IRM
Iron Mountain Incorporated (Delaware)Common Stock REITStock · Real EstateUS REITs 2.0% · S&P 500 Equal Weight 0.2% · S&P 500 0.06% · Russell 1000 0.05% · Russell 3000 0.05% · US Stock Market 0.05% · MSCI World 0.04% · MSCI ACWI 0.04%$115.18+2.02%
as of market close, Sep 11, 2026
☾ AH — —
IRM financial statements
The full income statement, balance sheet, and cash-flow statement for Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 293.3M2024-09 293.5M2024-12 293.7M2025-03 295.0M2025-06 295.3M2025-09 295.6M2025-12 295.8M2026-03 297.5M2026-06 297.7M+1.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.90B+12.2% | 6.15B+12.2% | 5.48B+7.4% | 5.10B+13.6% | 4.49B+8.3% | ||
| Lease income | — | — | — | — | 2.87B+4.2% | |
| Selling, general & administrative | 1.39B+4.1% | 1.34B+8.4% | 1.24B+8.4% | 1.14B+11.5% | 1.02B+7.7% | |
| Restructuring | — | — | — | — | 206M+6.2% | |
| Amortization of intangibles | — | — | 250M+0.7% | 249M+15.4% | 215M+5.3% | |
| Operating income | 1.16B+15.3% | 1.01B+9.5% | 922M-12.2% | 1.05B+22.9% | 854M-8.6% | |
| Interest expense | 829M+14.9% | 722M+23.1% | 586M+20.1% | 488M | — | |
| Interest & investment income | 17.1M+16.7% | 14.7M+17.6% | 12.5M+50.7% | 8.28M+12.7% | 7.34M-11.7% | |
| Net interest income | — | — | -586M-20.1% | -488M-16.8% | -418M+0.1% | |
| Other non-operating income | -123M-184.0% | -43.4M+60.0% | -109M-255.7% | 69.8M-63.8% | 193M+234.3% | |
| Pre-tax income | 211M-13.6% | 245M+7.6% | 227M-64.0% | 632M+0.4% | 629M+68.8% | |
| Income tax | 58.9M-3.2% | 60.9M+52.4% | 39.9M-42.5% | 69.5M-60.6% | 176M+495.4% | |
| 152M-17.1% | 184M-1.9% | 187M-66.7% | 562M+24.2% | 453M+32.0% | ||
| Discontinued operations | — | — | — | — | 0.00 | |
| Net income to non-controlling interest | 7.66M+118.3% | 3.51M+15.9% | 3.03M-41.4% | 5.17M+106.2% | 2.51M+521.8% | |
| Net income to common | 145M-19.7% | 180M-2.2% | 184M-66.9% | 557M+23.7% | 450M+31.4% | |
| $0.49-19.7% | $0.61-3.2% | $0.63-66.8% | $1.90+22.6% | $1.55+30.3% | ||
| EPS (basic) | $0.49-19.7% | $0.61-3.2% | $0.63-67.2% | $1.92+23.1% | $1.56+31.1% | |
| Weighted-avg shares (basic) | 295M+0.7% | 293M+0.5% | 292M+0.4% | 291M+0.5% | 289M+0.4% | |
| Weighted-avg shares (diluted) | 298M+0.5% | 296M+0.8% | 294M+0.5% | 292M+0.5% | 291M+0.8% | |
| Dividends per share | $3.22+17.9% | $2.73+7.5% | $2.54+2.8% | $2.47+0.0% | $2.47+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.93B+14.4% | 1.69B-2.6% | 1.74B+12.2% | 1.55B+7.3% | 1.44B+13.5% | ||
| Cash & equivalents | 159M+1.8% | 156M-30.1% | 223M+57.1% | 142M-44.6% | 256M+24.8% | |
| Accounts receivable | 1.44B+11.8% | 1.29B+2.5% | 1.26B+7.2% | 1.17B+22.2% | 961M+11.9% | |
