Iron Mountain Incorporated IRM
Iron Mountain Incorporated (NYSE: IRM) is trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds. Our broad range of solutions address their information management, digital transformation, information security, data center and asset lifecycle management needs. Our longstanding commitment to safety, security, sustainability and innovation in support of our customers underpins everything we do.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-30) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $6.90B | $144.59M | $1.02B | $2.08B | $1.34B |
| 2024 | $6.15B | $180.16M | $926.49M | $1.91B | $1.20B |
| 2023 | $5.48B | $184.23M | $793.02M | $1.62B | $1.11B |
| 2022 | $5.10B | $556.98M | $745.64M | $1.87B | $927.70M |
| 2021 | $4.49B | $450.22M | $696.97M | $1.75B | $758.90M |
| 2020 | $4.15B | $342.69M | $669.45M | $1.47B | $987.66M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-15 | 2026-06-15 | 2026-07-06 | 2026-04-30 | $0.86 | Quarterly |
| 2026-03-16 | 2026-03-16 | 2026-04-03 | 2026-02-12 | $0.86 | Quarterly |
| 2025-12-15 | 2025-12-15 | 2026-01-06 | 2025-11-05 | $0.86 | Quarterly |
| 2025-09-15 | 2025-09-15 | 2025-10-03 | 2025-08-06 | $0.79 | Quarterly |
| 2025-06-16 | 2025-06-16 | 2025-07-03 | 2025-05-01 | $0.79 | Quarterly |
| 2025-03-17 | 2025-03-17 | 2025-04-04 | 2025-02-13 | $0.79 | Quarterly |
| 2024-12-16 | 2024-12-16 | 2025-01-07 | 2024-11-06 | $0.71 | Quarterly |
| 2024-09-16 | 2024-09-16 | 2024-10-03 | 2024-08-01 | $0.71 | Quarterly |
| 2024-06-17 | 2024-06-17 | 2024-07-05 | 2024-05-02 | $0.65 | Quarterly |
| 2024-03-14 | 2024-03-15 | 2024-04-04 | 2024-02-22 | $0.65 | Quarterly |
| 2023-12-14 | 2023-12-15 | 2024-01-04 | 2023-11-02 | $0.65 | Quarterly |
| 2023-09-14 | 2023-09-15 | 2023-10-05 | 2023-08-03 | $0.65 | Quarterly |
| 2023-06-14 | 2023-06-15 | 2023-07-06 | 2023-05-04 | $0.62 | Quarterly |
| 2023-03-14 | 2023-03-15 | 2023-04-05 | 2023-02-23 | $0.62 | Quarterly |
| 2022-12-14 | 2022-12-15 | 2023-01-05 | 2022-11-03 | $0.62 | Quarterly |
| 2022-09-14 | 2022-09-15 | 2022-10-04 | 2022-08-04 | $0.62 | Quarterly |
| 2022-06-14 | 2022-06-15 | 2022-07-16 | 2022-04-28 | $0.62 | Quarterly |
| 2022-03-14 | 2022-03-15 | 2022-04-06 | 2022-02-24 | $0.62 | Quarterly |
| 2021-12-14 | 2021-12-15 | 2022-01-06 | 2021-11-04 | $0.62 | Quarterly |
| 2021-09-14 | 2021-09-15 | 2021-10-06 | 2021-08-05 | $0.62 | Quarterly |
| 2021-06-14 | 2021-06-15 | 2021-07-06 | 2021-05-06 | $0.62 | Quarterly |
| 2021-03-12 | 2021-03-15 | 2021-04-06 | 2021-02-24 | $0.62 | Quarterly |
| 2020-12-14 | 2020-12-15 | 2021-01-06 | 2020-11-04 | $0.62 | Quarterly |
| 2020-09-14 | 2020-09-15 | 2020-10-02 | 2020-08-05 | $0.62 | Quarterly |
Coverage (payout of operating cash flow): 76.81%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.