Business Segments · CapEx

GLOBAL RIM BUSINESS — CapEx

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate

How to read this metric

Consistent investment is necessary to maintain service quality, while spikes may indicate capacity expansion projects.

Detailed definition

Cash outlays for the purchase of property, plant, and equipment required to maintain or expand the segment's physical st...

Peer comparison

Standard metric for all asset-heavy businesses, particularly REITs and logistics providers.

Metric ID: irm_segment_global_rim_business_capital_expenditures

Historical Data

3 years
 FY'21FY'22FY'23
Value$213.40M$246.22M$284.98M
YoY Change+15.4%+15.7%
Range$213.40M$284.98M
CAGR+15.6%
Avg YoY Growth+15.6%
Median YoY Growth+15.6%
Current Streak2+ years growth

Frequently Asked Questions

What is Iron Mountain's global rim business — capex?
Iron Mountain (IRM) reported global rim business — capex of $71.24M in Q4 2023.
How has Iron Mountain's global rim business — capex changed year-over-year?
Iron Mountain's global rim business — capex increased by 15.7% year-over-year, from $61.55M to $71.24M.
What is the long-term trend for Iron Mountain's global rim business — capex?
Over 2 years (2021 to 2023), Iron Mountain's global rim business — capex has grown at a 15.6% compound annual growth rate (CAGR), from $213.40M to $284.98M.
What does global rim business — capex mean?
Cash spent on physical infrastructure and equipment for the business segment.