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Net margin at other companies

Equinix, Inc. logo
Equinix, Inc.EQIX
15.1%+4.4pp
Digital Realty logo
Digital RealtyDLR
21.4%+10.6pp
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
12%-0.6pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
23%-45.5pp
Seagate Technology Holdings PLC logo
Seagate Technology Holdings PLCSTX
21.6%+4.1pp
International Business Machines logo
International Business MachinesIBM
15.6%+6.9pp

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

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 trailing twelve months.

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 net margin?
Iron Mountain (IRM) reported net margin of 3.9% in Q1 2026.
How has Iron Mountain's net margin changed year-over-year?
Iron Mountain's net margin increased by 100.6% year-over-year, from 2% to 3.9%.
What is the long-term trend for Iron Mountain's net margin?
Over 4 years (2021 to 2025), Iron Mountain's net margin has grown at a -37.0% compound annual growth rate (CAGR), from 46.6% to 7.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.