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

Iron Mountain's (IRM) quarterly Net Margin came in at 7.42% in Q1 2026, up 642.0% year-on-year from 1.0% in Q1 2025, and up 53.2% quarter-over-quarter from 4.84% in Q4 2025.

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

Iron Mountain has disclosed Net Margin across 18 years of filings, most recently posting 7.42% for Q1 2026.

  • Net Margin for Q1 2026 came in at 7.42%, up 642.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.76% (up 181.0% YoY), and the FY2025 annual result was 2.09%, down 83.0% from the prior year.
  • Net Margin came in at 7.42% for Q1 2026 at Iron Mountain, up from 4.84% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 15.52% in Q2 2022 to a low of 2.62% in Q2 2025.
  • The 5-year median for Net Margin is 4.84% (2025), against an average of 4.95%.
  • Across the five-year window, Net Margin jumped 894 bps in 2022 and sank 1551 bps in 2023, its largest moves.
  • Iron Mountain's Net Margin stood at 9.57% in 2022, then plunged by 79 bps to 2.01% in 2023, then soared by 228 bps to 6.57% in 2024, then fell by 26 bps to 4.84% in 2025, then surged by 53 bps to 7.42% in 2026.
  • The last three Net Margin figures came in at 7.42% (Q1 2026), 4.84% (Q4 2025), and 4.81% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 16.98%
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 31.40%
3 Digital Realty Trust 63.76 Bn 62.92 Bn - 7.66%
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 27.33%
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 7.42%
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 26.29%
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 9.03%
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 25.54%
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 57.00%
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 4.19%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.42%
Dec 31, 2025 4.84%
Sep 30, 2025 4.81%
Jun 30, 2025 -2.62%
Mar 31, 2025 1.00%
Dec 31, 2024 6.57%
Sep 30, 2024 -2.16%
Jun 30, 2024 2.33%
Mar 31, 2024 5.01%
Dec 31, 2023 2.01%
Sep 30, 2023 6.56%
Jun 30, 2023 0.01%
Mar 31, 2023 4.91%
Dec 31, 2022 9.57%
Sep 30, 2022 14.93%
Jun 30, 2022 15.52%
Mar 31, 2022 3.39%
Dec 31, 2021 1.87%
Sep 30, 2021 5.99%
Jun 30, 2021 24.58%