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.

Iron Mountain IRM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	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
EBITDA margin	32.6%+0.9pp	31.7%+0.3pp	31.4%+0.4pp	31%0.0pp	31%-0.1pp
Free cash flow margin	-8.7%+4.8pp	-13.5%+3.1pp	-16.6%-1.2pp	-15.3%-2.2pp	-13.1%-3.4pp
Returns
Return on assets	1.4%+0.6pp	0.8%-0.1pp	0.8%+0.6pp	0.2%-0.4pp	0.7%-0.4pp
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×
Quick ratio	0.8×0.0×	0.7×+0.1×	0.7×0.0×	0.6×0.0×	0.6×+0.1×
Cash ratio	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Leverage
Debt-to-assets	0.9×0.0×	0.9×0.0×	0.9×0.0×	0.9×0.0×	0.9×0.0×
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%
Enterprise value	$50.32B+14.5%	$43.94B-10.7%	$49.18B-0.4%	$49.37B+15.1%	$42.88B-9.7%
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×
EV / sales	6.9×+0.6×	6.4×-1.0×	7.4×-0.3×	7.7×+0.8×	6.8×-0.9×
Free cash flow yield	-2.1%+1.7pp	-3.8%-0.1pp	-3.7%-0.5pp	-3.2%+0.1pp	-3.2%-1.3pp
Earnings yield	0.9%+0.3pp	0.6%+0.1pp	0.5%+0.4pp	0.1%-0.3pp	0.5%-0.1pp
Dividend yield	3.2%-0.6pp	3.7%+0.8pp	3%+0.2pp	2.8%-0.5pp	3.2%+0.7pp
PEG ratio	0.8×—	——	3.4×—	——	——

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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.