Iron Mountain logo

Iron Mountain

IRMNYSEStock Fundamentals

Iron Mountain is a global leader in information management services, operating as a real estate investment trust (REIT). The company provides a comprehensive suite of solutions that bridge physical and digital assets, including records management, data center operations, and asset lifecycle management. They leverage a vast global footprint to help organizations protect, store, and extract value from their information while ensuring security and regulatory compliance.

Market Cap$38.0B
Revenue TTM$7.2B
Net Income TTM$285.0M
P/E Ratio133.35
Net Margin3.93%
EPS TTM$0.92
Free Cash Flow TTM-$633.6M
Employees27.0K
CEOWilliam L. Meaney
CountryUnited States of America
Real Estate
REIT - Specialty
SegmentsSpecialty REIT, Information Management Services, Data Center Operations
Business ModelsB2B Service Provider, Leasing and Rental, Subscription SaaS, REIT
Most Recent EarningsApr 30, 2026 · 17 days agoQ1 2026
View report
Next EarningsAug 5, 2026 · in 3 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin55.02%
Op. Margin18.01%
ROE-29.79%
D/E-1,661.23%
Current Ratio0.769
Total Debt$20.2B
Cash$250.7M
CapEx TTM$2.1B

Gross Profit

View metric

Net Income

View metric

Operating Cash Flow

View metric

Free Cash Flow

View metric

EPS (Diluted)

View metric

Business Segments

Records Management

primary

The company's foundational business focused on the physical storage and management of business records. It emphasizes secure chain of custody and volume growth across global markets, including emerging regions.

Products

Physical Records Storage, Records Management Services

Customers

Commercial, Legal, Financial, Healthcare, Government

Digital Solutions

major

Provides technology-driven services to support customers' digital transformation and data accessibility needs. This segment focuses on unlocking 'dark data' and improving operational efficiency through advanced software platforms.

Products

Insight Digital Experience Platform (DXP), Digital Transformation Services, Information Security Services

Customers

Technology, Insurance, Life Sciences, Business Services

Data Center

major

Operates a global network of data centers providing colocation and wholesale capacity. The business serves hyperscale and enterprise customers, focusing on leasing capacity and expanding its megawatt footprint.

Products

Data Center Colocation, Hyperscale Data Center Leases

Customers

Hyperscale Cloud Providers, Enterprise Organizations

Asset Lifecycle Management (ALM)

moderate

Focuses on the secure and sustainable management of IT assets throughout their lifecycle. This includes the disposition, recycling, and secure destruction of hardware and electronic media.

Products

IT Asset Disposition (ITAD), Secure Asset Destruction

Customers

Fortune 1000 Companies, Technology Firms

Segment Financials

Latin America RIM — Facilities

View metric

Europe — Facilities

View metric

GLOBAL DATA CENTER BUSINESS — Adjusted Earnings Before Interest Expense, Net, Provision (Benefit) For Income Taxes, Depreciation And Amortization

View metric

Latin America RIM — Cost capitalized subsequent to acquisition

View metric

Latin America RIM — Accumulated Depreciation of Real Estate Assets, As Reported on Schedule III

View metric

Business Overview

Competitive Position

A dominant global leader in physical records management with a significant and growing presence in the hyperscale data center and digital transformation markets.

Geographies

North America, Central Europe, Eastern Europe, Latin America, Asia, Middle East, Africa

Customer Segments

Fortune 1000, Government Agencies, Financial Institutions, Healthcare Providers

Upstream Dependencies

Real estate developers, IT hardware manufacturers, Energy providers, Security technology vendors

Downstream Customers

Global enterprises, Public sector entities, Hyperscale cloud platforms, Regulated industries (Healthcare, Finance, Legal)

Iron Mountain logo

Iron Mountain FAQ

Common questions about Iron Mountain

Iron Mountain is a global leader in information management services, operating as a real estate investment trust (REIT). The company provides a comprehensive suite of solutions that bridge physical and digital assets, including records management, data center operations, and asset lifecycle management. They leverage a vast global footprint to help organizations protect, store, and extract value from their information while ensuring security and regulatory compliance.

Iron Mountain (IRM) has a market capitalization of $38.0B and trades on NYSE.

Iron Mountain generated $7.2B in trailing twelve-month revenue with net income of $285.0M, representing a net margin of 3.9%. Gross margin stands at 55.0%, with free cash flow of -$633.6M. These figures are based on the Q1 2026 filing.

Iron Mountain's key competitors include Digital Realty Trust, Equinix, OpenText, and others. These companies compete in similar markets and product categories.

Iron Mountain has approximately 27,000 employees.