Business Segments · Expenditures for Segment Assets
GLOBAL RIM BUSINESS — Expenditures for Segment Assets
Iron Mountain GLOBAL RIM BUSINESS — Expenditures for Segment Assets remained flat by 0.0% to $97.97M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 29.2%, from $75.84M to $97.97M. Over 2 years (FY 2021 to FY 2023), GLOBAL RIM BUSINESS — Expenditures for Segment Assets shows relatively stable performance with a 3.2% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
How to read this metric
High expenditures signal management's commitment to expanding capacity or modernizing the segment's service capabilities.
Detailed definition
Total cash outflows dedicated to acquiring or upgrading long-term assets specifically for the segment. This encompasses...
Peer comparison
Comparable to 'Segment Capital Expenditures' reported by diversified industrial and service companies.
Metric ID:
irm_segment_global_rim_business_expenditures_for_segment_assetsHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $368.27M | $303.34M | $391.89M |
| YoY Change | — | -17.6% | +29.2% |
Range$303.34M – $391.89M
CAGR+3.2%
Avg YoY Growth+5.8%
Median YoY Growth+5.8%
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Frequently Asked Questions
- What is Iron Mountain's global rim business — expenditures for segment assets?
- Iron Mountain (IRM) reported global rim business — expenditures for segment assets of $97.97M in Q4 2023.
- How has Iron Mountain's global rim business — expenditures for segment assets changed year-over-year?
- Iron Mountain's global rim business — expenditures for segment assets increased by 29.2% year-over-year, from $75.84M to $97.97M.
- What is the long-term trend for Iron Mountain's global rim business — expenditures for segment assets?
- Over 2 years (2021 to 2023), Iron Mountain's global rim business — expenditures for segment assets has grown at a 3.2% compound annual growth rate (CAGR), from $368.27M to $391.89M.
- What does global rim business — expenditures for segment assets mean?
- Total cash spent on acquiring or improving long-term assets for this business unit.