Iron Mountain Europe — Cost capitalized subsequent to acquisition increased by 66.7% to $489.72M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 66.7%, from $293.82M to $489.72M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase reflects ongoing investment in property upgrades and modernization, which can support higher rental rates or service capacity.
The cumulative expenditure on improvements, renovations, or expansions made to European real estate assets after their i...
Comparable to capital expenditure (CapEx) on property improvements reported by other commercial real estate firms.
irm_segment_europe_cost_capitalized_subsequent_to_acquisition| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $116.05M | $82.52M | $252.62M | $293.82M | $489.72M |
| QoQ Change | — | -28.9% | +206.1% | +16.3% | +66.7% |
| YoY Change | — | -28.9% | +206.1% | +16.3% | +66.7% |