Iron Mountain Incorporated

IRM Real Estate Reit Specialty

Iron Mountain Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $6.9 billion, up 12.2% from fiscal 2024.

Revenue
+13.5%
EPS
+50.0%
Free cash flow
−13.0%
Total debt
+11.0%

Quarter to September 2026, against a year earlier

106.65 12.01 −10.12%
Market cap
$31.4B
P/E
69.3×
Fwd P/E
63.1×
Dividend yield
3.24%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Iron Mountain Incorporated (IRM) Revenue growth

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Iron Mountain Incorporated's revenue growth over the twelve months to 30 September 2026 was 17.5%, up 5.2 percentage points from fiscal 2025 (12.2%). Over the past ten years it has ranged from −3.52% (fiscal 2015) to 16.7% (fiscal 2016); the current reading is higher than 82% of that period. That is above the Reit Specialty industry median of 5.31% and above the Real Estate sector median of 4.51%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 12.2% 0.01
FY2024 12.2% 4.84
FY2023 7.38% (6.25)
FY2022 13.6% 5.33
FY2021 8.30% 11.01
FY2020 −2.71% (3.58)
FY2019 0.87% (9.02)
FY2018 9.89% 0.37
FY2017 9.52% (7.22)
FY2016 16.7% 20.26

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 13.5% (5.04)
Jun 2026 18.5% (3.06)
Mar 2026 21.6% 5.02
Dec 2025 16.6% 3.93
43 more quarters

Against its own ten years

Low −3.52% High 16.7%
Ten-year median 9.52%
Current reading's percentile 82

Revenue growth against peers

Company Revenue growth
DLR Digital Realty Trust, Inc. compare 20.0%
IRM Iron Mountain Incorporated 17.5%
EQIX Equinix, Inc. compare 11.1%
GLPI Gaming and Leisure Properties, Inc. compare 7.33%
AMT American Tower Corporation compare 5.31%
LAMR Lamar Advertising Company compare 5.12%
SBAC SBA Communications Corporation compare 2.26%
WY Weyerhaeuser Company compare −1.06%
CCI Crown Castle Inc. compare −5.29%
Reit Specialty industry median 5.31%
Real Estate sector median 4.51%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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