What is Iron Mountain's PP&E (net)?

Iron Mountain (IRM) reported PP&E (net) of $9.84B in Q1 2026.

How has Iron Mountain's PP&E (net) changed year-over-year?

Iron Mountain's PP&E (net) increased by 19.3% year-over-year, from $8.25B to $9.84B.

What is the long-term trend for Iron Mountain's PP&E (net)?

Over 5 years (2020 to 2025), Iron Mountain's PP&E (net) has grown at a 16.2% compound annual growth rate (CAGR), from $4.5B to $9.55B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Iron Mountain IRM PP&E (Net)

PP&E (Net) at other companies

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$13.85M+1.6%

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$391.18M+6.4%

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$24.17B+20.7%

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FRM

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TD SYNNEXSNX

$540.36M+11.9%

Other financials

Income statement

See full

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

See full

Cash & equivalents$250.7M+61.4%

Total debt$20.2B+13.6%

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$38.18B+32.0%

Enterprise value$58.11B+23.0%

P/E133.9×-510×

P/S5.3×+0.8×

Profitability

See full

Gross margin55%-1.0pp

Operating margin18%+1.8pp

Net margin3.9%+2.0pp

FCF margin-8.7%-2.2pp

Returns & leverage

See full

Return on equity70.5%-19.4pp

Debt / equity855.6×+830×

Current ratio0.8×+0.2×

Where this comes from

Reported directly by Iron Mountain in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 PP&E (net)?: Iron Mountain (IRM) reported PP&E (net) of $9.84B in Q1 2026.
How has Iron Mountain's PP&E (net) changed year-over-year?: Iron Mountain's PP&E (net) increased by 19.3% year-over-year, from $8.25B to $9.84B.
What is the long-term trend for Iron Mountain's PP&E (net)?: Over 5 years (2020 to 2025), Iron Mountain's PP&E (net) has grown at a 16.2% compound annual growth rate (CAGR), from $4.5B to $9.55B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.