IRM Iron Mountain Incorporated (Delaware)Common Stock REIT

NYSE · Real Estate · View on SEC EDGAR ↗

$127.10

Price · Jun 30, 2026

Fundamentals as of Apr 30, 2026

IRM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price

$127.10

Market Cap

$24.54B

P/E (TTM)

169.3

EPS (TTM)

$0.49

Revenue (TTM)

$6.90B

Div Yield

3.8%

ROE

-20.5%

Debt/Equity

-16.8

52W Range

$78 – $135

IRM Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $6.90B

2020-12-31 → 2025-12-31

EPS $0.49

2020-12-31 → 2025-12-31

Free Cash Flow $-932M

2020-12-31 → 2025-12-31

Margins 2.2%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric

5Y trend

IRM

Peer Median

P/E (TTM)

169.3

20.2

P/S (TTM)

3.6

5.5

P/B

-25.0

1.2

EV / EBITDA

18.6

—

Price / FCF

-26.3

—

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric

5Y trend

IRM

Peer Median

Operating Margin

16.9%

—

Net Profit Margin

2.2%

34.0%

ROA

0.76%

2.8%

ROE

-20.5%

7.1%

ROIC

5.4%

—

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric

5Y trend

IRM

Peer Median

Debt / Equity

-16.8

—

Current Ratio

0.7

0.8

Quick Ratio

0.6

—

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric

5Y trend

IRM

Peer Median

Revenue YoY

12.2%

—

Revenue CAGR 3Y

10.6%

—

Revenue CAGR 5Y

10.7%

—

EPS YoY

-19.7%

—

Net Income YoY

-17.1%

—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric

5Y trend

IRM

Peer Median

EPS (Diluted)

$0.49

—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric

5Y trend

IRM

Peer Median

Payout Ratio

603.9%

—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield

3.8%

Payout Ratio

603.9%

5Y Div CAGR

—

Ex-date	Amount
June 15, 2026	$0.8640
March 16, 2026	$0.8640
Dec. 15, 2025	$0.8640
Sept. 15, 2025	$0.7850
June 16, 2025	$0.7850
March 17, 2025	$0.7850
Dec. 16, 2024	$0.7150
Sept. 16, 2024	$0.7150
June 17, 2024	$0.6500
March 14, 2024	$0.6500
Dec. 14, 2023	$0.6500
Sept. 14, 2023	$0.6500
June 14, 2023	$0.6190
March 14, 2023	$0.6190
Dec. 14, 2022	$0.6190
Sept. 14, 2022	$0.6190
June 14, 2022	$0.6190
March 14, 2022	$0.6190
Dec. 14, 2021	$0.6190
Sept. 14, 2021	$0.6190

IRM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 16 analysts

Strong Buy 3 18.8%
Buy 11 68.8%
Hold 1 6.2%
Sell 1 6.2%
Strong Sell 0 0.0%

12-Month Price Target

11 analysts · 2026-06-28

Median $140.00

Mean $131.55

Now $127.10

Low $44.00

High $149.00

Median target $140.00 +10.2%

Mean target $131.55 +3.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise

0.02%

Next Report

Aug 04, 2026

Period	EPS Actual	EPS Est	Surprise
March 31, 2026	$0.60	$0.52	0.08%
Dec. 31, 2025	$0.61	$0.59	0.02%
Sept. 30, 2025	$0.54	$0.53	0.01%
June 30, 2025	$0.48	$0.51	-0.03%
March 31, 2025	$0.43	$0.41	0.02%

Peer Comparison Key metrics vs sector peers

Ticker	Market Cap	P/E	Rev YoY	Net Margin	ROE	Gross Margin
IRM	$24.54B	169.3	12.2%	2.2%	-20.5%	—
VICI	$30.05B	10.8	4.1%	69.3%	10.2%	—
LAMR	—	21.9	2.7%	25.9%	60.8%	—
GLPI	$12.65B	15.1	4.1%	51.7%	18.6%	—
OUT	$4.22B	29.4	0.04%	8.0%	23.5%	—
MRP	—	12.2	—	63.3%	6.5%	—
EPR	—	15.2	2.9%	38.3%	11.8%	—
FCPT	$2.49B	21.2	9.7%	38.2%	7.2%	—
SAFE	$982M	8.6	5.4%	29.7%	4.8%	—
FPI	$418M	15.9	-10.4%	60.5%	6.7%	—
LAND	$348M	-31.6	3.7%	15.3%	2.0%	—

