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Iron Mountain Incorporated

IRM
$121.96
$-5.17 (-4.07%)-4.07%
Closed

Iron Mountain posts record Q2 2026, beats estimates with adjusted EPS $1.44 on $2.03B revenue, raises 2026 outlook on ALM, data centers

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IndexN/A
Market Cap36.29B
Enterprise Value43.40B
Income$0.02B
Sales$1.59B
Employees28,850
P/E30.80
P/S3.55
P/B-24.98
P/C-26.30
EV/EBITDA20.83
EV/Sales27.61
EPS (ttm)3.96
Earnings2025-11-05
Gross Margin55.40%
Oper. Margin15.97%
Profit Margin1.00%
Volume2.11M
Shs Outstand0.30B
Change-4.07%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD15.25%
Perf Year-12.17%
Perf 3Y83.35%
Perf 5Y224.97%
Perf 10Y286.35%
IPO1996-02-01
Income Statement by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Revenue$6.15B$5.48B$5.10B$4.49B$4.15B$4.26B$4.23B$3.85B
Cost of Revenue$2.70B$2.36B$2.19B$1.89B$1.76B$1.83B$1.80B$1.69B
Gross Profit$3.45B$3.12B$2.91B$2.60B$2.39B$2.43B$2.42B$2.16B
Gross Margin56.15%56.98%57.11%57.98%57.63%56.99%57.37%56.18%
Operating Expenses$2.44B$2.20B$1.86B$1.75B$1.46B$1.65B$1.62B$1.53B
Operating Income$1.01B$921.78M$1.05B$854.17M$934.78M$781.34M$808.27M$634.05M
Operating Margin16.42%16.82%20.57%19.02%22.54%18.33%19.13%16.49%
Net Income$180.16M$184.23M$556.98M$450.22M$342.69M$267.38M$363.35M$183.82M
Net Margin2.93%3.36%10.91%10.02%8.26%6.27%8.60%4.78%
EPS (Basic)$0.61$0.63$1.92$1.56$1.19$0.93$1.27$0.64
EBITDA$1.91B$1.62B$1.87B$1.75B$1.47B$1.43B$1.48B$1.08B
Stock Option Compensation Expense$118.14M$73.80M$56.86M$61.00M$37.67M$35.65M$31.17M$30.02M
Price To Earnings Ratio171.16110.8926.0333.6424.7934.2125.5054.58
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market Capitalization$30.84B$20.43B$14.50B$15.15B$8.50B$9.15B$9.27B$10.03B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$18.72B$17.47B$16.14B$14.45B$14.15B$13.82B$11.85B$10.97B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$18.94B$17.08B$15.41B$13.52B$13.01B$12.35B$9.99B$8.67B
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$-503.12M$211.65M$636.67M$855.95M$1.14B$1.46B$1.86B$2.30B
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$-503.12M$211.65M$636.67M$855.95M$1.14B$1.46B$1.86B$2.30B
Total Liabilities & Stockholders Equity$18.72B$17.47B$16.14B$14.45B$14.15B$13.82B$11.85B$10.97B
Book Value Per Share$-0.77$1.33$2.52$3.21$3.94$5.10$6.50$8.65
Tangible Book Value Per Share$-22.45$-20.24$-19.17$-16.29$-16.48$-15.38$-14.31$-11.97
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on Assets0.96%1.05%3.45%3.12%2.42%1.94%3.07%1.68%
Return on Equity-35.81%87.05%87.48%52.60%30.15%18.26%19.52%8.00%
Return on Invested Capital4.55%4.85%6.40%4.73%6.83%5.12%6.91%5.70%
Quick Ratio0.550.780.810.710.640.630.831.47
Current Ratio0.550.780.810.710.640.630.831.47
Cash Flow by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Net Income$180.16M$184.23M$556.98M$450.22M$342.69M$267.38M$363.35M$183.82M
Depreciation$926.49M$793.02M$745.64M$696.97M$669.45M$674.94M$655.19M$522.38M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$1.20B$1.11B$927.70M$758.90M$987.66M$966.65M$935.55M$720.97M
Capital Expenditures$1.85B$1.35B$883.58M$624.38M$453.25M$748.46M$532.54M$418.32M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends Paid$789.53M$737.65M$724.39M$718.34M$716.29M$704.53M$673.63M$440.00M
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash Flow$-657.24M$-231.53M$44.11M$134.53M$534.40M$218.20M$403.01M$302.65M
