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Iron Mountain IRM Payments to Acquire Businesses, Net of Cash Acquired

Payments to Acquire Businesses, Net of Cash Acquired at other companies

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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$36.19B+36.8%
Enterprise value$56.42B+26.0%
P/E83.3×-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:PaymentsToAcquireBusinessesNetOfCashAcquired.

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 itemSIX MONTHS ENDED JUNE 30, 2026SIX MONTHS ENDED JUNE 30, 2025
Cash Flows from Operating Activities887,813572,425
Cash Flows from Investing Activities:
Capital expenditures(1,106,206)(1,231,523)
Cash paid for acquisitions, net of cash acquired(34,362)
Acquisition of customer intangibles(40,176)(9,905)
Contract costs(30,310)(41,534)
Investments in joint ventures and other investments, net2,157(43,585)
Proceeds from sales of property and equipment and other, net8,17010,099

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Iron Mountain's payments to acquire businesses, net of cash acquired?
Iron Mountain (IRM) reported payments to acquire businesses, net of cash acquired of $0 in Q2 2026.
What is the long-term trend for Iron Mountain's payments to acquire businesses, net of cash acquired?
Over 3 years (2021 to 2024), Iron Mountain's payments to acquire businesses, net of cash acquired has grown at a -4.4% compound annual growth rate (CAGR), from $204M to $178.41M.
What does payments to acquire businesses, net of cash acquired mean?
Payments to Acquire Businesses, Net of Cash Acquired

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