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Iron Mountain IRM Property, plant and equipment, net

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Other financials

Income statement

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Revenue$2.0B+18.5%
Gross profit$1.1B+11.8%
Operating income$373.5M+43.7%
Net income$106.1M+345%
EPS (diluted)$0.34+327%

Balance sheet

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Cash & equivalents$204.8M-6.1%
Total debt$20.4B+10.3%
Total equity-$1.3B-66.9%
Total assets$22.0B+8.8%

Cash flow

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Operating cash flow$549.3M+46.4%
CapEx$588.2M+5.6%
Free cash flow-$38.9M+78.6%

Valuation

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Market cap$36.07B+36.4%
Enterprise value$56.3B+25.8%
P/E83×-506×
P/S4.8×+0.7×

Profitability

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Gross margin54.2%-1.8pp
Operating margin18.8%+2.5pp
Net margin5.7%+5.0pp
FCF margin-6.5%-2.4pp

Returns & leverage

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Return on equity70.5%-19.4pp
Debt / equity855.6×+830×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Iron Mountain in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

The source filing: Iron Mountain’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001020569-26-000071
Line itemJUNE 30, 2026DECEMBER 31, 2025
Property, Plant and Equipment:
Property, plant and equipment15,426,92814,457,335
Less—Accumulated depreciation(5,157,107)(4,911,010)
Property, Plant and Equipment, Net10,269,8219,546,325
Other Assets, Net:
Goodwill5,267,1925,285,801
Customer and supplier relationships and other intangible assets1,235,4921,269,607
Operating lease right-of-use assets2,437,1992,465,196

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Iron Mountain's property, plant and equipment, net?
Iron Mountain (IRM) reported property, plant and equipment, net of $10.27B in Q2 2026.
How has Iron Mountain's property, plant and equipment, net changed year-over-year?
Iron Mountain's property, plant and equipment, net increased by 17.0% year-over-year, from $8.77B to $10.27B.
What is the long-term trend for Iron Mountain's property, plant and equipment, net?
Over 5 years (2020 to 2025), Iron Mountain's property, plant and equipment, net has grown at a 16.2% compound annual growth rate (CAGR), from $4.5B to $9.55B.
What does property, plant and equipment, net mean?
This represents the net book value of long-term tangible assets used in the production, distribution, and administrative functions of the business. It includes manufacturing facilities, machinery, and equipment after accounting for accumulated depreciation. This metric is central to assessing the capital intensity of the company's operations.

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