Iron Mountain (IRM) FCF Margin (2009 - 2026)

Iron Mountain's (IRM) quarterly FCF Margin came in at 1.89% in Q1 2026, up 968.0% year-on-year from 0.18% in Q1 2025, and up 314.74% quarter-over-quarter from 0.88% in Q4 2025.

Iron Mountain (IRM) FCF Margin (2009 - 2026) Analysis & Trends

Iron Mountain has disclosed FCF Margin across 18 years of filings, most recently posting 1.89% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 1.89%, up 968.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.64% (down 2359.0% YoY), and the FY2025 annual result was 13.5%, down 2740.0% from the prior year.
  • FCF Margin came in at 1.89% for Q1 2026 at Iron Mountain, up from 0.88% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 79.92% in Q4 2024 to a low of 39.61% in Q3 2023.
  • The 5-year median for FCF Margin is 7.78% (2025), against an average of 0.71%.
  • Across the five-year window, FCF Margin jumped 7497 bps in 2024 and sank 8080 bps in 2025, its largest moves.
  • Iron Mountain's FCF Margin stood at 28.95% in 2022, then jumped by 117 bps to 4.95% in 2023, then jumped by 1515 bps to 79.92% in 2024, then slumped by 101 bps to 0.88% in 2025, then soared by 315 bps to 1.89% in 2026.
  • The last three FCF Margin figures came in at 1.89% (Q1 2026), 0.88% (Q4 2025), and 14.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 24.30%
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 34.74%
3 Digital Realty Trust 63.76 Bn 62.92 Bn - -20.65%
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 44.75%
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 1.89%
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 29.38%
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 1.68%
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 34.95%
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 37.80%
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 16.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.89%
Dec 31, 2025 -0.88%
Sep 30, 2025 -14.61%
Jun 30, 2025 -31.26%
Mar 31, 2025 -7.78%
Dec 31, 2024 79.92%
Sep 30, 2024 -9.19%
Jun 30, 2024 -12.09%
Mar 31, 2024 -5.43%
Dec 31, 2023 4.95%
Sep 30, 2023 -39.61%
Jun 30, 2023 28.79%
Mar 31, 2023 -10.43%
Dec 31, 2022 -28.95%
Sep 30, 2022 31.61%
Jun 30, 2022 9.48%
Mar 31, 2022 -8.54%
Dec 31, 2021 3.13%
Sep 30, 2021 -4.36%
Jun 30, 2021 7.53%