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14

Annual Income Statement data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Revenue	$6.90B	$6.15B	$5.48B	$5.10B	$4.49B	$4.15B	·	$4.26B	$4.23B	$3.85B	$3.51B
SG&A Expense	$1.39B	$1.34B	$1.24B	$1.14B	$1.02B	$949M	·	$992M	$1.01B	$937M	$988M
Operating Expenses	$5.74B	$5.14B	$4.56B	$4.05B	$3.64B	$3.21B	·	$3.48B	$3.42B	$3.21B	$3.01B
Operating Income	$1.16B	$1.01B	$922M	$1.05B	$854M	$935M	·	$781M	$808M	$634M	$502M
Interest Income	$17M	$15M	$12M	$8M	$7M	$8M	·	$7M	$7M	$8M	$8M
Other Non-op	$-123M	$-43M	$-109M	$70M	$193M	$-144M	·	$-34M	$12M	$-79M	$-44M
Pretax Income	$211M	$245M	$227M	$632M	$629M	$373M	·	·	·	·	·
Income Tax	$59M	$61M	$40M	$69M	$176M	$30M	·	$60M	$43M	$23M	$45M
Net Income	$152M	$184M	$187M	$562M	$453M	$343M	·	$268M	$355M	$172M	$107M
EPS (Basic)	$0.49	$0.61	$0.63	$1.92	$1.56	$1.19	·	$0.93	$1.24	$0.64	$0.43
EPS (Diluted)	$0.49	$0.61	$0.63	$1.90	$1.55	$1.19	·	$0.93	$1.23	$0.64	$0.42
Shares (Basic)	295,403,000	293,365,000	291,936,000	290,812,000	289,457,000	288,183,000	·	286,971,000	285,913,000	265,898,000	246,178,000
Shares (Diluted)	297,816,000	296,234,000	293,965,000	292,444,000	290,975,000	288,643,000	·	287,687,000	286,653,000	266,845,000	247,267,000
EBITDA	$2.19B	$1.91B	$1.70B	$1.78B	$1.53B	$1.59B	·	$1.44B	$1.40B	$1.17B	$954M

Balance Sheet 26

Annual Balance Sheet data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Cash & Equivalents	$159M	$156M	$223M	$142M	$256M	$205M	·	$194M	$165M	$926M	$236M
Receivables	$1.44B	$1.29B	$1.26B	$1.17B	$961M	$859M	·	$851M	$847M	$836M	$691M
Inventory	·	·	·	$12M	$0	·	·	·	·	·	·
Prepaid Expense	$333M	$244M	$253M	$230M	$224M	$205M	·	$192M	$196M	$189M	$184M
Other Current Assets	·	·	·	·	·	·	·	·	·	$189M	$184M
Current Assets	$1.93B	$1.69B	$1.74B	$1.55B	$1.44B	$1.27B	·	$1.24B	$1.21B	$1.95B	$1.11B
PP&E (Net)	·	·	·	·	·	·	·	$4.62B	$4.49B	$3.42B	$3.08B
PP&E (Gross)	·	·	·	·	·	·	·	$8.05B	$7.60B	$6.25B	$5.54B
Accum. Depreciation	$4.91B	$4.35B	$4.06B	$3.91B	$3.98B	$3.74B	·	$3.43B	$3.11B	$2.83B	$2.45B
Goodwill	$5.29B	$5.08B	$5.02B	$4.88B	$4.46B	$4.56B	·	$4.49B	$4.44B	$4.07B	$3.91B
Intangibles	$1.27B	$1.27B	$1.28B	$1.42B	$1.18B	$1.33B	·	$1.39B	$1.51B	$1.40B	$1.27B
Other Non-current Assets	$623M	$546M	$430M	$588M	$382M	$296M	·	$210M	$212M	$134M	$134M
Total Assets	$21.13B	$18.72B	$17.47B	$16.14B	$14.45B	$14.15B	·	$13.82B	$11.86B	$10.98B	$9.49B
Accounts Payable	$711M	$679M	$540M	$469M	$369M	$360M	·	$325M	$319M	$289M	$222M
Accrued Liabilities	$1.29B	$1.37B	$1.25B	$1.03B	$1.03B	$1.15B	·	$962M	$781M	$653M	$450M
Current Liabilities	$2.62B	$3.09B	$2.24B	$1.92B	$2.02B	$2.00B	·	$1.95B	$1.49B	$1.33B	$1.05B
Capital Leases	$2.30B	$2.33B	$2.56B	$2.43B	$2.17B	$2.04B	·	$1.73B	$0	·	·
Deferred Tax	$184M	$205M	$235M	$263M	$224M	$198M	·	$188M	$184M	$156M	$151M
Other Non-current Liabilities	$450M	$312M	$238M	$317M	$144M	$205M	·	$143M	$111M	$73M	$100M
Long-term Debt	$16.43B	$13.72B	$11.93B	$10.57B	$9.27B	$8.70B	·	$8.66B	$8.14B	$7.04B	$6.25B
Total Debt	$16.43B	$13.72B	$11.93B	$10.57B	$9.27B	$8.70B	·	$8.66B	$8.14B	$7.04B	$6.25B
Common Stock	$3M	$3M	$3M	$3M	$3M	$3M	·	$3M	$3M	$3M	$3M
AOCI	$-369M	$-570M	$-371M	$-442M	$-338M	$-256M	·	$-263M	$-266M	$-104M	$-213M
Stockholders' Equity	$-981M	$-503M	$212M	$637M	$856M	$1.14B	·	$1.46B	$1.86B	$2.30B	$1.94B
Liabilities + Equity	$21.13B	$18.72B	$17.47B	$16.14B	$14.45B	$14.15B	·	$13.82B	$11.86B	$10.97B	$9.49B
Shares Outstanding	295,788,645	293,592,637	292,142,739	290,830,296	289,757,061	288,273,049	288,162,966	287,299,645	286,321,009	283,110,183	263,682,670

