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| Date | Value |
|---|---|
| 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% |