| Inventory | — | — | — | 11.7M | 0.00 | |
| Prepaid expenses | 333M+36.3% | 244M-3.5% | 253M+9.8% | 230M+2.9% | 224M+9.1% | |
| 21.1B+12.9% | 18.7B+7.1% | 17.5B+8.3% | 16.1B+11.7% | 14.5B+2.1% | ||
| Operating lease right-of-use | 2.47B-1.0% | 2.49B-7.6% | 2.70B+4.3% | 2.58B+11.6% | 2.31B+5.4% | |
| Goodwill | 5.29B+4.0% | 5.08B+1.3% | 5.02B+2.8% | 4.88B+9.4% | 4.46B-2.1% | |
| Intangible assets | 1.27B-0.4% | 1.27B-0.4% | 1.28B-10.1% | 1.42B+20.5% | 1.18B-11.0% | |
| Other non-current assets | 623M+14.2% | 546M+27.0% | 430M-27.0% | 588M+54.2% | 382M+28.9% | |
| 2.62B-15.2% | 3.09B+38.1% | 2.24B+16.6% | 1.92B-5.0% | 2.02B+1.1% | ||
| Accounts payable | 711M+4.7% | 679M+25.8% | 540M+15.0% | 469M+27.1% | 369M+2.6% | |
| Accrued liabilities | 1.29B-5.6% | 1.37B+9.3% | 1.25B+21.2% | 1.03B-0.1% | 1.03B-9.9% | |
| Deferred revenue | 402M+23.0% | 327M+0.4% | 326M-1.0% | 329M+7.0% | 307M+4.0% | |
| Short-term & current debt | 216M-69.8% | 715M+492.6% | 121M+37.8% | 87.5M-71.7% | 309M+59.7% | |
| Current lease liability | 319M+1.2% | 315M+8.1% | 292M+1.1% | 289M+11.2% | 260M+3.7% | |
| Finance lease liability (current) | 56.3M-56.2% | 128M+228.5% | 39.1M-10.9% | 43.9M+6.5% | 41.2M-4.6% | |
| Long-term debt | 16.2B+24.7% | 13.0B+10.1% | 11.8B+12.7% | 10.5B+16.9% | 8.96B+5.3% | |
| Deferred revenue (non-current) | 166M+49.9% | 111M+9.8% | 101M+205.7% | 33.0M-2.2% | 33.7M-5.4% | |
| Non-current lease liability | 2.30B-1.5% | 2.33B-8.9% | 2.56B+5.5% | 2.43B+11.9% | 2.17B+6.2% | |
| Operating lease liability (total) | 2.62B-1.2% | 2.65B-7.1% | 2.85B+5.0% | 2.72B+11.8% | 2.43B+5.9% | |
| Finance lease liability (total) | 527M+29.6% | 407M+16.3% | 350M+5.1% | 333M-6.7% | 357M-2.6% | |
| Finance lease liability | 471M+69.1% | 278M-10.4% | 311M+7.5% | 289M-8.4% | 316M-2.4% | |
| Deferred tax liabilities | 184M-10.4% | 205M-12.8% | 235M-10.5% | 263M+17.4% | 224M+12.9% | |
| Other non-current liabilities | 450M+44.2% | 312M+31.4% | 238M-25.1% | 317M+120.3% | 144M-29.6% | |
| -981M-95.0% | -503M-337.7% | 212M-66.8% | 637M-25.6% | 856M-24.7% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 2.96M+0.7% | 2.94M+0.5% | 2.92M+0.4% | 2.91M+0.3% | 2.90M+0.5% | |
| Additional paid-in capital | 4.79B+3.1% | 4.65B+2.5% | 4.53B+1.5% | 4.47B+1.3% | 4.41B+1.7% | |
| Accumulated other comprehensive income | -369M+35.3% | -570M-53.6% | -371M+16.0% | -442M-30.6% | -338M-32.2% | |
| Non-controlling interest | 272M+36.9% | 198M+158658.4% | 125K+0.0% | 125K-88.8% | 1.12M | |
| Total equity incl. non-controlling | -709M-132.8% | -305M-243.9% | 212M-66.7% | 637M-25.7% | 857M-24.6% | |
| Total liabilities & equity | 21.1B+12.9% | 18.7B+7.1% | 17.5B+8.3% | 16.1B+11.7% | 14.5B+2.1% | |
| Common shares issued | 296M+0.7% | 294M+0.5% | 292M+0.5% | 291M+0.4% | 290M+0.5% | |
| Common shares outstanding | 296M+0.7% | 294M+0.5% | 292M+0.5% | 291M+0.4% | 290M+0.5% | |
| Shares outstanding (cover) | 296M+0.7% | 294M+0.5% | 292M+0.5% | 291M+0.4% | 290M+0.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.34B+12.0% | 1.20B+7.5% | 1.11B+20.0% | 928M+22.2% | 759M-23.2% | ||
| Depreciation & amortization | 1.02B+13.7% | 901M+16.1% | 776M+6.7% | 728M+6.9% | 680M+4.3% | |
| Intangible amortization | — | — | 250M+0.7% | 249M+15.4% | 215M+5.3% | |
| Share-based compensation | 140M+18.7% | 118M+60.1% | 73.8M+29.8% | 56.9M-6.8% | 61.0M+61.9% | |
| Deferred income taxes | -47.7M-15.1% | -41.4M-17.4% | -35.3M+36.9% | -55.9M-294.8% | 28.7M+321.0% | |
| -2.57B-20.5% | -2.14B-47.9% | -1.44B+13.0% | -1.66B-250.8% | -473M-454.0% | ||
| Capital expenditure | 2.27B+26.8% | 1.79B+33.8% | 1.34B+53.0% | 875M+43.3% | 611M+39.4% | |
| Free cash flow | -932M-56.6% | -595M-163.6% | -226M-531.3% | 52.3M-64.6% | 148M-73.1% | |
| Acquisitions | 102M-43.0% | 178M+326.3% | 41.8M-94.8% | 804M+294.0% | 204M+72.0% | |
| 1.27B+44.6% | 877M+106.0% | 426M-33.4% | 639M+389.5% | -221M+75.1% | ||
| Long-term debt issued | 1.39B+17.1% | 1.19B+20.0% | 990M | 0.00-100.0% | 738M-78.7% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 919M+16.4% | 790M+7.0% | 738M+1.8% | 724M+0.8% | 718M+0.3% | |
| Other financing activities | -12.7M+64.4% | -35.7M-9.4% | -32.6M-240.7% | -9.57M-367.2% | 3.58M+114.1% | |
| FX effect on cash | -30.9M-720.4% | -3.77M+72.9% | -13.9M+32.3% | -20.5M-46.3% | -14.0M-249.6% | |
| Net change in cash | 2.82M+104.2% | -67.1M-182.8% | 81.0M+171.0% | -114M-324.6% | 50.8M+341.1% | |
| Interest paid | 825M+7.0% | 771M+50.4% | 512M+6.2% | 483M+12.7% | 428M+9.7% | |
| Income taxes paid | 122M+34.0% | 90.7M+1.3% | 89.6M-10.1% | 99.6M-23.5% | 130M+199.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 24.5B-20.5% | 30.9B+51.1% | 20.4B+41.0% | 14.5B-4.4% | 15.2B+78.4% | |
| P/E | 161.2×-4.1% | 168.1×+133.4% | 72.0×+147.5% | 29.1×-13.1% | 33.5×+35.2% | |
| P/S | 3.6×-29.2% | 5.0×+31.2% | 3.8×+18.6% | 3.2×-4.4% | 3.4×+64.7% | |
| P/B | — | — | 77.8×+184.2% | 27.4×+54.5% | 17.7×+136.9% | |
| P/FCF | — | — | — | 216.3×+110.8% | 102.6×+563.0% | |
| Earnings yield | 0.62%+4.3% | 0.59%-57.2% | 1.4%-59.6% | 3.4%+15.1% | 3.0%-26.0% | |
| FCF yield | — | — | — | 0.46%-52.6% | 0.97%-84.9% | |
| Dividend yield | 3.9%+49.5% | 2.6%-28.4% | 3.6%-26.7% | 5.0%+5.0% | 4.7%-43.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IRM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IRM filings on SEC EDGAR → Not investment advice.