Revenue segments as reported by the company.

Storage Rental

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, General and Administrative

Depreciation and Amortization

Acquisition and Integration Costs

Restructuring Charges

(Gain) Loss on Disposal/Write-Down of PP&E, Net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Iron Mountain

Iron Mountain, Inc. engages in the provision of storage and information management solutions. It operates through the following business segments: North American Records & Information Management Business, North American Data Management Business, Western European Business, Other International Business, Global Data Center Business and Corporate & Other Business. The North American Records & Information Management Business segment offers record management, destruction, and fulfillment services throughout the U.S. and Canada. The North American Data Management Business segment handles data protection and recovery, server and computer backup services, and safeguarding of electronic and physical media in the U.S. and Canada. The Western European Business segment offers records management, data protection and recovery services, and document management solutions throughout the United Kingdom, Ireland, Austria, Belgium, France, Germany, Netherlands, Spain, and Switzerland. The Other International Business segment offers storage and information management services throughout the remaining European countries, Latin America, the Middle East and Africa. The Global Data Center Business segment provides data center facilities to protect mission-critical assets and ensure the continued operation of its customers IT infrastructures, with secure and reliable colocation and wholesale options. The Corporate & Other Business segment consists of the storage, safeguarding and electronic or physical deliveries of physical media of all types and digital content repository systems to house, distribute, and archive key media assets, primarily for entertainment and media industry clients. The company was founded by Herman Knaust in 1951 and is headquartered in Boston, MA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Iron Mountain (IRM) achieves record Q4 performance amidst challenges

Iron Mountain's Q4 2022 earnings call highlighted record performance, strong financial results, and challenges related to organic revenue growth trends and FX headwinds. The company remains optimistic about opportunities for growth in 2023, emphasizing revenue management and data center performance.

Iron Mountain achieves record Q1 results amidst pricing challenges

Iron Mountain's Q1 2023 performance showcased record revenue and growth, driven by significant contract wins and strong revenue management strategies.
While facing challenges in pricing trends and flat volumes in mature markets, the company is leveraging opportunities in data center demand, ALM growth, and customer-centric solutions.
With a focus on expansion, revenue mix growth, and overcoming pricing challenges, Iron Mountain aims to maintain stability and drive future growth in its diverse business segments.

Iron Mountain reports robust Q2 earnings, eyes global expansion

Iron Mountain (IRM) delivered strong financial performance in Q2 2023, driven by revenue growth, customer wins, and strategic acquisitions.
Despite challenges such as labor cost increases and retention rate contractions, the company remains focused on capitalizing on growth opportunities.
With a solid foundation in records management and a thriving data center business, Iron Mountain is well-positioned for future expansion and market diversification.
Continued focus on operational efficiency, pricing strategies, and global market expansion will be key for Iron Mountain's sustained growth and success.

Iron Mountain posts record Q3 earnings, eyes data center growth

Iron Mountain (IRM) delivered strong financial performance in Q3 2023, driven by revenue and EBITDA growth.
The company's focus on customer wins, ALM business stability, and data center development positions it for continued success.
Challenges include managing high CapEx for data center construction and optimizing real estate for conversions.
Opportunities lie in expanding ALM capabilities, improving data center yields, and strategic real estate conversions.

Iron Mountain (IRM) reports record Q4 earnings and projects growth in 2024

Iron Mountain (IRM) achieved record financial performance in Q4 and full year 2023, driven by diverse wins and strong business segments. The acquisition of Regency Technologies strengthens IRM's ALM business and sets the stage for continued success. Challenges in gross margin management and meeting 2024 targets exist amidst promising growth opportunities.

Iron Mountain excels in Q1 2024, eyes data center growth

Iron Mountain's Q1 2024 performance reflects strong revenue growth and operational improvements across all business segments.
The company's strategic initiatives, including Project Matterhorn and the Regency Technologies acquisition, have positioned it for continued success.
While facing challenges such as currency headwinds, Iron Mountain remains focused on leveraging opportunities in data center expansion and targeted acquisitions.

Iron Mountain achieves record Q2 performance, poised for strategic growth

Iron Mountain's Q2 2024 performance reflects robust revenue growth, operational efficiency, and strategic advancements across key business segments.
While facing potential challenges in a competitive landscape, the company's strong market position and diversified offerings provide a foundation for future growth.
By capitalizing on opportunities in expanding services and markets, Iron Mountain can further enhance its financial performance and shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Iron Mountain, Inc. engages in the provision of storage and information management solutions. It operates through the following business segments: North American Records & Information Management Business, North American Data Management Business, Western European Business, Other International Business, Global Data Center Business and Corporate & Other Business. The North American Records & Information Management Business segment offers record management, destruction, and fulfillment services throughout the U.S. and Canada. The North American Data Management Business segment handles data protection and recovery, server and computer backup services, and safeguarding of electronic and physical media in the U.S. and Canada. The Western European Business segment offers records management, data protection and recovery services, and document management solutions throughout the United Kingdom, Ireland, Austria, Belgium, France, Germany, Netherlands, Spain, and Switzerland. The Other International Business segment offers storage and information management services throughout the remaining European countries, Latin America, the Middle East and Africa. The Global Data Center Business segment provides data center facilities to protect mission-critical assets and ensure the continued operation of its customers IT infrastructures, with secure and reliable colocation and wholesale options. The Corporate & Other Business segment consists of the storage, safeguarding and electronic or physical deliveries of physical media of all types and digital content repository systems to house, distribute, and archive key media assets, primarily for entertainment and media industry clients. The company was founded by Herman Knaust in 1951 and is headquartered in Portsmouth, NH.

We recommended buying shares in Iron Mountain long before COVID-19. In fact, we were one of the very first dedicated REIT analysts to cover it back in 2012. It's hard to argue with 34% annual returns since 2015. Though I have to give credit where credit is due: The shutdowns created a definite window of opportunity to overweight.

Iron Mountain Stock: I'm Still Climbing

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There is substantial room to push rents in the records information management business.

Iron Mountain: Stable Core Business With Data Center Growth

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Iron Mountain: 5% Yield, Guidance Increased, Data Center Biz Up 15%

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Iron Mountain's (IRM) leasing of its data center in Pennsylvania with Fortune 100 tech customer reflects the solid demand for the company's data-center spaces.

Iron Mountain (IRM) Secures 2.4 Megawatt Lease in Pennsylvania

BOSTON--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), the global leader in innovative storage and information management services, announced that Mark Kidd, Executive Vice President & General Manager, Data Centers, will participate in a virtual fireside chat at the Cowen 7th Annual Communications Infrastructure Summit on Thursday, August 12th at 1:20 pm ET. A live webcast will be available under the Investor Relations section of www.ironmountain.com and the replay will be availab

Iron Mountain to Participate in the Cowen 7th Annual Communications Infrastructure Summit

BOSTON--(BUSINESS WIRE)--Iron Mountain (NYSE: IRM), the global leader in innovative storage and information management services, today announced that it has signed a 2.4 megawatt lease with a leading hyperscale enterprise software provider. The customer will deploy at Iron Mountain's WPA-1 data center in Boyers, Pennsylvania, and has existing deployments at other Iron Mountain data centers. Iron Mountain's data center solution met the security, resiliency, scalability and interconnection requir

Iron Mountain Signs 2.4 Megawatt Lease with Fortune 100 Technology Customer At Western Pennsylvania Data Center

At its current price levels (~$45), investment in Iron Mountain Incorporated (IRM) represents a quality business for sale at a discounted price. My last article, via a cost of capital analysis, showed the business sustainably earns a healthy return on capital invested.

Iron Mountain: Sustainable Profitability And Undervaluation

Iron Mountain's (IRM) CEO Bill Meaney on Q2 2021 Results - Earnings Call Transcript

Iron Mountain's (IRM) Q2 results reflect resiliency in the core storage business and the service segment. The company also raises the guidance for 2021.

Iron Mountain (IRM) Beats on Q2 FFO, Increases '21 View

Iron Mountain Inc (NYSE: IRM) reported second-quarter FY21 revenue growth of 14% year-on-year to $1.12 billion, beating the analyst consensus of $1.09 billion. Storage Rental Revenue grew 6.1% Y/Y to $718.3 million, and Service Revenue increased 31.5% Y/Y to $401.5 million.

Service, Data Center Revenue Drive Iron Mountain's Q2 Earnings Beat, Hiked FY21 Outlook

Shares of Iron Mountain (NYSE:IRM) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were down 56.32% year over year to $0.38, which beat the estimate of $0.35.

Recap: Iron Mountain Q2 Earnings

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At its current price levels (~$43), investment in Iron Mountain Incorporated represents a quality business for sale at a discounted price. A cost of capital analysis shows the business sustainably earns a healthy return on capital invested.

Iron Mountain: Cost Of Capital Analysis Indicates Undervaluation

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News for Iron Mountain Stock (IRM)