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. In the quarter to June 2026, revenue grew 18.5%, EPS grew 326.7%, free cash flow grew 58.6% and total debt rose 11.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.
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Iron Mountain Incorporated (IRM) Return on invested capital
Iron Mountain Incorporated's return on invested capital over the twelve months to 30 June 2026 was 5.48%, up 0.8 percentage points from fiscal 2025 (4.67%). Over the past ten years it has ranged from 3.94% (fiscal 2016) to 6.25% (fiscal 2015); the current reading is higher than 18% of that period. That is above the Reit Specialty industry median of 4.19% and above the Real Estate sector median of 2.03%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 4.67% | (0.09) |
| FY2024 | 4.76% | (0.07) |
| FY2023 | 4.83% | (1.10) |
| FY2022 | 5.93% | 0.52 |
| FY2021 | 5.41% | (0.65) |
| FY2020 | 6.06% | 1.14 |
| FY2019 | 4.92% | (0.21) |
| FY2018 | 5.13% | 0.42 |
| FY2017 | 4.71% | 0.77 |
| FY2016 | 3.94% | (2.31) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| SBAC SBA Communications Corporation compare | 11.0% |
| LAMR Lamar Advertising Company compare | 10.4% |
| CCI Crown Castle Inc. compare | 9.03% |
| AMT American Tower Corporation compare | 6.73% |
| GLPI Gaming and Leisure Properties, Inc. compare | 6.47% |
| IRM Iron Mountain Incorporated | 5.48% |
| EQIX Equinix, Inc. compare | 4.07% |
| WY Weyerhaeuser Company compare | 3.67% |
| DLR Digital Realty Trust, Inc. compare | 0.07% |
| Reit Specialty industry median | 4.19% |
| Real Estate sector median | 2.03% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on IRM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- 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
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement