Iron Mountain (IRM) Debt to Equity (2009 - 2026)

Iron Mountain's (IRM) quarterly Debt to Equity came in at -$18.23 in Q1 2026, up 38.62% year-on-year from -$13.15 in Q1 2025, and down 8.81% quarter-over-quarter from -$16.75 in Q4 2025.

Iron Mountain (IRM) Debt to Equity (2009 - 2026) Analysis & Trends

Iron Mountain has disclosed Debt to Equity across 18 years of filings, most recently posting -$18.23 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$18.23, up 38.62% year-over-year; the trailing twelve-month figure through Mar 2026 was -$18.23 (up 38.62% YoY), and the FY2025 annual result was -$16.75, up 62.8% from the prior year.
  • Debt to Equity came in at -$18.23 for Q1 2026 at Iron Mountain, down from -$16.75 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $680.99 in Q1 2024 to a low of -$130.67 in Q3 2024.
  • The 5-year median for Debt to Equity is $13.49 (2022), against an average of $30.0.
  • Peak annual rise in Debt to Equity reached 3288.81% in 2024, while the deepest fall reached 460.84% in 2024.
  • Iron Mountain's Debt to Equity stood at $16.6 in 2022, then surged by 239.51% to $56.35 in 2023, then plunged by 179.91% to -$45.03 in 2024, then surged by 62.8% to -$16.75 in 2025, then fell by 8.81% to -$18.23 in 2026.
  • The last three Debt to Equity figures came in at -$18.23 (Q1 2026), -$16.75 (Q4 2025), and -$18.36 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 0.13
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 10.59
3 Digital Realty Trust 63.76 Bn 62.92 Bn - 0.03
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn -12.86
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn -18.23
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn -2.73
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 0.57
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 3.34
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - -
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 3.90

Historic Data

Download Data
DateValue
Mar 31, 2026 -18.23
Dec 31, 2025 -16.75
Sep 30, 2025 -18.36
Jun 30, 2025 -27.42
Mar 31, 2025 -29.69
Dec 31, 2024 -45.03
Sep 30, 2024 -130.67
Jun 30, 2024 -97.47
Mar 31, 2024 680.99
Dec 31, 2023 56.35
Sep 30, 2023 44.38
Jun 30, 2023 27.01
Mar 31, 2023 20.10
Dec 31, 2022 16.60
Sep 30, 2022 19.31
Jun 30, 2022 15.47
Mar 31, 2022 13.49
Dec 31, 2021 10.82
Sep 30, 2021 9.37
Jun 30, 2021 7.73