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Yesterday · 4:14AMIron Mountain Incorporated $IRM Shares Acquired by Empowered Funds LLCdefenseworld.net ↗Aug 5 · 12:40PMIron Mountain Incorporated (IRM) Q2 2026 Earnings Call Transcriptseekingalpha.com ↗Aug 5 · 12:06PMIRM Q2 AFFO Beats Estimates on Data Center and ALM Growth, '26 View Upzacks.com ↗Aug 5 · 10:31AMCompared to Estimates, Iron Mountain (IRM) Q2 Earnings: A Look at Key Metricszacks.com ↗Aug 5 · 9:16AMIron Mountain (IRM) Q2 Earnings and Revenues Beat Estimateszacks.com ↗Aug 5 · 6:45AMIron Mountain Reports Second Quarter 2026 Resultsbusinesswire.com ↗Aug 4 · 10:15AMSeeking Clues to Iron Mountain (IRM) Q2 Earnings? A Peek Into Wall Street Projections for Key Metricszacks.com ↗Aug 3 · 4:06PMShould Iron Mountain Stock Be in Your Portfolio Ahead of Q2 Earnings?zacks.com ↗
Show 12 more stories↓
Jul 27 · 6:07AMCetera Investment Advisers Has $26.56 Million Holdings in Iron Mountain Incorporated $IRMdefenseworld.net ↗Jul 27 · 4:03AMIron Mountain Incorporated $IRM Shares Acquired by Entropy Technologies LPdefenseworld.net ↗Jul 26 · 3:53AMIron Mountain (NYSE:IRM) Trading Up 5% – Still a Buy?defenseworld.net ↗Jul 21 · 3:54AMCalifornia Public Employees Retirement System Has $51.32 Million Holdings in Iron Mountain Incorporated $IRMdefenseworld.net ↗Jul 15 · 2:01PMIs IRM Stock Worth Retaining in Your Portfolio for the Long Run?zacks.com ↗Jul 15 · 7:00AMIron Mountain Schedules Second Quarter 2026 Earnings Release and Conference Callbusinesswire.com ↗Jun 30 · 2:44PMDow Jones Medical Giant J&J Breaks Out; PNC, Iron Mountain, Fortinet In Or Near Buy Zonesinvestors.com ↗Jun 29 · 1:15PM3 Stocks to Watch From the Booming Business Information Industryzacks.com ↗Jun 27 · 8:00AMEli Lilly Leads 5 Stocks Near Buy Points As The Market Rally Rotatesinvestors.com ↗Jun 23 · 2:56PMIron Mountain Stock Up 30.2% in Three Months: Will the Trend Continue?zacks.com ↗Jun 19 · 10:51AMHere's Why Iron Mountain (IRM) is a Strong Momentum Stockzacks.com ↗Jun 17 · 8:00AMIron Mountain: High Yield and Reliable Revenue From the Largest Companiesfool.com ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
McIntosh Greg W
Sell
11.8K
$127.13
$1.5M
Aug 6, 26
Samuels Theodore R. II
Award
99.06
—
—
Jul 6, 26
Simons Doyle
Award
339.36
—
—
Jul 6, 26
Samuels Theodore R. II
Award
310.86
—
—
Jul 2, 26
Kidd Mark
Sell
6.0K
$125.62
$754K
Jul 1, 26

Company

CEO: William L. MeaneyEmployees: 29400www.ironmountain.com
About the company↓

Established in 1951, Iron Mountain Incorporated (NYSE: IRM) has become the world's foremost authority in storage and information management solutions. More than 225,000 organizations globally trust Iron Mountain with their critical assets. With an extensive physical infrastructure spanning over 90 million square feet, the company operates approximately 1,450 facilities in around 50 countries. Within this vast network, Iron Mountain safeguards billions of valued items, including vital corporate records, highly confidential digital assets, and invaluable cultural and historical artifacts. Their comprehensive suite of offerings encompasses secure document archiving, robust information governance, digital transformation initiatives, confidential destruction services, along with advanced data centers, cloud computing solutions, and specialized art storage and logistics. These services empower clients to mitigate costs and risks, ensure regulatory compliance, facilitate swift disaster recovery, and enable a more efficient, digital-first operational model.

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