Cash Flow 16

Annual Cash Flow data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
D&A	$1.02B	$901M	$776M	$728M	$680M	$652M	·	$658M	$640M	$522M	$452M
Stock-based Comp	$140M	$118M	$74M	$57M	$61M	$38M	·	$36M	$31M	$30M	$29M
Deferred Tax	$-48M	$-41M	$-35M	$-56M	$29M	$-13M	·	$-624.0K	$-4M	$-39M	$-50M
Amort. of Intangibles	·	·	$250M	$249M	$215M	$205M	·	$202M	$187M	$116M	$87M
Restructuring	·	·	·	·	$206M	$194M	$177M	$49M	$0	$0	·
Other Non-cash	$71M	$35M	$112M	$-363M	$-464M	$-32M	·	$5M	$-89M	$20M	$6M
Operating Cash Flow	$1.34B	$1.20B	$1.11B	$928M	$759M	$988M	·	$967M	$936M	$721M	$544M
CapEx	$2.27B	$1.79B	$1.34B	$875M	$611M	$438M	·	$693M	$460M	$343M	$329M
Investing Cash Flow	$-2.57B	$-2.14B	$-1.44B	$-1.66B	$-473M	$-85M	·	$-731M	$-2.22B	$-599M	$-536M
Stock Issued	·	·	·	·	·	$0	·	$0	$9M	$59M	$0
Net Stock Activity	·	·	·	·	·	$0	·	$0	$9M	·	·
Dividends Paid	$919M	$790M	$738M	$724M	$718M	$716M	·	$705M	$674M	$440M	$506M
Financing Cash Flow	$1.27B	$877M	$426M	$639M	$-221M	$-887M	·	$-199M	$551M	$540M	$125M
Net Change in Cash	$3M	$-67M	$81M	$-114M	$51M	$12M	·	$28M	$-760M	$689M	$108M
Taxes Paid	$122M	$91M	$90M	$100M	$130M	$43M	·	$62M	$64M	$104M	·
Free Cash Flow	$-932M	$-595M	$-226M	$52M	$148M	$549M	·	$274M	$475M	$378M	$215M

Profitability 7

Annual Profitability data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Operating Margin	16.9%	16.4%	16.8%	20.6%	19.0%	22.5%	·	18.3%	17.9%	-183.6%	-161.5%
Net Margin	2.2%	3.0%	3.4%	11.0%	10.1%	8.3%	·	6.3%	8.6%	-52.4%	-34.5%
Pretax Margin	3.1%	4.0%	4.2%	12.4%	·	·	·	·	·	·	·
EBITDA Margin	31.7%	31.1%	31.0%	34.8%	34.2%	38.3%	·	33.8%	33.0%	-331.3%	-307.1%
ROA	0.76%	0.99%	1.1%	3.7%	3.2%	2.5%	·	1.9%	3.1%	1.8%	1.4%
ROE	-20.5%	-126.0%	44.1%	75.3%	45.4%	26.4%	·	16.1%	17.4%	8.8%	8.8%
ROIC	5.4%	5.7%	6.3%	8.3%	·	·	·	·	·	·	·

