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IRM · Iron Mountain Inc · Financials

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$109.96 -0.70 (-0.63%)
Market Cap
$32.94B
Shares
297.70M
Volume · Oct 23 948.45K Avg daily vol (3M) 1.6M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$6.9B +12.2%
FY2025 Revenue FY2016–FY2025
Net Income
$152.25M -17.1%
FY2025 Net Income FY2008–FY2025
Operating Margin
16.86% +0.4pp
FY2025 Operating Margin FY2016–FY2025
Diluted EPS
$0.49 -19.7%
FY2025 Diluted EPS FY2008–FY2025
Operating Cash Flow
$1.34B +12%
FY2025 Operating Cash Flow FY2008–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008
$7.94B – $8.01B $7.56B $6.9B $6.15B $5.48B $5.1B $4.49B $4.15B $4.26B $4.23B $3.85B $3.51B — — — — — — — —
— — — — -$585.93M -$488.01M -$417.96M -$418.54M -$419.3M -$409.65M -$353.65M -$310.66M -$263.87M -$260.72M -$254.17M — — — — —
— — — — — — $2.87B $2.75B $2.68B $2.62B — — — — — — — — — —
— $1.45B $1.39B $1.34B $1.24B $1.14B $1.02B $949.22M $991.66M $1.01B $937.18M $988.33M $844.96M $869.57M $924.03M $850.37M $834.59M $772.81M $749.93M $882.36M
— — — — $250.31M $248.61M $215.35M $204.51M $201.88M $186.77M $116.09M $86.8M $44.25M $48.59M $39.18M $35.75M $28.86M $25.45M $24.13M —
— $1.09B $1.02B $900.91M $776.16M $727.6M $680.42M $652.07M $658.2M $639.51M $522.38M $452.33M $345.46M $353.14M $322.04M $316.34M $319.5M $304.21M $277.19M $290.74M
— — — — — — $206.43M $194.4M $48.6M $0 $0 — — — — — — — — —
— $6.14B $5.74B $5.14B $4.56B $4.05B $3.64B $3.21B $3.48B $3.42B $3.21B $3.01B $2.48B $2.57B $2.54B $2.45B $2.44B $2.34B $2.23B $2.56B
— $1.42B $1.16B $1.01B $921.78M $1.05B $854.17M $934.79M $781.34M $808.27M $634.05M $501.61M $524.53M $549.28M $489.25M $555.47M $571.2M $547.55M $545.23M $492.53M
— — 16.86% 16.42% 16.82% 20.57% 19.02% 22.54% 18.33% 19.13% 16.49% 14.28% — — — — — — — —
— $2.51B $2.19B $1.91B $1.7B $1.78B $1.53B $1.59B $1.44B $1.45B $1.16B $953.93M $869.99M $902.42M $811.28M $871.81M $890.7M $851.75M $822.41M $783.27M
— $876.8M $829.34M $721.56M $585.93M $488.01M — — — — — — — $260.72M $254.17M $242.6M $205.26M $204.56M $212.55M $236.64M
— $12.15M $17.13M $14.67M $12.47M $8.28M $7.34M $8.31M $6.56M $6.55M $7.66M $7.56M $3.98M $2.44M $4.21M $2.42M $2.31M $1.79M $2.56M $5.49M
— -$37.4M -$123.3M -$43.42M -$108.64M $69.78M $192.8M -$143.55M -$33.9M $11.69M -$79.43M -$44.3M -$98.59M -$65.19M -$75.2M -$16.06M -$13.04M -$8.77M $12.6M -$31.03M
— — — — — — — — — — — $2.31M $1.06M $10.51M — — — — — —
— — — — — — — — $0 $0 $0 $0 $0 $0 $0 — — — — —
— $504.19M $211.19M $244.54M $227.21M $631.64M $629.02M $372.71M — — — — — — $163.02M $298.37M $352.9M $334.22M $345.28M $224.87M
— $69.72M $58.93M $60.87M $39.94M $69.49M $176.29M $29.61M $59.93M $42.75M $22.96M $44.94M $37.71M -$97.28M $62.13M $114.3M $106.49M $167.48M $113.76M $142.92M
— $434.46M $152.25M $183.67M $187.26M $562.15M $452.73M $343.1M $268.32M $355.13M $171.72M $107.23M $125.2M $328.75M $99.99M $174.05M $399.59M -$53.9M $220.88M $82.04M
— — 2.21% 2.99% 3.42% 11.01% 10.08% 8.27% 6.29% 8.4% 4.47% 3.05% — — — — — — — —
— $15.81M $7.66M $3.51M $3.03M $5.17M $2.51M $403K $938K $1.2M $1.61M $2.41M $1.96M $2.63M $3.53M $3.13M $4.05M $4.91M $1.43M -$94K
— $418.66M $144.59M $180.16M $184.23M $556.98M $450.22M $342.69M $267.38M $353.93M $170.11M $104.82M $123.24M $326.12M $96.46M $170.92M $395.54M -$57.59M $217.95M —
— $366.95M $345.54M -$18.64M $255.08M $453.33M $367.77M $349.38M $270.46M $192.26M $278.7M $67.17M $23.36M $259.75M $67.49M $193.44M $363.85M -$55.77M $286.83M -$33.24M
USD/shares — $1.41 $0.49 $0.61 $0.63 $1.92 $1.56 $1.19 $0.93 $1.24 $0.64 $0.43 $0.58 $1.67 $0.51 $0.98 $2.03 -$0.29 $1.07 $0.41
USD/shares — $1.41 $0.49 $0.61 $0.63 $1.90 $1.55 $1.19 $0.93 $1.23 $0.64 $0.42 $0.58 $1.66 $0.50 $0.98 $2.02 -$0.29 $1.07 $0.40
shares — — 295.4M 293.37M 291.94M 290.81M 289.46M 288.18M 286.97M 285.91M 265.9M 246.18M 210.76M 195.28M 190.99M 173.6M 194.78M 201.99M 202.81M 201.28M
shares — — 297.82M 296.23M 293.97M 292.44M 290.98M 288.64M 287.69M 286.65M 266.84M 247.27M 212.12M 196.75M 192.41M 174.87M 195.94M 201.99M 204.27M 203.29M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $1.13B in buybacks, $8.61B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current finance lease liabilities 2026-06-30 USD 63,245,000 10-Q filed 2026-08-05
Current long-term debt and lease obligations 2026-06-30 USD 220,809,000 10-Q filed 2026-08-05
Current operating lease liabilities 2026-06-30 USD 332,177,000 10-Q filed 2026-08-05
Long-term debt, including current maturities 2026-06-30 USD 17,349,649,000 10-Q filed 2026-08-05
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 220,809,000
Noncurrent debt carrying amount
USD 17,128,840,000
Noncurrent finance lease liabilities 2026-06-30 USD 490,672,000 10-Q filed 2026-08-05
Noncurrent long-term debt and lease obligations 2026-06-30 USD 17,128,840,000 10-Q filed 2026-08-05
Noncurrent operating lease liabilities 2026-06-30 USD 2,265,294,000 10-Q filed 2026-08-05
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

6.250% Senior Notes due 2035

Note · Iron Mountain Incorporated

Reference: 6.250% Senior Notes due 2035

Active
Original principal
USD 1,500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Jan 15, 2035

Last reported interest terms: 6.25% Reported 2026-06-26 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-06-26 Original principal USD 1,500,000,000 Exact source document Parent 8-K filing · 2026-06-26
    On June 26, 2026, Iron Mountain Incorporated (the “Company”) completed a private offering of $1,500,000,000 in aggregate principal amount of 6.250% Senior Notes due 2035 (the “Notes”), sold at 100.00% of par. The net proceeds from the offering were approximately $1,481.8 million, after deducting discounts to the initial purchasers and estimated offering expenses. The Company intends to use the net proceeds from the offering of the Notes to repay all or a portion of the outstanding borrowings under the Company’s revolving credit facility and to pay related fees and expenses, with any remaining proceeds to be used for general corporate purposes.
    Issuer evidence: On June 26, 2026, Iron Mountain Incorporated (the “Company”) completed a private offering of $1,500,000,000 in aggregate principal amount of 6.250% Senior Notes due 2035 (the “Notes”), sold at 100.00% of par. The net proceeds from the offering were approximately $1,481.8 million, after deducting discounts to the initial purchasers and estimated offering expenses. The Company intends to use the net proceeds from the offering of the Notes to repay all or a portion of the outstanding borrowings under the Company’s revolving credit facility and to pay related fees and expenses, with any remaining proceeds to be used for general corporate purposes.
    Supporting evidence: The Company will pay 6.250% interest per annum on the principal amount of the Notes, payable semi-annually on January 15 and July 15 of each year. Interest on the Notes will accrue from June 26, 2026, and the first interest payment date for the Notes will be January 15, 2027. The Notes will mature on January 15, 2035, unless they are earlier redeemed or repurchased in accordance with the terms set forth in the Indenture.
    Supporting evidence: On June 26, 2026, Iron Mountain Incorporated (the “Company”) completed a private offering of $1,500,000,000 in aggregate principal amount of 6.250% Senior Notes due 2035 (the “Notes”), sold at 100.00% of par. The net proceeds from the offering were approximately $1,481.8 million, after deducting discounts to the initial purchasers and estimated offering expenses. The Company intends to use the net proceeds from the offering of the Notes to repay all or a portion of the outstanding borrowings under the Company’s revolving credit facility and to pay related fees and expenses, with any remaining proceeds to be used for general corporate purposes.
    Supporting evidence: On June 26, 2026, Iron Mountain Incorporated (the “Company”) completed a private offering of $1,500,000,000 in aggregate principal amount of 6.250% Senior Notes due 2035 (the “Notes”), sold at 100.00% of par. The net proceeds from the offering were approximately $1,481.8 million, after deducting discounts to the initial purchasers and estimated offering expenses. The Company intends to use the net proceeds from the offering of the Notes to repay all or a portion of the outstanding borrowings under the Company’s revolving credit facility and to pay related fees and expenses, with any remaining proceeds to be used for general corporate purposes.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
—
Peer median 10.56×
EV/EBIT
—
Peer median 24.01×
P/E (TTM)
78.48×
Peer median 27.31×
P/FFO (TTM)
36.64×
Peer median 19.04×
P/AFFO (TTM)
20.35×
Peer median 17.24×

Peer medians compare against the 11 similar-size REIT - Specialty companies (of 20 listed).

P/FFO and P/AFFO use the company-stated “FFO (Nareit)” and “AFFO”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

P/FFO and P/AFFO and EV/Adj. EBITDA use the company-stated “FFO (Nareit)” and “AFFO” and “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Global Records and Information Management Business $5,291,481,000 $4,979,438,000 $4,661,776,000 $4,295,115,000 $3,994,988,000 $3,748,604,000 $3,812,433,000 $3,842,600,000
Corporate And Other $806,827,000 $550,443,000 $323,487,000 $407,334,000 $169,645,000 $119,354,000 $193,000,000 $154,178,000
Global Data Center Business $803,429,000 $620,028,000 $495,026,000 $401,125,000 $326,898,000 $279,312,000 $257,151,000 $228,983,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
United States $4,573,462,000 $4,008,402,000 $3,507,134,000 $3,262,755,000 $2,713,147,000 $2,577,084,000 $2,632,586,000 $2,579,847,000
Other International $1,553,243,000 $1,411,861,000 $1,299,913,000 $1,237,427,000 $1,082,893,000 $963,844,000 $968,523,000 $960,049,000
United Kingdom $472,611,000 $426,462,000 $393,917,000 $332,556,000 $294,675,000 $247,667,000 $274,931,000 $280,993,000
Canada $302,421,000 $303,184,000 $279,325,000 $270,836,000 $252,385,000 $224,860,000 $243,033,000 $249,505,000
Australia — — — — $148,431,000 $133,815,000 $143,511,000 $155,367,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Records Management $4,383,195,000 $4,061,475,000 $3,771,653,000 $3,425,082,000 $3,200,176,000 $2,954,271,000 $2,995,146,000 $2,967,922,000
Information Destruction $1,210,451,000 $953,100,000 $693,416,000 $767,075,000 $435,041,000 $358,786,000 $426,159,000 $432,312,000
Data Center $803,429,000 $620,028,000 $495,026,000 $401,125,000 $326,898,000 $279,312,000 $257,151,000 $228,983,000
Data Management $504,662,000 $515,306,000 $520,194,000 $510,292,000 $529,416,000 $554,901,000 $584,128,000 $596,544,000
Key facts CIK 1020569 CUSIP 46284V101 13F (30d) 277 filings 267 filers Visit website Investor relations