.6x | - |
| P / S | 15.8x | - | 17.3x | 17.7x | 16.1x | - | 22.4x | 17.3x | 16.0x | - |
| EV / EBITDA | 71.1x | - | 80.0x | 87.6x | 81.4x | - | 99.2x | 86.2x | 79.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 21.6% | - | 12.6% | 11.6% | 7.8% | - | 12.2% | 13.0% | 12.4% | - |
| Revenue CAGR (3y) | 13.8% | - | 10.9% | 9.9% | 8.5% | - | 11.3% | 11.1% | 10.9% | - |
| Revenue CAGR (5y) | 12.3% | - | 11.1% | 11.8% | 8.3% | - | 8.0% | 7.5% | 7.0% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 55.4% | - | 22.9% | 12.9% | 3.5% | - | 5.6% | 8.4% | 2.1% | - |
| Net income growth (YoY) | 800.6% | - | - | - | -78.5% | - | - | 31288.6% | 14.7% | - |
| EPS growth (YoY) | 860.0% | - | - | - | -80.0% | - | - | - | 13.6% | - |
| EPS CAGR (3y) | 29.7% | - | 6.8% | - | -29.1% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | 16.6% | - | -25.6% | - | - | -17.8% | 20.1% | - |
| FCF growth (YoY) | 62.4% | - | - | - | -90.1% | - | - | - | -83.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -73.9% | -95.0% | -240.5% | -477.6% | - | - | - | - | -96.6% | -66.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$13.00B totalReportable Segment Aggregation Before Other Operating Segment$6.09B · 46.9%
Global Recordsand Information Management Business$5.29B · 40.7%
Corporate And Other$806.83M · 6.2%
Global Data Center Business$803.43M · 6.2%
Product / service
$13.00B totalRecords Management$4.21B · 32.4%
Storage Rental$4.05B · 31.2%
Service$2.85B · 21.9%
Data Center$803.43M · 6.2%
Information Destruction$577.91M · 4.4%
Data Management$504.66M · 3.9%
Geographic
$6.90B totalUS$4.57B · 66.3%
Other International$1.55B · 22.5%
GB$472.61M · 6.8%
CA$302.42M · 4.4%
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing IRON MOUNTAIN INC against the 5 most active filers in the same SIC group.
Dividends
$3.30/share trailing 12 months · +15.1% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $0.8640 |
| Dec 15, 2025 | $0.8640 |
| Sep 15, 2025 | $0.7850 |
| Jun 16, 2025 | $0.7850 |
| Mar 17, 2025 | $0.7850 |
| Dec 16, 2024 | $0.7150 |
| Sep 16, 2024 | $0.7150 |
| Jun 17, 2024 | $0.6500 |
| Mar 14, 2024 | $0.6500 |
| Dec 14, 2023 | $0.6500 |
| Sep 14, 2023 | $0.6500 |
| Jun 14, 2023 | $0.6190 |
| Mar 14, 2023 | $0.6190 |
| Dec 14, 2022 | $0.6190 |
| Sep 14, 2022 | $0.6190 |
| Jun 14, 2022 | $0.6190 |
| Mar 14, 2022 | $0.6190 |
| Dec 14, 2021 | $0.6190 |
| Sep 14, 2021 | $0.6190 |
| Jun 14, 2021 | $0.6190 |
| Mar 12, 2021 | $0.6190 |
| Dec 14, 2020 | $0.6190 |
| Sep 14, 2020 | $0.6190 |
| Jun 12, 2020 | $0.6190 |