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Iron Mountain IRM EV / EBITDA

EV / EBITDA at other companies

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20.1×-5.1×
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16.7×-7.1×

Other financials

Income statement

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Revenue$1.9B+21.6%
Gross profit$1.0B+18.6%
Operating income$395.2M+55.4%
Net income$149.0M+818%
EPS (diluted)$0.48+860%

Balance sheet

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Cash & equivalents$250.7M+61.4%
Total debt$20.2B+13.7%
Total equity-$1.2B-73.9%
Total assets$21.5B+11.0%

Cash flow

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Operating cash flow$338.6M+71.6%
CapEx$518.0M-23.2%
Free cash flow-$179.5M+62.4%

Valuation

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Market cap$37.32B+20.2%
Enterprise value$57.25B+17.4%
P/E130.9×-122×
P/S5.2×+0.2×

Profitability

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Gross margin55%-1.0pp
Operating margin18%+1.8pp
Net margin3.9%+2.0pp

Returns & leverage

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Return on equity70.5%-19.4pp
Debt / equity855.6×+830×
Current ratio0.8×+0.2×

Where this comes from

Calculated from Iron Mountain’s reported figures.

Based on the most recent quarter.

The official record: Iron Mountain’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iron Mountain's EV / EBITDA?
Iron Mountain (IRM) reported EV / EBITDA of 21.3× in Q1 2026.
How has Iron Mountain's EV / EBITDA changed year-over-year?
Iron Mountain's EV / EBITDA decreased by 3.6% year-over-year, from 22.1× to 21.3×.
What is the long-term trend for Iron Mountain's EV / EBITDA?
Over 4 years (2021 to 2025), Iron Mountain's EV / EBITDA has grown at a 11.7% compound annual growth rate (CAGR), from 58.1× to 90.4×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.