Business Segments · Expenditures for Segment Assets

GLOBAL DATA CENTER BUSINESS — Expenditures for Segment Assets

Iron Mountain GLOBAL DATA CENTER BUSINESS — Expenditures for Segment Assets remained flat by 0.0% to $236.70M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 45.5%, from $162.63M to $236.70M. Over 2 years (FY 2021 to FY 2023), GLOBAL DATA CENTER BUSINESS — Expenditures for Segment Assets shows an upward trend with a 49.7% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile

How to read this metric

Higher expenditures signal aggressive capacity expansion or modernization, while lower levels may indicate a shift toward maintenance or capital preservation.

Detailed definition

Total cash outflows dedicated to acquiring or developing long-term assets for the data center business segment. This enc...

Peer comparison

Comparable to capital expenditure or asset investment metrics in infrastructure-heavy sectors.

Metric ID: irm_segment_global_data_center_business_expenditures_for_segment_assets

Historical Data

3 years
 FY'21FY'22FY'23
Value$422.27M$650.53M$946.79M
YoY Change+54.1%+45.5%
Range$422.27M$946.79M
CAGR+49.7%
Avg YoY Growth+49.8%
Median YoY Growth+49.8%
Current Streak2+ years growth

Frequently Asked Questions

What is Iron Mountain's global data center business — expenditures for segment assets?
Iron Mountain (IRM) reported global data center business — expenditures for segment assets of $236.70M in Q4 2023.
How has Iron Mountain's global data center business — expenditures for segment assets changed year-over-year?
Iron Mountain's global data center business — expenditures for segment assets increased by 45.5% year-over-year, from $162.63M to $236.70M.
What is the long-term trend for Iron Mountain's global data center business — expenditures for segment assets?
Over 2 years (2021 to 2023), Iron Mountain's global data center business — expenditures for segment assets has grown at a 49.7% compound annual growth rate (CAGR), from $422.27M to $946.79M.
What does global data center business — expenditures for segment assets mean?
Total investment spending on assets for the data center business.