Iron Mountain (IRM) Invested Capital (2009 - 2026)
Iron Mountain's Invested Capital was $16.07 billion in Q2 2026, up 6.9% from $15.03 billion a year earlier but down 0.6% from the prior quarter.
Analysis
Iron Mountain (IRM) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Iron Mountain came in at $15.45 billion, up 15.2% from FY2024.
- Invested Capital has now increased for five consecutive years, with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- In earlier years, Invested Capital was $13.41 billion in FY2024 (+10.5%), $12.14 billion in FY2023 (+8.4%), $11.21 billion in FY2022 (+10.6%) and $10.13 billion in FY2021 (+2.9%).
- Quarterly Invested Capital has moved between $10.11 billion (Q3 2021) and $16.16 billion (Q1 2026) over five years.
- Compared with a year earlier, Invested Capital has increased for 20 straight quarters, with growth averaging 12.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Invested Capital ran from 1.6% in Q3 2021 to 17.3% in Q2 2025.
- Per Business Quant data, IRM's Invested Capital in the three quarters before Q2 2026 was $16.16 billion (Q1 2026), $15.45 billion (Q4 2025) and $15.31 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 38.16 Bn |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 7.57 Bn |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 16.07 Bn |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 7.04 Bn |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 9.52 Bn |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 2.13 Bn |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 1.92 Bn |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 2.81 Bn |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 2.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.07 Bn |
| Mar 31, 2026 | 16.16 Bn |
| Dec 31, 2025 | 15.45 Bn |
| Sep 30, 2025 | 15.31 Bn |
| Jun 30, 2025 | 15.03 Bn |
| Mar 31, 2025 | 14.41 Bn |
| Dec 31, 2024 | 13.41 Bn |
| Sep 30, 2024 | 13.28 Bn |
| Jun 30, 2024 | 12.81 Bn |
| Mar 31, 2024 | 12.73 Bn |
| Dec 31, 2023 | 12.14 Bn |
| Sep 30, 2023 | 11.92 Bn |
| Jun 30, 2023 | 11.66 Bn |
| Mar 31, 2023 | 11.51 Bn |
| Dec 31, 2022 | 11.21 Bn |
| Sep 30, 2022 | 10.84 Bn |
| Jun 30, 2022 | 10.73 Bn |
| Mar 31, 2022 | 10.99 Bn |
| Dec 31, 2021 | 10.13 Bn |
| Sep 30, 2021 | 10.11 Bn |
API Access
Iron Mountain Invested Capital 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=invested-capital&ticker=IRM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=IRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();