Iron Mountain IRM Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55%-0.4pp | 55.4%-0.3pp | 55.6%-0.4pp | 56%0.0pp | 56.1%-0.1pp | |
| Operating margin | 18%+1.1pp | 16.9%+0.2pp | 16.6%+0.4pp | 16.3%0.0pp | 16.3%-0.2pp | |
| Net margin | 3.9%+1.7pp | 2.2%-0.3pp | 2.5%+1.8pp | 0.7%-1.3pp | 2%-1.0pp | |
| Returns | ||||||
| Return on invested capital | 5.9%+1.0pp | 4.9%+0.3pp | 4.6%+1.5pp | 3.1%-1.1pp | 4.2%-0.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.8×0.0× | 0.7×+0.1× | 0.7×0.0× | 0.6×0.0× | 0.6×+0.1× | |
| Leverage | ||||||
| Net debt / EBITDA | 8.4×-0.4× | 8.9×-0.3× | 9.1×0.0× | 9.2×+0.1× | 9.1×+0.4× | |
| Per Share | ||||||
| Book value per share | -$4.07-23.4% | -$3.29-11.3% | -$2.96-13.9% | -$2.60-10.6% | -$2.35-38.4% | |
| Valuation | ||||||
| Market capitalization | $30.38B+23.9% | $24.52B-18.6% | $30.11B-3.0% | $31.05B+22.9% | $25.27B-18.1% | |
| Price / earnings | 106.6×-54.4× | 161×-21.6× | 182.7×-509× | 691.4×+486× | 205.7×+37.7× | |
| Price / sales | 4.2×+0.6× | 3.6×-1.0× | 4.5×-0.3× | 4.8×+0.8× | 4×-1.0× | |
| EV / EBITDA | 21.3×+1.2× | 20.1×-3.5× | 23.6×-1.1× | 24.7×+2.6× | 22.1×-2.8× | |
| Dividend yield | 3.2%-0.6pp | 3.7%+0.8pp | 3%+0.2pp | 2.8%-0.5pp | 3.2%+0.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Iron Mountain's profit margins?
- Iron Mountain (IRM) runs a 55.0% gross margin and a 18.0% operating margin, with a 3.9% net margin.
- Where do Iron Mountain's ratios come from?
- Every ratio is computed from Iron Mountain's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