Liquidity & Solvency 4

Annual Liquidity & Solvency data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Current Ratio	0.7	0.5	0.8	0.8	0.7	0.6	·	0.6	0.8	1.5	1.1
Quick Ratio	0.6	0.5	0.7	0.7	0.6	0.5	·	0.5	0.7	1.3	0.9
Debt / Equity	-16.8	-27.3	56.4	16.6	10.8	7.7	·	5.9	4.3	3.1	3.2
LT Debt / Equity	-16.5	-25.8	55.8	16.5	10.5	7.5	·	5.7	4.3	3.0	3.1

Efficiency 2

Annual Efficiency data for IRM
Metric	Trend	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Asset Turnover		0.3	0.3	0.3	0.3	0.3	0.3	·	0.3	0.4	-0.0	-0.0
Receivables Turnover		5.0	4.8	4.5	4.8	4.9	4.9	·	5.0	5.0	-0.5	-0.5

Per Share 6

Annual Per Share data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Book Value / Share	$-3.32	$-1.71	$0.72	$2.19	$2.95	$3.94	·	$5.10	$6.58	$8.12	$7.34
Revenue / Share	$23.17	$20.76	$18.64	$17.45	$15.44	$14.37	·	$14.82	$14.74	$-1.32	$-1.26
Cash Flow / Share	$4.50	$4.04	$3.79	$3.17	$2.61	$3.42	·	$3.36	$3.26	$2.70	$2.20
Cash / Share	$0.54	$0.53	$0.76	$0.49	$0.88	$0.71	·	$0.67	$0.58	$3.27	$0.90
Dividend / Share	$3	$3	$3	$2	$2	$2	·	$2	$2	$2	$2
EPS (TTM)	$0.49	$0.61	$0.63	$1.90	$1.55	$1.19	$0.46	$0.93	$1.23	$0.64	$0.42

Growth Rates 10

Annual Growth Rates data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Revenue YoY	12.2%	12.2%	7.4%	13.6%	8.3%	·	·	·	·	·	·
Revenue CAGR 3Y	10.6%	11.0%	9.7%	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	10.7%	·	·	·	·	·	·	·	·	·	·
EPS YoY	-19.7%	-3.2%	-66.8%	22.6%	30.2%	·	·	·	·	·	·
EPS CAGR 3Y	-36.4%	-26.7%	-19.1%	·	·	·	·	·	·	·	·
EPS CAGR 5Y	-16.3%	·	·	·	·	·	·	·	·	·	·
Net Income YoY	-17.1%	-1.9%	-66.7%	24.2%	31.9%	·	·	·	·	·	·
Net Income CAGR 3Y	-35.3%	-26.0%	-18.3%	·	·	·	·	·	·	·	·
Net Income CAGR 5Y	-15.0%	·	·	·	·	·	·	·	·	·	·
Dividend CAGR 5Y	5.1%	·	·	·	·	·	·	·	·	·	·

Valuation (TTM) 16

Annual Valuation (TTM) data for IRM
Metric	2025	2024	2023	2022	2021	2020	2020	2019	2018	2017	2016
Revenue TTM	$6.90B	$6.15B	$5.48B	$5.10B	$4.49B	$4.15B	$4.17B	$4.26B	$4.23B	$3.85B	$3.51B
Net Income TTM	$152M	$184M	$187M	$562M	$453M	$343M	$133M	$268M	$355M	$172M	$107M
Market Cap	$24.54B	$30.86B	$20.44B	$14.50B	$15.16B	$8.50B	·	$9.16B	$9.28B	$10.68B	$8.56B
Enterprise Value	$40.81B	$44.42B	$32.15B	$24.93B	$24.18B	$17.00B	·	$17.63B	$17.26B	$16.80B	$14.58B
P/E	169.3	172.3	111.1	26.2	33.8	24.8	58.2	34.3	26.3	59.0	77.3
P/S	3.6	5.0	3.7	2.8	3.4	2.0	·	2.1	2.2	2.8	2.4
P/B	-25.0	-61.3	96.6	22.8	17.7	7.5	·	6.3	4.9	4.6	4.4
P / Cash Flow	18.3	25.8	18.4	15.6	20.0	8.6	·	9.5	9.9	14.8	15.7
P / FCF	-26.3	-51.9	-90.6	277.1	102.6	15.5	·	33.5	19.5	28.3	39.8
EV / EBITDA	18.6	23.3	18.9	14.0	15.8	10.7	·	12.2	12.4	14.3	15.3
EV / FCF	-43.8	-74.7	-142.5	476.4	163.6	30.9	·	64.4	36.3	44.5	67.7
EV / Revenue	5.9	7.2	5.9	4.9	5.4	4.1	·	4.1	4.1	4.4	4.2
Dividend Yield	3.8%	2.6%	3.6%	5.0%	4.7%	8.4%	·	7.7%	7.3%	4.1%	5.9%
Earnings Yield	0.59%	0.58%	0.90%	3.8%	3.0%	4.0%	1.7%	2.9%	3.8%	1.7%	1.3%
Payout Ratio	603.9%	429.9%	393.9%	128.9%	158.7%	208.8%	·	262.6%	184.8%	237.3%	471.8%
Annual Payout	$919M	$790M	$738M	$724M	$718M	$716M	·	$705M	$674M	$440M	$506M

