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

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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

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

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Year over year growth in Revenue and Operating Expenses.

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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 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

Earnings data Q4 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.

Iron Mountain achieves record Q3 results, eyes growth opportunities

Iron Mountain's Q3 2024 performance showcased record results and strategic wins across various business segments, driving revenue growth.
The company's focus on customer value, cross-selling, and market expansion positions it well for long-term growth and revenue targets.
Challenges in maintaining growth targets and integrating acquisitions exist, but opportunities in organic growth and market expansion offer potential for continued success.

Revenue

Cost of revenue

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SG&A

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EBITDA

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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.

Iron Mountain Incorporated has outperformed the broader REIT market, returning a total of 27% in the past year and a half, despite being in a sector at risk of decline. The company has seen revenue increase by double-digits YoY and AFFO per share reach $0.97, up 7% YoY, but growth is expected to slow as paper storage declines. Despite these positive figures, the company is rated as a HOLD due to its sub-par balance sheet and questionable future growth prospects in the sector.

Iron Mountain: Little Upside Left

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PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, will report its second quarter 2023 financial results before market hours on Thursday, August 3, 2023. The Company will also host a conference call to discuss results on the same day. The earnings press release, conference call slides, and supplemental financial information will be available.

Iron Mountain Schedules Second Quarter 2023 Earnings Release and Conference Call

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, has elected Theodore R. Samuels to the Board of Directors, effective July 17, 2023. Mr. Samuels brings more than 35 years of expertise in the financial industry to the Iron Mountain Board, with a background in capital markets and investments. Mr. Samuels was an investor at Capital Group, one.

Iron Mountain announces the election of Theodore R. Samuels to the Board of Directors

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IRM remains a buy despite the impressive rally thus far, attributed to the attractive upside potential to our price target of $71.45. Assuming a Fed pause ahead, we may see its interest expenses moderate, potentially boosting its profitability and dividend payout per share to $2.51. Combined with the IRM management's optimistically raised FY2023 outlook, we remain confident about its ability to sustain excellent dividends, despite the uncertain macroeconomics.

Iron Mountain: Learning From Our Mounting Mistakes

Iron Mountain Incorporated's wide moat business continues to grow: all-time record quarterly Q1 revenue of $1.31B. Storage revenue, EBITDA, NFFO, and AFFO all rose ~7% in Q1 '23. Iron Mountain's 10-year total return is over 5X the S&P's. Iron Mountain Management expects ~7% midpoint EBITDA growth in 2023.

Iron Mountain: Wide Moat Dividend REIT, Record Q1 Revenue

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Iron Mountain Incorporated's dividend payout ratio should improve from the mid-60% range for 2022 to the low-60% range in 2023. The company's total revenue and adjusted funds from operations per share rose in the first quarter. My inputs into the dividend discount model and discounted cash flows model show the stock to be trading at a 2% discount to fair value.

Iron Mountain: Buy This REIT For 'Mountainous' Dividend Income

TAMPA, Fla.--(BUSINESS WIRE)--Abacode, one of the fastest-growing Cybersecurity and Compliance firms in the United States, announced today that Donna Houk has joined the leadership team as Executive Vice President of Global Sales. In this pivotal role, Donna will lead Abacode's revenue teams encompassing sales, marketing, customer success, and revenue ops. Donna will work closely with the Abacode leadership team, Board of Directors, and Advisory Board to strategically accelerate Abacode's growt.

Abacode Appoints Former Iron Mountain Executive, Donna Houk, as EVP of Global Sales

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Iron Mountain's (IRM) stable and resilient business, strategic expansions in the data center segment and a solid balance sheet bode well for its growth.

Key Reasons to Add Iron Mountain (IRM) Stock to Your Portfolio

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, today announced that William Meaney, President & CEO and Barry Hytinen, EVP & CFO will present at the Stifel 2023 Cross Sector Insight Conference at the InterContinental Hotel in Boston, MA on Tuesday, June 6, 2023 at 8:00 am ET. You may access the webcast on the Investor Relations se.

Iron Mountain to Participate in Stifel 2023 Cross Sector Insight Conference

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News for Iron Mountain Stock (IRM)