Iron Mountain (IRM) Capital Expenditures (2009 - 2026)
Iron Mountain (IRM) recorded Capital Expenditures of $588.19 million in Q2 2026, up 5.6% from $556.76 million a year earlier and up 13.5% from the prior quarter.
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Analysis
Iron Mountain (IRM) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Iron Mountain's Capital Expenditures came in at $2.15 billion as of Jun 30, 2026, down 4.4% year-over-year; for FY2025, it came in at $2.27 billion, up 26.8% from FY2024.
- Annual Capital Expenditures has increased for five straight years, with a five-year compound annual growth rate of 39.0% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $1.79 billion in FY2024 (+33.8%), $1.34 billion in FY2023 (+53.0%), $875.38 million in FY2022 (+43.3%) and $611.08 million in FY2021 (+39.4%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q1 2025.
- On a year-over-year basis, Capital Expenditures rose in six of the last eight quarters, with growth averaging 23.6%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 116.0% in Q3 2022, against a decline of 23.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $518.01 million (Q1 2026), $516.25 million (Q4 2025) and $523.86 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 186.22 Mn |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 96.00 Mn |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 588.19 Mn |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 31.00 Mn |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 112.37 Mn |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 6.43 Mn |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 69.00 Mn |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 19.92 Mn |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 3.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 588.19 Mn |
| Mar 31, 2026 | 518.01 Mn |
| Dec 31, 2025 | 516.25 Mn |
| Sep 30, 2025 | 523.86 Mn |
| Jun 30, 2025 | 556.76 Mn |
| Mar 31, 2025 | 674.77 Mn |
| Dec 31, 2024 | 617.60 Mn |
| Sep 30, 2024 | 396.07 Mn |
| Jun 30, 2024 | 396.76 Mn |
| Mar 31, 2024 | 381.15 Mn |
| Dec 31, 2023 | 376.93 Mn |
| Sep 30, 2023 | 361.54 Mn |
| Jun 30, 2023 | 334.85 Mn |
| Mar 31, 2023 | 265.91 Mn |
| Dec 31, 2022 | 278.58 Mn |
| Sep 30, 2022 | 266.58 Mn |
| Jun 30, 2022 | 169.17 Mn |
| Mar 31, 2022 | 161.05 Mn |
| Dec 31, 2021 | 192.11 Mn |
| Sep 30, 2021 | 123.39 Mn |
API Access
Iron Mountain Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=IRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "IRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=IRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();