Income Statement 14

Quarterly Income Statement data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue	$1.94B	$1.84B	$1.75B	$1.71B	$1.59B	$1.58B	$1.56B	$1.53B	$1.48B	$1.42B	$1.39B	$1.36B	$1.31B	$1.28B	$1.29B	$1.29B
SG&A Expense	$373M	$338M	$335M	$390M	$330M	$333M	$342M	$345M	$319M	$315M	$315M	$312M	$295M	$279M	$285M	$295M
Operating Expenses	$1.54B	$1.50B	$1.45B	$1.45B	$1.34B	$1.30B	$1.31B	$1.30B	$1.23B	$1.19B	$1.15B	$1.15B	$1.07B	$1.03B	$1.00B	$996M
Operating Income	$395M	$341M	$309M	$260M	$254M	$282M	$251M	$230M	$246M	$231M	$238M	$213M	$241M	$248M	$286M	$294M
Interest Income	$2M	$1M	$8M	$4M	$3M	$10M	$949.0K	$0	$4M	$3M	$4M	$2M	$3M	$2M	$2M	$2M
Other Non-op	$5M	$-17M	$4M	$-82M	$-28M	$36M	$-86M	$-6M	$13M	$-41M	$16M	$-63M	$-21M	$32M	$53M	$41M
Pretax Income	$176M	$104M	$103M	$-27M	$31M	$124M	$-21M	$48M	$94M	$38M	$101M	$5M	$82M	$143M	$217M	$220M
Income Tax	$27M	$11M	$17M	$16M	$15M	$19M	$12M	$13M	$17M	$9M	$10M	$4M	$17M	$17M	$24M	$18M
Net Income	$149M	$93M	$86M	$-43M	$16M	$106M	$-34M	$35M	$77M	$29M	$91M	$1M	$66M	$126M	$193M	$202M
EPS (Basic)	$0.48	$0.31	$0.28	$-0.15	$0.05	$0.35	$-0.11	$0.12	$0.25	$0.10	$0.31	$0.00	$0.22	$0.42	$0.66	$0.69
EPS (Diluted)	$0.48	$0.31	$0.28	$-0.15	$0.05	$0.35	$-0.11	$0.12	$0.25	$0.10	$0.31	$0.00	$0.22	$0.42	$0.66	$0.68
Shares (Basic)	296,848,000	-590,239,000	295,771,000	295,364,000	294,507,000	-586,324,000	293,603,000	293,340,000	292,746,000	-583,479,000	292,148,000	291,825,000	291,442,000	-581,209,000	290,937,000	290,756,000
Shares (Diluted)	298,834,000	-592,789,000	297,981,000	295,364,000	297,260,000	-588,428,000	293,603,000	295,838,000	295,221,000	-586,880,000	294,269,000	293,527,000	293,049,000	-584,441,000	292,552,000	292,487,000
EBITDA	$663M	·	$571M	$512M	$486M	·	$483M	$455M	$455M	·	$437M	$408M	$423M	·	$461M	$472M

