IRMNYSEReal Estate Investment TrustsFiscal year ends December 31
IRON MOUNTAIN INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$111.55−0.96 (-0.85%)
Close on Oct 19, 2026
- Market cap
- $33.45B
- P/E (TTM)
- 79.7
- Dividend yield
- 2.89%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
55.4%−2.2 pts over 5 years
Operating margin
16.9%−5.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +12.2% | +10.6% | +10.7% | +8.7% | |
| Gross profit | +10.7% | +9.5% | +9.8% | – | |
| Operating income | +15.3% | +3.5% | +4.5% | +8.3% | |
| EPS, diluted | -19.7% | -36.3% | -16.3% | -1.7% | |
| Dividend per share | +17.9% | +9.2% | +5.4% | +5.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 1.06 | 0.64 | 0.74 | |
| Debt to equity | 3.23 | 7.66 | -16.75 | |
| Net debt to EBITDA | 6.31× | 5.36× | 7.44× | |
| Interest coverage | – | – | 1.4× | |
| Capex to revenue | 9.4% | 10.6% | 32.9% | |
| Diluted shares | 247M | 289M | 298M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Iron Mountain generated $5.34B from operations and spent $10.78B on capital expenditure, dividends and share buybacks. 64% of that went back into the business.
Generated
$5.34B
Used
$10.78B
Capital expenditure$6.89B64%Dividends$3.89B36%Share buybacks$00%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$1.34B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$1.34B vs –
- Less leverageLong-term debt to assets fell69.5% → 76.8%
- Better liquidityCurrent ratio rose0.55 → 0.74
- No dilutionShare count did not rise296M → 298M
- Gross margin improvedGross margin up on the prior year56.15% → 55.38%
- More efficientAsset turnover rose0.35 → 0.37