Iron Mountain (IRM) Net Margin (2009 - 2026)
Iron Mountain's (IRM) quarterly Net Margin came in at 5.0% in Q2 2026, up 762.0% year-over-year from 0.58% in Q2 2025, and down 32.63% quarter-over-quarter from 7.42% in Q1 2026.
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Analysis
Iron Mountain (IRM) Net Margin (2009 - 2026) Analysis & Trends
Iron Mountain has disclosed Net Margin across 18 years of filings, most recently posting 5.0% for Q2 2026.
- In Q2 2026, Net Margin rose 762.0% year-over-year to 5.0%; the TTM figure through Jun 2026 stood at 5.54% (up 489.0% YoY), while the FY2025 annual figure was 2.09%, down 83.0% from the prior year.
- Net Margin came in at 5.0% for Q2 2026 at Iron Mountain, down from 7.42% 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.
- Average Net Margin over 5 years is 4.95%, with a median of 4.88% recorded in 2023.
- Year-over-year, Net Margin surged 894 bps in 2022 and plunged 1551 bps in 2023.
- Over 5 years, Net Margin stood at 9.57% in 2022, then slumped 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 advanced by 3 bps to 5.0% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 5.0% in Q2 2026, 7.42% in Q1 2026, and 4.84% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.04 Bn | 79.76 Bn | 1.48 Bn | 17.59% |
| 2 | Iron Mountain | 34.33 Bn | 34.13 Bn | 1.07 Bn | 5.00% |
| 3 | Rollins | 16.59 Bn | 16.48 Bn | 569.95 Mn | 13.34% |
| 4 | APi | 16.40 Bn | 15.55 Bn | 703.00 Mn | 3.95% |
| 5 | Aramark | 14.94 Bn | 14.44 Bn | 430.34 Mn | 1.93% |
| 6 | FirstService | 6.27 Bn | 6.10 Bn | 480.66 Mn | 4.20% |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 3.14% |
| 8 | Geo | 4.11 Bn | 3.86 Bn | - | 6.40% |
| 9 | CoreCivic | 3.40 Bn | 3.29 Bn | - | 5.42% |
| 10 | Abm Industries | 2.92 Bn | 2.81 Bn | 286.10 Mn | 2.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.00% |
| 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 | 5.32% |
| Sep 30, 2021 | 5.99% |