Balance Sheet 23

Quarterly Balance Sheet data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Cash & Equivalents	$251M	$159M	·	·	·	$156M	·	·	·	·	·	·	$146M	·	$155M	$145M
Receivables	$1.42B	$1.44B	$1.37B	$1.39B	$1.31B	$1.29B	$1.24B	$1.27B	$1.27B	·	$1.17B	$1.18B	$1.17B	·	$1.13B	$1.12B
Inventory	·	·	·	·	·	·	·	·	·	·	·	·	·	·	$15M	$22M
Prepaid Expense	$368M	$333M	$314M	$292M	$283M	$244M	$307M	$296M	$275M	·	$279M	$280M	$280M	·	$268M	$281M
Current Assets	$2.04B	$1.93B	$1.88B	$1.90B	$1.75B	$1.69B	$1.72B	$1.71B	$1.74B	·	$1.62B	$1.61B	$1.60B	·	$1.56B	$1.54B
Accum. Depreciation	·	$4.91B	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Goodwill	$5.27B	$5.29B	$5.27B	$5.23B	$5.14B	$5.08B	$5.20B	$5.10B	$5.11B	$5.02B	$4.94B	$4.93B	$4.90B	$4.88B	$4.83B	$4.92B
Intangibles	$1.23B	$1.27B	$1.25B	$1.24B	$1.27B	$1.27B	$1.28B	$1.28B	$1.33B	·	$1.35B	$1.35B	$1.38B	·	$1.44B	$1.51B
Other Non-current Assets	$648M	$623M	$636M	$615M	$567M	$546M	$490M	$483M	$440M	·	$457M	$516M	$578M	·	$575M	$518M
Total Assets	$21.49B	$21.13B	$20.63B	$20.18B	$19.36B	$18.72B	$18.47B	$17.97B	$17.83B	$17.47B	$16.88B	$16.68B	$16.47B	$16.14B	$15.69B	$15.62B
Accounts Payable	$783M	$711M	$658M	$651M	$708M	$679M	$587M	$528M	$525M	·	$448M	$482M	$512M	·	$432M	$435M
Accrued Liabilities	$1.27B	$1.29B	$1.15B	$1.23B	$1.06B	$1.37B	$1.29B	$1.17B	$1.05B	·	$1.11B	$1.14B	$1.06B	·	·	·
Current Liabilities	$2.66B	$2.62B	$2.86B	$3.00B	$2.84B	$3.09B	$2.31B	$2.16B	$2.03B	·	$1.99B	$2.06B	$2.01B	·	$1.73B	$1.78B
Capital Leases	$2.28B	$2.30B	$2.28B	$2.25B	$2.22B	$2.33B	$2.44B	$2.45B	$2.53B	·	$2.48B	$2.51B	$2.51B	·	$2.41B	$2.37B
Deferred Tax	$180M	$184M	$218M	$221M	$205M	$205M	$233M	$231M	$233M	·	$274M	$273M	$272M	·	$308M	$325M
Other Non-current Liabilities	$356M	$450M	$389M	$376M	$339M	$312M	$278M	$257M	$255M	·	$158M	$164M	$170M	·	$399M	$405M
Long-term Debt	$17.10B	$16.43B	$16.19B	$15.60B	$14.91B	$13.72B	$13.38B	$12.94B	$12.71B	·	$11.66B	$11.25B	$10.96B	·	$10.31B	$10.08B
Total Debt	$17.10B	·	$16.19B	$15.60B	$14.91B	·	$13.38B	$12.94B	$12.71B	·	$11.66B	$11.25B	$10.96B	·	$10.31B	$10.08B
Common Stock	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	·	$3M	$3M	$3M	·	$3M	$3M
AOCI	$-403M	$-369M	$-379M	$-364M	$-502M	$-570M	$-389M	$-461M	$-429M	·	$-458M	$-382M	$-406M	·	$-589M	$-447M
Stockholders' Equity	$-1.22B	$-981M	$-882M	$-767M	$-699M	$-503M	$-259M	$-133M	$19M	·	$263M	$416M	$545M	·	$529M	$647M
Liabilities + Equity	$21.49B	$21.13B	$20.63B	$20.18B	$19.36B	$18.72B	$18.47B	$17.97B	$17.83B	·	$16.88B	$16.68B	$16.47B	·	$15.69B	$15.62B
Shares Outstanding	297,478,818	295,788,645	295,504,799	295,271,945	294,968,740	293,592,637	293,425,265	293,298,465	293,085,683	292,142,739	291,927,407	291,824,958	291,584,999	290,830,296	290,687,942	290,679,958

