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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Operating expenses

SG&A

Other

Operating income

EBITDA

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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.

IRM acquires data center development sites in Richmond, VA and Manassas, VA, to strengthen its global data center portfolio.

Iron Mountain Announces Acquisition of Data Center Sites in Virginia

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain (NYSE: IRM), a global leader in information management services, has acquired two data center development sites in Virginia - adding significant planned capacity to support its rapid growth in the data center market. These latest acquisitions bring more than 100 acres to Iron Mountain's data center development portfolio, and add an estimated 350+ megawatts (MW) of planned future capacity - taking the company's total data center capacity to in exc.

Iron Mountain Expands Planned Data Center Capacity in Virginia by more than 350 Megawatts

Iron Mountain Incorporated (NYSE:IRM ) JPMorgan Ultimate Services Investor Conference November 14, 2024 1:50 PM ET Company Participants Barry Hytinen - CFO Conference Call Participants Alex Hess - JPMorgan Alex Hess Good afternoon. I'm Alex Hess, a member of the business and information services equity research team led by Andrew Steinerman here at JPMorgan.

Iron Mountain Incorporated (IRM) JPMorgan Ultimate Services Investor Conference (Transcript)

Subscribers to Schaeffer's Weekend Trader options recommendation service received this IRM commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

This REIT Presents an Intriguing Buying Opportunity

Strong cash flows from the storage and records management businesses, data-center business expansion and healthy balance sheet are likely to support IRM.

Key Reasons to Add Iron Mountain Stock to Your Portfolio Now

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Sun Communities

Successful investing requires second-level thinking, which involves deeper analysis beyond simple formulas, as highlighted by Howard Marks in "The Most Important Thing". Iron Mountain's transformation from document storage to cloud storage led to impressive returns, but the stock is now overrated and overpriced; it's time to sell. Sun Communities' restructuring and leadership changes present an opportunistic buy, with potential for 30% annual returns despite short-term earnings decline.

Managing Risk Is What Separates The Best From The Rest

IRM's Q3 results reflect a year-over-year rise in revenues and adjusted EBITDA.

Iron Mountain Q3 AFFO Beat, Storage Rental & Service Revenues Rise

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announced today that it will participate in a fireside chat at the J.P. Morgan 2024 Ultimate Services Investor Conference in New York City. Date: Thursday, November 14, 2024 Time: 1:50 pm ET Presenters: Barry A. Hytinen, Executive Vice President and Chief Financial Officer The presentation is being webcast and it will be accessible on the Investor Relations section of w.

Iron Mountain to Present at Financial Conference

IRM's Q3 results reflect a year-over-year rise in revenues backed by solid storage and service segments and the data-center business performance.

Iron Mountain's Q3 AFFO Beat Estimates, Revenues Rise Y/Y

Iron Mountain Incorporated (NYSE:IRM ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Gillian Tiltman - SVP & Head, IR William Meaney - President & CEO Barry Hytinen - EVP & CFO Conference Call Participants George Tong - Goldman Sachs Jonathan Atkin - RBC Shlomo Rosenbaum - Stifel Nathan Crossett - BNP Kevin McVeigh - UBS Andrew Steinerman - JPMorgan Eric Luebchow - Wells Fargo Brendan Lynch - Barclays Operator Good morning, and welcome to the Iron Mountain Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.

Iron Mountain Incorporated (IRM) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Iron Mountain (IRM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Iron Mountain (IRM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Iron Mountain (IRM) came out with quarterly funds from operations (FFO) of $1.13 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to FFO of $0.99 per share a year ago.

Iron Mountain (IRM) Q3 FFO and Revenues Surpass Estimates

Iron Mountain on Wednesday posted a rise in its funds from operations (FFO) for the third quarter, driven by robust demand for its data centers.

Iron Mountain third-quarter FFO rises amid strong data center demand

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, announces financial results for the third quarter of 2024. The conference call / webcast details, earnings call presentation and supplemental financial information, which includes definitions of certain capitalized terms used in this release, are available on Iron Mountain's Investor Relations website. Reconciliations of non-GAAP measures to the appropriate GAAP measure.

Iron Mountain Reports Third Quarter Results

IRM's Q3 results are likely to show strength in core storage and record management businesses and solid data center demand, despite higher interest expenses.

Iron Mountain to Post Q3 Earnings: What's in the Cards for the Stock?

Evaluate the expected performance of Iron Mountain (IRM) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Curious about Iron Mountain (IRM) Q3 Performance? Explore Wall Street Estimates for Key Metrics

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REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged solid gains in September. Micro caps (-0.42%) again averaged a negative total return. 72.3% of REIT securities had a positive total return in September.

The State Of REITs: October 2024 Edition

Strong cash flows in the storage and records management segment, and a focus on the data center business are positives for IRM. High competition is concerning.

Should You Consider Adding Iron Mountain Stock to Your Portfolio?

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM), a global leader in information management services, will report its third quarter 2024 financial results before market hours on Wednesday, November 6, 2024. 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 at: http://investors.ironmountain.com, under “Quarterly Earnings” prior to th.

Iron Mountain Schedules Third Quarter 2024 Earnings Release and Conference Call

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U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation data. All eyes were on the Consumer Price Index report, which posted a fractional upside surprise in September for a second-straight month, which followed four straight months of cooler-than-expected reports. Bond markets remained under pressure as buoyant labor market data last week and lukewarm inflation data this week has prompted investors to re-think the prospects of aggressive Fed rate cuts.

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These High-Yield Dividend Stocks Have Rallied Nearly 40% Over the Past Year. Is it Too Late to Buy?

Strong cash flows in the storage and records management business and a focus on the data center business are upsides for IRM.

Iron Mountain Stock Rises 30% in Three Months: Will the Trend Last?

Iron Mountain has seen significant growth, with the stock up 300.3% since February 2021. The company's Global RIM segment and Global Data Center Business have both shown robust revenue and profit growth, driven largely by organic expansion. Despite impressive growth, the high capital costs for data center expansion and current lofty valuations make Iron Mountain too expensive for a 'buy' rating.

News for Iron Mountain Stock (IRM)