Iron Mountain GLOBAL RIM BUSINESS — CapEx remained flat by 0.0% to $71.24M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 15.7%, from $61.55M to $71.24M. Over 2 years (FY 2021 to FY 2023), GLOBAL RIM BUSINESS — CapEx shows an upward trend with a 15.6% CAGR.
Consistent investment is necessary to maintain service quality, while spikes may indicate capacity expansion projects.
Cash outlays for the purchase of property, plant, and equipment required to maintain or expand the segment's physical st...
Standard metric for all asset-heavy businesses, particularly REITs and logistics providers.
irm_segment_global_rim_business_capital_expenditures| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $213.40M | $246.22M | $284.98M |
| YoY Change | — | +15.4% | +15.7% |