Iron Mountain Incorporated IRM

111.38 (2.71) (2.38%) as of 25 Sep
Market cap
$34.0B
P/E
79.6×
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Iron Mountain Incorporated (IRM) Gross margin

Iron Mountain Incorporated's gross margin over the twelve months to 30 June 2026 was 54.2%, down 1.2 percentage points from fiscal 2025 (55.4%). Over the past ten years it has ranged from 55.4% (fiscal 2016) to 58.0% (fiscal 2021); the current reading is higher than 18% of that period. That is below the Reit Specialty industry median of 67.4% and below the Real Estate sector median of 66.1%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 55.4% (0.77)
FY2024 56.2% (0.83)
FY2023 57.0% (0.13)
FY2022 57.1% (0.87)
FY2021 58.0% 0.35
FY2020 57.6% 0.64
FY2019 57.0% (0.56)
FY2018 57.6% 0.84
FY2017 56.7% 1.36
FY2016 55.4% (1.76)

Quarterly

Period Gross margin Change (points)
Jun 2026 52.8% (1.28)
Mar 2026 54.0% (1.34)
Dec 2025 55.4% 0.53
Sep 2025 54.9% (1.06)
42 more quarters

Against its own ten years

Low 55.4% High 58.0%
Ten-year median 57.0%
Current reading's percentile 18

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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