Cash Flow 13

Quarterly Cash Flow data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
D&A	$268M	$278M	$262M	$253M	$232M	$235M	$232M	$225M	$210M	$200M	$199M	$195M	$182M	$191M	$175M	$178M
Stock-based Comp	$28M	$22M	$32M	$60M	$26M	$45M	$30M	$30M	$14M	$21M	$18M	$22M	$13M	$11M	$14M	$20M
Deferred Tax	$2M	$-38M	$-12M	$9M	$-6M	$-32M	$-9M	$-2M	$1M	$-28M	$-11M	$-1M	$4M	$-33M	$-4M	$-8M
Restructuring	·	·	·	·	·	·	·	·	·	·	·	·	·	·	$3M	$0
Other Non-cash	$-109M	·	·	·	$-71M	·	·	·	$-172M	·	·	·	$-136M	·	·	·
Operating Cash Flow	$339M	$500M	$268M	$375M	$197M	$432M	$253M	$382M	$130M	$447M	$220M	$317M	$129M	$367M	$214M	$291M
CapEx	$518M	$516M	$524M	$557M	$675M	$618M	$396M	$397M	$381M	$377M	$362M	$335M	$266M	$279M	$267M	$169M
Investing Cash Flow	$-531M	$-606M	$-617M	$-584M	$-767M	$-695M	$-482M	$-434M	$-526M	$-409M	$-390M	$-373M	$-273M	$-357M	$-313M	$-101M
Dividends Paid	$276M	$232M	$232M	$232M	$223M	$210M	$191M	$191M	$198M	$190M	$181M	$181M	$187M	$180M	$180M	$180M
Financing Cash Flow	$271M	$67M	$318M	$304M	$579M	$238M	$270M	$7M	$362M	$22M	$194M	$60M	$150M	$-19M	$116M	$-230M
Net Change in Cash	$92M	$-37M	$-23M	$63M	$-378.0K	$-13M	$24M	$-47M	$-31M	$52M	$21M	$3M	$5M	$-13M	$10M	$-51M
Taxes Paid	$26M	$32M	$30M	$32M	$28M	$23M	$25M	$24M	$19M	$15M	$28M	$28M	$19M	$22M	$21M	$38M
Free Cash Flow	$-179M	·	·	·	$-477M	·	·	·	$-251M	·	·	·	$-137M	·	·	·

Profitability 7

Quarterly Profitability data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Operating Margin	20.4%	·	17.6%	15.2%	16.0%	·	16.1%	15.0%	16.6%	·	17.1%	15.7%	18.3%	·	22.2%	22.8%
Net Margin	7.7%	·	4.9%	-2.5%	1.0%	·	-2.2%	2.3%	5.2%	·	6.6%	0.08%	5.0%	·	15.0%	15.7%
Pretax Margin	9.1%	·	5.9%	-1.6%	1.9%	·	-1.4%	3.1%	6.3%	·	7.3%	0.40%	6.3%	·	16.9%	17.1%
EBITDA Margin	34.2%	·	32.5%	29.9%	30.6%	·	31.0%	29.6%	30.8%	·	31.4%	30.0%	32.2%	·	35.8%	36.6%
ROA	0.73%	·	0.44%	-0.23%	0.09%	·	-0.19%	0.20%	0.45%	·	0.56%	0.01%	0.41%	·	1.3%	1.4%
ROE	-15.6%	·	-15.1%	9.6%	-4.8%	·	-1927.6%	24.4%	27.3%	·	23.1%	0.22%	10.1%	·	25.7%	22.5%
ROIC	2.1%	·	1.7%	2.8%	0.93%	·	3.0%	1.3%	1.6%	·	1.8%	0.39%	1.7%	·	2.4%	2.5%

Liquidity & Solvency 4

Quarterly Liquidity & Solvency data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Current Ratio	0.8	·	0.7	0.6	0.6	·	0.7	0.8	0.9	·	0.8	0.8	0.8	·	0.9	0.9
Quick Ratio	0.6	·	0.5	0.5	0.5	·	0.5	0.6	0.6	·	0.6	0.6	0.7	·	0.7	0.7
Debt / Equity	-14.1	·	-18.4	-20.3	-21.4	·	-51.7	-97.4	685.6	·	44.4	27.0	20.1	·	19.5	15.6
LT Debt / Equity	-13.9	·	-17.6	-19.3	-20.3	·	-51.1	-96.4	679.2	·	44.0	26.8	19.9	·	19.3	15.4

Efficiency 2

Quarterly Efficiency data for IRM
Metric	Trend	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Asset Turnover		0.1	·	0.1	0.1	0.1	·	0.1	0.1	0.1	·	0.1	0.1	0.1	·	0.1	0.1
Receivables Turnover		1.4	·	1.3	1.3	1.2	·	1.3	1.2	1.2	·	1.2	1.2	1.2	·	1.3	1.3

Per Share 6

Quarterly Per Share data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Book Value / Share	$-4.08	·	$-2.98	$-2.60	$-2.37	·	$-0.88	$-0.45	$0.06	·	$0.90	$1.43	$1.87	·	$1.82	$2.23
Revenue / Share	$6.48	·	$5.89	$5.80	$5.36	·	$5.30	$5.19	$5.00	·	$4.72	$4.63	$4.49	·	$4.40	$4.41
Cash Flow / Share	$1.13	·	·	·	$0.66	·	·	·	$0.44	·	·	·	$0.44	·	·	·
Cash / Share	$0.84	·	·	·	·	·	·	·	·	·	·	·	$0.50	·	$0.53	$0.50
Dividend / Share	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1
EPS (TTM)	$0.66	·	$0.07	$-0.09	$0.31	·	$0.57	$0.68	$0.78	·	$1.19	$1.56	$1.70	·	$1.71	$2.00

Valuation (TTM) 14

Quarterly Valuation (TTM) data for IRM
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue TTM	$6.99B	·	$6.62B	$6.40B	$6.16B	·	$5.96B	$5.76B	$5.54B	·	$5.35B	$5.25B	$5.14B	·	$4.95B	$4.79B
Net Income TTM	$208M	·	$25M	$-26M	$94M	·	$169M	$204M	$235M	·	$351M	$461M	$502M	·	$505M	$588M
Market Cap	$30.38B	·	$30.12B	$30.29B	$25.38B	·	$34.87B	$26.29B	$23.51B	·	$17.36B	$16.58B	$15.43B	·	$12.78B	$14.15B
Enterprise Value	$47.24B	·	·	·	·	·	·	·	·	·	·	·	$26.25B	·	$22.94B	$24.09B
P/E	154.8	·	1456.3	-1139.7	277.5	·	208.5	131.8	102.8	·	50.0	36.4	31.1	·	25.7	24.3
P/S	4.3	·	4.6	4.7	4.1	·	5.9	4.6	4.2	·	3.2	3.2	3.0	·	2.6	3.0
P/B	-25.0	·	-34.2	-39.5	-36.3	·	-134.6	-197.8	1268.3	·	66.1	39.8	28.3	·	24.2	21.9
P / Cash Flow	89.7	·	·	·	128.6	·	·	·	180.8	·	·	·	119.8	·	·	·
P / FCF	-169.3	·	·	·	-53.2	·	·	·	-93.6	·	·	·	-112.5	·	·	·
EV / EBITDA	71.2	·	·	·	·	·	·	·	·	·	·	·	62.1	·	49.8	51.0
EV / FCF	-263.2	·	·	·	·	·	·	·	·	·	·	·	-191.4	·	·	·
EV / Revenue	6.8	·	·	·	·	·	·	·	·	·	·	·	5.1	·	4.6	5.0
Earnings Yield	0.65%	·	0.07%	-0.09%	0.36%	·	0.48%	0.76%	0.97%	·	2.0%	2.8%	3.2%	·	3.9%	4.1%
Payout Ratio	185.0%	·	·	·	1376.7%	·	·	·	257.1%	·	·	·	284.6%	·	·	·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement

	2025-12-31	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	$6.90B	—	$6.15B	—	—
Operating Margin %	16.9%	—	16.4%	—	—
Net Income	$152M	—	$184M	—	—
Diluted EPS	$0.49	—	$0.61	—	—

Balance Sheet

	2025-12-31	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Debt / Equity	-16.8	—	-27.3	—	—
Current Ratio	0.7	—	0.5	—	—
Quick Ratio	0.6	—	0.5	—	—

Cash Flow

	2025-12-31	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Free Cash Flow	$-932M	—	$-595M	—	—

Latest News Recent headlines mentioning this company

Rocket Lab buys Iridium in $8 billion deal to take on SpaceX Yahoo Finance · 3 hours, 32 minutes ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

IRM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

IRM Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

Moving averages & overlays

Volume

Oscillators

Momentum & trend

10-Year Performance Revenue, net income, margins and EPS trends

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Financial Health Debt, liquidity, solvency — balance sheet strength

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Dividends Yield, payout ratio, dividend history, 5Y CAGR

IRM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

12-Month Price Target

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Peer Comparison Key metrics vs sector peers

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals