Iron Mountain Incorporated IRM
- Market cap
- $34.0B
- P/E
- 79.6×
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Iron Mountain Incorporated (IRM) Free cash flow
Iron Mountain Incorporated's free cash flow for fiscal 2025 was −$993.5M, compared with −$639.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$594.9M. Over the past ten years it has ranged from −$993.5M (fiscal 2025) to $1.1B (fiscal 2020) — the current reading is the lowest in ten years. Free cash flow has fallen for 5 consecutive fiscal years. Iron Mountain Incorporated ranks 15th of 18 Reit Specialty companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$993.5M | — |
| FY2024 | −$639.3M | — |
| FY2023 | −$178.0M | — |
| FY2022 | $214.5M | (48.95%) |
| FY2021 | $420.3M | (62.13%) |
| FY2020 | $1.1B | 181.86% |
| FY2019 | $393.7M | (20.95%) |
| FY2018 | $498.1M | 50.00% |
| FY2017 | $332.0M | 73.21% |
| FY2016 | $191.7M | (13.32%) |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$75.3M | — |
| Mar 2026 | −$175.1M | — |
| Dec 2025 | −$69.8M | — |
| Sep 2025 | −$264.8M | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| AMT American Tower Corporation compare | $4.0B |
| DLR Digital Realty Trust, Inc. compare | $3.7B |
| CCI Crown Castle Inc. compare | $2.4B |
| SBAC SBA Communications Corporation compare | $1.3B |
| LAMR Lamar Advertising Company compare | $739.1M |
| GLPI Gaming and Leisure Properties, Inc. compare | $627.7M |
| WY Weyerhaeuser Company compare | −$141.0M |
| IRM Iron Mountain Incorporated | −$594.9M |
| EQIX Equinix, Inc. compare | −$2.2B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on IRM
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement