MARKETS / NYSE / IRM

NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Iron Mountain Inc. IRM

18 fiscal years on record · USD · FY2025 reported · SEC filings only

3 YEARS OF DIVIDEND GROWTH

Revenue

$6.9B

▲ 12.2% YoY

Net income

$152.3M

▼ 17.1% YoY

Free cash flow

$-931.6M

Growth

USD 6.9B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 6.9 · Net income 0.2

Compound annual growth

Revenue

+10.6%

+10.7%

+8.7%

+6.0%

Net income

−35.3%

−15.0%

+2.0%

EPS, diluted

−36.3%

−16.3%

−1.7%

Dividend / share

+9.2%

+5.4%

+15.4%

Returned to shareholders

+8.3%

+5.1%

+8.5%

+12.9%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +10.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

2 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 16.9% · Net 2.2%

ROE

FY2023 · ROE 44.1%

Gross margin55.4%

Operating margin16.9%

Net margin2.2%

Return on assets0.8%

EBITDAUSD 2.2B

Cash & shareholders

USD 919.4M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -931.6

Net buybacks $M Dividends $M

FY2025 · Dividends 919.4 · Net buybacks —

Dividends paidUSD 919.4M

Net buybacks—

Share of profit603.9%

Consecutive raises3 years

USD 919.4M in dividends — 604% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 21.1B

EquityUSD -981.0M

CashUSD 158.5M

Gross debtUSD 16.4B

Net debtUSD 16.3B

Current ratio0.74×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	6.9	6.1	5.5	5.1	4.5	4.1	1.6	1.6	3.8	3.5	3.0	3.1	3.0	3.0	3.0	2.9	2.8	3.1
Operating income $B	1.2	1.0	0.9	1.0	0.9	0.9	0.8	0.8	0.6	0.5	0.5	0.5	0.5	0.6	0.6	0.5	0.5	0.5
EBITDA $B	2.2	1.9	1.7	1.8	1.5	1.6	1.4	1.4	1.2	1.0	0.9	0.9	0.8	0.9	0.9	0.9	0.8	0.8
Income tax $B	0.1	0.1	0.0	0.1	0.2	0.0	0.1	0.0	0.0	0.0	0.0	−0.1	0.1	0.1	0.1	0.2	0.1	0.1
Net income $B	0.2	0.2	0.2	0.6	0.5	0.3	0.3	0.4	0.2	0.1	0.1	0.3	0.1	0.2	0.4	−0.1	0.2	0.1
Free cash flow $B	−0.9	−0.6	−0.2	0.1	0.1	0.5	0.3	0.5	0.4	0.2	0.3	0.1	0.2	0.2	0.4	0.4	0.3	0.2
EPS, diluted $	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
Dividend / sh $	3.22	2.73	2.54	2.47	2.47	2.47	2.45	2.38	2.27	2.04	1.91	5.37	1.08	5.12	0.94	0.38	·	·
Payout %	604	430	394	129	159	209	263	190	256	472	325	165	207	183	43	−70	·	·
ROE %	·	·	44.1	75.3	45.4	26.4	16.1	17.1	8.1	8.8	18.3	34.6	9.1	14.5	25.0	−2.6	10.3	·
Shares out B	0.30	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.28	0.26	0.21	0.21	0.19	0.19	0.17	0.20	0.20	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Iron Mountain Inc.vsEquinix Inc.Same industry: Real Estate Investment Trusts Iron Mountain Inc.vsPrologis, Inc.Same industry: Real Estate Investment Trusts Iron Mountain Inc.vsWelltower Inc.Same industry: Real Estate Investment Trusts Iron Mountain Inc.vsWeyerhaeuser Co.Same industry: Real Estate Investment Trusts Iron Mountain Inc.vsSimon Property Group Inc.Same industry: Real Estate Investment Trusts Iron Mountain Inc.vsHost Hotels & Resorts, Inc.Same industry: Real Estate Investment Trusts Iron Mountain Inc.vsVentas, Inc.Same industry: Real Estate Investment Trusts

Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityReal Estate Investment Trusts

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2008